Close Up Foundation
- Assets
- $19.4m
- Revenue
- $41.1m
- Investments
- $0.0
- Employees
- 326
- Location
- Arlington, VA
- Founding
- 08/1971
- Data as of
- 06/2023
- EIN
- 23-7122882
Organization Overview
Close Up Foundation is located in Arlington, VA. The organization was established in 1971. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Close Up Foundation employed 326 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Close Up 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 06/2023, Close Up Foundation generated $41.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $40.4m during the year ending 06/2023. While expenses have increased by 3.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WASHINGTON HIGH SCHOOL PROGRAM: THESE PROGRAMS INCLUDE OPPORTUNITIES FOR STUDENTS TO LEARN AND PRACTICE KEY CITIZENSHIP SKILLS, INTERACT WITH KEY POLICY EXPERTS AND ELECTED OFFICIALS AND THEIR STAFFS, AND PARTICIPATE IN LEGISLATIVE SIMULATIONS. EACH PROGRAM INCLUDES INTRODUCTORY ACTIVITIES; THEMATIC SITE VISITS; ISSUE BASED WORKSHOPS; POLICY DEBATES; LEGISLATIVE SIMULATIONS; SEMINARS AND ONSITE VISITS TO GOVERNMENT AGENCIES, NGOS, AND EMBASSIES; AND CULTURAL EXPLORATIONS.
PUBLICATIONS
WASHINGTON MIDDLE SCHOOL PROGRAM: THESE PROGRAMS USE THE NATIONS CAPITAL AS A LIVING CLASSROOM WHERE STUDENTS EXPLORE ITS ICONIC SITES AND DISCOVER HOW THE ISSUES AND IDEALS REPRESENTED IMPACT US TODAY. THROUGH VARIOUS INTERACTIVE SITE VISITS, WORKSHOPS, AND DISCUSSIONS, STUDENTS LEARN THE HISTORICAL EVENTS AND IDEAS THAT HAVE SHAPED AMERICAN DEMOCRACY AND GAIN A DEEPER UNDERSTANDING OF THEIR UNIQUE ROLE IN OUR POLITICAL SYSTEM.
PROGRAM FOR NEW AMERICANS (PNA): A SEMINAR IN WASHINGTON, DC EXAMINING THE FEDERAL SYSTEM AND ITS RESPONSE TO THE CHANGING DEMANDS OF A PLURALISTIC SOCIETY, FOR HIGH SCHOOL AND MIDDLE SCHOOL STUDENTS WHO HAVE IMMIGRATED TO THE US WITHIN THE PAST 8 YEARS. STUDENTS STUDY THE ROLES OF THE THREE BRANCHES OF GOVERNMENT IN MAINTAINING UNITY AND STABILITY IN A DIVERSE NATION, BASIC THEMES IN AMERICAN DEMOCRACY, AND EXPLORE THE ROLE OF CITIZENS IN CIVIC INVOLVEMENT IN COMMUNITY SERVICE WHICH OFFERS INSIGHT AND FOSTERS CONFIDENCE FOR ACTIVE CITIZENSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Adydan CEO | OfficerTrustee | 40 | $306,254 |
Timothy Davis CEO (until 12/31/22) | OfficerTrustee | 40 | $283,205 |
Joel Jankowsky Chairman | OfficerTrustee | 2 | $0 |
E Ivan Zapien Vice Chairman | OfficerTrustee | 2 | $0 |
Janet Hale Chaiman, Audit Committee | Trustee | 1.5 | $0 |
Margery Kraus Chairman, Gover. & Nominating Comm. | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
United Airlines - Uatp Airline | 6/29/23 | $2,299,640 |
Hilton Crystal City National Airport Hotel Services | 6/29/23 | $1,412,087 |
American Airlines Airline | 6/29/23 | $1,007,185 |
Crowne Plaza Crystal City Hotel Services | 6/29/23 | $727,453 |
Crystal Gateway Marriott Hotel Services | 6/29/23 | $711,273 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,701,227 |
| All other contributions, gifts, grants, and similar amounts not included above | $662,307 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,363,534 |
| Total Program Service Revenue | $36,758,818 |
| Investment income | $305,075 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $452,900 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,097,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,735,228 |
| Compensation of current officers, directors, key employees. | $599,105 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,178,042 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,023,041 |
| Payroll taxes | $687,991 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,112 |
| Fees for services: Accounting | $72,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,825 |
| Fees for services: Other | $471,502 |
| Advertising and promotion | $491,222 |
| Office expenses | $486,178 |
| Information technology | $26,004 |
| Royalties | $0 |
| Occupancy | $502,752 |
| Travel | $9,813,519 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,413 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,799 |
| Insurance | $106,115 |
| All other expenses | $1,498,273 |
| Total functional expenses | $40,409,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,561 |
| Savings and temporary cash investments | $5,565,288 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $656,937 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $272 |
| Prepaid expenses and deferred charges | $493,429 |
| Net Land, buildings, and equipment | $594,008 |
| Investments—publicly traded securities | $7,219,327 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,677,553 |
| Total assets | $19,350,375 |
| Accounts payable and accrued expenses | $4,715,976 |
| Grants payable | $0 |
| Deferred revenue | $4,052,421 |
| 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 | $4,838,676 |
| Total liabilities | $13,607,073 |
| Net assets without donor restrictions | $5,126,688 |
| Net assets with donor restrictions | $616,614 |
| 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 | $19,350,375 |
Grants Awarded
Over the last fiscal year, Close Up Foundation has awarded $684,934 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PRINCE GEORGE COUNTY PUBLIC SCHOOLS PURPOSE: FUND MENTORING PROGRAM IN VARIOUS SCHOOL SYSTEMS ACROSS UNITED STATES | $284,140 |
MIAMI-DADE COUNTY PUBLIC SCHOOLS PURPOSE: FUND MENTORING PROGRAM IN VARIOUS SCHOOL SYSTEMS ACROSS UNITED STATES | $135,780 |
SKY FOUNDATION PURPOSE: FUND MENTORING PROGRAM IN VARIOUS SCHOOL SYSTEMS ACROSS UNITED STATES | $101,182 |
DISTRICT OF COLUMBIA PUBLIC SCHOOLS PURPOSE: FUND MENTORING PROGRAM IN VARIOUS SCHOOL SYSTEMS ACROSS UNITED STATES | $32,742 |
ALGIERS CHARTER SCHOOL ASSOCIATION PURPOSE: FUND MENTORING PROGRAM IN VARIOUS SCHOOL SYSTEMS ACROSS UNITED STATES | $105,204 |
METROPOLITAN REGIONAL CAREER AND TECHNICAL CENTER PURPOSE: FUND MENTORING PROGRAM IN VARIOUS SCHOOL SYSTEMS ACROSS UNITED STATES | $25,886 |