Decorative Furnishings Association Inc is located in Smithtown, NY. The organization was established in 1977. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Decorative Furnishings Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Decorative Furnishings Association Inc generated $79.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $78.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 6 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
RECEIVE MEMBERSHIP DUES; WHICH PAY FOR THE MEMBERSHIP MEETINGS WHERE IT IS DISCUSSED HOW BEST TO CARRY OUT THE ORGANIZATION'S MISSION. IN ADDITION, WE PUT ON WEBINARS AND TRAININGS FOR OUR MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Xavier President | 2 | $0 | |
Jillian O'neill Vice Preside | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,799 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,799 |
| 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 | $3,278 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75,492 |
| Total expenses | $78,770 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,935 |
| Other assets | $0 |
| Total assets | $42,935 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,935 |