Lorene Mcclintock Foundation Inc
- Assets
- $1.0m
- Revenue
- $72.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Far Hills, NJ
- Founding
- 08/2009
- Data as of
- 12/2021
- EIN
- 26-4046039
Organization Overview
Lorene Mcclintock Foundation Inc is located in Far Hills, NJ. The organization was established in 2009. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lorene Mcclintock 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, Lorene Mcclintock Foundation Inc generated $72.4k 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 (6.7%) each year. All expenses for the organization totaled $195.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENSURE THE ARTISTIC AND EDUCATIONAL WORKS OF LORENE MCCLINTOCK REMAIN AVAILABLE TO THE GENERAL PUBLIC. THE FOUNDATION'S STUDY CENTER WAS OPEN AND STAFFED FOR APPROXIMATELY 120 DAYS IN 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arti Kahn President | 40 | $90,000 | |
Keith Kahn Treasurer | 8 | $16,104 | |
Robert Aibel Vice Preside | 0.5 | $0 | |
Peter Dzuiban Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,093 |
| Interest on Savings | $12,007 |
| Dividends & Interest | $12,778 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,329 |
| Capital Gain Net Income | $26,329 |
| Net ST Capital Gain | $2,262 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,233 |
| Total Revenue | $72,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $106,104 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $8,563 |
| Interest | $0 |
| Taxes | $346 |
| Depreciation | $0 |
| Occupancy | $26,938 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $36,746 |
| Other expenses | $7,442 |
| Total operating and administrative expenses | $195,150 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $195,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,210 |
| Savings and temporary cash investments | $1,039,476 |
| 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 | $1 |
| Total assets | $1,049,687 |
| 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 |
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Wxxi Public Broadcasting Council Rochester, NY | $26,835,003 | $14,361,773 |
Western New York Public Broadcasting Association Buffalo, NY | $20,445,081 | $15,235,511 |
Wqed Multimedia Pittsburgh, PA | $26,860,609 | $15,875,013 |
Geopath New York, NY | $2,097,357 | $11,766,480 |
Public Media Nj Inc New York, NY | $13,143,046 | $9,787,571 |
Wmht Educational Telecommunications Inc Troy, NY | $24,630,036 | $10,052,137 |
Democracy Now Productions Inc New York, NY | $36,977,400 | $9,199,755 |
Public Broadcasting Council Of Central New York Inc Old Liverpool Syracuse, NY | $17,299,983 | $6,896,548 |
Jta-Mjl New Corp New York, NY | $4,638,573 | $7,369,921 |