International Organization Of Lace Inc
- Assets
- $305.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 01/1981
- Data as of
- 06/2021
- EIN
- 84-0824544
Organization Overview
International Organization Of Lace Inc is located in Alexandria, VA. The organization was established in 1981. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. International Organization Of Lace 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 06/2021, International Organization Of Lace Inc generated $69.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $39.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (20.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DISTRIBUTION, PRESERVATION AND CONTRIBUTION OF LACES, BOOKS, AND MATERIAL WHICH ARE DEEMED TO BE EDUCATION TO THE COMMUNITY AND THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Mathers Vice President | 1 | $0 | |
Sandra Maier Recording Secretary | 1 | $0 | |
Maria Provencher President | 1 | $0 | |
Deborah Van Dieren Corresponding Secretary | 1 | $0 | |
Nancy Razzino Treasurer | 1 | $0 | |
Karen Hickman Membership Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,852 |
| Total Program Service Revenue | $10,941 |
| Membership dues | $51,256 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,065 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $24,408 |
| Other expenses | $15,043 |
| Total expenses | $39,451 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $295,538 |
| Other assets | $0 |
| Total assets | $305,538 |
| Total liabilities | $0 |
| Net assets or fund balances | $305,538 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Links Trust Washington, DC | $8,914,003 | $10,793,468 |
Maymont Foundation Richmond, VA | $38,971,207 | $5,423,725 |
The Lynnwood Foundation Charlotte, NC | $21,387,443 | $5,860,754 |
The Heritage Foundation Of Williamson County Tn Franklin, TN | $23,589,168 | $5,101,900 |
Classical American Homes Preservation Trust Hillsborough, NC | $132,123,539 | $8,113,151 |
Andrew Jackson Foundation Hermitage, TN | $11,010,285 | $4,320,645 |
National Archives Foundation Washington, DC | $14,544,421 | $8,935,036 |
Memphis Chapter For Preservation Of Tennessee Antiquities Nashville, TN | $7,377,257 | $4,193,595 |
House Of The Temple Historic Preservation Foundation Inc Washington, DC | $31,687,828 | $5,822,669 |
Historic Annapolis Inc Annapolis, MD | $11,216,187 | $4,170,932 |
The George Washington Foundation Fredericksburg, VA | $39,220,156 | $2,847,343 |
Supreme Court Historical Society The Society Washington, DC | $17,156,338 | $2,945,998 |