Eric P Newman Numismatic Education Society
- Assets
- $1.1m
- Revenue
- $130.0k
- Investments
- $854.3k
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 04/1960
- Data as of
- 11/2023
- EIN
- 43-6048614
Organization Overview
Eric P Newman Numismatic Education Society is located in St Louis, MO. The organization was established in 1960. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eric P Newman Numismatic Education Society 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 11/2023, Eric P Newman Numismatic Education Society generated $130.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.9%) each year. All expenses for the organization totaled $433.9k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Eric P Newman Numismatic Education Society has awarded 56 individual grants totaling $15,002,252. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP AND MAINTAIN A DIGITAL ENCYCLOPEDIA AND LIBRARY OF NUMISMATIC MATERIAL AND AN ELECTRONIC PORTAL TO PROVIDE ACCESS TO THESE ITEMS.
PRESENTATION AND DISTRIBUTION OF NUMISMATIC KNOWLEDGE AND INFORMATION THROUGH SYMPOSIUMS
HELPING OTHERS DO RESEARCH, STUDY AND PUBLISH ON NUMISMATICS AS WELL AS FURNISHING INFORMATION ON NUMISMATICS TO THOSE REQUESTING IT.
RESEARCH AND WRITING BOOKS AND ARTICLES ON THE SUBJECT OF NUMISMATICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew E Newman Director | 4 | $0 | |
Linda N Schapiro Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,054 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $91,874 |
| Capital Gain Net Income | $90,806 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $129,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,219 |
| Depreciation | $0 |
| Occupancy | $5,061 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $78,788 |
| Total operating and administrative expenses | $103,899 |
| Contributions, gifts, grants paid | $330,000 |
| Total expenses and disbursements | $433,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,866 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $930 |
| Prepaid expenses and deferred charges | $4,200 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $854,310 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $61,064 |
| Total assets | $1,059,370 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Eric P Newman Numismatic Education Society has awarded $330,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN NUMISMATIC SOCIETY PURPOSE: ANNUAL CONTRIBUTION | $10,000 |
WASHINGTON UNIVERSITY PURPOSE: ANNUAL CONTRIBUTION | $320,000 |