Masterson Family Foundation
- Assets
- $885.3k
- Revenue
- $31.8k
- Investments
- $882.2k
- Employees
- 0
- Location
- Casper, WY
- Founding
- 10/2005
- Data as of
- 08/2024
- EIN
- 20-3424242
Organization Overview
Masterson Family Foundation is located in Casper, WY. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Masterson Family 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 08/2024, Masterson Family Foundation generated $31.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $52.0k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Masterson Family Foundation has awarded 47 individual grants totaling $376,871. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Masterson President | 1 | $0 | |
Audrey Adams Secretary | 1 | $0 | |
T Chris Muirhead Treasurer | 1 | $0 | |
Susan B Masterson Director | 1 | $0 | |
Michael Masterson Director | 1 | $0 | |
Kathleen Coughlin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,749 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,051 |
| Capital Gain Net Income | $6,051 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,541 |
| Contributions, gifts, grants paid | $41,500 |
| Total expenses and disbursements | $52,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,112 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $885,324 |
| 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 |
Grants Awarded
Over the last fiscal year, Masterson Family Foundation has awarded $41,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CASPER PRIDE PURPOSE: GENERAL USE | $3,000 |
CHILD DEVELOPMENT CENTER PURPOSE: GENERAL USE | $10,000 |
CENTRAL WYOMING RESCUE MISSION PURPOSE: GENERAL USE | $1,000 |
NATRONA COLLECTIVE HEALTH TRUST PURPOSE: MASTERSON PLACE | $13,000 |
NATRONA COUNTY PUBLIC LIBRARY FOUNDATION PURPOSE: GENERAL USE | $5,000 |
DOVE LEWIS PURPOSE: GENERAL USE | $1,500 |