Massachusetts College Of Liberal Arts Foundation Inc

Organization Overview

Massachusetts College Of Liberal Arts Foundation Inc is located in North Adams, MA. The organization was established in 1977. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts College Of Liberal Arts 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 06/2023, Massachusetts College Of Liberal Arts Foundation Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $1.9m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT EDUCATIONAL ACTIVITIES

Describe the Organization's Program Activity:

TO PROMOTE AND SUPPORT THE EDUCATIONAL AND OTHER LEGAL ACTIVITIES OF MASSACHUSETTS COLLEGE OF LIBERAL ARTS AND TO RENDER FINANCIAL AID TO STUDENTS AT MCLA THROUGH CONTRIBUTIONS FROM THE COMMUNITY, ALUMNI, AND PARENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Julie Arnold
Chair
$0
Jason Dohaney
Vice Chair
$0
Amy Smith
Clerk
$0
Robert Ziomek
President
$0
Jamieellen Moncecchi
Treasurer
$0
Michael Avis
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$21,386
Related organizations$0
Government grants $727,216
All other contributions, gifts, grants, and similar amounts not included above$2,712,781
Noncash contributions included in lines 1a–1f $58,416
Total Revenue from Contributions, Gifts, Grants & Similar$3,461,383
Total Program Service Revenue$0
Investment income $427,036
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $17,109
Net Gain/Loss on Asset Sales $239,280
Net Income from Fundraising Events $1,259
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,146,067

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