Artsmedford Inc is located in Medford, MA. The organization was established in 2006. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Artsmedford 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 12/2023, Artsmedford Inc generated $4.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (34.3%) each year. All expenses for the organization totaled $3.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (34.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah Beardslee President | 1 | $0 | |
Celia Lee Treasurer | 2 | $0 | |
Terry Carter Board Member | 0.5 | $0 | |
Rose Lambias Board Member | 0.5 | $0 | |
Edward Cardini Board Member | 0.5 | $0 | |
Samir Hayek Board Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,070 |
Total Program Service Revenue | $0 |
Membership dues | $1,908 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,069 |
Other Revenue | $0 |
Total Revenue | $4,047 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $1,366 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $3,040 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,982 |
Other assets | $0 |
Total assets | $13,982 |
Total liabilities | $0 |
Net assets or fund balances | $13,982 |