Matthew And Iris Strauss Familyfoundation Inc is located in Solana Beach, CA. The organization was established in 2007. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Matthew And Iris Strauss Familyfoundation 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, Matthew And Iris Strauss Familyfoundation Inc generated $50.1k 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 (13.7%) each year. All expenses for the organization totaled $139.9k 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
COLLECTION, PRESERVATION, AND EXHIBITION OF ONE HUNDRED AND FIVE WORKS OF CONTEMPORARY ART BY NATIONALLY AND INTERNATIONALLY RECOGNIZED ARTISTS.
MONETARY SUPPORT PROVIDED TO ART-RELATED COMMUNITY PROGRAMS (BALBOA ART CONSERVATION CENTER).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cristina Della Coletta Dir & Vice Pres | 1 | $0 | |
Matthew C Strauss Director & Pres | 5 | $0 | |
Iris Lynn Strauss Dir & Secretary | 1 | $0 | |
Kathryn Kanjo Dir & Vice Pres | 1 | $0 | |
Steven Strauss Esquire Dir & Vice Pres | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $50,108 |
Interest on Savings | $8 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $50,116 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $25,896 |
Depreciation | $21,012 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $92,461 |
Total operating and administrative expenses | $139,369 |
Contributions, gifts, grants paid | $500 |
Total expenses and disbursements | $139,869 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,500 |
Savings and temporary cash investments | $15,071 |
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 | $3,887,564 |
Other assets | $6,110,901 |
Total assets | $10,015,036 |
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, Matthew And Iris Strauss Familyfoundation Inc has awarded $750 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CALIFORNIA CENTER FOR THE ARTS PURPOSE: ANNUAL FUND | $500 |
San Diego, CA PURPOSE: GENERAL FUND | $250 |
Over the last fiscal year, we have identified 1 grants that Matthew And Iris Strauss Familyfoundation Inc has recieved totaling $238,083.
Awarding Organization | Amount |
---|---|
Jewish Community Foundation Of San Diego San Diego, CA PURPOSE: GENERAL | $238,083 |
Organization Name | Assets | Revenue |
---|---|---|
National Hot Rod Association San Dimas, CA | $60,527,116 | $84,074,162 |
The Exploratorium San Francisco, CA | $264,783,310 | $48,557,720 |
Oakland Museum Of California Oakland, CA | $69,568,610 | $21,712,450 |
Uss Midway Museum San Diego, CA | $89,557,357 | $9,957,373 |
Lucas Museum Of Narrative Art Los Angeles, CA | $1,047,180,873 | $200,315,657 |
Musical Instrument Museum Phoenix, AZ | $166,967,307 | $47,583,205 |
Operation Underground Railroad Inc Anaheim, CA | $68,076,312 | $47,549,013 |
Discovery Science Center Of Orange County Santa Ana, CA | $60,809,996 | $26,194,294 |
Grammy Museum Foundation Inc Los Angeles, CA | $19,726,049 | $9,757,476 |
Japanese American National Museum Los Angeles, CA | $64,155,556 | $8,326,332 |
Mingei International Inc San Diego, CA | $66,923,986 | $7,226,145 |
Heard Museum Phoenix, AZ | $36,442,009 | $14,120,125 |