Schumacher Center For A New Economics is located in Great Barrington, MA. The organization was established in 2013. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 12/2023, Schumacher Center For A New Economics employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schumacher Center For A New Economics 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, Schumacher Center For A New Economics generated $996.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
EDUCATION - TO EDUCATE THE PUBLIC ABOUT AN ECONOMICS THAT SUPPORTS BOTH PEOPLE AND THE PLANET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL CURRENCY PROJECT - THE SCHUMACHER CENTER FOR A NEW ECONOMICS PROVIDED RESEARCH ASSISTANCE, DEVELOPMENT, AND ADMINISTRATIVE OVERSIGHT FOR BERKSHARES, A LOCAL CURRENCY DESIGNED TO EDUCATE CITIZENS ABOUT THE IMPORTANCE OF VIBRANT, SELF-SUFFICIENT, REGIONAL ECONOMIES. THE CENTER CREATED EDUCATIONAL MATERIAL FOR PRINT AND ONLINE; DEVELOPED SYSTEMS FOR INTEGRATING WITH BANK OPERATIONS; HOSTED MEDIA, AND REPRESENTATIVES OF COMMUNITIES IN OTHER REGIONS WHO ARE STUDYING THE PROGRAM. THE BERKSHARES PROGRAM SERVES 10,000 PERSONS REGIONALLY AND THROUGH MEDIA AND INTERNET REACHES OVER 50,000 PERSONS NATIONALLY AND INTERNATIONALLY. IN ADDITION, THE SCHUMACHER CENTER SUPPORTED COMMUNITY ECONOMICS IN KENYA TO RESEARCH AND FURTHER DEVELOP CURRENCY SYSTEMS FOR UNBANKED MARGINAL COMMUNITIES THROUGHOUT ITS REGION. THROUGH COMMUNITY INCLUSION CURRENCIES PEOPLE HAVE A WAY TO EXCHANGE GOODS AND SERVICES AND INCUBATE PROJECTS AND BUSINESSES, WITHOUT RELYING ON SCARCE NATIONAL CURRENCY AND VOLATILE MARKETS.
LIBRARY OPERATIONS - THE SCHUMACHER CENTER'S UNIQUE COLLECTION OF BOOKS AND PAPERS, INCLUDING FRITZ SCHUMACHER'S PERSONAL BOOKS AND PAPERS AND THOSE OF OTHER DECENTRALIST AUTHORS AND ACTIVISTS ARE ALL CATALOGUED AND THAT CATALOGUE IS SEARCHABLE ONLINE. RESEACHERS SEARCHED THE ONLINE CATALOGUE AND A NUMBER OF RESEARCHERS CAME IN PERSON TO ACCESS THE LIBRARY AND ARCHIVES. IN LIGHT OF THE CLIMATE AND INEQUALITY CRISES, RESEARCHERS ARE REVISITING THE CONTRIBUTIONS OF THINKERS IN THE PERIOD OF 1950-1980S ON CONTEMPORARY SOCIAL ACTIVISM AND BIOREGIONAL ECONOMICS. THE SCHUMACHER CENTER'S LIBRARY HAS FOCUSED ON COLLECTIONS FROM THIS PERIOD, PROVIDING AN IMPORTANT RESOURCE FOR ACTIVISTS AND RESEARCHERS. NEW COLLECTIONS RECEIVED IN 2023 INCLUDE THE BOOKS AND PAPERS OF KIRKPATRICK SALE, NOTED ADVOCATE OF BIOREGIONALISM. AND THE CURATED SELECTIONS OF JOHN MCCLAUGHRY'S DECENTRALISM FILE, FEATURING 115+ RARE AND OVERLOOKED CONTRIBUTIONS TO THIS CANON THROUGH HISTORY, WAS