The Marion Institute Inc
- Assets
- $1.8m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Marion, MA
- Founding
- 01/1994
- Data as of
- 09/2021
- EIN
- 04-3206583
Organization Overview
The Marion Institute Inc is located in Marion, MA. The organization was established in 1994. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Marion Institute Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion Institute 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 09/2021, Marion Institute Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $1.8m during the year ending 09/2021. While expenses have increased by 13.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTS IDEAS THAT FOSTER CHANGE WITH HEALTHY LIVING, COMMUNITY-BUILDING AND SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREENHOUSE INITIATIVES PROGRAM IS DESIGNED TO PROVIDE FISCAL SPONSORSHIP SERVICES TO LEADERS OF MISSION-BASED ORGANIZATIONS LOCALLY AND GLOBALLY.
BUS RAPID TRANSIT (BRT) STRATEGIC GRANTS PROGRAM IS AN INITIATIVE TO PROMOTE THE DEVELOPMENT OF BRT CORRIDORS IN BOSTON TO REDUCE CONGESTION AND GREENHOUSE GAS EMISSIONS.
THE GROW EDUCATION PROGRAM FOCUSES ON EDUCATING REGIONAL COMMUNITIES TO INSPIRE AND INFLUENCE A CULTURE OF HEALTH. THERE ARE THREE FRAMEWORKS WHICH GROW SOUTHCOAST USES TO CULTIVATE CHANGE WITHIN OUR COMMUNITIES: EDUCATION, HEALTH, AND ENVIRONMENT.
BIOMED PROGRAMS - THE BIOMED NETWORK IS DEDICATED TO EXPANDING COMPLETE HEALTH AND WELL-BEING THROUGH THE ADVANCEMENT AND WIDENING AVAILABILITY OF BIOLOGICAL MEDICINE AROUND THE WORLD. SOUTHCOAST FOOD POLICY COUNCIL - BEGINNING IN 2020, ITS MISSION IS TO CONNECT, CONVENE, AND ADVOCATE FOR LOCAL FOOD PRODUCERS, CONSUMERS, AND COMMUNITY LEADERS WHO SEEK POLICY AND SYSTEMS THAT STRENGTHEN OUR REGIONAL FOOD SYSTEM, IMPROVE COMMUNITY HEALTH, AND ELIMINATE FOOD INSECURITY;CONNECTOR SERIES - BRINGS THOUGHT LEADERS FROM AROUND THE WORLD TO HELP SHARE IDEAS AND EXPAND THE IMPACT OF THEIR WORK, LOCALLY AND BEYOND. THESE EDUCATIONAL EVENTS TAKE PLACE THROUGHOUT THE YEAR AND HAVE FOCUSED ON HEALTH, SOCIAL JUSTICE, SUSTAINABILITY, RESPONSIBLE BUSINESS, AND INDIVIDUAL POTENTIAL;
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Wiley Executive Director | Officer | 40 | $113,451 |
Angela Silva Director Of Finance And Op | Officer | 40 | $83,659 |
Margherita Baldwin President (former Clerk) | OfficerTrustee | 1 | $0 |
John Mannix Treasurer | OfficerTrustee | 1 | $0 |
Michael Baldwin Director (former President) | OfficerTrustee | 2 | $0 |
Orson Watson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stantec Consulting Services Inc Consulting Services | 9/29/21 | $151,588 |
Toole Design Group Llc Consulting Services | 9/29/21 | $146,549 |
Kittelson & Associates Inc Consulting Services | 9/29/21 | $145,317 |
Inner Light Consultants Inc Consulting Services | 9/29/21 | $125,950 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $110,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,648,628 |
| Noncash contributions included in lines 1a–1f | $162,092 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,759,428 |
| Total Program Service Revenue | $120,133 |
| Investment income | $45,078 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $85,651 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $997 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,011,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $226,576 |
| Compensation of current officers, directors, key employees. | $91,110 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,012 |
| Pension plan accruals and contributions | $16,937 |
| Other employee benefits | $38,539 |
| Payroll taxes | $39,986 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,622 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,750 |
| Advertising and promotion | $605 |
| Office expenses | $24,954 |
| Information technology | $24,246 |
| Royalties | $0 |
| Occupancy | $34,491 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,213 |
| Interest | $0 |
| Payments to affiliates | $577,911 |
| Depreciation, depletion, and amortization | $4,339 |
| Insurance | $12,441 |
| All other expenses | $530,471 |
| Total functional expenses | $1,786,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $531,180 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $224,271 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,053 |
| Prepaid expenses and deferred charges | $12,527 |
| Net Land, buildings, and equipment | $3,988 |
| Investments—publicly traded securities | $1,029,231 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,259 |
| Other assets | $771 |
| Total assets | $1,815,280 |
| Accounts payable and accrued expenses | $84,139 |
| Grants payable | $0 |
| Deferred revenue | $167,696 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $110,850 |
| Other liabilities | $0 |
| Total liabilities | $362,685 |
| Net assets without donor restrictions | $892,468 |
| Net assets with donor restrictions | $560,127 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,815,280 |
Grants Recieved
Over the last fiscal year, we have identified 28 grants that The Marion Institute Inc has recieved totaling $310,353.
| Awarding Organization | Amount |
|---|---|
Swartz Foundation Trust New York, NY PURPOSE: CHARITABLE CONTRIBUTION | $50,000 |
Garfield Foundation Marion, MA PURPOSE: EXEMPT PURPOSES | $40,250 |
Bromley Charitable Tr Westwood, MA PURPOSE: GENERAL | $25,000 |
Arcadia Charitable Tr Ua 050797 Boston, MA PURPOSE: DEVELOPMENT OF THE GROW EDUCATION "FARM-TO-SCHOOL" CURRICULUM; INCLUDING CREATION OF THE CURRICULUM AND TRAINING TEACHERS HOW TO USE THE GARDENS | $25,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $20,500 |
Genevieve Mcmillan-Reba Stewart Foundation Norwood, MA PURPOSE: CHARITABLE | $20,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Halvorsen Family Foundation Greenwich, CT | $235,306,066 | $4,015,208 |
Lynch Foundation Boston, MA | $176,006,196 | $42,142,694 |
Foundation Berma New York, NY | $320,553,699 | $33,382,644 |
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |
John R Oishei Consolidated Tr 01091998 Buffalo, NY | $21,967,662 | $5,743,689 |
Goldstein Family Foundation Spring Valley, NY | $15,534,248 | $10,502,547 |
Sol Goldman Charitable Trust New York, NY | $0 | $3,639,060 |
Schwartz Fam Foundation Tr New York, NY | $15,701,646 | $4,641,500 |
Lyford Cay Foundation Inc Greenwich, CT | $29,953,842 | $2,393,799 |
Wings For Things Foundation Inc Sandy Hook, CT | $31,046,537 | $6,302,092 |