The Furniture Society
- Assets
- $130.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 10/1997
- Data as of
- 12/2021
- EIN
- 54-1839284
Organization Overview
The Furniture Society is located in Brooklyn, NY. The organization was established in 1997. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Furniture Society 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, Furniture Society generated $116.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $169.5k during the year ending 12/2021. While expenses have increased by 7.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Hampton Executive Director | 40 | $57,120 | |
Meg Bye Secretary | 0.5 | $0 | |
Adam Manley President | 0.5 | $0 | |
Kathy Sharp Treasurer | 0.5 | $0 | |
Karen Ernst VP | 0.5 | $0 | |
Heath Matysek-Snyder Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,229 |
| Total Program Service Revenue | $20,732 |
| Membership dues | $21,873 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15 |
| Total Revenue | $116,857 |
| 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 | $137,198 |
| Occupancy, rent, utilities, and maintenance | $743 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,512 |
| Total expenses | $169,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,128 |
| Other assets | $0 |
| Total assets | $130,350 |
| Total liabilities | $0 |
| Net assets or fund balances | $130,350 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Furniture Society has recieved totaling $20,052.
| Awarding Organization | Amount |
|---|---|
Schooner Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Sara Little Turnbull Foundation Seattle, WA PURPOSE: TO PROMOTE DESIGN EDUCATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $52 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Andy Warhol Foundation For The Visual Arts Inc New York, NY | $375,628,094 | $51,526,373 |
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Conservation Center For Art And Historic Artifacts Philadelphia, PA | $4,515,696 | $3,186,711 |
Clay Studio Philadelphia, PA | $16,944,971 | $9,873,164 |
Van Alen Institute Projects In Public Architecture Brooklyn, NY | $44,490,814 | $3,072,994 |
Urbanglass New York Contemporary Glass Center Inc Brooklyn, NY | $1,687,992 | $2,437,335 |
American Institute Of Architects New York, NY | $10,952,534 | $3,079,461 |