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NATURAL STONE INSTITUTE

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Public IRS 990 nonprofit record

NATURAL STONE INSTITUTE

EIN 38-2817639 · Professional Athletic Leagues (N80)

What they do

SEE SCHEDULE O for COMPLETE DESCRIPTION.THE NATURAL STONE INSTITUTES MISSION STATEMENT IS: to LEAD, SUPPORT, and PROMOTE A UNIFIED NATURAL STONE INDUSTRY THROUGH AUTHORITIVE INFORMATION, EDUCATION, STANDARDS, and ADVOCACY. ADDITIONALLY, ITS CORE VALUES INCLUDE LEADERSHIP, STEWARDSHIP, COLLABORATION, and PROFESSIONALISM.THE NATURAL STONE INSTITUTE (NSI) WAS FORMED IN 2018 AS A MERGER of THE MARBLE INSTITUTE of AMERICA (MIA) and THE BUILDING STONE INSTITUTE (BSI). THE BUILDING STONE INSTITUTE WAS FORMED IN 1894 AS THE INTERNATIONAL CUT STONE CONTRACTORS and QUARRYMENS ASSOCIATION; THE NAME WAS CHANGED to THE BUILDING STONE INSTITUTE IN 1955. ESTABLISHED IN 1903 AS THE NATIONAL ASSOCIATION of MARBLE DEALERS, THE MARBLE INSTITUTE of AMERICA OFFICIALLY FORMED IN 1944, WHEN THE ASSOCIATION MERGED WITH THE NATIONAL ASSOCIATION of MARBLE PRODUCERS. IN 1962, THE NATIONAL ASSOCIATION of MARBLE BUILDERS MERGED WITH MARBLE INSTITUTE of AMERICA.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $42.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

42.54%of revenue went to mission work42.6% of expenses · Program services
$99.92spent for every $100 of revenueRevenue covered expenses this year.
$1.11in assets for every $1 spent this yearSome assets cannot be spent right away.
40.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $256,314 for JAMES HIEB (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,921,514
Mission workProgram services$1,668,14042.54% of revenue42.6% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$3,2090.08% of revenueShown in gray on the chart
Total expenses$3,918,30599.92% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 42.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.92% of revenue
2023Expense mix: 44.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.13% of revenue
2022Expense mix: 40.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 91.76% of revenue
2021Expense mix: 36.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 87.76% of revenue
2020Expense mix: 37.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.54% of revenue
2019Expense mix: 40.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 101.75% of revenue

Money in and money out

Revenue$3,921,514
Expenses$3,918,305
Annual surplus $3,209 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,668,140 · 42.6% of expenses
See all reported dollar amounts
Revenue$3,921,514
Expenses$3,918,305
Assets$4,338,344
Income$4,531,019
Contributions$1,599,003
Mission work (program services)$1,668,140
Stocks and bonds$3,173,836
Accounting fees$14,360
Investing fees$18,386
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JAMES HIEBCHIEF EXECUTIVE OFFICER · 40 hrs/week $256,314Base $232,889 · Other $23,425
DUANE NAQUINIMMEDIATE PAST PRESIDENT · 1 hrs/week $800

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

JAMES HIEBCHIEF EXECUTIVE OFFICER

DUANE NAQUINIMMEDIATE PAST PRESIDENT

ALEXANDRA NIEDBALSKIDIRECTOR

AMIT GUPTADIRECTOR

BLAKE CHRISTENSENSECRETARY

DARRELL PETITDIRECTOR

EVAN COHENVICE PRESIDENT/PRESIDENT-ELECT

FILIPPO EMANUELDIRECTOR

IRINI PAPAGIANNOULIDIRECTOR

JEFF ERICKSONTREASURER

KATIE JENSENPRESIDENT

KIM DUMAISDIRECTOR

SAL BANCHITTADIRECTOR

SAM ARCOTDIRECTOR

About this charity

Recognized since
January 1990
Location
380 E LORAIN STREET, OBERLIN, OH 44074
County
Lorain
In care of
JAMES HIEB
Primary officer
JAMES HIEB, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BARNES WENDLING CPAS INC
NTEE classification
Professional Athletic Leagues (N80)
IRS tax category
Professional Athletic Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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