Massage Therapy Foundation Inc
- Assets
- $1.0m
- Revenue
- $529.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Evanston, IL
- Founding
- 10/1991
- Data as of
- 02/2022
- EIN
- 36-3735393
Organization Overview
Massage Therapy Foundation Inc is located in Evanston, IL. The organization was established in 1991. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 02/2022, Massage Therapy Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massage Therapy Foundation 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 02/2022, Massage Therapy Foundation Inc generated $529.7k 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 (3.2%) each year. All expenses for the organization totaled $497.0k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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 MASSAGE THERAPY FOUNDATION ("MTF") ADVANCES THE KNOWLEDGE AND PRACTICE OF MASSAGE THERAPY BY SUPPORTING SCIENTIFIC RESEARCH, EDUCATION, AND COMMUNITY SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUALLY, THE MTF FUNDS RESEARCH AND COMMUNITY SERVICE PROJECTS. IN 2021-2022, ONE RESEARCH PROJECT WAS FUNDED. IN ADDITION, FIVE COMMUNITY SERVICE PROJECTS RECEIVED FUNDING. MTF ALSO PROVIDES CASE REPORT AWARDS FOR STUDENTS AND ONE WAS FUNDED IN 2021-2022. ADDITIONALLY, THE MTF CONTINUES TO FUND THE INTERNATIONAL JOURNAL OF THERAPEUTIC MASSAGE AND BODYWORK (IJTMB) WHICH IS AN OPEN ACCESS, PEER-REVIEWED PUBLICATION INTENDED TO ACCOMMODATE THE DIVERSE NEEDS OF THE RAPIDLY-EXPANDING THERAPEUTIC MASSAGE AND BODYWORK COMMUNITY THAT IS OFFERED TO READERS GRATIS, ON A QUARTERLY BASIS. THOUSANDS OF PEOPLE VISIT OUR INFORMATIONAL WEBSITE ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Ohlson Executive Director & Treasurer | OfficerTrustee | 40 | $91,527 |
Robin Anderson President | OfficerTrustee | 30 | $15,800 |
Adrienne Asta Vice President | OfficerTrustee | 10 | $4,000 |
Douglas Nelson Immediate Past President | OfficerTrustee | 10 | $3,000 |
Brent Jackson Trustee | Trustee | 5 | $800 |
Angela Barker Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $124,040 |
| All other contributions, gifts, grants, and similar amounts not included above | $352,844 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $476,884 |
| Total Program Service Revenue | $0 |
| Investment income | $24,862 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $27,943 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $529,689 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $55,000 |
| Grants and other assistance to domestic individuals. | $1,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,163 |
| Compensation of current officers, directors, key employees. | $57,477 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $176,171 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,471 |
| Payroll taxes | $20,789 |
| 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 | $3,434 |
| Fees for services: Other | $54,634 |
| Advertising and promotion | $0 |
| Office expenses | $4,427 |
| Information technology | $338 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,802 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,223 |
| Total functional expenses | $497,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,034 |
| Pledges and grants receivable | $8,869 |
| Accounts receivable, net | $300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,850 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $944,503 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $355 |
| Total assets | $1,017,911 |
| Accounts payable and accrued expenses | $66,729 |
| Grants payable | $272,433 |
| 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 | $339,162 |
| Net assets without donor restrictions | $653,749 |
| Net assets with donor restrictions | $25,000 |
| 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 | $1,017,911 |
Grants Awarded
Over the last fiscal year, Massage Therapy Foundation Inc has awarded $62,914 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Lombard, IL PURPOSE: MASSAGE THERAPY WORK-RELATED MUSCULOSKELETAL DISORDERS | $19,000 |
THE TRUSTEES OF INDIANA UNIVERSITY PURPOSE: MASSAGE THERAPY FOR PREVENTION OF CHEMOTHERAPY INDUCED NEUROPATHY | $15,000 |
New Haven, CT PURPOSE: PREGNANCY MASSAGE AND MINDFULNESS STUDY FOR TOBACCO SMOKING WOMEN | $14,879 |
Lincoln, NE PURPOSE: MASSAGE THERAPY ON WELL-BEING FOR PARENTS OF CHILDREN RECOVERING FROM TRAUMATIC INJURY OR ILLNESS | $14,035 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Massage Therapy Foundation Inc has recieved totaling $34,240.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $33,716 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $524 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trilogy Inc Chicago, IL | $15,390,124 | $38,855,480 |
Family Institute Evanston, IL | $24,399,945 | $35,971,873 |
Hektoen Institute For Medical Research Chicago, IL | $65,726,936 | $31,693,206 |
Usona Institute Inc Madison, WI | $38,737,266 | $18,840,870 |
Chicago Association For Research And Education In Science Hines, IL | $11,790,723 | $5,694,956 |
International Association Of Assessing Officers Kansas City, MO | $8,352,276 | $4,892,120 |
Michael Reese Research And Education Foundation Chicago, IL | $25,901,146 | $3,650,987 |
International Society For Stem Cell Research Skokie, IL | $8,137,846 | $3,959,599 |
Well Resource Center Pella, IA | $3,360,975 | $3,363,505 |
Midwest Veterans Biomedical Research Foundation Kansas City, MO | $3,199,382 | $2,142,096 |
Association Of Records Managers & Administrators Lees Summit, MO | $1,165,887 | $1,993,906 |
National Headache Foundation Chicago, IL | $2,418,040 | $1,328,229 |