Monadnock Art X Tech
- Assets
- $88.3k
- Revenue
- $264.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Peterborough, NH
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-2146598
Organization Overview
Monadnock Art X Tech is located in Peterborough, NH. The organization was established in 2015. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Monadnock Art X Tech employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monadnock Art X Tech 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 12/2021, Monadnock Art X Tech generated $264.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $220.3k during the year ending 12/2021. While expenses have increased by 12.6% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A COMMUNITY MAKERSPACE DEDICATED TO SUPPORTING A VIBRANT CREATIVE AND ENTREPRENEURIAL COMMUNITY IN THE MONADNOCK, NH REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A COMMUNITY MAKERSPACE DEDICATED TO SUPPORTING A VIBRANT CREATIVE AND ENTREPRENEURIAL COMMUNITY IN THE MONADNOCK, NH REGION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Schlieben Executive Director | Officer | 40 | $48,000 |
Ruth Bednarz Co-Chair | Trustee | 1 | $0 |
Pelagia Vincent Board Member | Trustee | 1 | $0 |
Joseph Caracappa Board Member | Trustee | 1 | $0 |
Lisa Butler Board Member | Trustee | 1 | $0 |
Tyler Ward Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $33,025 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,311 |
| All other contributions, gifts, grants, and similar amounts not included above | $155,566 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,902 |
| Total Program Service Revenue | $35,509 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,244 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $264,707 |
| 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. | $48,000 |
| Compensation of current officers, directors, key employees. | $20,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,179 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,571 |
| 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 | $0 |
| Fees for services: Other | $6,184 |
| Advertising and promotion | $8,839 |
| Office expenses | $4,707 |
| Information technology | $6,015 |
| Royalties | $0 |
| Occupancy | $112,604 |
| Travel | $0 |
| 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 | $984 |
| Insurance | $5,624 |
| All other expenses | $0 |
| Total functional expenses | $220,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,067 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $398 |
| 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 | $0 |
| Net Land, buildings, and equipment | $44,295 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,500 |
| Total assets | $88,260 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $88,260 |
| Net assets with donor restrictions | $0 |
| 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 | $88,260 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monadnock Art X Tech has recieved totaling $68.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $68 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bellwether Education Partners Inc Sudbury, MA | $12,819,060 | $18,147,451 |
Vhs Inc Maynard, MA | $2,159,485 | $7,029,751 |
More Than Words Inc Boston, MA | $15,091,779 | $6,459,719 |
Nashua Adult Learning Center Inc Nashua, NH | $5,002,850 | $5,676,963 |
Vermont Adult Learning Inc Waitsfield, VT | $1,289,780 | $4,391,996 |
Foundation For Civic Leadership Inc Cambridge, MA | $2,419,879 | $3,718,020 |
Northeast Kingdom Learning Services Newport, VT | $697,664 | $2,624,718 |
Eastern Millwright Regional Council Apprenticeship & Training Fund Framingham, MA | $8,198,256 | $2,598,641 |
Southeastern Massachusetts Ser-Jobs For Progress Inc Fall River, MA | $976,887 | $2,626,536 |
Massachusetts Biotechnology Education Foundation Inc Cambridge, MA | $2,372,031 | $2,337,731 |
Pbs Learning Institute Inc Braintree, MA | $1,893,398 | $2,161,588 |
Cambridge Center For Adult Education Inc Cambridge, MA | $2,957,384 | $1,801,441 |