Fourth Corner Foundation Inc is located in Windham, VT. The organization was established in 1998. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Fourth Corner 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, Fourth Corner Foundation Inc generated $229.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $213.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH A PHYSICAL INSTITUTION FOR THE PERIODIC GATHERING OF INTERESTED PARTIES TO EXPLORE IDEAS, CREATE SPECIFIC DESIGN PROJECTS AND CONSTRUCT EXAMPLES
PROVIDE A RESEARCH CENTER FOR ALL PURSUING RESEARCH RELATED TO OUR MISSION
CREATE AN INTERACTIVE WEBSITE FOR THE EXCHANGE OF IDEAS ON DESIGNING AND CONSTRUCTING MAN-MADE ENVIRONMENTS THAT ARE IN HARMONY WITH NATURE
HOLD EDUCATIONAL DESIGN AND CONCEPT FORMATION SESSIONS FOR GROUPS OF DESIGN PROFESSIONALS, THE VISUAL ARTS AND THE GENERAL PUBLIC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert F Shannon President | 2 | $0 | |
Steven Fellows Secretary Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $169,887 |
Interest on Savings | $0 |
Dividends & Interest | $59,730 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$37 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $229,580 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $1,650 |
Occupancy | $27,566 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $180,279 |
Total operating and administrative expenses | $213,316 |
Contributions, gifts, grants paid | $20 |
Total expenses and disbursements | $213,336 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $278,429 |
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 | $0 |
Net Land, buildings, and equipment | $918 |
Other assets | $0 |
Total assets | $4,906,004 |
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 |
Over the last fiscal year, Fourth Corner Foundation Inc has awarded $11,250 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
Townsend, MA PURPOSE: EDUCATION | $5,000 |
Scottsdale, AZ PURPOSE: EDUCATION | $5,000 |
WINDHAM FIRE DEPT PURPOSE: COMMUNITY SERVICE | $400 |
WEST TOWNSEND PURPOSE: EDUCATION | $250 |
WEST RIVER COMMUNITY PURPOSE: EDUCATION | $250 |
San Francisco, CA PURPOSE: EDUCATION | $200 |
Organization Name | Assets | Revenue |
---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |
Marquis Studios Ltd Brooklyn, NY | $2,435,475 | $3,259,805 |