Metalwerx Inc
- Assets
- $515.5k
- Revenue
- $883.5k
- Investments
- $0.0
- Employees
- 17
- Location
- Waltham, MA
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 13-4261443
Organization Overview
Metalwerx Inc is located in Waltham, MA. The organization was established in 2006. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2022, Metalwerx Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metalwerx 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 12/2022, Metalwerx Inc generated $883.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $880.9k during the year ending 12/2022. While expenses have increased by 10.9% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL IN THE FIELD OF METALSMITHING, METALWORKING & JEWELRY MAKING
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION IN ARTISTIC ENDEAVORS - METALWORK JEWELERY MAKING
SCHOLARSHIPS AWARDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Lawler President | OfficerTrustee | 1 | $0 |
Holly Pope Vice President | OfficerTrustee | 1 | $0 |
Asta Muldoon Treasurer | OfficerTrustee | 1 | $0 |
Peggy Demuth Secretary | OfficerTrustee | 1 | $0 |
Ellen Carno Director | Trustee | 1 | $0 |
Melissa Clough Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,784 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,784 |
| Total Program Service Revenue | $747,843 |
| Investment income | $836 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $883,463 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,690 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,702 |
| Compensation of current officers, directors, key employees. | $18,540 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $208,349 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,162 |
| Payroll taxes | $31,483 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,376 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,019 |
| Advertising and promotion | $4,013 |
| Office expenses | $7,524 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,876 |
| Travel | $13,706 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,124 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,353 |
| Insurance | $6,509 |
| All other expenses | $19,858 |
| Total functional expenses | $880,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,587 |
| Savings and temporary cash investments | $155,214 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,263 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $402 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $124,171 |
| Other assets | $9,857 |
| Total assets | $515,494 |
| Accounts payable and accrued expenses | $89,640 |
| Grants payable | $0 |
| Deferred revenue | $64,350 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4 |
| Total liabilities | $303,994 |
| Net assets without donor restrictions | $210,050 |
| Net assets with donor restrictions | $1,450 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $515,494 |