Maurice Sendak Foundation Inc
- Assets
- $41.8m
- Revenue
- $1.0m
- Investments
- $12.4m
- Employees
- 0
- Location
- Ridgefield, CT
- Founding
- 08/1995
- Data as of
- 12/2023
- EIN
- 13-3807627
Organization Overview
Maurice Sendak Foundation Inc is located in Ridgefield, CT. The organization was established in 1995. 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. Maurice Sendak 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 12/2023, Maurice Sendak Foundation Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 8 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.
Since 2015, Maurice Sendak Foundation Inc has awarded 70 individual grants totaling $2,519,252. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAURICE SENDAK FOUNDATION PROMOTES THE ARTISTIC LEGACY OF MAURICE SENDAK BY ENSURING HIS BOOKS ARE IN PRINT AND READILY AVAILABLE IN IDEAL EDITIONS, BY PRESERVING HIS HOME AND STUDIO AND BY EXHIBITING HIS ORIGINAL ART. WE NURTURE ILLUSTRATORS AND WRITERS IN THE FIELD OF CHILDREN'S LITERATURE, ESPECIALLY SUPPORTING EXCELLENCE IN THE ART OF THE PICTURE BOOK. DURING 2023, THE FOUNDATION FURTHERED THIS GOAL THROUGH ITS CONTINUED SUPPORT OF A RETROSPECTIVE EXHIBITION OF MAURICE SENDAK'S ART CALLED "WILD THINGS ARE HAPPENING: THE ART OF MAURICE SENDAK" THAT IS NOW SCHEDULED FOR SPRING/SUMMER OF 2024 AT THE SKIRBALL CULTURAL CENTER IN LOS ANGELES, CA AND THEN IN OCTOBER 2024 AT THE DENVER MUSEUM OF ART IN DENVER, CO. THE FOUNDATION ALSO CONTINUED THE SENDAK FELLOWSHIP, THE YEARLY RESIDENCY PROGRAM THAT ENCOURAGES, TEACHES AND SUPPORTS ARTISTS WHO TELL STORIES WITH ILLUSTRATION.
CONTINUATION FROM ABOVE...THE SENDAK HOUSE AND ARCHIVE HOUSES THE COMPLETE COLLECTION OF SENDAK'S BOOKS AND ART AND SENDAK'S COLLECTION OF WORKS BY OTHER ARTISTS. IT ALSO CONTAINS ILLUSTRATIONS, MANUSCRIPTS, BOOKS AND RELATED MATERIALS THAT REPRESENT A WIDE RANGE OF SENDAK'S VISUAL CREATIVE OUTPUT. THE FOUNDATION CONTINUES ITS EFFORTS TO INVENTORY ALL OF THE ART, OBJECTS AND BOOKS IN SENDAK HOUSE AND ARCHIVE. THE SENDAK HOUSE AND ARCHIVE IS A RESOURCE AND RESEARCH CENTER FOR CURATORS, SCHOLARS AND ARTISTS.
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 |
|---|---|---|---|
Lynn Caponera President/treasurer/executive Director | 45 | $227,291 | |
Dona Ann Mcadams Secretary | 1 | $0 | |
Michael Di Capua Director | 1 | $0 | |
Aaron Cohen Director | 1 | $0 | |
Sergio Ruzzier Director | 1 | $0 | |
Josh Siegel Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Simpson Thacher & Bartlett Llp | 12/30/23 | $127,036 |
Night Kitchen Studios Llc | 12/30/23 | $92,500 |
The Wylie Agency Llc | 12/30/23 | $53,456 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $397 |
| Interest on Savings | $0 |
| Dividends & Interest | $365,410 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$508,729 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,167,028 |
| Total Revenue | $1,024,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $227,291 |
| Other employee salaries and wages | $282,594 |
| Pension plans, employee benefits | $62,617 |
| Interest | $0 |
| Taxes | $55,449 |
| Depreciation | $98,994 |
| Occupancy | $160,487 |
| Travel, conferences, and meetings | $24,604 |
| Printing and publications | $2,749 |
| Other expenses | $332,249 |
| Total operating and administrative expenses | $1,668,029 |
| Contributions, gifts, grants paid | $56,204 |
| Total expenses and disbursements | $1,724,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,470 |
| 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 | $49,969 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,266,611 |
| Net Land, buildings, and equipment | $2,233,362 |
| Other assets | $26,807,405 |
| Total assets | $41,847,230 |
| 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 | $11,317 |
| Total liabilities | $11,317 |
Grants Awarded
Over the last fiscal year, Maurice Sendak Foundation Inc has awarded $56,204 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
FREEDOM FARM ANIMAL SANCTUARY PURPOSE: GENERAL SUPPORT | $1,000 |
COLUMBUS MUSEUM OF ART PURPOSE: GENERAL SUPPORT | $10,000 |
THE CORPORATION OF YADDO PURPOSE: TO FURTHER THE CREATIVE PROCESS BY PROVIDING AN OPPORTUNITY FOR ARTISTS TO WORK WITHOUT INTERRUPTION IN A SUPPORTIVE ENVIRONMENT. | $11,000 |
THE EDWARD GOREY HOUSE PURPOSE: GENERAL SUPPORT | $500 |
ARTIST FELLOWSHIP INC PURPOSE: GENERAL SUPPORT | $275 |
ACCESS BOOKS PURPOSE: GENERAL SUPPORT | $5,000 |