Riverfront Mummers New Years Association
- Assets
- $242.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 07/1998
- Data as of
- 03/2024
- EIN
- 23-2963061
Organization Overview
Riverfront Mummers New Years Association is located in Philadelphia, PA. The organization was established in 1998. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverfront Mummers New Years Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2024, Riverfront Mummers New Years Association generated $80.2k 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 (17.4%) each year. All expenses for the organization totaled $83.0k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
PARTICIPATE IN PHILADELPHIA MUMMERS PARADE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mcnulty III President | 8 | $0 | |
John Perez Steward | 4 | $0 | |
Jim Josaphouitch Sergeant At Arms | 4 | $0 | |
Stanley Visack Captain | 8 | $0 | |
Michael Mcnulty Treasurer | 8 | $0 | |
Jim Lawless Recording Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,377 |
| Total Program Service Revenue | $43,801 |
| Membership dues | $19,339 |
| Investment income | $800 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22 |
| Total Revenue | $80,193 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $44,985 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $26,247 |
| Printing, publications, postage, and shipping | $25 |
| Other expenses | $8,988 |
| Total expenses | $82,969 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,357 |
| Other assets | $0 |
| Total assets | $242,357 |
| Total liabilities | $55,378 |
| Net assets or fund balances | $186,979 |