NonprofitsThe Scrap Exchange Inc

Environment

The Scrap Exchange Inc

DURHAM, NC

Total revenue

$2.8M

Total expenses

$2.9M

Net assets

Grants received

$210K

11 grants

EIN

561728718

Tax year

2024

Mission

To promote creativity, environmental awareness, and community through reuse.

Programs

2 programs

Events, parties, & classes:educational workshops and outreach programming:the organization delivers hands-on creative arts programming through workshops, school visits, festivals, and community events. These programs utilize reclaimed materials to teach environmental awareness and foster creativity among children, youth, and adults. In 2024, scrap exchange partnered with community organizations and served individuals through outreach events, trainings, and educational activities.make n' take room and on-site programming:the make n' take room provides drop-in crafting opportunities, birthday parties, field trips, and team-building events using reusable materials. Participants engage in open-ended creative exploration with access to a wide variety of supplies. In 2024, the program welcomed more than 80 field trip groups and private rentals, fostering imaginative play and promoting environmental stewardship.

Expenses: $128K

Reuse arts district and property stewardship:scrap exchange manages approximately 10 acres and 80,000 square feet of commercial space in durham's lakewood shopping center as part of its reuse arts district initiative. This space supports artists, small businesses, and community organizations aligned with the mission of promoting creativity and reuse. The organization provides affordable rent, maintains facilities, and continues to develop the district as a hub for cultural and environmental innovation.

Expenses: $923K

Financials

FY 2024

Revenue

Contributions & grants$130K
Program service revenue$2.6M
Investment income$75K
Other revenue$4K
Total revenue$2.8M

Expenses

Grants paid
Salaries & benefits$1.4M
Fundraising$14K
Other expenses$1.5M
Total expenses$2.9M
Total assets$6.9M
Net assets

People

6 listed

NameRoleCompensation

HEATHER A COOK

EXECUTIVE DIRECTOR

Board

$94K

40 hrs/wk

MICAH KORDSMEIER

PRESIDENT

Board

2 hrs/wk

WHITNEY STANLEY

VICE PRESIDENT

Board

2 hrs/wk

TOM DAWSON

SECRETARY

Board

2 hrs/wk

ANNA ANEJA

TREASURER

Board

2 hrs/wk

STACEY KIRBY

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$5K
ENVIRONMENTAL AND ANIMALS
2023
$10K
GENERAL SUPPORT
2022
$6K
SEASON GRANT - ANNUAL OPERATIONS
2021
$1K
"BIG NIGHT IN" GRANT - COVID LOSSES
2021
$25K
Creative ReuseArt Center
2020
$16K
BUILDING A DARKROOM FOR MAKER SPACE
2020
$11K
ANNUAL OPERATIONS, NC CARES COVID RELIEF, BIG NIGHT COVID RELIEF
2020
$66K
GENERAL PURPOSE
2019
$55K
GENERAL PURPOSE
2018
$10K
For grant recipient's exempt purposes
2018
$5K
OPERATING SUPPORT
2017

Funded by

$210K from 7 funders · 11 grants · 2017–2023

Triangle Community Foundation Inc

$121K · 2 grants · 2018–2019

Dan Cameron Family Foundation Inc

$25K · 1 grant · 2020

The Durham Arts Council Inc

$23K · 4 grants · 2017–2021

Duke University

$10K · 1 grant · 2022

Details

EIN561728718
NTEE codeC200
Subsection03
Ruling date1991-07
Formed1991
Employees76
Volunteers500
THE SCRAP EXCHANGE INC — Mission, Financials & Grants Received | Grantivo