Photographic Society Of America Endowment Fund 1 is located in Oklahoma City, OK. The organization was established in 1986. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Photographic Society Of America Endowment Fund 1 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 06/2022, Photographic Society Of America Endowment Fund 1 generated $714.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $317.1k during the year ending 06/2022. While expenses have increased by 0.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HOLD ASSETS FOR THE BENEFIT OF PHOTOGRAPHIC SOCIETY OF AMERICA FOR USE IN PROMOTING THE ARTS AND SCIENCES OF PHOTOGRAPHY
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO SUPPORT THE ACTIVITIES OF THE PHOTOGRAPHIC SOCIETY OF AMERICA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Cloran Lead Trustee | OfficerTrustee | 2 | $0 |
Dana Cohoon Trustee | Trustee | 2 | $0 |
James Bodkin Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $474,323 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $474,323 |
Total Program Service Revenue | $0 |
Investment income | $152,297 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $87,510 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $714,130 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $300,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $17,125 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $317,125 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $548,197 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $4,188,782 |
Investments—other securities | $108,770 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,493 |
Total assets | $4,850,242 |
Accounts payable and accrued expenses | $0 |
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 | $49,176 |
Total liabilities | $49,176 |
Net assets without donor restrictions | $4,801,066 |
Net assets with donor restrictions | $0 |
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 | $4,850,242 |
Over the last fiscal year, we have identified 1 grants that Photographic Society Of America Endowment Fund 1 has recieved totaling $133,109.
Awarding Organization | Amount |
---|---|
Photographic Society Of America Oklahoma City, OK PURPOSE: PROMOTE ARTS AND SCIENCES OF PHOTOGRAPHY | $133,109 |
Organization Name | Assets | Revenue |
---|---|---|
Lyric Opera Of Chicago Chicago, IL | $270,226,178 | $60,302,671 |
Field Museum Of Natural History Chicago, IL | $874,117,562 | $94,095,312 |
Cable Television Laboratories Inc Louisville, CO | $47,325,607 | $76,632,755 |
Houston Museum Of Natural Science Houston, TX | $243,476,932 | $54,084,906 |
Academy Of Mathematics & Science South Inc Tucson, AZ | $124,208,680 | $62,725,140 |
Denver Center For The Performing Arts Denver, CO | $79,355,103 | $53,451,587 |
Crystal Bridges Museum Of American Art Inc Bentonville, AR | $1,732,386,844 | $177,931,616 |
Navy Pier Inc Chicago, IL | $199,546,550 | $62,194,092 |
Denver Art Museum Inc Denver, CO | $201,676,348 | $57,180,332 |
Chicago Symphony Orchestra Chicago, IL | $576,700,123 | $109,905,535 |
Museum Of Science And Industry Chicago, IL | $301,079,614 | $51,692,982 |
Crosswater Canyon Inc Petersburg, KY | $131,093,453 | $43,029,126 |