International Society Inc
- Assets
- $247.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 02/1981
- Data as of
- 09/2022
- EIN
- 04-2730330
Organization Overview
International Society Inc is located in Newton, MA. The organization was established in 1981. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, International Society Inc generated $44.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $54.5k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
#28 OUR PROGRAMMING AREAS INCLUDE ARTS, HUMANITIES, AND EDUCATION. THE MAIN PURPOSE OF OUR PROGRAMMING IS TO SERVE AND BENEFIT THE YOUTH AND THE GENERAL PUBLIC. DUE TO COVID-19 AND THE LOSS OF FUNDING, WE HAVE TO REDUCE THE NUMBER OF EVENTS AND ACTIVITIES. THINGS HAVE NOT IMPROVED. WE WERE ABLE TO PRESENT WRITER AND POET WORKSHOP, DRAMA WORKSHOP, FORUMS, AND SYMPOSIUM ON ZOOM. SOME BEGAN TO BE HELD IN REAL SPACES. WE ALSO CONTINUE TO HAVE WRITERS, POETS, AND PLAYWRIGHTS CREATE NEW WORKS AND HOLD ZOOM CRITIQUE AND DISCUSSION SEASONS. #29 EDUCATION OUTREACH PROGRAM WAS NO LONGER IN OPERATION DUE TO NO FUNDING AND SCHOOLS' DECREASED ENTHUSIASM. #30 THE INTERNATIONAL CULTURAL EXCHANGE PROGRAM WAS CANCELED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neicei Degan Chairman Of The Board | 15 | $0 | |
Juliette Tai Treasurer And Clark | 20 | $0 | |
Doris Chu President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,965 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,350 |
| Investment income | $18,265 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,580 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $620 |
| Occupancy, rent, utilities, and maintenance | $53,400 |
| Printing, publications, postage, and shipping | $496 |
| Other expenses | $0 |
| Total expenses | $54,516 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247,333 |
| Other assets | $0 |
| Total assets | $247,333 |
| Total liabilities | $0 |
| Net assets or fund balances | $247,333 |
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