Ripm Consortium Ltd
- Assets
- $6.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 17
- Location
- Baltimore, MD
- Founding
- 10/1998
- Data as of
- 12/2023
- EIN
- 52-2085932
Organization Overview
Ripm Consortium Ltd is located in Baltimore, MD. The organization was established in 1998. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Ripm Consortium Ltd employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ripm Consortium Ltd 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, Ripm Consortium Ltd generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATING SCHOLARS, STUDENTS AND PERFORMERS BY SUPPLYING INFORMATION CONCERNING 19TH CENTURY MUSIC AND MUSICAL LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE SCHOLARS, STUDENTS AND PERFORMERS BY SUPPLYING INFORMATION CONCERNING NINETEENTH-CENTURY MUSIC AND MUSICAL LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor Naiman Secretary | Trustee | 2 | $0 |
Michael Tepper Vice President | Trustee | 2 | $0 |
Irvin Naiman Treasurer | Trustee | 2 | $0 |
H R Cohen President | Officer | 40 | $160,000 |
Benjamin Knysak Staff Member | 40 | $120,000 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,523,668 |
| Investment income | $268,554 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,502 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,802,724 |
| 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. | $160,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $425,358 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $34,153 |
| Other employee benefits | $16,756 |
| Payroll taxes | $46,245 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,754 |
| Office expenses | $10,570 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $60,121 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $243 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,360 |
| Insurance | $8,289 |
| All other expenses | $220,614 |
| Total functional expenses | $1,043,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,984 |
| Savings and temporary cash investments | $6,197,442 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $451,937 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,809,363 |
| Accounts payable and accrued expenses | $7,177 |
| 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 | $7,177 |
| Net assets without donor restrictions | $6,802,186 |
| 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 | $6,809,363 |