Desiree Mesolella Memorial Art Scholarship Fund Inc is located in Providence, RI. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desiree Mesolella Memorial Art Scholarship Fund 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 undefined, Desiree Mesolella Memorial Art Scholarship Fund Inc generated $29.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $7.9k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED SIX SCHOLARSHIPS OF $1,250EACH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vincent J Mesolella Director | 2 | $0 | |
Donna Mesolella Director | 4 | $0 | |
Derek Mesolella Director | 0 | $0 | |
Kenneth Martone Director | 0 | $0 | |
Mario Martone Director | 0 | $0 | |
Justin Aceto Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,200 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $26,825 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $29,025 |
Statement of Expenses | |
---|---|
Total expenses | $7,850 |
Balance Sheet | |
---|---|
Total assets | $430,709 |
Total liabilities | $0 |
Net assets or fund balances | $430,709 |