Franklin Art Assoc Inc
- Assets
- $4.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, MA
- Founding
- 12/2008
- Data as of
- 08/2023
- EIN
- 51-0184139
Organization Overview
Franklin Art Assoc Inc is located in Franklin, MA. The organization was established in 2008. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Franklin Art Assoc 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 08/2023, Franklin Art Assoc Inc generated $10.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.1% each year . All expenses for the organization totaled $8.9k during the year ending 08/2023. While expenses have increased by 11.8% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Sheridan President | 4 | $0 | |
Susan Plume Vice President | 2 | $0 | |
Joseph G Mueller Jr Treasurer | 6 | $0 | |
Hannah Liverant Close Corresponding Secretary | 3 | $0 | |
Christine Lamb Toubeau Recording Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,907 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,130 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,178 |
| Other Revenue | $3,047 |
| Total Revenue | $10,262 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,825 |
| Occupancy, rent, utilities, and maintenance | $2,218 |
| Printing, publications, postage, and shipping | $143 |
| Other expenses | $1,710 |
| Total expenses | $8,896 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,901 |
| Other assets | $0 |
| Total assets | $4,901 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,901 |