National Braille Press Inc
- Assets
- $10.5m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 60
- Location
- Boston, MA
- Founding
- 03/1937
- Data as of
- 03/2022
- EIN
- 04-2104740
Organization Overview
National Braille Press Inc is located in Boston, MA. The organization was established in 1937. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2022, National Braille Press Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Braille Press 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 03/2022, National Braille Press Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $4.6m during the year ending 03/2022. While expenses have increased by 2.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GUIDING PURPOSES ARE TO PROMOTE THE LITERACY OF BLIND CHILDREN THROUGH BRAILLE AND TO PROVIDE ACCESS TO INFORMATION THAT EMPOWERS BLIND PEOPLE TO ACTIVELY ENGAGE IN WORK, FAMILY, AND COMMUNITY AFFAIRS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTES LITERACY FOR YOUNG BLIND CHILDREN THROUGH THE READBOOKS PROGRAMS.
PRODUCES TESTS AND TEXTBOOKS FOR USE IN SCHOOLS SO VISUALLY IMPAIRED STUDENTS CAN HAVE THE SAME MATERIALS AS ALL OTHER STUDENTS.
PRODUCES PUBLICATIONS AND BOOKS IN BRAILLE TO BENEFIT VISUALLY IMPAIRED INDIVIDUALS WHO RELY ON THESE PUBLICATIONS TO KEEP ABREAST OF CURRENT EVENTS AND OTHER INFORMATION.
PROMOTE AWARENESS AND PROVIDE INFORMATION CONCERNING THE VISUALLY IMPAIRED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Macdonald President/ceo/clerk | Officer | 40 | $202,207 |
Karen Lewis Treasurer/cfo | Officer | 40 | $129,606 |
Joseph Quintanilla V.P. Of Development | 40 | $107,599 | |
Danny Hirce Chairperson | Trustee | 1 | $0 |
Ian Cross Vice Chairperson | Trustee | 1 | $0 |
Janet Ulwick-Sacca Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $137,166 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $917,277 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,054,443 |
| Total Program Service Revenue | $3,571,776 |
| Investment income | $136,522 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $414,179 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,176,920 |
| 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. | $202,207 |
| Compensation of current officers, directors, key employees. | $80,883 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,327,526 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $381,300 |
| Payroll taxes | $166,485 |
| Fees for services: Management | $29,645 |
| Fees for services: Legal | $637 |
| Fees for services: Accounting | $26,297 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $59,930 |
| Fees for services: Other | $0 |
| Advertising and promotion | $168,714 |
| Office expenses | $0 |
| Information technology | $221,969 |
| Royalties | $0 |
| Occupancy | $115,603 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,822 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,032 |
| Insurance | $18,912 |
| All other expenses | $55,371 |
| Total functional expenses | $4,599,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,036,294 |
| Savings and temporary cash investments | $349,439 |
| Pledges and grants receivable | $102,253 |
| Accounts receivable, net | $861,253 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $448,257 |
| Prepaid expenses and deferred charges | $86,859 |
| Net Land, buildings, and equipment | $954,122 |
| Investments—publicly traded securities | $6,703,529 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,542,006 |
| Accounts payable and accrued expenses | $265,076 |
| Grants payable | $0 |
| Deferred revenue | $7,479 |
| 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 | $0 |
| Total liabilities | $272,555 |
| Net assets without donor restrictions | $9,838,568 |
| Net assets with donor restrictions | $430,883 |
| 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 | $10,542,006 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that National Braille Press Inc has recieved totaling $37,500.
| Awarding Organization | Amount |
|---|---|
Newco Foundation Santa Rosa, CA PURPOSE: CHILDREN'S BRAILLE BOOK CLUB - YEAR 3 OF 5. | $30,000 |
St Vincent De Paul Foundation Inc Peekskill, NY PURPOSE: TO AID AND ADVANCE THE WELFARE, DEVELOPMENT AND EDUCATION OF INDIGENT, DISTRESSED OR UNDERPRIVILEGED CHILDREN. | $7,500 |
Endowment Analysis
| Beg. Balance | $6,475,154 |
| Earnings | $250,178 |
| Net Contributions | $80,000 |
| Other Expense | $181,837 |
| Ending Balance | $6,623,495 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Technology Review Inc Cambridge, MA | $6,822,000 | $19,424,000 |
Project Veritas Mamaroneck, NY | $11,883,753 | $22,034,786 |
Journal Of Bone And Joint Surgery Inc Needham, MA | $35,717,891 | $10,120,492 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
Retro Report Inc Mystic, CT | $1,128,827 | $6,590,447 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
National Braille Press Inc Boston, MA | $10,542,006 | $5,176,920 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |
Harvard Magazine Incorporated Cambridge, MA | $2,271,377 | $3,610,627 |
American Booksellers Assoc Inc White Plains, NY | $43,213,298 | $1,963,902 |
Repertoire International De Litterature Musicale Inc New York, NY | $4,304,080 | $5,123,907 |