Lydia E Pinkham Memorial Inc is located in Salem, MA. The organization was established in 1939. 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. Lydia E Pinkham Memorial 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, Lydia E Pinkham Memorial Inc generated $120.1k 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 (18.8%) each year. All expenses for the organization totaled $127.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNTIL WE RESTAFF OUR CLINIC, OUR TEMPORARY CHARITABLE ACTIVITY HAS BEEN DONATING TO THE BEST LOCAL CHARITIES WE COULD FIND: SHRINERS HOSPITALS FOR CHILDREN & THE SALEM PANTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen N Doty President | 30 | $30,000 | |
Nancy Mackenney Clerk | 1 | $5,700 | |
Brian Burns Director/clerk | 1 | $1,850 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $70,650 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $49,444 |
Capital Gain Net Income | $49,444 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $120,094 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $37,550 |
Other employee salaries and wages | $5,280 |
Pension plans, employee benefits | $10,739 |
Interest | $0 |
Taxes | $1,737 |
Depreciation | $3,502 |
Occupancy | $15,187 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $8,316 |
Total operating and administrative expenses | $87,631 |
Contributions, gifts, grants paid | $40,000 |
Total expenses and disbursements | $127,631 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $219,120 |
Savings and temporary cash investments | $114,166 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $2,230,658 |
Net Land, buildings, and equipment | $75,188 |
Other assets | $1,091 |
Total assets | $3,145,839 |
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 | $1,328 |
Total liabilities | $1,328 |
Over the last fiscal year, Lydia E Pinkham Memorial Inc has awarded $40,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: TO FUND MEDICAL CARE TO POOR CHILDREN WITH SEVERE BURNS. | $10,000 |
THE SALEM PANTRY PURPOSE: TO HELP FUND FOOD PURCHASE AND DISTRIBUTION TO POOR FAMILIES IN SALEM MA. | $30,000 |