Handshouse Studio Inc
- Assets
- $92.2k
- Revenue
- $61.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Norwell, MA
- Founding
- 02/2004
- Data as of
- 06/2022
- EIN
- 04-3715575
Organization Overview
Handshouse Studio Inc is located in Norwell, MA. The organization was established in 2004. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Handshouse Studio 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, Handshouse Studio Inc generated $61.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $135.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 6 years. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOTRE DAME PROJECT- A HANDS-ON PROJECT TO RECONSTRUCT HAND-HEWN WOODEN TRUSSES MODELED AFTER THOSE THAT ONCE SUPPORTED THE ROOF OF THE NOTRE DAME DE PARIS CATHEDRAL.
SYNAGOGUE PROJECT - BUILDING A DIGITAL ARCHIVE/VIRTUAL TOUR OF THE GWOZDZIEC SYNAGOGUGE PROJECT, TO MAKE THE PROJECT RESEARCH ACCESSIBLE TO THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Brown Executive Di | 35 | $35,000 | |
Robert Duarte Board Member | 4 | $0 | |
Rick Brown Director/pre | 35 | $0 | |
Laura Brown Director/tre | 35 | $0 | |
Joel C Mccarty Board Member | 1 | $0 | |
Adriana Katzew Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $56,072 |
| 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 | -$219 |
| Other Income | $5,129 |
| Total Revenue | $60,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,395 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $1,211 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,029 |
| Printing and publications | $0 |
| Other expenses | $91,982 |
| Total operating and administrative expenses | $135,136 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $135,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,040 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $5,140 |
| Other assets | $0 |
| Total assets | $92,180 |
| 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 Handshouse Studio Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
The Catholic Foundation Of North Georgia Inc Atlanta, GA PURPOSE: Donor Advised Funds | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peabody Essex Museum Inc Salem, MA | $834,878,169 | $57,993,478 |
The Corning Museum Of Glass Corning, NY | $73,662,076 | $31,481,253 |
Intrepid Museum Foundation Inc New York, NY | $107,274,514 | $23,304,017 |
Jewish Museum New York, NY | $170,221,432 | $22,874,963 |
Mystic Seaport Museum Inc Mystic, CT | $122,267,932 | $26,794,983 |
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
The Studio Museum In Harlem New York, NY | $153,708,532 | $40,471,884 |
The Maritime Aquarium At Norwalk Inc South Norwalk, CT | $19,089,489 | $11,308,442 |
George Eastman Museum Rochester, NY | $59,825,841 | $12,306,953 |
Naismith Memorial Basketball Hall Of Fame Inc 1150 West Columbus Ave Springfield, MA | $33,159,743 | $5,379,532 |