PUBLISHED TO OUR WEBSITE FOR THE FIRST TIME. . LECTURES & EDUCATIONAL EVENTS - THE SCHUMACHER CENTER CONVENED THREE IN- PERSON LECTURES IN 2023. THE FORTY-THIRD ANNUAL E.F. SCHUMACHER LECTURE WAS A JOINT PRESENTATION BY ALEX FORRESTER AND ALFA DEMMELLASH TITLED THE GREATEST MIGRATION: BELOVED COMMUNITY AS ECOLOGICAL CIVILIZATION. THE TALK WAS VIDEOED AND PLACED ON THE CENTER'S WEBSITE WHERE IT HAS BEEN SEEN 250 TIMES. THE INAUGURAL ANNUAL ROBERT SWANN LECTURE WAS DELIVERED BY KALI AKUNO, FOUNDER OF COOPERATION JACKSON. IT HAS BEEN WATCHED 1,100 TIMES ON YOUTUBE. INTERNATIONAL INTELLECTUAL BAYO AKOMOLAFE DELIVERED AN IN-PERSON LECTURE IN APRIL IN GREAT BARRINGTON TO A PACKED HOUSE OF 250. THE YOUTUBE POSTING HAS BEEN VIEWED ANOTHER 8,500 TIMES. IN CELEBRATION OF THE 50TH ANNIVERSARY OF THE PUBLICATION OF SMALL IS BEAUTIFUL, THE SCHUMACHER CENTER CONVENED A MONTHLY SERIES OF ONLINE CONVERSATIONS AROUND THEMES FROM THE BOOK WITH LEADING THINKERS/ACTIVISTS IN EACH FIELD. THE SERIES AVERAGED 200 VIEWERS PER EACH EVENT PLUS CUMULATIVE OF 8,000 VIEWS ONCE POSTED ON THE SCHUMACHER YOUTUBE CHANNEL - SO IN TOTAL REACHING 10,500 PERSONS. . THE SCHUMACHER CENTER MAINTAINS A PUBLICATION PROGRAM BOTH IN PRINT AND ONLINE. THE PUBLICATIONS INCLUDE SCHUMACHER LECTURES, BUT ALSO INCLUDE THE LEGAL AND OPERATIONAL DOCUMENTS FOR THE ORGANIZATION'S LOCAL CURRENCY, COMMUNITY LAND TRUST, AND SHARE MICRO-CREDIT PROGRAMS, AS WELL AS BACKGROUND TEXTS TO THESE PROGRAMS. THERE WERE 99,000 VISITS TO THE WEBSITE IN 2023.THE SCHUMACHER CENTER MAINTAINS A WEBSITE OF THE 40 YEAR'S PUBLICATION OF MANAS, A JOURNAL OF INDEPENDENT INQUIRY, CONCERNED WITH THE STUDY OF PRINCIPLES WHICH MOVE THE WORLD ON ITS PRESENT COURSE WITH 1,062 VISITS IN 2023. . SOCIAL MEDIA STATISTICS (2023) TWITTER - NEW FOLLOWERS IN 2023: 231 TWEET IMPRESSIONS TOTAL 2023: 112,100 TOTAL FOLLOWERS END OF 2023: 5,815 . INSTAGRAM - NEW FOLLOWERS 2023: 750 TOTAL FOLLOWERS END OF 2023: 2,572 . LINKEDIN - NEW FOLLOWERS IN 2023: 605 IMPRESSION 2023: 24,678 TOTAL FOLLOWERS END OF 2023: 2,174 . FACEBOOK - NEW PAGE LIKES IN 2023: 106 TOTAL REACH (THE NUMBER OF TIMES USERS SAW POSTS FROM OUR PAGE ENTER THEIR FEED): 5,892 TOTAL PAGE LIKES AT THE END OF 2023: 4,657 . SCHUMACHER PODCASTS (SIMPLECAST) - THE SCHUMACHER CENTER PUBLISHES LECTURES AS PODCASTS AND MAINTAINS DIGITIZED RECORDINGS OF THE LINDISFARNE ASSOCIATION - TAPES OF CONVERSATIONS ON CULTURE, SOCIETY, AND TECHNOLOGY. THESE AUDIO FILES ARE ALL ONLINE AT THE CENTER'S ARCHIVE.ORG SITE AND AS PODCASTS, WHICH WERE DOWNLOADED A TOTAL OF 9,042 TIMES IN 2023.
