Bulgarian-Macedonian National Educational And Cultural Centr Inc
- Assets
- $1.1m
- Revenue
- $154.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Homestead, PA
- Founding
- 02/1996
- Data as of
- 12/2022
- EIN
- 25-1775987
Organization Overview
Bulgarian-Macedonian National Educational And Cultural Centr Inc is located in Homestead, PA. The organization was established in 1996. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Bulgarian-Macedonian National Educational And Cultural Centr 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, Bulgarian-Macedonian National Educational And Cultural Centr Inc generated $154.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $80.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE, PRESENT AND PERPETUATE THE CUSTOMS AND TRADITIONS OF THE BULGARIAN AND MACEDONIAN PEOPLE.
Describe the Organization's Program Activity:
PRESERVE BULGARIAN AND MACEDONIAN CULTURE AND HERITAGE IN PITTSBURGH AND BEYOND WITH EVENTS AND THE ESTABLISHMENT OF A MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Polina Hristozova Director | Trustee | 1 | $0 |
George Schexnayder Director | Trustee | 1 | $0 |
Antonia Georgieva Director | Trustee | 1 | $0 |
Linda Dimitroff Director | Trustee | 3 | $0 |
Marin Tomov Director | Trustee | 6 | $0 |
Diane Markoff Lesko Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,730 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,658 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,573 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,961 |
| Total Program Service Revenue | $17,409 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,015 |
| Net Gain/Loss on Asset Sales | $6,862 |
| Net Income from Fundraising Events | $8,292 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $154,539 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,921 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,027 |
| Advertising and promotion | $0 |
| Office expenses | $567 |
| Information technology | $160 |
| Royalties | $0 |
| Occupancy | $20,237 |
| Travel | $998 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,687 |
| Insurance | $5,174 |
| All other expenses | $0 |
| Total functional expenses | $80,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,905 |
| 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 | $243 |
| Prepaid expenses and deferred charges | $1,792 |
| Net Land, buildings, and equipment | $498,407 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $445,873 |
| Total assets | $1,082,220 |
| Accounts payable and accrued expenses | $3,226 |
| 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 | $3,226 |
| Net assets without donor restrictions | $1,051,506 |
| Net assets with donor restrictions | $27,488 |
| 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 | $1,082,220 |