New England Independent Booksellers
- Assets
- $897.9k
- Revenue
- $312.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Boston, MA
- Founding
- 12/1978
- Data as of
- 06/2022
- EIN
- 04-2653369
Organization Overview
New England Independent Booksellers is located in Boston, MA. The organization was established in 1978. 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 06/2022, New England Independent Booksellers employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Independent Booksellers 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 06/2022, New England Independent Booksellers generated $312.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $283.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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 MISSION OF THE NEW ENGLAND INDEPENDENT BOOKSELLERS ASSOCIATION IS TO FURTHER THE SUCCESS OF PROFESSIONAL INDEPENDENT BOOKSELLERS IN NEW ENGLAND AND TO FOSTER A VITAL AND SUPPORTIVE BOOKSELLING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE AND TRADE SHOW - AS ONE OF THE ORGANIZATION'S SUBSTANTIAL ACTIVITIES, THIS EVENT GATHERS BOOKSELLERS, AUTHORS, PUBLISHERS, DISTRIBUTORS, AND INDUSTRY VENDORS, MEMBERS AND NON-MEMBERS ALIKE, TO PROMOTE THE TRADE AND PRODUCTS. FURTHERMORE, IT EDUCATES PEOPLE ABOUT NEW PRODUCTS, SERVICES, TECHNIQUES, AND DEVELOPMENTS IN THE TRADE. IT IS ALSO THE SITE OF THE ASSOCIATION'S ANNUAL MEETING. THIS YEAR'S CONFERENCE WAS HELD VIRTUALLY AND 83 STORES WERE REPRESENTED.
EDUCATIONAL SEMINARS - PROGRAMS TO HELP BOOKSELLERS, MEMBERS, AND NON-MEMBERS, GENERATE MORE INTEREST AND KNOWLEDGE IN THE TRADE AND THE PRODUCTS/BOOKS THEY SELL. TWENTY INFORMAL GATHERINGS WERE CONVENED BY THE ASSOCIATION WHERE MEMBERS IN VARIOUS GEOGRAPHIC AREAS IN NEW ENGLAND DISCUSS BUSINESS TOPICS OF GENERAL INTEREST, SHARE IDEAS AND WORK ON RESOLVING COMMON PROBLEMS AND ISSUES.
ANNUAL CATALOGUE - A PROMOTIONAL CATALOGUE PROGRAM TO HELP FOSTER INTEREST IN READING AND THE SALE OF BOOKS. APPROXIMATELY 675,000 COPIES WERE CIRCULATED TO BOOKSTORES AND READERS AROUND NEW ENGLAND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Ineson Exec. Director | Officer | 40 | $84,385 |
Mehan Hayden Treas./clerk | Officer | 2 | $0 |
Emily Russo V.P. | Officer | 2 | $0 |
Beth Wagner Pres. | Officer | 5 | $0 |
Ben White Dir. | Trustee | 2 | $0 |
Casey Gerkin Dir. | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $47,455 |
| 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 | $47,455 |
| Total Program Service Revenue | $246,139 |
| Investment income | $19,257 |
| 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 | $312,851 |
| 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. | $84,385 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,780 |
| Pension plan accruals and contributions | $4,205 |
| Other employee benefits | $6,499 |
| Payroll taxes | $10,846 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,188 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,838 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $42,568 |
| Total functional expenses | $283,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,555 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $6,838 |
| Net Land, buildings, and equipment | $902 |
| Investments—publicly traded securities | $775,575 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $897,870 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $897,870 |
| 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 | $897,870 |
Endowment Analysis
| Beg. Balance | $801,848 |
| Earnings | -$26,273 |
| Ending Balance | $775,575 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Look Media Works Inc New York, NY | $8,923,263 | $13,712,748 |
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 |