Merce Cunningham Trust
- Assets
- $8.4m
- Revenue
- $277.4k
- Investments
- $7.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/2002
- Data as of
- 12/2022
- EIN
- 01-6186903
Organization Overview
Merce Cunningham Trust is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merce Cunningham Trust 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 12/2022, Merce Cunningham Trust generated $277.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Merce Cunningham Trust has awarded 110 individual grants totaling $1,203,004. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
LICENSING THE TRUST LICENSES MERCE CUNNINGHAM CHOREOGRAPHY TO PROFESSIONAL COMPANIES AND EDUCATIONAL INSTITUTIONS IN ORDER TO ENSURE THAT HIS WORK CONTINUES TO BE SEEN BY THE PUBLIC AND LEARNED BY DANCERS AS PART OF THEIR TRAINING.
CLASSES AND WORKSHOPS CLASSES IN CUNNINGHAM TECHNIQUE ARE OFFERED DAILY AND ARE OPEN TO THE PUBLIC, ALLOWING PROFESSIONAL AND OTHER DANCERS TO CONTINUE THEIR TRAINING IN THIS TECHNIQUE. THE TRUST OFFERS WORKSHOPS TO PROFESSIONAL AND ASPIRING DANCERS THAT ALLOW THEM TO EXPERIENCE THE CUNNINGHAM REPERTORY WITHOUT HAVING TO DANCE FOR A COMPANY. THESE WORKSHOPS ALSO COMPRISE CHOREOGRAPHIC RESEARCH OPPORTUNITIES FOR CUNNINGHAM STAGERS AND FOR THE PUBLIC TO SEE AND UNDERSTAND CUNNINGHAM'S PROCESS AND WORK.
ARCHIVES AND MEDIA MAINTAINING A COMPLETE ARCHIVE OF CUNNINGHAM'S WORK, WRITINGS, AND LEGACY OFFER RESEARCH AND MATERIALS FOR THE PUBLIC RELATED TO CUNNINGHAM'S LEGACY. THE TRUST ADDITIONALLY CREATES MEDIA DRAWING FROM THE ARCHIVES AS PART OF ITS EDUCATIONAL AND ONGOING EFFORTS TO KEEP THE LEGACY ACCESSIBLE TO THE PUBLIC.
RESEARCH AND CREATIVE THE TRUST SUPPORTS RESEARCH AND CREATIVE ACTIVITY RELATED TO THE LEGACY OF MERCE CUNNINGHAM TO FURTHER THE PUBLIC'S KNOWLEDGE AND UNDERSTANDING OF HIS WORK AND ITS IMPACT ON CULTURE AND CREATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Tabachnick Executive Director | 40 | $182,954 | |
Patricia Lent Trustee And Director Of Licensing | 40 | $110,333 | |
Allan Sperling Trustee | 1 | $0 | |
Robert Swinston Trustee | 1 | $0 | |
Jeffrey Seroy Trustee | 1 | $0 | |
Rashaun Mitchell Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,194 |
| Interest on Savings | $1 |
| Dividends & Interest | $183,430 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$25,948 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105,678 |
| Total Revenue | $277,355 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $293,287 |
| Other employee salaries and wages | $227,301 |
| Pension plans, employee benefits | $70,886 |
| Interest | $0 |
| Taxes | $1,481 |
| Depreciation | $34,973 |
| Occupancy | $37,460 |
| Travel, conferences, and meetings | $31,478 |
| Printing and publications | $2,334 |
| Other expenses | $161,539 |
| Total operating and administrative expenses | $977,567 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $1,017,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $234,583 |
| Savings and temporary cash investments | $125,415 |
| Net Accounts receivable | $4,885 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,810 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,921,771 |
| Net Land, buildings, and equipment | $42,962 |
| Other assets | $8,683 |
| Total assets | $8,358,109 |
| Accounts payable and accrued expenses | $9,782 |
| Grants payable | $0 |
| Deferred revenue | $8,750 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,010 |
| Total liabilities | $25,542 |
Grants Awarded
Over the last fiscal year, Merce Cunningham Trust has awarded $60,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Purchase, NY PURPOSE: TO SUPPORT COURSES IN MODERN TECHNIQUE AND MODERN REPERTORY WITHIN THE PURCHASE COLLEGE CONSERVATORY OF DANCE. | $25,000 |
Purchase, NY PURPOSE: TO SUPPORT COURSES IN MODERN TECHNIQUE AND MODERN REPERTORY WITHIN THE PURCHASE COLLEGE CONSERVATORY OF DANCE. | $15,000 |
ALEXZANDER LARSON PURPOSE: TO OFFER FINANCIAL AND OTHER SUPPORT TO A BIPOC DANCER AS THEY TRANSITION FROM THEIR ACADEMIC TRAINING INTO THE PROFESSIONAL WORLD. | $10,000 |
MORGAN AMIRAH BURNS PURPOSE: TO OFFER FINANCIAL AND OTHER SUPPORT TO A BIPOC DANCER AS THEY TRANSITION FROM THEIR ACADEMIC TRAINING INTO THE PROFESSIONAL WORLD. | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Merce Cunningham Trust has recieved totaling $116,250.
| Awarding Organization | Amount |
|---|---|
Fractured Atlas Inc New York, NY | | $116,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace Farms Foundation New Canaan, CT | $127,278,874 | $14,337,032 |
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |