Making Matters Nh
- Assets
- $81.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boscawen, NH
- Founding
- 11/2018
- Data as of
- 09/2023
- EIN
- 83-0755210
Organization Overview
Making Matters Nh is located in Boscawen, NH. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Making Matters NH 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 09/2023, Making Matters NH generated $44.7k 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 (20.0%) each year. All expenses for the organization totaled $54.7k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
WE WERE CLOSED FOR OUR FIRST QUARTER AND SPENT THE SECOND REFURBISHING OUR NEW PREMISES. THE NEW SPACE MUCH BETTER ACCOMMODATES OUR PUBLIC-ACCESS INDUSTRY-GRADE MACHINES AND ALLOWS FOR PRODUCTION THAT IS BOTH FASTER AND SUPERIOR IN RESULTS FOR THE SMALL BUSINESSES AND HOBBYISTS THAT USE THE MAKERSPACE. ALL SHOPS WERE REOPENED IN MAY. WE ALSO SET UP A CNC ROUTER WHICH WILL FOSTER WORKFORCE TRAINING IN FUTURE YEARS AS WELL AS HELP LOCAL ENTREPRENEURSHIP. THREE NEW CLASSES WERE PLANNED DURING THIS FISCAL YEAR THAT HAVE SINCE BEEN HELD, WITH ONE RUNNING SEVERAL TIMES. WE ALSO PARTICIPATED FOR THE FIRST TIME IN COMMUNITY PROGRAMMING FOR A NEIGHBORING MAKERSPACE, ASSISTING THEM WITH PUBLIC AWARENESS AND ATTEMPTS TO OBTAIN A LOCATION ON A VETERAN'S CAMPUS. WE WERE PROUD TO CLOSE OUT OUR FISCAL YEAR BY WORKING TO EXPAND THE LOCAL ART TRAIL WE HELPED ESTABLISH IN 2020 SO THAT IT INCLUDED A NEW COMMUNITY CENTER AND TWO ADDITIONAL ARTISTS IN AN UNDERSERVED AREA ENTIRELY NEW TO OUR OUTREACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jared Reynolds President | 2 | $0 | |
Sandra May Secretary | 16 | $0 | |
Andrew Heath Vice President | 4 | $0 | |
Ben Braggins Vice President | 10 | $0 | |
John Cassel Vice President | 10 | $0 | |
Erika Rydberg Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,418 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,763 |
| Investment income | $855 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,153 |
| Other Revenue | $4,527 |
| Total Revenue | $44,716 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,726 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,911 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,075 |
| Total expenses | $54,712 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,516 |
| Other assets | $0 |
| Total assets | $81,010 |
| Total liabilities | $6,975 |
| Net assets or fund balances | $74,035 |