Welsh North American Association Inc
- Assets
- $1.2m
- Revenue
- $186.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Trumansburg, NY
- Founding
- 05/1961
- Data as of
- 12/2021
- EIN
- 23-7304017
Organization Overview
Welsh North American Association Inc is located in Trumansburg, NY. The organization was established in 1961. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Welsh North American Association 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 12/2021, Welsh North American Association Inc generated $186.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $140.1k during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 7 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
SPONSOR AND CONDUCT A CHORAL FESTIVAL THAT CELEBRATES WELSH CULTURE AND PRESERVES ITS HERITAGE THROUGH CONCERTS, WORKSHOPS, SOCIAL ACTIVITIES, AND SALES OF HYMNALS AND OTHER LITERATURE. ADDITIONALLY, THE ORGANIZATION PUBLISHES A NEWSLETTER TO PROMOTE COMMUNICATION AND FELLOWSHIP AMONG THOSE PEOPLE OF WELSH HERITAGE THROUGHOUT NORTH AMERICA AND SELLS WELSH HYMNALS, HISTORIES, AND OTHER LITERATURE THAT SERVE TO PRESERVE THE WELSH CULTURE AMONG ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CHORAL AND PERFORMING ARTS FESTIVAL PROMOTING WELSH CULTURE AND TRADITIONS AND SEEKING TO PRESERVE WELSH HERITAGE AMONG ITS MEMBERSHIP. ADDITIONALLY ORGANIZATION DEVOTES TIME AND RESOURCES TO FURTHERING THESE GOALS THROUGOUT THE YEAR IN CONJUNCTION WITH OTHER WELSH HERITAGE ORGANIZATIONS.
PUBLISHED QUARTERLY NEWSLETTER WITH A CIRCULATION OF 2550 PEOPLE TO ENHANCE COMMUNICATION ABOUT IMPORTANT EVENTS, DATES AND MEMBER INFORMATION, ENCOURAGE FELLOWSHIP, AND PROMOTE WELSH CULTURE AND HERITAGE AMONG ITS MEMBERSHIP AND FRIENDS.
SOLD WELSH HYMNALS, COOKBOOKS, HISTORIES OF THE ORGANIZATION, AND OTHER PUBLICATIONS THAT PRESERVE AND PROMOTE WELSH CULTURE AND TRADITIONS AMONG THE ORGANIZATION'S MEMBERS AND FRIENDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Williams Executive Secr. | Officer | 30 | $28,153 |
David Matthews President | OfficerTrustee | 0.5 | $0 |
David Allen Treasurer | Officer | 0.5 | $0 |
William L Fanning Past President | Officer | 2.5 | $0 |
Gerri Baker Parry Systems Coord. | Officer | 2.5 | $0 |
Jean Jones Jindra Vice President | Officer | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,780 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,037 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,817 |
| Total Program Service Revenue | $47,027 |
| Investment income | $49,889 |
| 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 | $1,214 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $186,101 |
| 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. | $28,153 |
| Compensation of current officers, directors, key employees. | $4,223 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,577 |
| Payroll taxes | $3,112 |
| 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 | $200 |
| Advertising and promotion | $299 |
| Office expenses | $9,406 |
| Information technology | $189 |
| Royalties | $0 |
| Occupancy | $4,440 |
| Travel | $5,937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60,113 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,592 |
| All other expenses | $29 |
| Total functional expenses | $140,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,562 |
| Savings and temporary cash investments | $0 |
| 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 | $13,177 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,200,879 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,231,618 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $1,231,618 |
| Total liabilities and net assets/fund balances | $1,231,618 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Welsh North American Association Inc has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $5,500 |
Endowment Analysis
| Beg. Balance | $942,979 |
| Earnings | $46,042 |
| Net Contributions | $2 |
| Other Expense | $10,000 |
| Ending Balance | $1,036,079 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Epoch Times Association Inc New York, NY | $35,086,092 | $121,545,102 |
The American Ireland Fund Boston, MA | $28,715,910 | $22,675,949 |
Japan Society Inc New York, NY | $91,776,832 | $10,515,982 |
Kutztown University Foundation Kutztown, PA | $74,779,996 | $14,561,087 |
French Institute-Alliance Francaise New York, NY | $24,965,114 | $8,095,199 |
Center For Jewish History Inc New York, NY | $52,466,984 | $9,804,079 |
Japanese Childrens Society Inc Englewood Cliffs, NJ | $6,760,346 | $7,633,011 |
National Yiddish Book Center Inc Amherst, MA | $63,979,400 | $12,290,218 |
Hispanic Society Of America New York, NY | $100,790,486 | $5,124,176 |
Columbus Citizens Foundation Inc New York, NY | $32,932,983 | $6,043,809 |
Swiss Institute New York, NY | $5,483,468 | $4,486,430 |
Greater Philadelphia Falun Dafa Association Philadelphia, PA | $1,063,316 | $4,579,656 |