Mary Ferrell Foundation Inc
- Assets
- $1.6m
- Revenue
- $26.1k
- Investments
- $1.4m
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 04-3565424
Organization Overview
Mary Ferrell Foundation Inc is located in Ipswich, MA. The organization was established in 2004. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Mary Ferrell 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 12/2021, Mary Ferrell Foundation Inc generated $26.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $33.4k during the year ending 12/2021. While expenses have increased by 12.1% per year over the past 6 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DEVELOPED AND MAINTAINS A WEBSITE THAT PROVIDES ACCESS TO RESEARCH MATERIALS RELATED TO THE ASSASSINATIONS OF JOHN KENNEDY, ROBERT KENNEDY & MARTIN LUTHER KING. IT OFFERS SUBSCRIPTIONS AND SALES OF DONATED WORKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rex Bradford Treasurer | 1 | $0 | |
Larry Hancock Director | 1 | $0 | |
Jefferson Morley Director/vp | 1 | $0 | |
William Simpich Director/asst Secretary | 1 | $0 | |
Debra Conway Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $195 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $3,214 |
| Other Income | $22,661 |
| Total Revenue | $26,070 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $11,605 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $938 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,010 |
| Printing and publications | $0 |
| Other expenses | $13,530 |
| Total operating and administrative expenses | $33,418 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $33,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,158 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $165,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,366,450 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,551,608 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mary Ferrell Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Lost And Foundation Inc Brookline, MA PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Philos Project Inc New York, NY | $1,194,685 | $1,246,393 |
Adirondack Historical Association Blue Mountain Lake, NY | $85,481,091 | $8,305,125 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
Iyrs School Of Technology & Trades Newport, RI | $24,395,751 | $5,182,625 |
The Arthur Page Society New York, NY | $4,651,652 | $4,039,971 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |