Salem Arts Association Inc
- Assets
- $21.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, MA
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 26-1186443
Organization Overview
Salem Arts Association Inc is located in Salem, MA. The organization was established in 2010. According to its NTEE Classification (A51) the organization is classified as: Art 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. Salem Arts Association 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, Salem Arts Association Inc generated $29.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $49.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Breslin Vice President | 1 | $0 | |
Mary Taddie Board Member | 2 | $0 | |
Heather Stewart President | 16 | $0 | |
Jane Saunders Secretary | 2 | $0 | |
Erin Jackson Bookkeeper | 4 | $0 | |
Meagan Jackson Treasurer | 16 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Julie Gougherty | 12/30/18 | $150 |
Josef Nadj | 12/30/18 | $100 |
Calamus Band | 12/30/18 | $125 |
Patricia Burson | 12/30/18 | $100 |
Molly Pinto Madigan | 12/30/18 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,466 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,470 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,936 |
| Total Revenue | $29,872 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,581 |
| Total expenses | $49,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,496 |
| Other assets | $0 |
| Total assets | $20,975 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,975 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Salem Arts Association Inc has recieved totaling $117.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $117 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doris Duke Foundation For Islamic Art New York, NY | $38,632,422 | $9,089,054 |
Storm King Art Center New Windsor, NY | $80,583,864 | $14,230,209 |
Fellowship For The Performing Arts Inc New York, NY | $15,555,732 | $10,766,818 |
Ps1 Contemporary Art Center Inc Long Island City, NY | $7,393,924 | $9,638,266 |
Isamu Noguchi Foundation And Garden Museum Long Island City, NY | $75,386,214 | $11,184,586 |
Currier Museum Of Art Manchester, NH | $107,852,000 | $12,269,054 |
Poster House Inc New York, NY | $11,000,245 | $5,591,226 |
Queens Museum Of Art New York City Building Queens, NY | $37,385,842 | $4,485,769 |
Parrish Art Museum Inc Water Mill, NY | $42,263,571 | $6,006,161 |
New Britain Museum Of American Art Inc New Britain, CT | $48,215,040 | $5,724,995 |
Norman Rockwell Museum At Stockbridge Inc Stockbridge, MA | $12,970,897 | $4,523,521 |
De Cordova And Dana Museum And Park Lincoln, MA | $16,380,697 | $4,288,131 |