Marblehead Farmers Market Inc is located in Marblehead, MA. The organization was established in 2013. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marblehead Farmers Market Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Marblehead Farmers Market Inc generated $19.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $20.3k during the year ending 12/2022. While expenses have increased by 6.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OPERATE A PUBLIC FARMERS' MARKET SATURDAY MORNINGS FOR ABOUT 26 WEEKS WHERE INCOME IS PRIMARILY DERIVED FROM VENDOR BOOTH FEES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Fowler Fm Manager | 9 | $10,130 | |
Donald Morgan President | 8 | $0 | |
Jonathan Lukens Trustee | 3 | $0 | |
Charles Gessner Vice President | 1 | $0 | |
Sally Marcy Crafts Manager | 2 | $0 | |
Richard Roseburgh Farmer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $19,413 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $19,642 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $124 |
Salaries, other compensation, and employee benefits | $10,130 |
Professional fees and other payments to independent contractors | $2,865 |
Occupancy, rent, utilities, and maintenance | $7,188 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $20,307 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,663 |
Other assets | $0 |
Total assets | $5,663 |
Total liabilities | $0 |
Net assets or fund balances | $5,663 |
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