Masters Workshop is located in Melbourne, FL. The organization was established in 2002. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masters Workshop 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, Masters Workshop generated $32.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $46.5k during the year ending 12/2023. 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
PROVIDE AFTER SCHOOL TUTORING ENRICHMENT MEALS AND PLAY GROUND SERVICES FOR 20 STUDENTS AFTER SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janet Marks President | 20 | $0 | |
Charmaine Nelson Secretary | 15 | $0 | |
Jessie Hewett Treasurer | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $32,444 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $16 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $32,460 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $18,860 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $10,921 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $10,190 |
Total expenses | $46,537 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $76,465 |
Other assets | $0 |
Total assets | $152,205 |
Total liabilities | $0 |
Net assets or fund balances | $152,205 |