1455 Inc is located in Reston, VA. The organization was established in 2018. According to its NTEE Classification (A70) the organization is classified as: Humanities, 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. 1455 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 12/2021, 1455 Inc generated $776.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $234.2k during the year ending 12/2021. While expenses have increased by 21.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER AN APPRECIATION OF AND PASSION FOR THE LITERARY ARTS THROUGH VARIOUS PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE'VE CONTINUED TO PROVIDE DIVERSE AND INCLUSIVE PROGRAMMING, ALL VIRTUAL AND FREE. IN ADDITION TO OUR MONTHLY AUTHOR SERIES AND OUR REGULAR "14:55 INTERVIEW" PODCAST, WE HAVE OUR ANNUAL SUMMER FESTIVAL, FEATURING OVER 200 SPEAKERS AND 60 PANELS, FREE TO ALL AND VIRTUAL OVER 3 DAYS IN JULY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sean Murphy Executive Director | Officer | 60 | $66,000 |
Mark Seferian Co-Chair | OfficerTrustee | 1 | $0 |
Kim Churches Secretary | OfficerTrustee | 1 | $0 |
David Greenspan Co-Chair | OfficerTrustee | 1 | $0 |
Karen Vasquez Co-Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $20,570 |
All other contributions, gifts, grants, and similar amounts not included above | $755,649 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $776,219 |
Total Program Service Revenue | $0 |
Investment income | $36 |
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 | $776,264 |
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. | $66,000 |
Compensation of current officers, directors, key employees. | $6,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,049 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,492 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $92,323 |
Advertising and promotion | $3,231 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,758 |
Travel | $21,444 |
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 | $1,545 |
Insurance | $800 |
All other expenses | $848 |
Total functional expenses | $234,184 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $588,319 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $92,700 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $21,625 |
Investments—publicly traded securities | $0 |
Investments—other securities | $6,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $708,644 |
Accounts payable and accrued expenses | $0 |
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 | $13,500 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $13,500 |
Net assets without donor restrictions | $695,144 |
Net assets with donor restrictions | $0 |
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 | $708,644 |
Over the last fiscal year, we have identified 1 grants that 1455 Inc has recieved totaling $10,200.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,200 |
Organization Name | Assets | Revenue |
---|---|---|
Retail Industry Leaders Association Inc Washington, DC | $12,257,205 | $15,486,853 |
Loretto Literary & Benevolent Institution Nerinx, KY | $3,723,243 | $10,897,100 |
Center For Applied Linguistics Washington, DC | $9,420,510 | $10,701,396 |
Barbara Bush Foundation For Family Literacy Inc Washington, DC | $30,746,734 | $7,662,955 |
National Humanities Center Research Triangle Park, NC | $81,630,091 | $12,139,201 |
New Civil Liberties Alliance Washington, DC | $4,877,448 | $3,912,261 |
Humanity First Usa Silver Spring, MD | $4,268,459 | $5,114,185 |
Maryland Humanities Council Inc Baltimore, MD | $2,602,498 | $3,083,306 |
Ripon Society Inc Washington, DC | $17,655,909 | $3,657,728 |
Humanities Tennessee Nashville, TN | $634,896 | $2,324,740 |
American Helicopter Society International Inc Fairfax, VA | $2,304,770 | $2,233,027 |
Glass Packaging Institute Arlington, VA | $1,054,008 | $1,926,864 |