Maurice Sendak Foundation Inc
- Assets
- $56.6m
- Revenue
- $3.7m
- Investments
- $13.6m
- Employees
- 0
- Location
- Ridgefield, CT
- Founding
- 08/1995
- Data as of
- 12/2021
- 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 12/2021, Maurice Sendak Foundation Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 12.4% 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.
Since 2015, Maurice Sendak Foundation Inc has awarded 34 individual grants totaling $1,139,035. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAURICE SENDAK FOUNDATION IS DEVOTED TO PROMOTING GREATER PUBLIC INTEREST IN AND THE UNDERSTANDING OF THE LITERARY, VISUAL,AND PERFORMING ARTS. DURING 2018, THIS GOAL WAS MET BY COMPLETING WORK ON THE SENDAK HOUSE AND ARCHIVE. THE ARCHIVE CONTAINS ILLUSTRATIONS, MANUSCRIPTS AND RELATED MATERIALS THAT REPRESENT A WIDE RANGE OF SENDAK'S VISUAL CREATIVE OUTPUT. IT ALSO HOUSES SENDAK'S ART COLLECTION. DURING 2019, THE PRESIDENT OF THE MAURICE SENDAK FOUNDATION, LYNN CAPONERA DID APPROVE AN OVERALL INVENTORY OF THE ART AND OBJECTS IN THE SENDAK HOME. IN ADDITION, MAURICE SENDAK'S EARLY PAINTINGS, WHICH WERE NOT WELL-MAINTAINED DURING HIS LIFETIME, ARE UNDERGOING EFFORTS TO CONSERVE AND STABILIZE HIS EARLY WORKS OF ART. A CATALOGUING OF SENDAK'S COLLECTION OF BOOKS IS ALSO ONGOING. ALL OF THESE EFFORTS ARE MEANT TO IMPROVE THE SENDAK HOUSE & ARCHIVE IN TIME FOR ITS SCHEDULED OPENING IN MID-2022.IT WILL BE A RESOURCE AND RESEARCH CENTER FOR SCHOLARS,ARTISTS,AND TO THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Caponera President/treasurer/direct | 45 | $199,255 | |
Jonathan Weinberg Curator | 40 | $91,382 | |
Melanie Morgan Administrator | 40 | $50,248 | |
Aaron Cohen Director | 1 | $0 | |
Michael Di Capua Director | 1 | $0 | |
Dona Ann Mcadams Director/secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Night Kitchen Studios Llc | 12/30/21 | $154,168 |
The Wylie Agency Llc | 12/30/21 | $101,612 |
Simpson Thacher And Bartlett | 12/30/21 | $56,156 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,839 |
| Interest on Savings | $0 |
| Dividends & Interest | $728,777 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $427,986 |
| Capital Gain Net Income | $427,986 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,497,162 |
| Total Revenue | $3,660,764 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $199,255 |
| Other employee salaries and wages | $242,791 |
| Pension plans, employee benefits | $122,967 |
| Interest | $0 |
| Taxes | $35,000 |
| Depreciation | $143,029 |
| Occupancy | $167,025 |
| Travel, conferences, and meetings | $5,048 |
| Printing and publications | $1,807 |
| Other expenses | $388,196 |
| Total operating and administrative expenses | $1,670,141 |
| Contributions, gifts, grants paid | $430,783 |
| Total expenses and disbursements | $2,100,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $434,188 |
| 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 | $280,489 |
| Net Land, buildings, and equipment | $2,388,239 |
| Other assets | $40,143,697 |
| Total assets | $56,594,288 |
| 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 | $6,106 |
| Total liabilities | $6,106 |
Grants Awarded
Over the last fiscal year, Maurice Sendak Foundation Inc has awarded $430,783 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
THE UCONN FOUNDATION INC ATTN DATA SERVICES PURPOSE: TO PROMOTE THE EDUCATIONAL, SCIENTIFIC, CULTURAL, RESEARCH, AND RECREATIONAL OBJECTIVES OF THE UNIVERSITY OF CONNECTICUT | $161,508 |
THE GOOD DOG FOUNDATION PURPOSE: TO PROVIDE THERAPY DOG SERVICES TO PEOPLE IN NEED IN HEALTH CARE, SOCIAL SERVICE, EDUCATIONAL AND COMMUNITY FACILITIES IN NEW YORK | $75,000 |
COMFORT FOOD COMMUNITY PURPOSE: TO END HUNGER, SUPPORT LOCAL FARMS AND BUILD HEALTHY COMMUNITIES | $75,000 |
Columbus, OH PURPOSE: TO STIMULATE CREATIVITY, AND ECONOMIC AND CULTURAL GROWTH IN THE COLUMBUS COMMUNITY | $50,000 |
Ridgefield, CT PURPOSE: TO ENCOURAGE LAND CONSERVATION IN RIDGEFIELD | $30,000 |
Washington Depot, CT PURPOSE: TO PROVIDE ARTS PROGRAM FOR STUDENTS | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |