Newburyport Literary Association Inc
- Assets
- $23.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newburyport, MA
- Founding
- 12/2005
- Data as of
- 06/2022
- EIN
- 20-3642761
Organization Overview
Newburyport Literary Association Inc is located in Newburyport, MA. The organization was established in 2005. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newburyport Literary Association 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, Newburyport Literary Association Inc generated $25.8k 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 (12.8%) each year. All expenses for the organization totaled $28.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.8%) 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S GOAL IS TO ENCOURAGE THE READING AND EXAMINATIONOF LITERARY FICTION AND NON-FICTION. THE PRIMARY EVENT IS AN ANNUAL LITERARY FESTIVAL TO ENCOURAGE READING AND LITERACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Hendrickson President | 2 | $0 | |
Steve Deguglielmo Treasurer | 2 | $0 | |
Grace Connolly Clerk | 2 | $0 | |
John Pramberg Director | 1 | $0 | |
Frank Cousins Director | 1 | $0 | |
Dottie Lafrance Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,797 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,816 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,803 |
| Other expenses | $24,764 |
| Total expenses | $28,267 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,230 |
| Other assets | $0 |
| Total assets | $23,711 |
| Total liabilities | $29 |
| Net assets or fund balances | $23,682 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newburyport Literary Association Inc has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
Vhs Inc Maynard, MA | $2,159,485 | $7,029,751 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
More Than Words Inc Boston, MA | $15,091,779 | $6,459,719 |
West Bay Collaborative Inc Warwick, RI | $2,617,303 | $5,710,370 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Nashua Adult Learning Center Inc Nashua, NH | $5,002,850 | $5,676,963 |
Vermont Adult Learning Inc Waitsfield, VT | $1,289,780 | $4,391,996 |
Connecticut Center For Arts & Technology Inc New Haven, CT | $3,075,426 | $11,576,748 |
Read To Lead Inc New York, NY | $3,901,385 | $3,177,958 |
Foundation For Civic Leadership Inc Cambridge, MA | $2,419,879 | $3,718,020 |