Solo Foundation
- Assets
- $117.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1981
- Data as of
- 12/2021
- EIN
- 11-2547289
Organization Overview
Solo Foundation is located in New York, NY. The organization was established in 1981. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Solo Foundation 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 12/2021, Solo Foundation generated $84.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $102.1k during the year ending 12/2021. While expenses have increased by 12.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND PROMOTE PUBLIC INTEREST IN THE VISUAL AND PERFORMING ARTS
Describe the Organization's Program Activity:
Part 3
WE ADMINISTER FUNDS DIRECTLY TO PROGRAMS THAT WE HELP TO MANAGE. WE HELPED TO FOUND THE OUR STEPS DANCE FOUNDATION AND PAID THEM OUT ALL OF THE FUNDS THAT WE HAD RECEIVED DIRECTLY FOR THEIR ACTIVITES
RESPONDING TO THE COVID CRISIS, WE FOUNDED AND FISCALLY SPONSORED NYC NIGHTLIFE UNITED PAYING OUT GRANTS TO INDIVIDUALS AND VENUE OWNERS OF MUSIC VENUES IN BROOKLYN, NY THAT SUFFERED DIRECTLY FROM THE QUARANTINE.
WE HELPED TO FOUND AND WE FISCALLY SPONORED, FIRST TECH FUND, RAISING CONTRIBUTIONS TO PROVIDE INTERNET ACCESS AND COMPUTER EQUIPMENT TO UNDERPRIVELEGED HIGH SCHOOL STUDENTS IN NEW YORK CITY. THE ORGANIZATION RECEIVED ITS OWN TAX EXEMPTION DURING THE YEAR AND IS NOW INDEPENDENT.
DANIEL PINCHBECK WAS PAID WRITING FEES OF 8750 HELEN MOLESWORTH WAS PAID WRITING FEES OF 5000 THE FERRO GRUMLEY LITERARY AWARDS RECEIVED 1800
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph H Lilly ESQ Secretary | 3 | $0 | |
Howard F Seligman President | 12 | $0 | |
Dmitriy Goykhman CPA Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,486 |
| Total Program Service Revenue | $2,535 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,021 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,465 |
| Total expenses | $102,081 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,141 |
| Other assets | $0 |
| Total assets | $117,786 |
| Total liabilities | $15,000 |
| Net assets or fund balances | $102,786 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Solo Foundation has recieved totaling $9,817.
| Awarding Organization | Amount |
|---|---|
Mission Hill-Fenway Neighborhood Trust Inc Boston, MA PURPOSE: PROGRAM SUPPORT | $9,817 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |