Womens Jewelry Association Inc
- Assets
- $621.2k
- Revenue
- $553.6k
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 09/1989
- Data as of
- 12/2021
- EIN
- 13-3205392
Organization Overview
Womens Jewelry Association Inc is located in New York, NY. The organization was established in 1989. As of 12/2021, Womens Jewelry Association Inc employed 2 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Womens Jewelry 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 12/2021, Womens Jewelry Association Inc generated $553.6k 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 (7.9%) each year. All expenses for the organization totaled $677.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Womens Jewelry Association Inc has awarded 14 individual grants totaling $175,697. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER WOMEN TO ACHIEVE THEIR HIGHEST GOALS IN THE JEWELRY AND WATCH INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDS FOR EXCELLENCE - TO PROMOTE OPPORTUNITIES FOR WOMEN IN THE JEWELRY AND WATCH INDUSTRIES
TO PROMOTE OPPORTUNITIES AND EDUCATE WOMEN IN THE JEWELRY AND WATCH INDUSTRIES THROUGH MEETINGS, WORKSHOPS, MENTORING PROGRAMS, TRADESHOWS, NEWSLETTERS, NETWORKING, AND RESEARCH RELATED TO THE JEWELRY AND WATCH INDUSTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nan Palmer Treasurer | OfficerTrustee | 5 | $0 |
Raquel Alonso-Perez VP Of Chapter Affairs | OfficerTrustee | 5 | $0 |
Jacqueline Raffi Secretary | OfficerTrustee | 5 | $0 |
Susan Chandler President | OfficerTrustee | 10 | $0 |
Sarin Bachmann Board Member | Trustee | 5 | $0 |
Kendra Bridelle Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $199,061 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,327 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,014 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,402 |
| Total Program Service Revenue | $247,791 |
| Investment income | $14,986 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $553,604 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,275 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $239,028 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $768 |
| Payroll taxes | $17,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,765 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,268 |
| Fees for services: Other | $32,980 |
| Advertising and promotion | $41,196 |
| Office expenses | $1,878 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,784 |
| Travel | $2,943 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $220,382 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,532 |
| All other expenses | $4,815 |
| Total functional expenses | $677,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,266 |
| Savings and temporary cash investments | $78,819 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $421,123 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $621,208 |
| Accounts payable and accrued expenses | $7,589 |
| Grants payable | $0 |
| Deferred revenue | $92,568 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $100,157 |
| Net assets without donor restrictions | $521,051 |
| Net assets with donor restrictions | $0 |
| 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 | $621,208 |
Grants Awarded
Over the last fiscal year, Womens Jewelry Association Inc has awarded $26,188 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO PROVIDE TUITION ASSISTANCE SCHOLARSHIPS TO MEMBERS AND NON-MEMBER STUDENTS PURSUING A | $26,188 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Womens Jewelry Association Inc has recieved totaling $27,000.
| Awarding Organization | Amount |
|---|---|
Signet Love Inspires Foundation Akron, OH PURPOSE: GENERAL FUND | $25,000 |
Anna Emery Hanson Charitable Foundation 1 Detroit, MI PURPOSE: SUPPORT FOR DAILY OPERATION | $2,000 |
Endowment Analysis
| Beg. Balance | $124,346 |
| Admin Expense | $750 |
| Grants | $5,004 |
| Ending Balance | $118,592 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Epoch Times Association Inc New York, NY | $35,086,092 | $121,545,102 |
New York Public Radio New York, NY | $128,472,893 | $81,924,982 |
American Musical & Dramatic Academy New York, NY | $154,874,684 | $91,373,218 |
Whitney Museum Of American Art New York, NY | $937,771,000 | $113,143,000 |
National September 11 Memorial And Museum At The World Trade Center New York, NY | $601,946,963 | $89,488,435 |
Music And Event Management Inc Cincinnati, OH | $33,809,112 | $73,072,797 |
The Carnegie Hall Corporation New York, NY | $718,141,781 | $55,324,262 |
Philadelphia Museum Of Art Philadelphia, PA | $1,255,022,756 | $116,812,968 |
Boston Symphony Orchestra Inc Boston, MA | $745,262,219 | $89,872,398 |
Cleveland Museum Of Art Cleveland, OH | $1,319,088,329 | $90,038,138 |
Solomon R Guggenheim Foundation New York, NY | $240,294,871 | $73,166,662 |
Museum Of Science Boston, MA | $308,551,835 | $49,955,104 |