Memories Live Foundation
- Assets
- $90.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Summit, NJ
- Founding
- 11/2010
- Data as of
- 12/2022
- EIN
- 27-2106836
Organization Overview
Memories Live Foundation is located in Summit, NJ. The organization was established in 2010. According to its NTEE Classification (A31) the organization is classified as: Film & Video, 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. Memories Live 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 12/2022, Memories Live Foundation generated $126.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $120.0k during the year ending 12/2022. While expenses have increased by 8.1% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
MANY CLIENTS WITH TERMINAL ILLNESSES WERE SERVED THROUGH MEMORIES LIVE MOVIES IN 2022. MOVIES WILL SERVE AS AN IMPORTANT "LEAVE BEHIND" TO PRESERVE STORIES, IMAGES AND EXPERIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Glass President, Director | 25 | $109,682 | |
Neil Glass Treasurer, Director | 0.5 | $0 | |
Melissa Goldberg Secretary, Director | 0.5 | $0 | |
Richard Mandelbaum Director | 0.5 | $0 | |
Sharon Weintraub Director | 0.5 | $0 | |
Beth Burns Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,305 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,305 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $109,682 |
| Professional fees and other payments to independent contractors | $1,148 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $962 |
| Other expenses | $8,253 |
| Total expenses | $120,045 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,226 |
| Other assets | $0 |
| Total assets | $90,226 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,226 |