The Little Exchange Inc
- Assets
- $468.5k
- Revenue
- $261.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Dayton, OH
- Founding
- 09/2009
- Data as of
- 01/2022
- EIN
- 26-3061043
Organization Overview
The Little Exchange Inc is located in Dayton, OH. The organization was established in 2009. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 01/2022, Little Exchange Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Exchange 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 01/2022, Little Exchange Inc generated $261.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $180.0k during the year ending 01/2022. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A GIFT SHOP TO RAISE FUNDS FOR DAYTON CHILDREN'S HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOLUNTEERS OPERATE A GIFT SHOP TO RAISE FUNDS FOR DAYTON CHILDREN'S HOSPITAL LOCATED IN DAYTON, OHIO. 82 VOLUNTEERS DONATED OVER 10,000 HOURS OF THEIR TIME TO ASSIST WITH THE GIFT SHOP OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Willenbrink Merchandise Office Manager | Officer | 40 | $44,619 |
Cathy Brown President | OfficerTrustee | 5 | $0 |
Michele Morrison Vice President | OfficerTrustee | 5 | $0 |
Sue Baker Secretary | OfficerTrustee | 5 | $0 |
Joan Wysong Treasurer | OfficerTrustee | 5 | $0 |
Linda Weller Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,670 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,351 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,021 |
| Total Program Service Revenue | $0 |
| Investment income | $69 |
| 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 | $192,144 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,234 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| 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. | $44,619 |
| Compensation of current officers, directors, key employees. | $4,462 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,211 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,443 |
| Office expenses | $1,330 |
| Information technology | $12,045 |
| Royalties | $0 |
| Occupancy | $29,114 |
| Travel | $9,087 |
| 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 | $11,256 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $180,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,975 |
| Savings and temporary cash investments | $114,809 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,140 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $83,955 |
| Prepaid expenses and deferred charges | $2,120 |
| Net Land, buildings, and equipment | $35,455 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $468,454 |
| Accounts payable and accrued expenses | $70,556 |
| 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 | $70,556 |
| Net assets without donor restrictions | $397,898 |
| Net assets with donor restrictions | $0 |
| 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 | $468,454 |
Grants Awarded
Over the last fiscal year, The Little Exchange Inc has awarded $21,410 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Dayton, OH PURPOSE: SUPPORT OF THE FAMILY RESOURCE CENTER AT DAYTON CHILDREN'S HOSPITAL, A SOURCE OF PATIENT-FAMILY EDUCATION MATERIALS INCLUDING BOOKS, PAMPHLETS, VIDEOTAPES, AUDIOTAPES AND INTERNET ACCESS. | $21,310 |
Dayton, OH PURPOSE: THE DAYTON FOUNDATION KEN LAUTERBACH SCHOLARSHIP ASSISTS OAKWOOD HIGH SCHOOL GRADUATES PURSUE AN EDUCATION IN ARTS. | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cincinnati Institute Of Fine Arts Cincinnati, OH | $143,710,134 | $18,167,716 |
Fund For The Arts Inc Louisville, KY | $9,833,007 | $6,108,558 |
United Way Of Lancaster County Lancaster, PA | $8,532,432 | $6,314,775 |
Gretchen C Valade Endownment For The Arts Grosse Pointe Farms, MI | $243,795 | $701,832 |
Stranahan Theater Trust Toledo, OH | $8,657,063 | $1,825,495 |
Holland Community Aquatic Center Foundation Saugatuck, MI | $987,560 | $1,564,696 |
Philadelphia Cultural Fund Inc Philadelphia, PA | $194,550 | $1,278,314 |
Cultural Alliance Of York County York, PA | $3,774,226 | $1,373,230 |
Urban Sight Inc Perrysburg, OH | $141,593 | $884,230 |
Foundation For The Flint Cultural Center Flint, MI | $38,034,949 | $6,392,203 |
Playhouse Artists New Hope, PA | $80,520 | $752,591 |
Monument Legacy Inc Carmel, IN | $4,006,902 | $508,574 |