Massage Therapy Foundation Inc
- Assets
- $919.1k
- Revenue
- $490.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Evanston, IL
- Founding
- 10/1991
- Data as of
- 02/2023
- EIN
- 36-3735393
Organization Overview
Massage Therapy Foundation Inc is located in Evanston, IL. The organization was established in 1991. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 02/2023, Massage Therapy Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massage Therapy Foundation 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 02/2023, Massage Therapy Foundation Inc generated $490.2k 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 (3.8%) each year. All expenses for the organization totaled $561.6k during the year ending 02/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MASSAGE THERAPY FOUNDATION ("MTF") ADVANCES THE KNOWLEDGE AND PRACTICE OF MASSAGE THERAPY BY SUPPORTING SCIENTIFIC RESEARCH, EDUCATION, AND COMMUNITY SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUALLY, THE MTF FUNDS RESEARCH AND COMMUNITY SERVICE PROJECTS. IN 2022-2023, ONE RESEARCH PROJECT WAS FUNDED. IN ADDITION, FIVE COMMUNITY SERVICE PROJECTS RECEIVED FUNDING. ADDITIONALLY, THE MTF CONTINUES TO FUND THE INTERNATIONAL JOURNAL OF THERAPEUTIC MASSAGE AND BODYWORK (IJTMB) WHICH IS AN OPEN ACCESS, PEER-REVIEWED PUBLICATION INTENDED TO ACCOMMODATE THE DIVERSE NEEDS OF THE RAPIDLY-EXPANDING THERAPEUTIC MASSAGE AND BODYWORK COMMUNITY THAT IS OFFERED TO READERS GRATIS, ON A QUARTERLY BASIS. THOUSANDS OF PEOPLE VISIT OUR INFORMATIONAL WEBSITE ANNUALLY.
ANNUALLY, THE MTF FUNDS RESEARCH AND COMMUNITY SERVICE PROJECTS. IN 2022-2023, ONE RESEARCH PROJECT WAS FUNDED. IN ADDITION, FIVE COMMUNITY SERVICE PROJECTS RECEIVED FUNDING. ADDITIONALLY, THE MTF CONTINUES TO FUND THE INTERNATIONAL JOURNAL OF THERAPEUTIC MASSAGE AND BODYWORK (IJTMB) WHICH IS AN OPEN ACCESS, PEER-REVIEWED PUBLICATION INTENDED TO ACCOMMODATE THE DIVERSE NEEDS OF THE RAPIDLY-EXPANDING THERAPEUTIC MASSAGE AND BODYWORK COMMUNITY THAT IS OFFERED TO READERS GRATIS, ON A QUARTERLY BASIS. THOUSANDS OF PEOPLE VISIT OUR INFORMATIONAL WEBSITE ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Ohlson Executive Director & Treas | OfficerTrustee | 40 | $93,772 |
Adrienne Asta President | OfficerTrustee | 30 | $11,450 |
Robin Anderson President (to May '22) | OfficerTrustee | 30 | $6,900 |
Lindsay Bodkin Vice President | OfficerTrustee | 5 | $4,000 |
John Combe Vice President | OfficerTrustee | 5 | $2,800 |
Steve Albertson Trustee | Trustee | 5 | $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 | $486,252 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $486,252 |
| Total Program Service Revenue | $0 |
| Investment income | $18,322 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,356 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $490,218 |
| 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 | $30,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $123,950 |
| Compensation of current officers, directors, key employees. | $52,171 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,274 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,159 |
| Payroll taxes | $23,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,130 |
| Fees for services: Other | $62,122 |
| Advertising and promotion | $0 |
| Office expenses | $5,853 |
| Information technology | $1,234 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,631 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $871 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,598 |
| Total functional expenses | $561,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,409 |
| Pledges and grants receivable | $1,764 |
| Accounts receivable, net | $1,133 |
| 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 | $7,992 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $856,837 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $919,135 |
| Accounts payable and accrued expenses | $68,562 |
| Grants payable | $224,055 |
| 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 | $59,821 |
| Total liabilities | $352,438 |
| Net assets without donor restrictions | $541,697 |
| Net assets with donor restrictions | $25,000 |
| 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 | $919,135 |
Grants Awarded
Over the last fiscal year, Massage Therapy Foundation Inc has awarded $125,828 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL UNIVERSITY OF HEALTH SCIENCES PURPOSE: MASSAGE THERAPY WORK-RELATED MUSCULOSKELETAL DISORDERS | $19,000 |
YALE UNIVERSITY PURPOSE: PREGNANCY MASSAGE AND MINDFULNESS STUDY FOR TOBACCO SMOKING WOMEN | $14,879 |
UNIVERSITY OF NEBRASKA-LINCOLN PURPOSE: MASSAGE THERAPY ON WELL-BEING FOR PARENTS OF CHILDREN RECOVERING FROM TRAUMATIC INJURY OR ILLNESS | $14,035 |
THE TRUSTEES OF INDIANA UNIVERSITY PURPOSE: MASSAGE THERAPY FOR PREVENTION OF CHEMOTHERAPY INDUCED NEUROPATHY | $15,000 |
NATIONAL UNIVERSITY OF HEALTH SCIENCES PURPOSE: MASSAGE THERAPY WORK-RELATED MUSCULOSKELETAL DISORDERS | $19,000 |
THE TRUSTEES OF INDIANA UNIVERSITY PURPOSE: MASSAGE THERAPY FOR PREVENTION OF CHEMOTHERAPY INDUCED NEUROPATHY | $15,000 |