Keshet Inc
- Assets
- $6.1m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 37
- Location
- Boston, MA
- Founding
- 08/2003
- Data as of
- 12/2021
- EIN
- 48-1278664
Organization Overview
Keshet Inc is located in Boston, MA. The organization was established in 2003. According to its NTEE Classification (R26) the organization is classified as: Lesbian & Gay Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Keshet Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keshet 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 12/2021, Keshet Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND TRAINING: KESHET PARTNERS WITH LEADERS OF NATIONAL AND LOCAL JEWISH ORGANIZATIONS SUCH AS SYNAGOGUES, DAY SCHOOLS, JCCS, YOUTH GROUPS, AND SUMMER CAMPS. WE TRAIN AND SUPPORT JEWISH EDUCATORS, CLERGY, PROGRAM STAFF, YOUTH, AND LAY LEADERS TO ENSURE THAT LGBTQ YOUTH, FAMILIES, AND STAFF ARE AFFIRMED IN ALL JEWISH EDUCATIONAL AND COMMUNITY SETTINGS.
LEADERSHIP DEVELOPMENT FOR JEWISH LGBTQ TEENS: AT KESHET'S SHABBAT RETREATS, LGBTQ AND ALLY JEWISH TEENS ARE ABLE TO EXHALE; TO FIND THEIR PLACE AND THEIR VOICE AS EMERGING JEWISH LEADERS. TOGETHER, THEY BUILD MEANINGFUL FRIENDSHIPS, ENGAGE IN DEEP JEWISH LEARNING, AND RETURN HOME TO BUILD A WORLD WE CAN ALL BE PROUD OF.
LGBTQ EQUALITY: KESHET IS LEADING THE JEWISH COMMUNITY TO STAND UP FOR LGBTQ RIGHTS. WE CALL ON THE JEWISH COMMUNITY TO FIGHT FOR LGBTQ JUSTICE AND TAKE ACTION COLLECTIVELY TO ADVANCE REAL BREAKTHROUGHS. WE MOBILIZE RABBIS, COMMUNITY LEADERS AND MEMBERS, SYNAGOGUES, YOUTH MOVEMENTS, AND JEWISH ADVOCACY ORGANIZATIONS TO AFFIRM, ON THE BIMAH AND IN THE STREETS, THAT FIGHTING FOR LGBTQ EQUALITY IS A JEWISH IMPERATIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Idit Klein President & CEO | OfficerTrustee | 40 | $187,319 |
Leonard Goldstein Chief Financial Officer | Officer | 40 | $117,747 |
Suzanne Feinspan Chief Program Officer | 40 | $110,401 | |
James Cohen Chief Dev. Officer (until 8/2021) | 40 | $107,469 | |
Tamar Prager Secretary | OfficerTrustee | 2 | $0 |
Nathan Render Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| 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 | $4,038,621 |
| Noncash contributions included in lines 1a–1f | $31,414 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,038,621 |
| Total Program Service Revenue | $77,975 |
| Investment income | $668 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$319 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $103 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,117,048 |
| 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. | $371,638 |
| Compensation of current officers, directors, key employees. | $128,559 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,610,773 |
| Pension plan accruals and contributions | $23,379 |
| Other employee benefits | $231,052 |
| Payroll taxes | $169,845 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $124,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $387,669 |
| Advertising and promotion | $20,541 |
| Office expenses | $83,664 |
| Information technology | $101,153 |
| Royalties | $0 |
| Occupancy | $188,414 |
| Travel | $30,231 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,411 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,880 |
| All other expenses | $24,280 |
| Total functional expenses | $3,424,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,841,764 |
| Savings and temporary cash investments | $1,016,045 |
| Pledges and grants receivable | $2,633,288 |
| Accounts receivable, net | $5,035 |
| 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 | $55,989 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $493,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,783 |
| Total assets | $6,064,151 |
| Accounts payable and accrued expenses | $181,027 |
| 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 | $181,027 |
| Net assets without donor restrictions | $1,902,520 |
| Net assets with donor restrictions | $3,980,604 |
| 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 | $6,064,151 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that Keshet Inc has recieved totaling $1,084,475.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $409,097 |
Klarman Family Foundation Boston, MA PURPOSE: HEALTHY DEMOCRACY: UNRESTRICTED OPERATING SUPPORT FOR FISCAL YEARS 2022, 2023, AND 2024 | $200,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: PROGRAM SUPPORT | $150,000 |
Klarman Family Foundation Boston, MA PURPOSE: HEALTHY DEMOCRACY: UNRESTRICTED OPERATING SUPPORT FOR FISCAL YEARS 2022, 2023, AND 2024 | $100,000 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $55,000 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA PURPOSE: SUPPORT ITS TEEN PROGRAMS INCLUDING SHABBATONIUM | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Astraea Foundation Inc New York, NY | $34,728,076 | $21,327,724 |
Glbtq Legal Advocates & Defenders Inc Boston, MA | $5,851,942 | $5,190,845 |
Keshet Inc Boston, MA | $6,064,151 | $4,117,048 |
Funders For Lesbian And Gay Issues Inc New York, NY | $6,232,846 | $6,714,724 |
True Colors United Inc New York, NY | $3,413,319 | $3,601,465 |
Transgender Legal Defense And Education Fund Inc New York, NY | $2,092,096 | $2,457,191 |
Long Island Gay And Lesbian Youth Inc Hauppauge, NY | $3,176,182 | $1,978,648 |
Immigration Equality Brooklyn, NY | $1,602,488 | $2,381,550 |
In Our Own Voices Inc Albany, NY | $1,326,658 | $1,552,338 |
Men Having Babies Inc Riverdale, NY | $1,545,445 | $1,395,174 |
Brooklyn Community Pride Center Inc Brooklyn, NY | $942,607 | $1,083,366 |
Global Action For Trans Equality Inc New York, NY | $1,319,116 | $980,865 |