Marks Project Inc
- Assets
- $8.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hope Valley, RI
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-2039930
Organization Overview
Marks Project Inc is located in Hope Valley, RI. The organization was established in 2014. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Marks Project 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, Marks Project Inc generated $69.0k 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 (6.0%) each year. All expenses for the organization totaled $65.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2020, WE UNDERTOOK A WEBSITE REDESIGN TO IMPROVE PROCESSING TIME NECESSITATED BY SIGNIFICANT INCREASES IN USER PAGE LOAD TIMES AND PROJECTED ADDITIONAL FUTURE WEBSITE TRAFFIC. DURING THIS REDESIGN PROBLEMS AROSE AND, BY EARLY 2022, WE HIRED A NEW DESIGNER WHO WAS ABLE TO MOVE THE PROJECT FORWARD WITH BETA TESTING BEGINNING IN THE SUMMER OF 2023. THE NEW WEBSITE WILL UPDATE THE APPEARANCE OF THE WEB PAGES AND WILL REFINE SEARCH FUNCTIONS TO IMPROVE THE USER EXPERIENCE ON ALL DIGITAL DEVICES. THE FIRST PHASE OF THE NEW WEBSITE IS PROJECTED TO LAUNCH IN THE FALL OF 2024. DURING 2023, WE EXPANDED OUR BOARD OF DIRECTORS AND NOW HAVE 10 MEMBERS WITH EXPERTISE IN TECHNOLOGY, FUNDRAISING, WEBSITE MARKETING & PUBLICITY, PROMOTING ETHNIC DIVERSITY IN THE ARTS, AND OUTREACH TO REGIONAL MUSEUMS AND UNIVERSITIES. COMBINED WITH THE ADVISORY BOARD ESTABLISHED IN 2022, WE NOW HAVE A MUCH BROADER REACH AND ENCHANCED EXPERTISE FOR PROMOTING OUR PROGRAMS IN THE GREATER CERAMICS WORLD. WE CONTINUE TO PROMOTE OUR WEBSITE TOOLS VIA PARTICIPATION IN THE ANNUAL NATIONAL COUNCIL ON EDUCATION FOR THE CERAMIC ARTS (NCECA) CONFERENCE. ABOUT 5,000 ARTISTS, DESIGNERS, EDUCATORS AND SCHOLARS ATTENDED THIS YEARS CONFERENCE IN RICHMOND, VA. ADDITIONALLY, WE PUBLISH A BIWEEKLY NEWSLETTER DISTRIBUTED TO ABOUT 3,000 SUBSCRIBERS AND PROMOTE OUR NAME VIA ARTICLES IN REGIONAL AND NATIONAL CERAMICS RELATED PUBLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha B Vida President | 0 | $0 | |
Joshua Kopin Secretary | 0 | $0 | |
Josephine Lauria Fargo Vice President | 0 | $0 | |
Patricia Biggins Treasurer | 0 | $0 | |
Kathryn Mary King Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,015 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10 |
| Total Revenue | $69,029 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,538 |
| Professional fees and other payments to independent contractors | $1,593 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,777 |
| Total expenses | $65,908 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,753 |
| Other assets | $0 |
| Total assets | $8,753 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,753 |