Belknap Mill Society Inc
- Assets
- $1.7m
- Revenue
- $406.7k
- Investments
- $0.0
- Employees
- 9
- Location
- Laconia, NH
- Founding
- 02/1971
- Data as of
- 12/2023
- EIN
- 23-7078453
Organization Overview
Belknap Mill Society Inc is located in Laconia, NH. The organization was established in 1971. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Belknap Mill Society Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belknap Mill Society 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 12/2023, Belknap Mill Society Inc generated $406.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $423.8k during the year ending 12/2023. While expenses have increased by 13.8% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE THE BELKNAP MILL AS THE LAKES REGION'S UNIQUE HISTORIC GATHERING PLACE AND A CENTER FOR AWARD-WINNING CULTURAL AND EDUCATIONAL PROGRAMS. THE BELKNAP MILL IS THE OLDEST UNALTERED BRICK TEXTILE MILL IN THE U.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDRENS EDUCATION PROGRAMS, EXHIBITS, DEMONSTRATIONS, PERFORMING ARTS PROGRAMS, LECTURES, FILMS AND OUTREACH WERE SPONSORED BY THE MILL THIS YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Karagianis Vice-Chair | Officer | 2 | $0 |
Shawna Bentley Secretary | Officer | 2 | $0 |
Steven Geer Treasurer | Officer | 2 | $0 |
Andrew Hosmer Director | Trustee | 1 | $0 |
Laura Lemien Chair | Officer | 4 | $0 |
Dirk Nadon Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,175 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,809 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,234 |
| Total Program Service Revenue | $144,138 |
| Investment income | $2,050 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,622 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $100,540 |
| Net Income from Sales of Inventory | $1,134 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $406,718 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $188,941 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,773 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,285 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $388 |
| Office expenses | $10,912 |
| Information technology | $8,657 |
| Royalties | $0 |
| Occupancy | $20,706 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,145 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,826 |
| Insurance | $6,388 |
| All other expenses | $1,140 |
| Total functional expenses | $423,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,871 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,425,695 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,278 |
| Total assets | $1,661,844 |
| Accounts payable and accrued expenses | $7,101 |
| Grants payable | $0 |
| Deferred revenue | $2,400 |
| 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 | $256,097 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,300 |
| Total liabilities | $267,898 |
| Net assets without donor restrictions | $1,393,946 |
| Net assets with donor restrictions | $0 |
| 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 | $1,661,844 |