Halcyon Foundation
- Assets
- $9.6m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 07/1957
- Data as of
- 12/2021
- EIN
- 13-6059784
Organization Overview
Halcyon Foundation is located in New York, NY. The organization was established in 1957. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Halcyon 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 12/2021, Halcyon Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE AMERICAN MUSEUM IN BRITAIN THROUGH ITS FUNDRAISING ACTIVITIES IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF AMERICAN MUSEUM IN BRITAIN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Bursack Assistant Secretary | Officer | 20 | $67,605 |
Linda Hackett Munson President | OfficerTrustee | 5 | $0 |
Richard W Walker First Vice President | OfficerTrustee | 5 | $0 |
Mark E Haranzo Secretary & Treasurer | OfficerTrustee | 5 | $0 |
Mary Conrad Vice President | Trustee | 0.5 | $0 |
Dr Bruce Horten Vice President | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $352 |
| Fundraising events | $13,833 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $267,257 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $281,442 |
| Total Program Service Revenue | $0 |
| Investment income | $51,235 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,000 |
| Net Gain/Loss on Asset Sales | $1,138,176 |
| Net Income from Fundraising Events | -$15,295 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,467,558 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $749,838 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,105 |
| Compensation of current officers, directors, key employees. | $49,074 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,785 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,789 |
| Fees for services: Accounting | $35,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $68,183 |
| Fees for services: Other | $17,160 |
| Advertising and promotion | $0 |
| Office expenses | $8,564 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,032 |
| All other expenses | $0 |
| Total functional expenses | $1,116,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,602 |
| Savings and temporary cash investments | $151,894 |
| Pledges and grants receivable | $30,675 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,097 |
| Net Land, buildings, and equipment | $1,249 |
| Investments—publicly traded securities | $9,130,558 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,605,075 |
| Accounts payable and accrued expenses | $7,917 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,917 |
| Net assets without donor restrictions | $9,566,483 |
| Net assets with donor restrictions | $30,675 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,605,075 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Halcyon Foundation has recieved totaling $70,000.
| Awarding Organization | Amount |
|---|---|
C A L Foundation Inc New York, NY PURPOSE: GENERAL PURPOSE | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Friends Of The Israel Antiquities Authority Inc New York, NY | $7,188,185 | $4,799,124 |
Tate Americas Foundation New York, NY | $101,513,410 | $8,735,378 |
Museo Reina Sofia Foundation Usa Inc New York, NY | $1,828,282 | $604,276 |
American Associates Of The National Theatre Inc New York, NY | $4,697,341 | $5,678,751 |
American Friends Of The Israel Philharmonic Orchestra Inc New York, NY | $30,416,918 | $8,529,001 |
Mary Louise Curtis Bok Foundation Philadelphia, PA | $100,159,634 | $12,712,681 |
American Friends Of The Louvre Inc New York, NY | $14,733,047 | $4,946,706 |
Pbs39 Foundation Corporation Bethlehem, PA | $103,089,426 | $11,164,328 |
American Friends Of The National Portrait Gallery Foundation Inc New York, NY | $1,343,323 | $3,284,122 |
Academy Of Music Of Philadelphia Inc Philadelphia, PA | $30,910,650 | $3,266,946 |
Coolidge Corner Theatre Foundation Inc Brookline, MA | $13,995,984 | $5,567,271 |
Boston Arts Academy Foundation Inc Boston, MA | $11,130,374 | $3,508,715 |