THE REINVENTING THE COMMONS PROGRAM CONDUCTS RESEARCH INTO THE COMMONS AS A PARADIGM OF ECONOMIC AND SOCIAL CHANGE, AND SHARES IT WITH SCHOLARS, POLICY EXPERTS AND THE PUBLIC. IN 2023 THIS WORK WAS PRESENTED IN MANY FORMS. THE PROGRAM DIRECTOR MADE IN-PERSON KEYNOTE TALKS AT LARGE CONFERENCES AND PUBLIC EVENTS (7) AND INFORMAL PRESENTATIONS TO SMALLER AUDIENCES (5). THE PROGRAM DIRECTOR ALSO HOSTED HIS OWN PODCAST SHOW (12 EPISODES)AND ONLINE VIDEO LECTURE SERIES (6 TALKS). HE PUBLISHED ESSAYS IN PRINT AND WEB MAGAZINES(3), PARTICIPATED IN ONLINE INTERVIEWS AND WEBINARS HOSTED BY EDUCATIONAL INSTITUTIONS AND NONPROFIT ORGANIZATIONS (12), OFFERED PUBLIC ENDORSEMENTS FOR NOTEWORTHY BOOKS (3), AND GAVE (NO-COST)CONSULTATIONS TO ACTIVISTS AND ORGANIZATIONS (80+). MORE THAN 500 COPIES OF A BOOK PUBLISHED BY THE PROGRAM WERE SOLD OR DISTRIBUTED. THE PROGRAM'S MONTHLY PODCAST HAD MORE THAN 15,000 DOWNLOADS AND LIVE-STREAMS, AND ITS EIGHT WEBSITES (FOR COMMONS-RELATED BOOKS AND TOPICS)HAD A COMBINED VISITORSHIP OF MORE THAN 50,000 PEOPLE.
THE COMMUNITY LAND TRUST PROGRAM IS PROVIDING INFORMATION ABOUT THE ROLE OF LAND AND NATURAL RESOURCES IN A NEW ECONOMIC SYSTEM. WORKING WITH OUR LOCAL BERKSHIRE COMMUNITY LAND TRUST, THE SCHUMACHER CENTER HELPED FOUND AND PROMOTE FARMSTEADS FOR FARMERS AS A WAY TO SUPPORT SECURE ACCESS TO FARMLAND AND HOUSING FOR THE MANY SMALL FARMERS PROVIDING FOOD FOR THE REGION. A 79 ACRE SITE IS UNDER CONTRACT TO PURCHASE, HOLD, AND LEASE TO A BERKSHIRE MOBILE CHICKEN FARMER SUPPLYING EGGS TO LOCAL MARKETS AND FOOD PANTRIES. STORIES ABOUT THE FARMSTEADS FOR FARMERS APPEARED IN LOCAL AND REGIONAL PRINT,ONLINE,RADIO AND TV MEDIA REACHING OVER 30,000 PEOPLE. DOCUMENTS FOR THE FARMSTEADS FOR FARMERS MODELED ON THOSE OF INDIAN LINE FARM ARE ON THE SCHUMACHER CENTER'S WEBSITE WHERE THEY ARE ACCESSED BY GROUPS REPRESENTING FARMERS FACING SIMILAR LAND INSECURITY ISSUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Agatha Bacelar Director | Trustee | 0.5 | $0 |
Jodie Evans Director | Trustee | 0.5 | $0 |
Severine Von Tscharner Fleming Director | Trustee | 0.5 | $0 |
Paul Fletcher-Hill Treasurer | OfficerTrustee | 2 | $0 |
Alex Forrester Director | Trustee | 0.5 | $0 |
Tony Hernandez Director | Trustee | 0.5 | $0 |
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 | $960,188 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $960,188 |
Total Program Service Revenue | $27,393 |
Investment income | $3,761 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,724 |
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 | $1,967 |
Miscellaneous Revenue | $0 |
Total Revenue | $996,033 |
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. | $116,928 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $236,168 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $29,480 |
Fees for services: Management | $0 |
Fees for services: Legal | $81,954 |
Fees for services: Accounting | $20,837 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $822 |
Office expenses | $9,705 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,147 |
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 | $26,340 |
Insurance | $11,246 |
All other expenses | $66,596 |
Total functional expenses | $1,080,613 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $66,475 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $19,815 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $737,601 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $3,725 |
Other assets | $0 |
Total assets | $827,616 |
Accounts payable and accrued expenses | $1,191 |
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 | $1,191 |
Net assets without donor restrictions | $769,814 |
Net assets with donor restrictions | $56,611 |
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 | $827,616 |