Spirit Of Somerset Inc is located in Somerset, MA. The organization was established in 2019. 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. Spirit Of Somerset 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 12/2023, Spirit Of Somerset Inc generated $56.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $49.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Berube President | 10 | $7,500 | |
Kim Berube Treasurer | 5 | $0 | |
Rebecca Tavares Clerk | 5 | $0 | |
Jeffrey Furtado Director | 2 | $0 | |
Robert Ganem Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $23,000 |
Total Program Service Revenue | $33,691 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56,691 |
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 | $8,236 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $772 |
Other expenses | $39,392 |
Total expenses | $49,200 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $44,891 |
Other assets | $0 |
Total assets | $56,697 |
Total liabilities | $0 |
Net assets or fund balances | $56,697 |