National Basketry Organization Inc
- Assets
- $167.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Gloucester, MA
- Founding
- 12/2000
- Data as of
- 12/2021
- EIN
- 39-2001901
Organization Overview
National Basketry Organization Inc is located in Gloucester, MA. The organization was established in 2000. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, National Basketry Organization Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Basketry Organization 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 12/2021, National Basketry Organization Inc generated $105.4k 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 (8.4%) each year. All expenses for the organization totaled $94.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
BASKETRY ART PROMOTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Sherfield Board Member | 3 | $0 | |
Ann Coddington Secretary | 1 | $0 | |
Leon Niehues Board Member | 3 | $0 | |
Pat Hickman Board Member | 1 | $0 | |
Lanny Bergner Board Member | 1 | $0 | |
Nick Deford Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,724 |
| Total Program Service Revenue | $9,651 |
| Membership dues | $45,597 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,685 |
| Total Revenue | $105,354 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,104 |
| Professional fees and other payments to independent contractors | $23,380 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,316 |
| Other expenses | $7,232 |
| Total expenses | $94,032 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,459 |
| Other assets | $0 |
| Total assets | $166,992 |
| Total liabilities | $9,615 |
| Net assets or fund balances | $157,377 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Basketry Organization Inc has recieved totaling $8,400.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
All Stars Project Inc New York, NY | $22,721,562 | $11,310,796 |
The Hyams Foundation Inc Boston, MA | $163,844,341 | $20,347,329 |
Neighborhood Trust Financial Partners Inc New York, NY | $10,875,094 | $7,150,796 |
African Services Committee Inc New York, NY | $2,169,110 | $5,702,295 |
Urban Arts Partnership New York, NY | $4,790,105 | $5,921,037 |
Artpark & Company Inc Lewiston, NY | $3,327,523 | $5,321,157 |
Education Through Music Inc New York, NY | $3,082,173 | $4,504,496 |
Ridgefield Playhouse For Movies And The Performing Arts Inc Ridgefield, CT | $15,840,106 | $10,052,125 |
City Access New York Staten Island, NY | $3,686,366 | $4,897,308 |
Partnership Inc Boston, MA | $5,653,072 | $4,577,511 |
Multicultural Aids Coalition Inc Roxbury, MA | $1,116,469 | $3,034,089 |
Instituto Cervantes Usa Inc New York, NY | $12,513,057 | $1,591,640 |