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Connecticut · Nonprofit

MYSTIC CHAMBER OF COMMERCE INC

MYSTIC CHAMBER OF COMMERCE INC (Connecticut) receives grants from 3 organizations whose IRS filings report $149,389 to it, the largest being SEA RESEARCH FOUNDATION INC ($96,339). 2 of them have funded it in more than one year.

Revenue FY2024
$727k
Funders on record
3
Grants received
$149k
Net assets
$263k
2/3 repeat funderspeak grant-dependency 12%
01What it does

What Mystic Chamber of Commerce Inc does

Mission

The organization's mission is to foster and promote business for members and to play an active role in the community, bringing together the towns of stonington and groton, connecticut, and to address concerns of the mystic business community.

As stated on its FY2024 Form 990.

Programs

  1. Sponsor local festivals that allow area business to display their products and services and organize business meetings and functions to foster education of the members and to provide networking opportunites for members.

  2. Sponsor local festivals which allow area business to display their products or services and organize business meetings and functions to forster education of the members and to provide networking opportunities for members.

The 2 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($270k) Expenses 100 ($262k) Net assets -1 ($-993)2018 Revenue 114 ($308k) Expenses 127 ($333k) Net assets -28 ($-25991)2019 Revenue 102 ($275k) Expenses 101 ($265k) Net assets -4 ($-3369)2020 Revenue 94 ($255k) Expenses 61 ($159k) Net assets 100 ($92k)2021 Revenue 139 ($374k) Expenses 101 ($265k) Net assets 219 ($202k)2022 Revenue 251 ($677k) Expenses 245 ($642k) Net assets 243 ($223k)2023 Revenue 235 ($634k) Expenses 244 ($639k) Net assets 222 ($204k)2024 Revenue 270 ($727k) Expenses 255 ($669k) Net assets 286 ($263k)
'17'18'19'20'21'22'23'24
Revenue (270)Expenses (255)Net assets (286)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $145k to $244k (+68%).

$93k
$86k
$79k
$145k
$244k
$225k
$210k
$266k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 0% · 2022 2%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$8k
’17
−$25k
’18
$10k
’19
$95k
’20
$110k
’21
$35k
’22
−$5k
’23
$59k
’24
4.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Amanda Arling

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed191919175555
Joined·+6+0+8+1+0+1+0
No longer listed·601013010
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $15k → $29k.

Funder
'17
'18
'19
'20
'21
'23
total
funders
1
1
3
2
1
1

From the IRS filings of MYSTIC CHAMBER OF COMMERCE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MYSTIC CHAMBER OF COMMERCE INC leans on a few funders — its largest provides 64% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MYSTIC CHAMBER OF COMMERCE INC.

64%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 73% · 2020 83% · 2021 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of MYSTIC CHAMBER OF COMMERCE INC's grant income comes from Connecticut funders.

CT

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’23
Connecticut out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like MYSTIC CHAMBER OF COMMERCE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for MYSTIC CHAMBER OF COMMERCE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MYSTIC CHAMBER OF COMMERCE INC?
MYSTIC CHAMBER OF COMMERCE INC (Connecticut) receives grants from 3 organizations whose IRS filings report $149,389 to it, the largest being SEA RESEARCH FOUNDATION INC ($96,339). 2 of them have funded it in more than one year.
How many funders does MYSTIC CHAMBER OF COMMERCE INC have?
IRS filings report 3 organizations giving $149,389 in grants to MYSTIC CHAMBER OF COMMERCE INC, 2 of which have funded it in more than one year.
Who is the largest funder of MYSTIC CHAMBER OF COMMERCE INC?
SEA RESEARCH FOUNDATION INC is the largest funder on record, with $96,339 in grants. The full list of funders is on this page.
How can an organization like MYSTIC CHAMBER OF COMMERCE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Mystic Chamber of Commerce →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing