Masterworks Inc
- Assets
- $36.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Gardner, NJ
- Founding
- 05/1995
- Data as of
- 12/2021
- EIN
- 23-2626603
Organization Overview
Masterworks Inc is located in Glen Gardner, NJ. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masterworks 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 12/2021, Masterworks Inc generated $52.8k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $62.1k during the year ending 12/2021. 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
LEADERSHIP ACADEMY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Majorie L Rand Treasurer | 1 | $0 | |
John Nerger Board Member | 1 | $0 | |
David E Schroeder President | 30 | $0 | |
Brian T Schroeder Chairman | 1 | $0 | |
Cynthia Weaver Board Member | 10 | $0 | |
Dan Reeve Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,338 |
| Total Program Service Revenue | $3,470 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,808 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,080 |
| Total expenses | $62,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,366 |
| Other assets | $0 |
| Total assets | $36,366 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,366 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Masterworks Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Anderson Foundation Inc Bernardsville, NJ PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carl Fenichel Community Services Inc Brooklyn, NY | $12,251,363 | $5,691,898 |
Enterprise Center Capital Corporation Philadelphia, PA | $134,514,899 | $23,652,312 |
New Square Community Improvement Council Inc New Square, NY | $7,666,025 | $8,815,852 |
Kings Bay Ym-Ywha Inc Brooklyn, NY | $12,626,720 | $11,475,108 |
Trinity Hall Tinton Falls, NJ | $25,041,854 | $11,664,482 |
Lincoln Financial Foundation Inc Radnor, PA | $4,895,429 | $8,366,668 |
Hospice-Vnsw Wphc Inc White Plains, NY | $7,508,393 | $8,068,324 |
Girl Scouts Of Northern New Jersey Inc Riverdale, NJ | $19,182,901 | $9,766,793 |
The Armory Foundation New York, NY | $10,796,175 | $8,230,990 |
The Pierre And Tana Matisse Foundation New York, NY | $201,513,951 | $12,995,130 |
Young Mens Christian Association Of Olean Ny And Bradford Pa Olean, NY | $15,431,743 | $7,834,907 |
The Sea Gate Association Brooklyn, NY | $31,154,598 | $12,359,100 |