Rattle Foundation
- Assets
- $7.3m
- Revenue
- $396.9k
- Investments
- $5.7m
- Employees
- 0
- Location
- Studio City, CA
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 27-1747424
Organization Overview
Rattle Foundation is located in Studio City, CA. The organization was established in 2010. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, 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. Rattle 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 12/2023, Rattle Foundation generated $396.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $521.0k during the year ending 12/2023. While expenses have increased by 8.4% 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.
Since 2019, Rattle Foundation has awarded 80 individual grants totaling $182,780. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RATTLE FOUNDATION PUBLISHED FOUR ISSUES OF RATTLE MAGAZINE; FOURINDIVIDUAL CHAPBOOKS;LIVESTREAMED 150 HOURS OF LITERARY PROGRAMMING AND PODCASTS; AND MAINTAINED THE RATTLE.COM WEBSITE, WHICH RECEIVED OVER TWO MILLION PAGE VIEWS IN 2023. WE CO-HOSTED A PUBLIC ARTS FESTIVAL AND POETRY SLAM.
AWARDS GIVEN TO POETS FOR THEIR WRITING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Fox President | 5 | $0 | |
Lauren Hunsaker Treasurer | 3 | $0 | |
Timothy Green Secretary | 50 | $108,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $188,172 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,405 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $213,181 |
| Total Revenue | $396,948 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $108,000 |
| Other employee salaries and wages | $31,333 |
| Pension plans, employee benefits | $17,953 |
| Interest | $0 |
| Taxes | $13,827 |
| Depreciation | $0 |
| Occupancy | $8,401 |
| Travel, conferences, and meetings | $1,939 |
| Printing and publications | $105,645 |
| Other expenses | $144,110 |
| Total operating and administrative expenses | $479,039 |
| Contributions, gifts, grants paid | $42,000 |
| Total expenses and disbursements | $521,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,001 |
| Savings and temporary cash investments | $0 |
| 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 | $1,482,024 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,711,851 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,332,876 |
| Accounts payable and accrued expenses | $15,272 |
| 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 | $15,272 |
Grants Awarded
Over the last fiscal year, Rattle Foundation has awarded $42,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
RIVER ADAMS PURPOSE: RATTLE POETRY PRIZE FINALIST | $500 |
LISA BASS PURPOSE: RATTLE POETRY PRIZE FINALIST | $500 |
ROBERTA BEARY PURPOSE: RATTLE POETRY PRIZE FINALIST | $500 |
GEORGE BILGERE PURPOSE: RATTLE POETRY PRIZE READERS' CHOICE | $5,000 |
DUSTY BRYNDAL PURPOSE: RATTLE POETRY PRIZE FINALIST | $500 |
ISABELLA DESENDI PURPOSE: RATTLE POETRY PRIZE FINALIST | $500 |