Mercer Island Farmers Market is located in Mercer Island, WA. The organization was established in 2012. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercer Island Farmers Market 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 04/2023, Mercer Island Farmers Market generated $119.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $69.3k during the year ending 04/2023. While expenses have increased by 2.5% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Bradshaw Market Manager | 25 | $39,650 | |
Jennifer Goodrich Board President | 5 | $0 | |
Ben Sternberg Board Treasurer | 2 | $0 | |
Dana Pruchno Board Member | 2 | $0 | |
Paul Sommer Board Member | 2 | $0 | |
Eunyoung Kim Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,665 |
| Total Program Service Revenue | $54,318 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,000 |
| Total Revenue | $118,996 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,727 |
| Professional fees and other payments to independent contractors | $2,757 |
| Occupancy, rent, utilities, and maintenance | $755 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,037 |
| Total expenses | $69,276 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,449 |
| Other assets | $0 |
| Total assets | $204,449 |
| Total liabilities | $0 |
| Net assets or fund balances | $204,449 |