Portland Bead Society
- Assets
- $67.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 41-2061683
Organization Overview
Portland Bead Society is located in Portland, OR. The organization was established in 2003. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Bead Society is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Portland Bead Society generated $20.0k 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 (11.9%) each year. All expenses for the organization totaled $14.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lomoar Majorowicz Treasurer | 4 | $0 | |
Kasey Klaus President | 10 | $0 | |
Judy West Class Manage | 3 | $0 | |
Janis Vanwyhe Grants & Edu | 5 | $0 | |
Arlin Robins Vendor Co-Or | 3 | $0 | |
Amy Taylor Gathering Co | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,312 |
| Membership dues | $3,229 |
| Investment income | $2,471 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,012 |
| 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 | $925 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,686 |
| Total expenses | $14,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,603 |
| Other assets | $0 |
| Total assets | $67,619 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,619 |
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