Newton Art Association Inc
- Assets
- $70.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chestnut Hill, MA
- Founding
- 02/1987
- Data as of
- 06/2023
- 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 06/2023, Newton Art Association Inc generated $38.8k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $30.7k during the year ending 06/2023. While expenses have increased by 2.7% per year over the past 3 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Cole President | 10 | $0 | |
Memy Ish Shalom Vice President | 6 | $0 | |
Mark Chadbourne Treasurer | 5 | $0 | |
Myra Abelson Board Member | 1 | $0 | |
Beverly Droz Board Member | 3 | $0 | |
Jeanne Gugino Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,279 |
| Total Program Service Revenue | $6,370 |
| Membership dues | $8,055 |
| Investment income | $3,702 |
| Gain or Loss | $390 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,796 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,323 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,596 |
| Occupancy, rent, utilities, and maintenance | $100 |
| Printing, publications, postage, and shipping | $2,375 |
| Other expenses | $6,608 |
| Total expenses | $30,682 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,055 |
| Other assets | $0 |
| Total assets | $70,055 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,055 |