Neusole Foundation is located in Forest Park, OH. The organization was established in 2009. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Neusole Foundation 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, Neusole Foundation generated $790.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $579.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
EDUCATIONAL CLASSES THROUGH THE COLLEGE OF MOUNT ST. JOSEPH, GLASS ART, CERAMIC AND ART CLASSES TO THE GENERAL PUBLIC.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John J Schiff III Director | 5 | $0 | |
John A Griffith Director | 1 | $0 | |
Debra J Bradley Executive Director | 40 | $84,096 | |
Cecil Thomas Director | 1 | $0 | |
Brian Redden Director | 1 | $0 | |
Michael Aschenbrenner Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $508,506 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $54,686 |
| Other Income | $227,645 |
| Total Revenue | $790,837 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,040 |
| Pension plans, employee benefits | $92,550 |
| Depreciation | $17,234 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $160 |
| Total operating and administrative expenses | $579,222 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $579,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,070 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |