Tee & Charles Addams Foundation
- Assets
- $0.0
- Revenue
- $2.1m
- Investments
- $310.1k
- Employees
- 0
- Location
- Sagaponack, NY
- Founding
- 01/2000
- Data as of
- 12/2020
- EIN
- 11-3506582
Organization Overview
Tee & Charles Addams Foundation is located in Sagaponack, NY. The organization was established in 2000. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tee & Charles Addams 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 12/2020, Tee & Charles Addams Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 44.8% each year . All expenses for the organization totaled $753.8k during the year ending 12/2020. While expenses have increased by 16.7% per year over the past 3 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATING THE PUBLIC EXHIBITION - CHARLES ADDAMS: FAMILY AND FRIENDS-11/1/21 TO 2/28/22 AT COMIC-CON MUSEUM, 2131 PAN AMERICAN PLAZA, SAN DIEGO, CALIFORNIA 92101. 1,310 IN ATTENDANCE. NO COST ALLOCATED
EDUCATING THE PUBLIC EXHIBITION - CHARLES ADDAMS: CARTOONING FOR KIDS, GRADUATION AND OPEN HOUSE WAS CACELLED DUE TO COVID-19. NO COST ALLOCATED.
EDUCATING THE PUBLIC EXHIBITION - ADDAMFEST: WESTFIELD CELEBRATES CHARLES ADDAMS EXHIBITION ON 10/1/21 - 11/13/21 AT THE RIALTO THEATRE, 250 EAST BROAD STREET, WESTFIELD, NJ. A TOTAL OF 1633 ATTENDED IN PERSON. NO COST ALLOCATED.
EDUCATING THE PUBLIC EXHIBITION - VISITORS TO THE FOUNDATION AT THE TEE AND CHARLES ADDAMS FOUNDATION IN SAGAPONACK, NY. THIS WAS CANCELLED DUE TO COVID-19. NO COST ALLOCATED
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,475 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $1,737 |
| Other Income | $2,107,016 |
| Total Revenue | $2,119,228 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $325,000 |
| Pension plans, employee benefits | $28,429 |
| Depreciation | $38,820 |
| Occupancy | $122,257 |
| Travel, conferences, and meetings | $2,332 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $725,611 |
| Contributions, gifts, grants paid | $28,175 |
| Total expenses and disbursements | $753,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,053 |
| Investments—mortgage loans | $0 |
| Investments—other | $310,050 |
| Other assets | $8,558,762 |
| Mortgages and other notes payable | $944,326 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tee & Charles Addams Foundation has awarded $65,398 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WESTFIELD ARTS COLLECTIVE PURPOSE: GENERAL | $40,298 |
HAMPTONS DOC FESTIVAL PURPOSE: GENERAL | $20,000 |
Washington, DC PURPOSE: GENERAL | $5,000 |
Pleasantville, NY PURPOSE: GENERAL | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carnegie Institute Pittsburgh, PA | $541,460,866 | $82,217,609 |
Peabody Essex Museum Inc Salem, MA | $834,878,169 | $57,993,478 |
The Corning Museum Of Glass Corning, NY | $73,662,076 | $31,481,253 |
Intrepid Museum Foundation Inc New York, NY | $107,274,514 | $23,304,017 |
Jewish Museum New York, NY | $170,221,432 | $22,874,963 |
Mystic Seaport Museum Inc Mystic, CT | $122,267,932 | $26,794,983 |
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
Newark Museum Association Newark, NJ | $64,370,892 | $11,736,749 |
Brandywine Conservancy & Museum Of Art Chadds Ford, PA | $159,611,083 | $25,949,606 |
The Studio Museum In Harlem New York, NY | $153,708,532 | $40,471,884 |