Verse Video Education Inc
- Assets
- $2.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 12
- Location
- Brookline, MA
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-0902953
Organization Overview
Verse Video Education Inc is located in Brookline, MA. The organization was established in 2016. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Verse Video Education Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Verse Video Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF VERSE VIDEO EDUCATION INC IS DEDICATED TO DEVELOPING VIDEO AND ACCOMPANYING CURRICULAR MATERIALS IN THE ARTS AND HUMANITIES AND BEYOND; CREATING A BODY OF EDUCATIONAL CONTENT CAPABLE OF REACHING A BROAD COMMUNITY OF LEARNERS - FORMAL AND INFORMAL, ON-LINE AND RESIDENTIAL, YOUNG AND OLD, AMERICAN AND INTERNATIONAL; AND ENHANCING EDUCATIONAL EXPERIENCES, BOTH WITHIN AND OUTSIDE OF THE CLASSROOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TV SERIES:-SIGNED CONTRACT WITH WGBH BOSTON FOR POETRY IN AMERICA, A 13-EPISODE PUBLIC TELEVISION SERIES HOSTED BY PROF. ELISA NEW AND GEARED TOWARD NATIONAL DISTRIBUTION.-BEGAN PRODUCTION FOR TV SERIES.-SECURED FULL FUNDING FOR SERIES PRODUCTION.
TEACHER PROFESSIONAL DEVELOPMENT ONLINE COURSES:-DEVELOPED BRAND NEW VIDEO-BASED CURRICULUM COMBINING POETRY EDUCATION AND PEDAGOGY FOR A GLOBAL AUDIENCE OF EDUCATORS
SHORT-FORM EDUCATIONAL MEDIA PROJECTS FOR THIRD-PARTY ORGANIZATIONS AND INSTITUTIONS:-COMPLETED VIDEO PRODUCTION FOR COLLABORATION BETWEEN GREENWICH COUNTRY DAY SCHOOL, SUCCESS ACADEMY, AND POETRY IN AMERICA, CULMINATING IN 9-VIDEO POETRY PEDAGOGY SERIES-PRODUCED VIDEO FOR AN UPDATE OF THE HARVARD GRADUATE SCHOOL OF EDUCATION PROJECT ZERO INITIATIVE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathleen O'connell Producer | 40 | $112,144 | |
Elisa New President & Treasurer | OfficerTrustee | 25 | $0 |
Deborah Hayes Stone Director | Trustee | 1 | $0 |
Matina Koronis Koester Director | Trustee | 1 | $0 |
John Steele Director | Trustee | 1 | $0 |
Robert Pinsky Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $235,445 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,553,516 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,788,961 |
| Total Program Service Revenue | $50,522 |
| Investment income | $0 |
| 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 | $2,839,483 |
| 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. | $112,144 |
| Compensation of current officers, directors, key employees. | $11,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $316,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,764 |
| Fees for services: Accounting | $49,634 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,966 |
| Advertising and promotion | $44,362 |
| Office expenses | $100,227 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,625 |
| 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 | $18,478 |
| Insurance | $17,401 |
| All other expenses | $38,968 |
| Total functional expenses | $1,327,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,676,903 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $671,288 |
| 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 | $6,625 |
| Net Land, buildings, and equipment | $48,693 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $134,078 |
| Total assets | $2,537,587 |
| Accounts payable and accrued expenses | $61,286 |
| 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 | $61,286 |
| Net assets without donor restrictions | $1,882,276 |
| Net assets with donor restrictions | $594,025 |
| 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 | $2,537,587 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Verse Video Education Inc has recieved totaling $460,000.
| Awarding Organization | Amount |
|---|---|
Dalio Family Fund Inc Westport, CT PURPOSE: TO SUPPORT GENERAL OPERATIONS | $250,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Arts & Culture | $200,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Modern Language Association Of America New York, NY | $26,742,104 | $16,207,433 |
New Hampshire Institute of Art Manchester, NH | $0 | $13,685,136 |
Pen American Center Inc New York, NY | $36,781,487 | $29,059,092 |
Commercial Real Estate Finance Council Inc New York, NY | $15,641,619 | $8,091,268 |
Archaeological Institute Of America Boston, MA | $15,760,718 | $9,516,750 |
Academy Of American Poets Incorporated New York, NY | $16,980,319 | $4,039,105 |
Grub Street Inc Boston, MA | $11,789,751 | $6,194,111 |
Center For Inquiry Inc Amherst, NY | $8,104,198 | $5,991,557 |
National Book Foundation Inc New York, NY | $4,696,616 | $3,836,375 |
Connecticut Humanities Council Middletown, CT | $1,530,926 | $3,295,528 |
New York Council For The Humanities New York, NY | $2,496,894 | $3,586,085 |
Institute On Religion And Public Life New York, NY | $2,017,978 | $3,465,184 |