Cure Of Ars Foundation
- Assets
- $2.2m
- Revenue
- $61.2k
- Investments
- $1.5m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 04/2007
- Data as of
- 12/2023
- EIN
- 20-5913880
Organization Overview
Cure Of Ars Foundation is located in Baltimore, MD. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Cure Of Ars 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 12/2023, Cure Of Ars Foundation generated $61.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.6%) each year. All expenses for the organization totaled $172.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cure Of Ars Foundation has awarded 18 individual grants totaling $647,348. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST JOSEPH FULLERTON CATHOLIC CHURCH FORMED, EASTER AND CHRISTMAS BOOKS, EVANGELIZATION, KIDS GO FREE YOUTH CONFERENCE
ST MARGARETS PARISH EASTER AND CHRISTMAS BOOKS, FORMED
ARCHIBISHOP CURLEY HARD AS NAILS RETREAT, MOUNT TWO THOUSAND RETREAT
WOMEN'S CARE CENTER OPERATING SUBSIDY TO OPEN CENTER ON SATURDAYS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J A Hamilton Chariman | 0.5 | $0 | |
P D Balbirnie Vice Chair | 0.5 | $0 | |
K T Schenning Spritual | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $218 |
| Dividends & Interest | $60,990 |
| 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 | $61,208 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $675 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24 |
| Total operating and administrative expenses | $699 |
| Contributions, gifts, grants paid | $171,709 |
| Total expenses and disbursements | $172,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,507 |
| Savings and temporary cash investments | $717,235 |
| 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 | $2,219,742 |
| 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, Cure Of Ars Foundation has awarded $171,709 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ST MARY OF THE ASSUMPTION PURPOSE: FORMED, CATECHESIS | $4,100 |
ST JOSEPH FULLERTON PARISH PURPOSE: FORMED, BOOKS, YOUTH CONFERENCE | $84,059 |
ST MARGARET BEL AIR PARISH PURPOSE: FORMED, BOOKS, LENT RETREAT | $56,950 |
ARCHBISHOP CURLEY PURPOSE: YOUTH RETREATS | $11,600 |
WOMEN'S CARE CENTER PURPOSE: SUBSIDY TO OPEN CENTER ON SATURDAYS | $15,000 |