Massachusetts Foundation For Humanities & Public Policy Inc
- Assets
- $5.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 9
- Location
- Northampton, MA
- Founding
- 03/1984
- Data as of
- 10/2021
- EIN
- 22-2504778
Organization Overview
Massachusetts Foundation For Humanities & Public Policy Inc is located in Northampton, MA. The organization was established in 1984. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2021, Massachusetts Foundation For Humanities & Public Policy Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Foundation For Humanities & Public Policy 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 10/2021, Massachusetts Foundation For Humanities & Public Policy Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $2.9m during the year ending 10/2021. While expenses have increased by 9.3% 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.
Since 2016, Massachusetts Foundation For Humanities & Public Policy Inc has awarded 317 individual grants totaling $3,445,488. 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
WE CREATE OPPORTUNITIES FOR THE PEOPLE OF MASSACHUSETTS TO TRANSFORM THEIR LIVES AND BUILD A MORE EQUITABLE COMMONWEALTH THROUGH THE HUMANITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGRANTS AND ALLOCATIONS FOR THE ADVANCEMENT OF HUMANITIES PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Boyles Executive Director | Officer | 40 | $154,570 |
Peggy Kemp Vice Chair | OfficerTrustee | 1 | $0 |
Elizabeth Duclosorsello Chair | OfficerTrustee | 1 | $0 |
Bruce Grinnell Treasurer | OfficerTrustee | 1 | $0 |
William M Fowler Jr Secretary | OfficerTrustee | 1 | $0 |
Lennie Alickman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,418,378 |
| All other contributions, gifts, grants, and similar amounts not included above | $401,144 |
| Noncash contributions included in lines 1a–1f | $4,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,819,522 |
| Total Program Service Revenue | $0 |
| Investment income | $27,319 |
| 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 | $2,846,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,478,147 |
| 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 | $519,268 |
| Pension plan accruals and contributions | $44,380 |
| Other employee benefits | $89,900 |
| Payroll taxes | $30,340 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $623,017 |
| Advertising and promotion | $0 |
| Office expenses | $58,029 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,031 |
| Travel | $11,964 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,433 |
| Insurance | $0 |
| All other expenses | $43,070 |
| Total functional expenses | $2,944,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,616,676 |
| Savings and temporary cash investments | $632,343 |
| Pledges and grants receivable | $504,716 |
| 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 | $25,338 |
| Net Land, buildings, and equipment | $1,217 |
| Investments—publicly traded securities | $2,678,950 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,459,240 |
| Accounts payable and accrued expenses | $229,854 |
| Grants payable | $406,377 |
| Deferred revenue | $0 |
| 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 | $636,231 |
| Net assets without donor restrictions | $1,919,594 |
| Net assets with donor restrictions | $2,903,415 |
| 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 | $5,459,240 |
Grants Awarded
Over the last fiscal year, Massachusetts Foundation For Humanities & Public Policy Inc has awarded $1,478,147 in support to 137 organizations.
| Grant Recipient | Amount |
|---|---|
Great Barrington, MA PURPOSE: HUMANITIES PROJECT | $20,000 |
Northampton, MA PURPOSE: HUMANITIES PROJECT | $20,000 |
New Bedford, MA PURPOSE: HUMANITIES PROJECT | $20,000 |
Boston, MA PURPOSE: HUMANITIES PROJECT | $20,000 |
ACTIVEVISTA MEDIA PURPOSE: HUMANITIES PROJECT | $20,000 |
Lawrence, MA PURPOSE: HUMANITIES PROJECT | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Massachusetts Foundation For Humanities & Public Policy Inc has recieved totaling $16,021.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $9,021 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: ARTS & CULTURE | $7,000 |
Endowment Analysis
| Beg. Balance | $2,155,754 |
| Earnings | $493,496 |
| Net Contributions | $11,511 |
| Ending Balance | $2,660,761 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Modern Language Association Of America New York, NY | $26,742,104 | $16,207,433 |
New Hampshire Institute of Art Manchester, NH | $0 | $13,685,136 |
Pen American Center Inc New York, NY | $36,781,487 | $29,059,092 |
Commercial Real Estate Finance Council Inc New York, NY | $15,641,619 | $8,091,268 |
Archaeological Institute Of America Boston, MA | $15,760,718 | $9,516,750 |
Academy Of American Poets Incorporated New York, NY | $16,980,319 | $4,039,105 |
Grub Street Inc Boston, MA | $11,789,751 | $6,194,111 |
Center For Inquiry Inc Amherst, NY | $8,104,198 | $5,991,557 |
National Book Foundation Inc New York, NY | $4,696,616 | $3,836,375 |
Connecticut Humanities Council Middletown, CT | $1,530,926 | $3,295,528 |
New York Council For The Humanities New York, NY | $2,496,894 | $3,586,085 |
Institute On Religion And Public Life New York, NY | $2,017,978 | $3,465,184 |