Triple Cities Makerspace Inc
- Assets
- $256.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Binghamton, NY
- Founding
- 07/2014
- Data as of
- 12/2020
- EIN
- 46-3335408
Organization Overview
Triple Cities Makerspace Inc is located in Binghamton, NY. The organization was established in 2014. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triple Cities Makerspace 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 12/2020, Triple Cities Makerspace Inc generated $93.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $37.7k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
BRINGING TECHNOLOGY ARTISTS TOGETHER WITH WORKSHOPS, CLASSES, ETC
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Burch Member At Large | 4 | $0 | |
John Flinn Director | 7 | $0 | |
Erik Leonard President | 20 | $0 | |
Cliff Burger Vice President | 4.5 | $0 | |
Adam Biener Secretary | 1.75 | $0 | |
David Weintraub Treasurer | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,674 |
| Total Program Service Revenue | $837 |
| Membership dues | $17,956 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,994 |
| Total Revenue | $93,461 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,014 |
| Professional fees and other payments to independent contractors | $6,335 |
| Occupancy, rent, utilities, and maintenance | $11,127 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,241 |
| Total expenses | $37,717 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,299 |
| Other assets | $0 |
| Total assets | $256,829 |
| Total liabilities | $58,407 |
| Net assets or fund balances | $198,422 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Triple Cities Makerspace Inc has recieved totaling $91.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $91 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Council For International Business New York, NY | $8,377,861 | $9,810,410 |
New Jersey Association Of Realtors Trenton, NJ | $35,262,029 | $9,547,353 |
Long Island Board Of Realtors Inc West Babylon, NY | $32,824,680 | $7,922,994 |
German American Chamber Of Commerce Inc New York, NY | $3,820,432 | $6,890,973 |
Buffalo Niagara Convention & Vistors Bureau Inc Buffalo, NY | $3,394,435 | $6,164,269 |
Lake Placid Chamber Of Commerce Inc Lake Placid, NY | $4,857,333 | $6,938,582 |
Economic Development Council Of Western Massachusetts Inc Springfield, MA | $1,229,213 | $5,047,431 |
Independent Drivers Guild Inc Long Island City, NY | $5,104,857 | $7,835,962 |
Greater Lehigh Valley Chamber Of Commerce Easton, PA | $3,461,943 | $5,381,256 |
World Trade Centers Association Inc New York, NY | $23,293,174 | $7,185,978 |
Building Contractors Association Inc New York, NY | $2,719,541 | $4,963,157 |
Pension Real Estate Association Hartford, CT | $6,735,705 | $4,410,849 |