Magazine Beach Partners Inc
- Assets
- $204.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 82-2453586
Organization Overview
Magazine Beach Partners Inc is located in Cambridge, MA. The organization was established in 2017. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magazine Beach Partners 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 12/2022, Magazine Beach Partners Inc generated $65.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $17.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (33.9%) per year over the past 4 years. 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 |
|---|---|---|---|
Decia Goodwin Director & Treasurer | 3 | $0 | |
Catherine Zusy President & Director | 6 | $0 | |
Richard Garver Director | 2 | $0 | |
Fred Yalouris Director | 2 | $0 | |
Paul Lyons Director | 2 | $0 | |
Brian Conway Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,841 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50,000 |
| Total Revenue | $65,867 |
| 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 | $13,940 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,023 |
| Total expenses | $17,463 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,865 |
| Other assets | $0 |
| Total assets | $204,865 |
| Total liabilities | $0 |
| Net assets or fund balances | $204,865 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Magazine Beach Partners Inc has recieved totaling $695.
| Awarding Organization | Amount |
|---|---|
The Lawrence And Lillian Solomon Foundation Inc Wellesley, MA PURPOSE: FULFILL CHARITABLE PURPOSE | $500 |
Ress Family Foundation Providence, RI PURPOSE: GENERAL SUPPORT | $195 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prospect Park Alliance Inc Brooklyn, NY | $34,463,999 | $14,619,569 |
Avalon Nature Preserve Inc Stony Brook, NY | $43,010,885 | $9,560,636 |
Rose Fitzgerald Kennedy Greenway Conservancy Inc Boston, MA | $31,444,070 | $8,732,611 |
Ymca Of Marthas Vineyard Inc Vineyard Haven, MA | $24,356,522 | $5,436,042 |
Friends Of Hudson River Park Inc New York, NY | $3,524,338 | $4,419,034 |
White Haven Memorial Park Inc Pittsford, NY | $20,072,674 | $7,692,818 |
Riverfront Recapture Inc Hartford, CT | $5,471,440 | $4,320,239 |
Brooklyn Bridge Park Conservancy Inc Brooklyn, NY | $1,828,447 | $2,751,779 |
Parks & Trails New York Inc Albany, NY | $2,365,964 | $2,106,877 |
Stanley Park Of Westfield Inc Westfield, MA | $11,912,408 | $1,167,224 |
Frank Newhall Look Memorial Park Inc Florence, MA | $10,382,175 | $2,883,597 |
Worcester County Memorial Park Inc Paxton, MA | $3,649,295 | $1,194,568 |