Space On Main
- Assets
- $205.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bradford, VT
- Founding
- 07/2017
- Data as of
- 06/2021
- EIN
- 81-5147221
Organization Overview
Space On Main is located in Bradford, VT. The organization was established in 2017. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Space On Main 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 06/2021, Space On Main generated $179.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 29.8% each year . All expenses for the organization totaled $67.9k during the year ending 06/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
IT IS THE MISSION OF THE SPACE ON MAIN TO FOSTER ENTREPRENEURSHIP, INNOVATION, THE ARTS, EDUCATION, HEALTH, AND RECREATION IN ORDER TO INCREASE OPPORTUNITY FOR PERSONAL AND COLLECTIVE GROWTH IN THE COHASE REGION OF VERMONT AND NEW HAMPSHIRE BY PROVIDING A CREATIVE FACILITY WITH ACCESS TO AFFORDABLE EQUIPMENT, WORK SPACES, AND CLASSES. IT IS OUR GOAL TO ENSURE PROSPERITY OF OUR COMMUNITY BY LEVERAGING TALENT IN THE REGION BY CREATING PATHWAYS TO OUTSIDE INDIVIDUALS, SERVICES, AND TECHNOLOGIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Pippin Treasurer | 1 | $0 | |
Brynn Cole Director | 1 | $0 | |
Kenneth Rufo Director | 1 | $0 | |
Colleen Ford Director | 1 | $0 | |
Samantha Sheehan Vice President | 1 | $0 | |
Marvin Harrison Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,125 |
| Total Program Service Revenue | $35,496 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,621 |
| 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 | $1,742 |
| Occupancy, rent, utilities, and maintenance | $49,716 |
| Printing, publications, postage, and shipping | $2,563 |
| Other expenses | $13,900 |
| Total expenses | $67,921 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,703 |
| Other assets | $0 |
| Total assets | $205,576 |
| Total liabilities | $0 |
| Net assets or fund balances | $205,576 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Space On Main has recieved totaling $35,005.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $25,000 |
Joe & Hellen Darion Foundation Inc Oceanside, NY PURPOSE: GENERAL WELFARE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Boston Convention And Tourist Bureau Inc Boston, MA | $3,175,283 | $8,778,402 |
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Structured Employment Economic Development Corporation New York, NY | $3,440,081 | $6,983,803 |
Nybdc Local Development Corporation Albany, NY | $39,799,179 | $11,401,541 |
Venture For America Inc New York, NY | $3,605,973 | $6,866,605 |
Trufund Financial Services Inc New York, NY | $14,181,328 | $2,317,905 |
Griffiss Local Development Corporation Rome, NY | $28,823,478 | $3,861,279 |
Metrotech Area District Management Association Inc Brooklyn, NY | $3,270,355 | $4,991,826 |
Kiryas Joel Municipal Local Development Corporation Monroe, NY | $2,561,042 | $4,665,324 |
Greater New Bedford Workforce Investment Board Inc New Bedford, MA | $1,194,439 | $3,887,016 |
West Harlem Development Corporation New York, NY | $61,321,755 | $1,156,663 |