Vassar Brothers Institute
- Assets
- $217.2k
- Revenue
- $12.0k
- Investments
- $216.6k
- Employees
- 0
- Location
- Lagrangeville, NY
- Founding
- 09/1973
- Data as of
- 04/2024
- EIN
- 14-1368039
Organization Overview
Vassar Brothers Institute is located in Lagrangeville, NY. The organization was established in 1973. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vassar Brothers Institute 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 04/2024, Vassar Brothers Institute generated $12.0k 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 (11.5%) each year. All expenses for the organization totaled $15.0k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LECTURE SERIES ARE PROGRAMS WITH THE PURPOSE OF BRINGING TOGETHER QUALIFIED & EXPERIENCED DISCUSSION LEADERS AND THE LAY PUBLIC TO EXPLORE TOPICS OF GENERAL INTEREST & CONCERN.
SCIENCE IN YOUR LIFE. THIS PROGRAM'S PURPOSE IS TO BRING TOGETHER SCIENTISTS AND THE LAY PUBLIC TO DISCUSS AND EXPLAIN TOPICS OF GENERAL INTEREST AND CONCERN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maung S Htoo President, Trustee | 0 | $0 | |
Robert Brickner Secretary, Trustee | 0 | $0 | |
Arne Christensen Trustee | 0 | $0 | |
James Holmgren Trustee | 0 | $0 | |
Naomi Htoo-Mosher Trustee | 0 | $0 | |
Steven Johnson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $11,158 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $884 |
| Capital Gain Net Income | $884 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,043 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $565 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $150 |
| Printing and publications | $0 |
| Other expenses | $2,264 |
| Total operating and administrative expenses | $4,779 |
| Contributions, gifts, grants paid | $10,207 |
| Total expenses and disbursements | $14,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $626 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $217,186 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Vassar Brothers Institute has awarded $10,207 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BARDAVON YOUNG PEOPLES CONCERT PURPOSE: GENERAL | $3,500 |
CUNNEEN-HACKETT ARTS CENTER PURPOSE: GENERAL | $5,207 |
REGIONAL SCIENCE FAIR OF DUTCHESS COUNTY PURPOSE: GENERAL | $1,500 |