Carmel Mission Foundation Inc
- Assets
- $1.2m
- Revenue
- $982.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Carmel, CA
- Founding
- 12/2008
- Data as of
- 12/2021
- EIN
- 26-2981780
Organization Overview
Carmel Mission Foundation Inc is located in Carmel, CA. The organization was established in 2008. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Carmel Mission Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carmel Mission 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 12/2021, Carmel Mission Foundation Inc generated $982.8k 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 (4.6%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES, IN FURTHERANCE OF ITS CHARITABLE PURPOSES, THE PRESERVATION, MAINTENANCE AND RESTORATION OF THE PROPERTIES OF MISSION SAN CARLOS BORROMEO DEL RIO CARMELO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CARMEL MISSION FOUNDATION, INC (CMF) AWARDED GRANTS RELATED TO THE ARCHITECTURAL AND CONSTRUCTION PRESERVATION SERVICES AND MAINTENANCE FOR PHASE I, RESTORATION OF THE CARMEL MISSION (MISSION SAN CARLOS BORROMEO DEL RIO CARMELO) BASILICA. DURING THE YEAR $3,485,213 OF THE PRIOR YEAR'S GRANTS AWARDED WERE PAID. THE UNUSED GRANT HAS EXPIRED.
DURING THE YEAR, IN ORDER TO ACCOMPLISH ITS PROGRAMS, THE CARMEL MISSION FOUNDATION, INC. ALLOCATED $183,994 OF ITS COST AND EXPENSES TO PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie A Zelei Executive Dir. | Trustee | 40 | $179,370 |
Sam Gesumaria Chairman | OfficerTrustee | 10 | $0 |
Douglas Hayashi Treasurer | OfficerTrustee | 24 | $0 |
Douglas Oldfield Secretary | OfficerTrustee | 4 | $0 |
Richard Pepe Vice President | OfficerTrustee | 4 | $0 |
Albert J Nicora Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,549 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $65,538 |
| All other contributions, gifts, grants, and similar amounts not included above | $913,244 |
| Noncash contributions included in lines 1a–1f | $23,040 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $981,331 |
| Total Program Service Revenue | $0 |
| Investment income | $2,310 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$871 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $982,770 |
| 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. | $179,370 |
| Compensation of current officers, directors, key employees. | $22,421 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,084 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $680 |
| Office expenses | $8,428 |
| Information technology | $6,426 |
| Royalties | $0 |
| Occupancy | $28,552 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $354 |
| Interest | $51 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,271 |
| All other expenses | $1,768 |
| Total functional expenses | $3,904,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $558,018 |
| Savings and temporary cash investments | $635,000 |
| 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 | $2,228 |
| Net Land, buildings, and equipment | $34,182 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,253 |
| Total assets | $1,231,681 |
| Accounts payable and accrued expenses | $7,269 |
| 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 | $0 |
| Total liabilities | $7,269 |
| Net assets without donor restrictions | $0 |
| 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 | $1,224,412 |
| Total liabilities and net assets/fund balances | $1,231,681 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Carmel Mission Foundation Inc has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Nancy Eccles And Homer M Hayward Family Foundation Salt Lake City, UT PURPOSE: CHARITABLE | $100,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: ARTS AND CULTURE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fine Arts Museums Foundation San Francisco, CA | $293,998,421 | $1,528,655 |
Friends Of Public Radio Arizona Tempe, AZ | $7,510,291 | $7,440,783 |
California Center For The Arts Escondido Foundation Escondido, CA | $1,637,426 | $6,432,180 |
Screen Actors Guild - American Federation Of Television And Radio Los Angeles, CA | $32,891,873 | $7,217,007 |
Carmel Mission Foundation Inc Carmel, CA | $1,231,681 | $982,770 |
All Classical Public Media Inc Portland, OR | $12,996,411 | $4,875,278 |
Oregon Shakespearean Festival Endowment Fund Inc Ashland, OR | $33,018,945 | $1,149,955 |
Ford Theatre Foundation Hollywood, CA | $2,293,812 | $4,065,513 |
Mccallum Theatre Foundation Inc Palm Desert, CA | $10,233,971 | $253,349 |
California State Railroad Museum Foundation Inc Sacramento, CA | $11,474,601 | $3,874,416 |
Phoenix Art Museum Endowment Fund Inc Phoenix, AZ | $32,304,336 | $805,868 |
The California Museum Of History Women And The Arts Sacramento, CA | $9,367,922 | $1,679,886 |