Bulgarian-Macedonian National Educational And Cultural Centr Inc
- Assets
- $1.0m
- Revenue
- $95.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Homestead, PA
- Founding
- 02/1996
- Data as of
- 12/2021
- 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 12/2021, Bulgarian-Macedonian National Educational And Cultural Centr Inc generated $95.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $59.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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
2021
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 |
|---|---|---|---|
Edward Markoff President | OfficerTrustee | 10 | $0 |
Kathy Maron-Wood Vice President Memberships | OfficerTrustee | 1 | $0 |
Hayley Markoff Hinkle Secretary | OfficerTrustee | 1 | $0 |
Nikolay Nedev Vice President | OfficerTrustee | 4 | $0 |
Antonia Mirtcheva Treasurer | OfficerTrustee | 3 | $0 |
Polina Hristozova Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,530 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,287 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,073 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,890 |
| Total Program Service Revenue | $3,142 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,205 |
| Net Gain/Loss on Asset Sales | $5,562 |
| Net Income from Fundraising Events | $8,343 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $95,142 |
| 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 | $4,024 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,889 |
| Advertising and promotion | $0 |
| Office expenses | $292 |
| Information technology | $647 |
| Royalties | $0 |
| Occupancy | $16,122 |
| Travel | $0 |
| 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 | $10,162 |
| Insurance | $5,401 |
| All other expenses | $0 |
| Total functional expenses | $59,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,752 |
| 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 | $1,543 |
| Net Land, buildings, and equipment | $478,147 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $445,873 |
| Total assets | $1,005,558 |
| Accounts payable and accrued expenses | $809 |
| 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 | $809 |
| Net assets without donor restrictions | $988,178 |
| Net assets with donor restrictions | $16,571 |
| 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 | $1,005,558 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bulgarian-Macedonian National Educational And Cultural Centr Inc has recieved totaling $8,500.
| Awarding Organization | Amount |
|---|---|
Pittsburgh Foundation Pittsburgh, PA PURPOSE: ARTS, CULTURE AND HUMANITIES | $8,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Eastman Museum Rochester, NY | $59,825,841 | $12,306,953 |
Weitzman National Museum Of American Jewish History Philadelphia, PA | $28,897,470 | -$14,023,866 |
National Museum Of Mathematics New York, NY | $42,218,242 | $9,885,068 |
Chesapeake Bay Maritime Museum Inc Saint Michaels, MD | $39,670,845 | $11,802,090 |
Independence Seaport Museum Philadelphia, PA | $22,539,825 | $3,083,203 |
Amigos Del Museo Del Barrio New York, NY | $18,789,462 | $15,193,674 |
American Museum Of The Moving Image Astoria, NY | $5,870,489 | $5,453,055 |
Rockwell Museum Corning, NY | $8,339,616 | $5,240,521 |
Museum Of Chinese In The America New York, NY | $11,986,346 | $14,599,749 |
American Folk Art Museum New York, NY | $12,095,077 | $3,818,559 |
Seaport Museum New York New York, NY | $25,331,264 | $3,990,883 |
American Kennel Club Museum Of The Dog New York, NY | $19,543,798 | $3,681,348 |