Newton Cultural Alliance Inc
- Assets
- $8.2m
- Revenue
- $174.4k
- Investments
- $0.0
- Employees
- 9
- Location
- West Newton, MA
- Founding
- 09/2010
- Data as of
- 06/2022
- EIN
- 27-0590276
Organization Overview
Newton Cultural Alliance Inc is located in West Newton, MA. The organization was established in 2010. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Newton Cultural Alliance Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newton Cultural Alliance 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 06/2022, Newton Cultural Alliance Inc generated $174.4k 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 $718.9k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NCA IS A LOCAL NON-PROFIT WHOSE MISSION IS TO PROMOTE, SUSTAIN, AND ENHANCE ART AND CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURTHERED ARTS ADVOCACY PROGRAMMING WITH A VARIETY OF MEDIA AND COLLABORATIVE ORGANIZATIONAL ACTIVITIES, MET SCHEDULED MILESTRONES IN THE ALLEN HOUSE RESTORATION PROJECT AND ENHANCED THE COMPLETED SECTION OF THE PROPERTY FOR GREATER ORGANIZATIONAL AND PUBLIC USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sachiko Isihara Clerk | OfficerTrustee | 3 | $0 |
Arthur Anderson Director | Trustee | 3 | $0 |
Laurel Farnsworth President & Treasurer | OfficerTrustee | 3 | $0 |
Kay Khan Director | Trustee | 3 | $0 |
Susan Paley Vice President | OfficerTrustee | 3 | $0 |
Victoria Danberg Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Classic Construction Construction | 6/29/20 | $3,801,765 |
Dla Architecture Architecture/engineering | 6/29/20 | $149,645 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,400 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,182 |
| All other contributions, gifts, grants, and similar amounts not included above | $123,671 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,253 |
| Total Program Service Revenue | $11,329 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,636 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $174,377 |
| 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. | $50,000 |
| Compensation of current officers, directors, key employees. | $5,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,913 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,088 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,025 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,993 |
| Advertising and promotion | $1,276 |
| Office expenses | $0 |
| Information technology | $38 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,497 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,794 |
| Insurance | $3,629 |
| All other expenses | $13,136 |
| Total functional expenses | $718,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,803 |
| Savings and temporary cash investments | $41 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $700 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $252,430 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $250,420 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,665,768 |
| Total assets | $8,180,162 |
| Accounts payable and accrued expenses | $115,072 |
| 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 | $2,111,000 |
| Secured mortgages and notes payable | $1,921,119 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $171,713 |
| Total liabilities | $4,318,904 |
| Net assets without donor restrictions | $3,861,258 |
| 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 | $8,180,162 |