Marni Mckinney Foundation Inc
- Assets
- $892.0k
- Revenue
- $46.2k
- Investments
- $860.0k
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 03/2010
- Data as of
- 12/2023
- EIN
- 26-1589290
Organization Overview
Marni Mckinney Foundation Inc is located in Indianapolis, IN. The organization was established in 2010. 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. Marni Mckinney Foundation 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 12/2023, Marni Mckinney Foundation Inc generated $46.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $63.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marni Mckinney Foundation Inc has awarded 212 individual grants totaling $567,667. 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 |
|---|---|---|---|
Marni Mckinney President | 1 | $0 | |
Richard D Waterfield Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,431 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,281 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,848 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $63,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,975 |
| 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 | $891,993 |
| 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 | $32,000 |
| Total liabilities | $32,000 |
Grants Awarded
Over the last fiscal year, Marni Mckinney Foundation Inc has awarded $60,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR LEADERSHIP DEVELOPMENT PURPOSE: SUPPORT ANNUAL FUND FOR YOUTH DEVELOPMENT | $2,000 |
ACLU FOUNDATION PURPOSE: TO DEFEND AND PRESERVE THE INDIVIDUAL RIGHTS AND LIBERTIES THAT THE CONSTITUTION AND LAWS OF THE UNITED STATES GUARANTEE EVERYONE IN THIS COUNTRY. | $3,000 |
DRESS FOR SUCCESS PURPOSE: ASSIST WOMEN TO BECOME SELF-SUFFICIENT | $1,500 |
FAIRBANKS PURPOSE: ADDICTION TREATMENT AND SUPPORT | $1,000 |
GIRLS INC OF INDIANAPOLIS PURPOSE: HELP GIRLS MASTER CRITICAL LIFE-READINESS SKILLS | $1,500 |
HARRISON CENTER FOR THE ARTS PURPOSE: ANNUAL FUND DRIVE TO ASSIST EMERGING ARTISTS AND EMERGING PATRON COMMUNITY | $500 |