Avery Memorial Association
- Assets
- $239.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Groton, CT
- Founding
- 09/2008
- Data as of
- 06/2022
- EIN
- 23-7073820
Organization Overview
Avery Memorial Association is located in Groton, CT. The organization was established in 2008. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avery Memorial Association 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, Avery Memorial Association generated $46.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $19.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard A Marquardt Board Member | 5 | $0 | |
Patricia Oat Board Member | 5 | $0 | |
Gladys Chase Board Member | 10 | $0 | |
Gregory Thompson Membership Sec | 10 | $0 | |
Carol S Nelson Secretary | 1 | $0 | |
Vincent Pitts Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,581 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,020 |
| Investment income | $7,600 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,943 |
| Total Revenue | $46,518 |
| 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 | $2,195 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $284 |
| Other expenses | $17,296 |
| Total expenses | $19,775 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $239,702 |
| Other assets | $0 |
| Total assets | $239,702 |
| Total liabilities | $0 |
| Net assets or fund balances | $239,702 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Avery Memorial Association has recieved totaling $50,500.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $25,250 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $25,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Philos Project Inc New York, NY | $1,194,685 | $1,246,393 |
Adirondack Historical Association Blue Mountain Lake, NY | $85,481,091 | $8,305,125 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
Iyrs School Of Technology & Trades Newport, RI | $24,395,751 | $5,182,625 |
The Arthur Page Society New York, NY | $4,651,652 | $4,039,971 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |