Jerome Robbins Foundation
- Assets
- $22.6m
- Revenue
- $1.3m
- Investments
- $21.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1959
- Data as of
- 12/2022
- EIN
- 13-6021425
Organization Overview
Jerome Robbins Foundation is located in New York, NY. The organization was established in 1959. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Jerome Robbins 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 12/2022, Jerome Robbins Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.3%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jerome Robbins Foundation has awarded 334 individual grants totaling $4,343,975. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLORIA V. LASKY SYMPOSIUM PROJECT:TO CONVENE A GROUP OF NOT-FOR-PROFIT CULTURAL ORGANIZATIONS IN NYC TO EXPLORE TRANSFORMATIONAL CHANGE, ITS BEST PRACTICES, AND THE POTENTIAL FOR BUILDING NEW CONNECTIONS BOTH INTERNALLY AND EXTERNALLY.FVL SYMPOSIUM PROJECT EXPENSE $2,096FVL AWARD $42,000
PROJECT SPRINGBOARD:DESIGNED TO ENCOURAGE COLLABORATION AMONG THEATER ARTISTS IN WHICH THE CHOREOGRAPHER PLAYS AN INTEGRAL ROLE AND DEVELOPS NEW MUSICALS WITH DANCE FULLY INTEGRATED INTO STORY TELLING AND TO ADDRESS EXISTING FINANCIAL AND PRACTICAL OBSTACLES TO DEVELOPING THOSE IDEAS IN THE EARLY STAGES OF DEVELOPMENTPROJECT SPRINGBOARD EXPENSE $1,529
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Greenberg Director | 28 | $257,558 | |
Christopher Pennington Director | 35 | $173,678 | |
Ellen Sorrin Director | 10 | $75,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18 |
| Dividends & Interest | $514,254 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,153 |
| Capital Gain Net Income | $30,153 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $755,440 |
| Total Revenue | $1,299,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $506,336 |
| Other employee salaries and wages | $56,000 |
| Pension plans, employee benefits | $113,134 |
| Interest | $0 |
| Taxes | $38,575 |
| Depreciation | $0 |
| Occupancy | $38,660 |
| Travel, conferences, and meetings | $930 |
| Printing and publications | $0 |
| Other expenses | $211,197 |
| Total operating and administrative expenses | $986,717 |
| Contributions, gifts, grants paid | $1,495,875 |
| Total expenses and disbursements | $2,482,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,236,964 |
| 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 | $14,248,862 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $102,475 |
| Total assets | $22,565,709 |
| 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 | $44,675 |
| Total liabilities | $44,675 |
Grants Awarded
Over the last fiscal year, Jerome Robbins Foundation has awarded $1,495,875 in support to 111 organizations.
| Grant Recipient | Amount |
|---|---|
92ND STREET Y PURPOSE: CHARITABLE PURPOSES | $7,500 |
ABRONS ARTS CENTER PURPOSE: CHARITABLE PURPOSES | $2,500 |
ALVIN AILEY DANCE AMERICAN FOUNDATION PURPOSE: CHARITABLE PURPOSES | $7,000 |
AMERICAN CANCER SOCIETY PURPOSE: CHARITABLE PURPOSES | $2,500 |
AMERICAN BALLET THEATRE PURPOSE: CHARITABLE PURPOSES | $25,000 |
AMERICAN DANCE MACHINE FOR THE 21ST CENTURY PURPOSE: CHARITABLE PURPOSES | $8,000 |