Fund For Women Artist Inc
- Assets
- $608.3k
- Revenue
- $46.4k
- Investments
- $32.0k
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 07/1995
- Data as of
- 06/2022
- EIN
- 04-3257661
Organization Overview
Fund For Women Artist Inc, operating under the name Womenarts, is located in Berkeley, CA. The organization was established in 1995. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Womenarts 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 06/2022, Womenarts generated $46.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $33.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO INCREASE THE VISIBILITY AND OPPORTUNITIES FOR WOMEN ARTISTS. WE PROVIDE FREE INFORMATION AND ADVICE TO ARTISTS THROUGH OUR WEBSITE AND NEWSLETTERS, AND WE COLLABORATE WITH OTHER NON-PROFITS ON AN ANNUAL INTERNATIONAL CELEBRATION CALLED SUPPORT WOMEN ARTISTS NOW DAY/SWAN DAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONLINE RESOURCES: WOMENARTS PROVIDES A VARIETY OF FREE ONLINE SERVICES DESIGNED TO INCREASE THE OPPORTUNITIES & VISIBILITY OF WOMEN ARTISTS. WE MAINTAIN A WEBSITE WITH HUNDREDS OF PAGES OF EDUCATIONAL INFORMATION FOR WOMEN ARTISTS, ARTICLES ABOUT INSPIRING WOMEN ARTISTS AROUND THE WORLD, AND LINKS TO RESEARCH STUDIES AND FUNDING INFORMATION.
COLLABORATIONS WITH OTHER NON-PROFITS: SINCE TIMES ARE HARD FOR SMALL NON-PROFITS LIKE OURS, WE ARE BUILDING ALLIANCES WITH OTHER NON-PROFITS DEDICATED TO WOMEN ARTISTS. WE COLLABORATE WITH OTHER NON-PROFITS ON AN ANNUAL INTERNATIONAL CELEBRATION OF WOMEN ARTISTS IN ALL ART FORMS CALLED SUPPORT WOMEN ARTISTS NOW DAY OR SWAN DAY FOR SHORT, WHICH TAKES PLACE DURING MARCH (WOMEN'S HISTORY MONTH). DURING 2021-22 WE PROVIDED FUNDING TO 6 NON-PROFIT GROUPS THAT ORGANIZED SWAN EVENTS. WE ALSO PROVIDED FUNDING TO THE NON-PROFIT WAM THEATRE, A COMPANY DEDICATED TO PRESENTING WORKS WRITTEN AND DIRECTED BY WOMEN, TO SUPPORT THEIR MOVE TO A NEW OFFICE SPACE.
ARTIST PROJECTS - WE ARE ADMINISTERING A GRANT FROM OPERA AMERICA FOR COMPOSER MARY WATKINS FOR HER OPERA ABOUT CIVIL RIGHTS ACTIVIST, FANNIE LOU HAMER, AND WE HAVE ONE ONGOING FISCAL SPONSORSHIP FOR KAYMARION RAYMOND, A WOMAN WHO IS DOING RESEARCH AND WRITING AS A CULTURAL HISTORIAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Richards President & Director | OfficerTrustee | 10 | $0 |
Christine Young Treasurer & Director | OfficerTrustee | 2 | $0 |
Barbara Schaffer Bacon Secretary & Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,178 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,178 |
| Total Program Service Revenue | $0 |
| Investment income | $29,174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,352 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,330 |
| Grants and other assistance to domestic individuals. | $12,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,898 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $90 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $405 |
| Office expenses | $920 |
| Information technology | $3,805 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,983 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,939 |
| All other expenses | $0 |
| Total functional expenses | $33,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,994 |
| Savings and temporary cash investments | $42,572 |
| Pledges and grants receivable | $3,586 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $655 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $457,474 |
| Investments—other securities | $31,977 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $608,258 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $99,146 |
| Net assets with donor restrictions | $509,112 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $608,258 |
Grants Awarded
Over the last fiscal year, Fund For Women Artist Inc has awarded $28,730 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Cedar City, UT PURPOSE: WomenArts made a grant of $15,100 to StateraArts, a 501(c) (3) non-profit corporation dedicated to women artists. The grant was in support of StateraArts work facilitating Support Women Artists Now Day/SWAN Day 2020 including handling all communication with the artists, maintaining the SWAN Day online calendar and related web pages, and publicizing the SWAN Day events through blogs, social media, and e-newsletters. Our Board President had monthly video meetings with Statera's Executive Director to monitor the use of the funds, and StateraArts provided bi-annual financial statements. | $15,100 |
New York, NY PURPOSE: WomenArts made grants for a total of $7,000 to the Women in the Arts and Media Coalition to support the publication of free monthly newsletters that list upcoming grant deadlines and job opportunities for theatre and film/video artists and to partially subsidize their part-time administrator. | $7,000 |
New York, NY PURPOSE: Womenarts made grants to support 4 Support Women Artists Now Day/SWAN events that were fiscally sponsored by Fractured Atlas - SWAN Day Milwaukee - $1,196; SWAN Day Allegany County - $1,087; SWAN Day CT - $3,260; and SWAN Day Miami - $1,087. | $6,630 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fund For Women Artist Inc has recieved totaling $6,447.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,430 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Endowment Analysis
| Beg. Balance | $563,215 |
| Earnings | -$44,594 |
| Other Expense | $29,170 |
| Ending Balance | $489,451 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Funders Group Berkeley, CA | $23,826,861 | $25,307,328 |
United Way Of Monterey County Monterey, CA | $13,516,071 | $8,095,454 |
Americas Best Charities San Rafael, CA | $10,646,936 | $7,386,195 |
United Way Of San Diego County San Diego, CA | $15,586,637 | $8,439,082 |
United Way Of Lane County Springfield, OR | $6,356,824 | $7,869,717 |
United Way Of Northern California Redding, CA | $4,668,549 | $4,887,789 |
Northern California Grantmakers San Francisco, CA | $6,839,491 | $6,676,722 |
Jewish Federation Of San Diego County San Diego, CA | $21,912,767 | $5,847,982 |
San Diego Christian Foundation Inc San Diego, CA | $2,448,206 | $5,369,713 |
United Way Of The Mid-Willamette Valley Salem, OR | $5,554,350 | $5,986,237 |
Jewish Federation And Family Services Of Orange County Irvine, CA | $13,584,328 | $5,181,457 |
Irving I Moskowitz Foundation Hawaiian Gardens, CA | $48,635,959 | $3,252,749 |