Textile Bag & Packaging Association is located in Milton, MA. The organization was established in 1970. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Textile Bag & Packaging Association 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 12/2021, Textile Bag & Packaging Association generated $62.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $68.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FALL MEETING AND NETWORKING EVENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Cook Executive Secretary | 28 | $39,000 | |
Edward Langston President | 1 | $0 | |
Doug Smith Vice-President | 1 | $0 | |
Michelle Diaz Director | 1 | $0 | |
Darin Justus Director | 1 | $0 | |
Jose Garcia Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $16,875 |
Total Program Service Revenue | $11,781 |
Membership dues | $33,890 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $62,551 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $39,000 |
Professional fees and other payments to independent contractors | $4,322 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $24,674 |
Total expenses | $67,996 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,479 |
Other assets | $0 |
Total assets | $27,229 |
Total liabilities | $0 |
Net assets or fund balances | $27,229 |
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