The Viola Fund
- Assets
- $6.3m
- Revenue
- $95.2k
- Investments
- $5.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1987
- Data as of
- 12/2022
- EIN
- 13-3398045
Organization Overview
The Viola Fund is located in New York, NY. The organization was established in 1987. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Viola Fund 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, Viola Fund generated $95.2k 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 (38.4%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Viola Fund has awarded 158 individual grants totaling $10,585,847. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abby Leigh Trustee, As Required | 0 | $0 | |
Rebecca Leigh Trustee, As Required | 0 | $0 | |
David Leigh Trustee, As Required | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $67,821 |
| Interest on Savings | $0 |
| Dividends & Interest | $178,536 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$151,108 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $95,249 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,546 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,297 |
| Total operating and administrative expenses | $72,843 |
| Contributions, gifts, grants paid | $2,142,692 |
| Total expenses and disbursements | $2,215,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,050,569 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,181,408 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,288,591 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Viola Fund has awarded $2,142,692 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CITIZEN UNION FOUNDATION PURPOSE: GENERAL | $1,500 |
CORNELL-WEILL HOSPITAL PURPOSE: GENERAL | $10,000 |
ENVIRONMENTAL DEFENSE FUND PURPOSE: GENERAL | $1,010,000 |
METROPOLITAN OPERA PURPOSE: GENERAL | $30,000 |
NATIONAL PARKS OF NY HARBOR CONSERVANCY PURPOSE: GENERAL | $2,000 |
PLAN A HEALTH PURPOSE: GGENERAL | $5,000 |