Massachusetts Foundation For Humanities & Public Policy Inc
- Assets
- $6.8m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 11
- Location
- Northampton, MA
- Founding
- 03/1984
- Data as of
- 10/2023
- EIN
- 22-2504778
Organization Overview
Massachusetts Foundation For Humanities & Public Policy Inc is located in Northampton, MA. The organization was established in 1984. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2023, Massachusetts Foundation For Humanities & Public Policy Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Foundation For Humanities & Public Policy 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 10/2023, Massachusetts Foundation For Humanities & Public Policy Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $4.2m during the year ending 10/2023. While expenses have increased by 11.9% 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.
Since 2016, Massachusetts Foundation For Humanities & Public Policy Inc has awarded 474 individual grants totaling $6,721,947. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE CREATE OPPORTUNITIES FOR THE PEOPLE OF MASSACHUSETTS TO TRANSFORM THEIR LIVES AND BUILD A MORE EQUITABLE COMMONWEALTH THROUGH THE HUMANITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGRANTS AND ALLOCATIONS FOR THE ADVANCEMENT OF HUMANITIES PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yves Salomon-Fernandez Chair | OfficerTrustee | 1 | $0 |
Marita Rivero Vice Chair | OfficerTrustee | 1 | $0 |
Lennie Alickman Treasurer | OfficerTrustee | 1 | $0 |
Erin Williams Secretary | OfficerTrustee | 1 | $0 |
Paul D Bosco Director | Trustee | 1 | $0 |
Rajini Srikanth Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,181,030 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,073,093 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,254,123 |
| Total Program Service Revenue | $0 |
| Investment income | $92,245 |
| 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 | $4,346,368 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,207,291 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,101,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $608,660 |
| Advertising and promotion | $0 |
| Office expenses | $11,051 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,464 |
| Travel | $113,291 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,244,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,101,459 |
| Savings and temporary cash investments | $540,975 |
| Pledges and grants receivable | $29,634 |
| Accounts receivable, net | $0 |
| 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 | $5,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,078,550 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,755,618 |
| Accounts payable and accrued expenses | $327,760 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,145,285 |
| Total liabilities | $1,473,045 |
| Net assets without donor restrictions | $2,018,618 |
| Net assets with donor restrictions | $3,263,955 |
| 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 | $6,755,618 |
Grants Awarded
Over the last fiscal year, Massachusetts Foundation For Humanities & Public Policy Inc has awarded $2,181,633 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
DO-IT-YOURSELF (DIY) LOWELL PURPOSE: HUMANITIES | $40,000 |
THE ARMENIANS OF WHITINSVILLE PURPOSE: HUMANITIES | $40,000 |
BERKSHIRE PRIDE PURPOSE: HUMANITIES | $40,000 |
LOCAL ACCESS TO VALLEY ARTS (THE LAVA CENTER) PURPOSE: HUMANITIES | $40,000 |
BRISTOL BLACK COLLECTIVE PURPOSE: HUMANITIES | $40,000 |
ROXBURY CULTURAL DISTRICT INC PURPOSE: HUMANITIES | $40,000 |