Matthews Alive Inc
- Assets
- $173.2k
- Revenue
- $59.0
- Investments
- $0.0
- Employees
- 0
- Location
- matthews, NC
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 56-1906522
Organization Overview
Matthews Alive Inc is located in matthews, NC. The organization was established in 2010. 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. Matthews Alive 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 12/2021, Matthews Alive Inc generated $59.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (72.4%) each year. All expenses for the organization totaled $34.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Matthews Alive Inc has awarded 15 individual grants totaling $156,776. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AN OPPORTUNITY FOR LOCAL NON-PROFIT GROUPS TO RAISE FUNDS FOR THEIR ORGANIZATION TO BENEFIT THE COMMUNITY. COMMUNITY GROUPS VOLUNTEER THEIR TIME BY WORKING THE EVENT, THE NET PROCEEDS FROM THE FESTIVAL GO DIRECTLY TO THESE NON-PROFIT ORGANIZATIONS IN ORDER THAT THEY MAY PROVIDE SERVCIES TO ENHANCE THE QUALITY OF LIFE IN OUR AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOLUNTEERISM PROMOTION PROGRAMS; FESTIVAL EXPENSES TO RAISE FUNDS FOR THE TOWN OF MATHEWS NC AND ALLOW MATTHEWS BASED NON PROFIT ORGANIZATIONS TO RAISE FUNDS FOR THEIR OWN PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Taylor Town Of Matthews Liaison | Officer | 2 | $0 |
Carol Lawrence Treasurer | Officer | 3 | $0 |
Julie Bee Chairperson | Officer | 5 | $0 |
Chris Melton Secretary | Officer | 2 | $0 |
Joe Culpepper Logitistics Director | Trustee | 5 | $0 |
Tyler Pierce Legal Advisor | Trustee | 3 | $0 |
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 | $0 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $59 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,525 |
| Advertising and promotion | $873 |
| Office expenses | $1,431 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $698 |
| All other expenses | $11,329 |
| Total functional expenses | $34,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,156 |
| Savings and temporary cash investments | $0 |
| 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 | $29,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $173,156 |
| Accounts payable and accrued expenses | $18,202 |
| 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 | $18,202 |
| Net assets without donor restrictions | $154,954 |
| 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 | $173,156 |
Grants Awarded
Over the last fiscal year, Matthews Alive Inc has awarded $36,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOY SCOUT TROOP 39 PURPOSE: to help fund activities such as summer camp for boys in the troop | $18,000 |
TEAM CHARLOTTE SWIM PURPOSE: to help fund swim meets, practice ,and pay for equipment | $9,000 |
BUTLER BAND BOOSTERS PURPOSE: to help fund band competitions and pay for equipment | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Matthews Alive Inc has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coalition To Salute Americas Heroes Foundation Leesburg, VA | $3,573,595 | $8,478,376 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Spoleto Festival U S A Charleston, SC | $23,626,585 | $7,325,323 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Arts Center Of Coastal Carolina Hilton Head Island, SC | $10,441,766 | $4,547,581 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Suffolk Center For Cultural Arts Foundation Suffolk, VA | $18,737,592 | $3,812,474 |