Thomas Merton Center Inc
- Assets
- $118.7k
- Revenue
- $98.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Pittsburgh, PA
- Founding
- 02/1982
- Data as of
- 06/2024
- EIN
- 25-1232192
Organization Overview
Thomas Merton Center Inc is located in Pittsburgh, PA. The organization was established in 1982. According to its NTEE Classification (Q41) the organization is classified as: Arms Control & Peace, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2024, Thomas Merton Center Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas Merton Center 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 06/2024, Thomas Merton Center Inc generated $98.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $245.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE TMC IS A NON-SECTARIAN SOCIAL AND EDUCATIONAL INSTITUTION WHOSE ACTIVITIES PROMOTE PEACE, NON-VIOLENCE, SOCIAL JUSTICE AND RESPECT FOR HUMAN DIGNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL TMC PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Nunes Executive Director | Officer | 40 | $67,000 |
Darnika Reed Board Member | Trustee | 2 | $0 |
Peggy Ward Secretary | Trustee | 2 | $0 |
Cheryl Coleman Board Member | Trustee | 2 | $0 |
Dena Stanley Board Member | Trustee | 2 | $0 |
Jason Bolton Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,859 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,859 |
| Total Program Service Revenue | $7,750 |
| Investment income | $179 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,342 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,397 |
| 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 | $105,963 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,471 |
| Payroll taxes | $10,067 |
| 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 | $22,668 |
| Advertising and promotion | $224 |
| Office expenses | $40,280 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,248 |
| Travel | $402 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,700 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,249 |
| Insurance | $890 |
| All other expenses | $0 |
| Total functional expenses | $245,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,837 |
| 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 | $54,960 |
| Investments—publicly traded securities | $36,912 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $118,709 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $77,552 |
| Net assets with donor restrictions | $41,157 |
| 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 | $118,709 |