Newton Art Association Inc
- Assets
- $61.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chestnut Hill, MA
- Founding
- 02/1987
- Data as of
- 06/2022
- EIN
- 04-2671354
Organization Overview
Newton Art Association Inc is located in Chestnut Hill, MA. The organization was established in 1987. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Newton Art Association 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, Newton Art Association Inc generated $36.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $36.8k during the year ending 06/2022. While expenses have increased by 12.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Cole President | 10 | $0 | |
Mark Chadbourne Treasurer | 6 | $0 | |
Myra Abelson Board Member | 1 | $0 | |
Jeanne Gugino Board Member | 1 | $0 | |
Claudia Morris Board Member | 1 | $0 | |
Memy Ish Shalom Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,543 |
| Total Program Service Revenue | $8,750 |
| Membership dues | $5,990 |
| Investment income | $0 |
| Gain or Loss | $765 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,048 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,795 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,803 |
| Occupancy, rent, utilities, and maintenance | $1,115 |
| Printing, publications, postage, and shipping | $3,077 |
| Other expenses | $5,862 |
| Total expenses | $36,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,941 |
| Other assets | $0 |
| Total assets | $61,941 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,941 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newton Art Association Inc has recieved totaling $6,600.
| Awarding Organization | Amount |
|---|---|
Edgerley Family Foundation Overland Park, KS PURPOSE: SUPPORT-GENERAL FUND | $6,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advertising Research Foundation Inc New York, NY | $7,084,927 | $8,623,968 |
The International Coalition Of Historic Ite Museums Of Conscience New York, NY | $2,572,354 | $8,768,933 |
Theatre Communications Group Inc New York, NY | $7,458,021 | $6,461,267 |
The Broadway League Inc New York, NY | $17,394,373 | $2,874,492 |
American Symphony Orchestra League New York, NY | $11,789,942 | $6,931,089 |
Video Advertising Bureau Inc New York, NY | $5,863,677 | $6,614,761 |
Opera America Inc New York, NY | $21,495,082 | $5,690,929 |
American Institute Of Graphic Arts New York, NY | $6,026,446 | $3,684,558 |
American Numismatic Society New York, NY | $59,393,840 | $7,804,427 |
College Art Association Of America Inc New York, NY | $11,184,804 | $5,238,547 |
Authors Guild Inc New York, NY | $3,070,324 | $4,065,324 |
Boston Society Of Architects Treasurers Office Boston, MA | $12,418,866 | $3,237,658 |