Raoul Hague Foundation Inc
- Assets
- $1.4m
- Revenue
- $34.7k
- Investments
- $224.0k
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1994
- Data as of
- 12/2022
- EIN
- 13-3759863
Organization Overview
Raoul Hague Foundation Inc is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (T31) the organization is classified as: Community 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. Raoul Hague Foundation Inc 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, Raoul Hague Foundation Inc generated $34.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $19.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS CONDUCTING LONG OVERDUE MAINTENANCE WORK. OUTREACH IS UNDERWAY TO RESUME THE FOUNDATION'S DONATION AND EXHIBITION ACTIVITIES AFTER COMPLETING ADDITIONAL MAINTENANCE AND ORGANIZING PROJECTS, INCLUDING THE REDESIGN AND LAUNCH OF A NEW WEBSITE. THE FOUNDATION FACES AN URGENT NEED TO ADDRESS SCULPTURE CONSERVATON AND PRESERVATION CHALLENGES. THIS EFFORT WILL BE COSTLY AND THE FOUNDATION IS PREPARING FOR ADVANCING SUPPORT FOR ITS MISSION IN THE UPSTATE NEW NEW YORK ARTS COMMUNITY IN 2023.SEVERAL LOCAL INSTITUTIONS, INCLUDING THE NEW YORK STATE MUSEUM OF THE ARTS, THE ALBANY ART INSTITUTE AND THE WOODSTOCK ARTISTS ASSOCIATION MUSEUM, ARE CANDIDATES FOR DONATIONS AS SOON AS THE FOUNDATION IS IN A POSITIION TO RESUME THE DONATION PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janis Ekdahl President | 1 | $0 | |
Donna Harkavy Secretary/treas | 1 | $0 | |
Holly Hughes Director | 1 | $0 | |
Amy Wolf Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,203 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$637 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $153 |
| Total Revenue | $34,719 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $150 |
| Depreciation | $1,220 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,063 |
| Total operating and administrative expenses | $18,983 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $18,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,046 |
| 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 | $0 |
| Net Land, buildings, and equipment | $166,043 |
| Other assets | $1,020,000 |
| Total assets | $1,447,125 |
| 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 |