International Melges 24 Class Association Inc is located in Rocky Hill, CT. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Melges 24 Class Association 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, International Melges 24 Class Association Inc generated $51.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $34.3k during the year ending 12/2021. While expenses have increased by 21.5% per year over the past 2 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.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $34,373 |
Membership dues | $17,085 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $51,458 |
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 | $26,244 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,095 |
Total expenses | $34,339 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,521 |
Other assets | $0 |
Total assets | $33,521 |
Total liabilities | $0 |
Net assets or fund balances | $33,521 |
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