International Masonry Institute
- Assets
- $25.7m
- Revenue
- $19.3m
- Investments
- $0.0
- Employees
- 124
- Location
- Bowie, MD
- Founding
- 07/1982
- Data as of
- 12/2021
- EIN
- 52-0907999
Organization Overview
International Masonry Institute is located in Bowie, MD. The organization was established in 1982. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, International Masonry Institute employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Masonry Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, International Masonry Institute generated $19.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $17.5m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LABOR/ MANAGEMENT TRUST FUND
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKET PROMOTION - THE INSTITUTE HIGHLIGHTS THE SKILLS OF CRAFTWORKERS AT TRADE SHOWS AND EXHIBITS ACROSS THE COUNTRY. THE INSTITUTE TRIES TO ENSURE THAT DEVELOPERS ACROSS THE COUNTRY ARE AWARE OF THE IMPORTANCE OF THE MASONRY TRADE.
FEDERAL GRANTS - THE INSTITUTE HAS A CONTRACT WITH THE US DEPARTMENT OF LABOR TO PROVIDE JOB CORPS TRAINING IN MASONRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caryn Halifax President | Officer | 40 | $281,132 |
Roy Ingraffia National Director | Officer | 40 | $235,948 |
Chris Morse Chief Of Staff | Officer | 40 | $226,951 |
Alan Feltoon Director Market Development | Officer | 40 | $178,739 |
Sunup Mathew Director Market Development | 40 | $173,371 | |
Brian Trimble Director Market Development | 40 | $172,251 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Masonry Institute Of St Louis Marketing Consultant | 12/30/21 | $183,926 |
Kinateder Consulting Llc Consultant | 12/30/21 | $132,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,221,975 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $33,033 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,254,775 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,679,490 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,562,568 |
| Pension plan accruals and contributions | $2,686,029 |
| Other employee benefits | $2,183,985 |
| Payroll taxes | $498,150 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $739 |
| Fees for services: Accounting | $1,240,124 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,218 |
| Office expenses | $908,183 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $341,013 |
| Travel | $131,232 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,919 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,597 |
| Insurance | $138,890 |
| All other expenses | -$50,129 |
| Total functional expenses | $17,509,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,456,194 |
| Savings and temporary cash investments | $5,138,660 |
| Pledges and grants receivable | $146,262 |
| Accounts receivable, net | $74,054 |
| 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 | $150,178 |
| Net Land, buildings, and equipment | $1,685,159 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,542 |
| Total assets | $25,662,049 |
| Accounts payable and accrued expenses | $1,976,965 |
| Grants payable | $0 |
| Deferred revenue | $109,939 |
| 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 | $411,908 |
| Total liabilities | $2,498,812 |
| Net assets without donor restrictions | $23,163,237 |
| Net assets with donor restrictions | $0 |
| 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 | $25,662,049 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Masonry Institute has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
International Union Of Bricklayers And Allied Craftworkers Elmhurst, IL PURPOSE: CONTRIBUTION | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Certified Financial Planner Board Of Standards Inc Washington, DC | $72,477,411 | $49,028,168 |
Guaranty Association Benefits Company Washington, DC | $1,687,230,547 | $54,247,522 |
American Trucking Associations Inc Washington, DC | $115,646,374 | $45,819,466 |
Entertainment Software Association Washington, DC | $37,670,266 | $39,894,859 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Business Aviation Association Inc Washington, DC | $41,505,986 | $35,013,449 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
Corporation For Travel Promotion Washington, DC | $155,155,340 | $50,300,586 |
Alliance For Automotive Innovation Washington, DC | $16,322,930 | $27,313,596 |
Air-Conditioning Heating And Refrigeration Institute Arlington, VA | $58,066,234 | $32,390,159 |