Paterson Museum Foundation
- Assets
- $321.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paterson, NJ
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 82-2485898
Organization Overview
Paterson Museum Foundation is located in Paterson, NJ. The organization was established in 2019. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Paterson Museum Foundation 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, Paterson Museum Foundation generated $46.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.1% each year . All expenses for the organization totaled $55.5k during the year ending 12/2022. 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 |
|---|---|---|---|
Sheryl Adamoff Treasurer | 10 | $0 | |
Glenn Corbett President | 10 | $0 | |
Dave Ferrari Secretary | 10 | $0 | |
L Pat Kramer Trustee | 2 | $0 | |
Edward Smyk Trustee | 2 | $0 | |
Sharon Briggs Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,576 |
| Total Program Service Revenue | $2,366 |
| Membership dues | $0 |
| Investment income | $1,158 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,100 |
| 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 | $49,143 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,648 |
| Total expenses | $55,536 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $303,291 |
| Other assets | $0 |
| Total assets | $321,561 |
| Total liabilities | $0 |
| Net assets or fund balances | $321,561 |