Alexander And Mabel Bell Legacy Foundation Inc
- Assets
- $385.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chestertown, MD
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 47-1030298
Organization Overview
Alexander And Mabel Bell Legacy Foundation Inc is located in Chestertown, MD. The organization was established in 2016. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Alexander And Mabel Bell Legacy 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 12/2022, Alexander And Mabel Bell Legacy Foundation Inc generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (41.5%) each year. All expenses for the organization totaled $79.8k during the year ending 12/2022. 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
EDUCATE THE PUBLIC ABOUT THE BELLS' CONTRIBUTIONS AND ACHIEVEMENTS.MONITOR AND VET USAGE OF THE BELL NAME AND IMAGE TO ARRANGE LICENSINGOPPORTUNTIES EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorin Kobashigawa Chair | 0.25 | $0 | |
Graham Sullivan Vice Chair | 0.17 | $0 | |
Sara Grosvenor President | 20 | $0 | |
Jennifer Ogden Secretary | 0.25 | $0 | |
Julie Kearney Treasurer | 1.5 | $0 | |
Pam Brown Director | 0.17 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,148 |
| 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 | $28,930 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,417 |
| Total expenses | $79,799 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $262,968 |
| Other assets | $0 |
| Total assets | $385,218 |
| Total liabilities | $5,596 |
| Net assets or fund balances | $379,622 |