EIN 56-1728718

Scrap Exchange

IRS 501(c) type
501(c)(3)
Num. employees
54
City
Year formed
1991
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Scrap Exchange promotes creativity, environmental awareness, and community through reuse. The retail store in Durham sells ideas and materials relating to industrial discards and other pre-consumer and post-consumer waste materials collected from businesses, industries, and individuals. The store is open to the public 7 days a week. They also conduct workshops for teachers and students on how to create teaching aids and art using industrial discards.
Total revenues
$1,592,667
2022
Total expenses
$2,004,823
2022
Total assets
$7,180,432
2022
Num. employees
54
2022

Program areas at Scrap Exchange

Retail store in durham, nc sells ideas and materials relating to industrial discards and other pre-consumer and post-consumer waste materials. Inventory is donated and collected from business and industries as well as individuals.
Workshops showing teachers and students how to create teaching aids and arts using industrial discards.
Events, parties, and classes showing children and adults creative ways of using industrial discards.
Reuse arts district: property and asset management of 10 acres and 80,000 sf commercial space for various tenants in connection with Scrap Exchange mission of art and reuse. Consideration of development of the property in manner to continue support for rad, the Scrap Exchange and lakewood/durham is ongoing.

Who funds Scrap Exchange

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Durham Arts CouncilSeason Grant - Annual Operations$6,353
The Durham Arts Council"big Night In" Grant - Covid Losses$1,000
AmazonSmile FoundationGeneral Support$43

Personnel at Scrap Exchange

NameTitleCompensation
Laura NicholsonExecutive Director$83,069
Rebecca CurrieActing Finance Director$22,636
Wendy SmithDevelopment and Finance Director
Tatyana KasperovichCommunity Engagement Director
Nicholson ExecutiveDirector
...and 20 more key personnel

Financials for Scrap Exchange

RevenuesFYE 12/2022
Total grants, contributions, etc.$41,465
Program services$1,547,328
Investment income and dividends$365
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,509
Total revenues$1,592,667

Form 990s for Scrap Exchange

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122023-01-18990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
2018-122020-01-28990View PDF
...and 8 more Form 990s

Organizations like Scrap Exchange

OrganizationLocationRevenue
Turnip Green Creative ReuseNashville, TN$1,359,265
Reconsidered GoodsGreensboro, NC$770,582
Recycle UtahPark City, UT$701,790
Youth Fair ChanceIndianapolis, IN$1,183,717
Finger Lakes ReUseIthaca, NY$3,196,635
Yampa Valley Sustainability CouncilSteamboat Springs, CO$972,096
Austin Creative ReuseAustin, TX$948,629
High Country Conservation CenterFrisco, CO$1,397,385
Cincinnati Recycling & Reuse HubCincinnati, OH$466,391
Clever OctopusSalt Lake City, UT$511,573
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 26, 2023
Received grants
Identified 3 new grant, including a grant for $15,000 from Dan Cameron Family Foundation
June 24, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 17, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Environmental organizationsMuseumsCharities
Issues
RecyclingEnvironment
Characteristics
State / local levelCommunity engagement / volunteeringTax deductible donations
General information
Address
2050 Chapel Hill Rd
Durham, NC 27707
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Website URL
scrapexchange.org/ 
Phone
(919) 688-6960
Facebook page
thescrapexchange 
Twitter profile
@scrapexchange 
IRS details
EIN
56-1728718
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C27: Recycling Programs
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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