The Family Firm Institute Inc

Organization Overview

The Family Firm Institute Inc is located in Boston, MA. The organization was established in 1985. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Firm Institute 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 12/2022, Family Firm Institute Inc generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE DESCRIPTION ON PAGE 2, PART III

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION ALSO DISSEMINATES PROFESSIONAL PUBLICATIONS, MEMBER DIRECTORIES, NEWSLETTERS, AND OTHER PRINTED MATERIALS RELATING TO FAMILY BUSINESSES TO THE MEMBERS.


ANNUAL CONFERENCES ARE CONDUCTED TO STIMULATE ACADEMIC RESEARCH IN THE FIELD OF FAMILY BUSINESS AND PROVIDE EDUCATIONAL OPPORTUNITIES TO MEMBERS. THERE ARE ALSO ONLINE COURSES THAT HAVE BEEN DEVELOPED TO EXTEND ADDITIONAL EDUCATIONAL SERVICES TO MEMBERS WORLDWIDE.


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Board, Officers & Key Employees

Name (title)Compensation
Judy L Green
President
$0
Debbie Bing
Chair
$0
Carlo Salvato
Vice Chair
$0
Sandra Mcneely
Treasurer
$0
Kenneth Mccracken
Secretary
$0
Jeff Cobb
Director
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,488,795
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,488,795

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