Ancient Free & Accepted Masons Of Illinois is located in Galesburg, IL. The organization was established in 1940. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ancient Free & Accepted Masons Of Illinois is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 12/2022, Ancient Free & Accepted Masons Of Illinois generated $13.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $25.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 4 years. 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
SUPPORTED SEVERAL MASONIC AND LOCAL CHARITIES INCLUDING SCHOLARSHIPS, TEEN COURT, ACADEMIC BOWL, AND OTHER CHARITIES. SUPPORTED LOCAL YOUTH PROGRAMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Silberer Worship Mast | 0 | $0 | |
Jerry Perrine Treasurer | 0 | $0 | |
Sam Brooks Secretary | 0 | $0 | |
George Waugh III Sr Warden | 0 | $0 | |
Daniel Walton Jr Warden | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,140 |
| Total Program Service Revenue | $1,545 |
| Membership dues | $0 |
| Investment income | $6,123 |
| Gain or Loss | $406 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,407 |
| Total Revenue | $13,621 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $395 |
| Occupancy, rent, utilities, and maintenance | $11,978 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,379 |
| Total expenses | $25,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $260,953 |
| Other assets | $0 |
| Total assets | $286,683 |
| Total liabilities | $0 |
| Net assets or fund balances | $286,683 |