Colonial Figure Skating Club Inc

Organization Overview

Colonial Figure Skating Club Inc is located in West Acton, MA. The organization was established in 2005. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Colonial Figure Skating Club Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colonial Figure Skating Club 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 06/2022, Colonial Figure Skating Club Inc generated $975.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENCOURAGE & FOSTER NATIONAL & INTERNATIONAL AMATEUR FIGURE SKATING COMPETITION IN COMPULSORY FIGURES, FREE SKATING, PAIR SKATING, DANCING, PRECISION & ANY OTHER TYPE OF FIGURE SKATING; TO ENCOURAGE THE INSTRUCTION, PRACTICE & ADVANCEMENT OF MEMBERS IN NATIONAL & INTERNATIONAL FIGURE SKATING COMPETITION OF ALL TYPES & KIND; TO CARRY OUT THE GENERAL POLICIES OF THE UNITED STATES FIGURE SKATING ASSOCIATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICES - WHICH INCLUDES THE COLONIALS, ASPIRE AND THEATRE ON ICE.


COMPETITIVE EVENTS - WHICH INCLUDES BAY STATE GAMES, CONLINIAL CLASSIC, COLONIAL OPEN, ADULT CHALLENGE AND ICE CRYSTALS SHOW.


FREESTYLE ICE


OTHER MISCELLANEOUS


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Flanagan
Director
$80,000
Amy Allen
Vice Preside
$320
Jill Greene
President
$0
Ketki Hatle
Director
$0
Tricia Nguyen
Treasurer
$0
Laura Marcotte
Clerk
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$51,908
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$59,112
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$111,020
Total Program Service Revenue$863,323
Investment income $1,389
Tax Exempt Bond Proceeds $0
Royalties $0
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 $975,732

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