Center For Contemplative Mind In Society Inc
- Assets
- $252.9k
- Revenue
- $251.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Florence, MA
- Founding
- 05/1998
- Data as of
- 12/2021
- EIN
- 31-1579912
Organization Overview
Center For Contemplative Mind In Society Inc is located in Florence, MA. The organization was established in 1998. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Center For Contemplative Mind In Society Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Contemplative Mind In Society 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, Center For Contemplative Mind In Society Inc generated $251.1k 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 (6.0%) each year. All expenses for the organization totaled $358.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INTEGRATES CONTEMPLATIVE PRACTICES INTO HIGHER EDUCATION IN SERVICE OF A MORE JUST AND COMPASSIONATE SOCIETY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES EDUCATIONAL SEMINARS AND RETREATS THAT ENCOURAGE PARTCIPANTS TO INTERGRATE CONTEMPLATIVE PRACTIVE INTO LIFE, SEEK TO INCREASE AWARENESS OF HISTORY AND THE CONTRIBUTIONS OF CONTEMPLATIVE PRACTICES IN SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lila Mereschuk Executive Director | Officer | 40 | $87,500 |
Michelle Chatman Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 2 | $0 |
Lenwood Hayman Vice Chair | OfficerTrustee | 2 | $0 |
Joe Belluck Director | Trustee | 2 | $0 |
Mirabai Bush Ex Officio | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,640 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,640 |
| Total Program Service Revenue | $139,316 |
| Investment income | $188 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $251,144 |
| 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 | $93,662 |
| Other salaries and wages | $128,356 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,477 |
| Payroll taxes | $18,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,969 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $375 |
| Fees for services: Other | $30,800 |
| Advertising and promotion | $0 |
| Office expenses | $238 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $137 |
| Insurance | $5,493 |
| All other expenses | $579 |
| Total functional expenses | $358,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,560 |
| Savings and temporary cash investments | $1,039 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,931 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,345 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $252,875 |
| Accounts payable and accrued expenses | $5,321 |
| 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 | $5,321 |
| Net assets without donor restrictions | $124,319 |
| Net assets with donor restrictions | $123,235 |
| 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 | $252,875 |
Grants Awarded
Over the last fiscal year, Center For Contemplative Mind In Society Inc has awarded $20,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHERN KENTUCKY UNIVERSITY PURPOSE: INTEGRATE CONTEMPLATIVE PRACTICES INTO HIGHER EDUCATION | $5,000 |
COLORADO STATE UNIVERSITY PURPOSE: INTEGRATE CONTEMPLATIVE PRACTICES INTO HIGHER EDUCATION | $5,000 |
SYRACUSE UNIVERSITY PURPOSE: INTEGRATE CONTEMPLATIVE PRACTICES INTO HIGHER EDUCATION | $5,000 |
UNIV OF THE DISTRICT OF COLUMBIA PURPOSE: INTEGRATE CONTEMPLATIVE PRACTICES INTO HIGHER EDUCATION | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Center For Contemplative Mind In Society Inc has recieved totaling $87,505.
| Awarding Organization | Amount |
|---|---|
Clements Foundation Inc Wilmington, DE PURPOSE: CONTEMPLATIVE SOCIAL CHANGE CERTIFICATION PROGRAM | $50,000 |
The Hershey Family Foundation Boston, MA PURPOSE: THE CENTER FOR CONTEMPLATIVE MIND IN SOCIETY TRANSFORMS HIGHER EDUCATION BY SUPPORTING AND ENCOURAGING THE USE OF CONTEMPLATIVE/INTROSPECTIVE PRACTICES AND PERSPECTIVES TO CREATE ACTIVE LEARNING AND RESEARCH ENVIRONMENTS THAT LOOK DEEPLY INTO EXPERIENCE AND MEANING FOR ALL IN SERVICE OF A MORE JUST AND COMPASSIONATE SOCIETY. | $30,000 |
Frederick P Lenz Foundation For American Buddhism Los Angeles, CA PURPOSE: UNRESTRICTED | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Minority Supplier Development Council Inc New York, NY | $14,151,024 | $19,123,388 |
All Stars Project Inc New York, NY | $22,721,562 | $11,310,796 |
The Hyams Foundation Inc Boston, MA | $163,844,341 | $20,347,329 |
Neighborhood Trust Financial Partners Inc New York, NY | $10,875,094 | $7,150,796 |
African Services Committee Inc New York, NY | $2,169,110 | $5,702,295 |
Urban Arts Partnership New York, NY | $4,790,105 | $5,921,037 |
Artpark & Company Inc Lewiston, NY | $3,327,523 | $5,321,157 |
Education Through Music Inc New York, NY | $3,082,173 | $4,504,496 |
Ridgefield Playhouse For Movies And The Performing Arts Inc Ridgefield, CT | $15,840,106 | $10,052,125 |
City Access New York Staten Island, NY | $3,686,366 | $4,897,308 |
Partnership Inc Boston, MA | $5,653,072 | $4,577,511 |
Multicultural Aids Coalition Inc Roxbury, MA | $1,116,469 | $3,034,089 |