Menare Foundation Inc
- Assets
- $83.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, MD
- Founding
- 11/2000
- Data as of
- 12/2023
- EIN
- 52-2147912
Organization Overview
Menare Foundation Inc is located in Germantown, MD. The organization was established in 2000. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Menare Foundation 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 12/2023, Menare Foundation Inc generated $122.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $65.5k during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE MENARE FOUNDATION ORGANIZED EDUCATIONAL PROGRAMS AND EVENTS AT THE BUTTON FARM LIVING HISTORY CENTER (OPERATED BY MENARE) AS WELL AS OFF-SITE PRESENTATIONS AND TOURS OF HISTORIC SITES RELATED TO THE HISTORY OF SLAVERY AND THE UNDERGROUND RAILROAD. THE FOUNDATION ALSO CONDUCTED VIRTUAL PROGRAMS AND PRESENTATIONS. THE TOTAL NUMBER OF PEOPLE SERVED WAS 9,100.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Cohen President | 25 | $0 | |
Karl Protil Chairman Of The Board | 2 | $0 | |
Steven Gillick Treasurer | 5 | $0 | |
Cheryl Lampkin Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,518 |
| Total Program Service Revenue | $38,601 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,119 |
| 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 | $38,938 |
| Occupancy, rent, utilities, and maintenance | $13,383 |
| Printing, publications, postage, and shipping | $36 |
| Other expenses | $13,115 |
| Total expenses | $65,472 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,484 |
| Other assets | $0 |
| Total assets | $83,484 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,484 |