Burlington Magazine Foundation Inc
- Assets
- $3.7m
- Revenue
- $103.6k
- Investments
- $3.5m
- Employees
- 0
- Location
- Founding
- 09/1986
- Data as of
- 12/2020
- EIN
- 13-3347776
Organization Overview
Burlington Magazine Foundation Inc is located in null. The organization was established in 1986. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, 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. Burlington Magazine 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 12/2020, Burlington Magazine Foundation Inc generated $103.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $150.7k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 11ONGOING PUBLICATION OF THE BURLINGTON MAGAZINE, A MONTHLY PUBLICATION CONTAINING SCHOLARLY ARTS RELATED ARTICLES. THESE ARE ACCOMPLISHED THROUGH A SUBSIDIARY THAT IS JOINTLY OWNED WITH A BRITISH FOUNDATION.
SEE STATEMENT 11THE KRESS CONSERVATION PROJECT IS A SERIES OF 18 ARTICLES ON CONSERVATION PUBLISHED OVER A PERIOD OF THREE YEARS WITH THE KRESS FOUNDATION PROVIDING SUPPORT.
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 |
|---|---|---|---|
Dylan Armbrust Through December Treasurer And Secretary | 0.4 | $0 | |
John Nicoll Chairman | 0.4 | $0 | |
Colin Bailey Director | 0.4 | $0 | |
Prof Joseph Connors Director | 0.4 | $0 | |
Lynne Cooke Director | 0.4 | $0 | |
Duncan Robinson Director | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $270 |
| Dividends & Interest | $103,308 |
| 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 | $0 |
| Other Income | $0 |
| Total Revenue | $103,578 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,037 |
| Total operating and administrative expenses | $14,032 |
| Contributions, gifts, grants paid | $136,620 |
| Total expenses and disbursements | $150,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $172,553 |
| 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 | $41,590 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $58,603 |
| Total assets | $3,724,216 |
| Accounts payable and accrued expenses | $36,921 |
| 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 | $36,921 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Arts Centre Corporation | $237,709,768 | $100,347,000 |
Royal Ontario Museum | $166,282,284 | $61,371,646 |
Royal Shakespeare | $206,454,836 | $53,293,786 |
Ontario Educational Communications Authority | $67,292,607 | $50,739,762 |
Coif Charities Investment Fund | $5,003,702,124 | $82,088,708 |
International Bureau Of Fiscal Documentation | $69,909,820 | $37,833,588 |