Owen J Gromme Foundation
- Assets
- $0.0
- Revenue
- $8.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Edina, MN
- Founding
- Data as of
- 12/2018
- EIN
- 41-1733396
Organization Overview
Owen J Gromme Foundation is located in Edina, MN.
For the year ending 12/2018, Owen J Gromme Foundation generated $8.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $49.5k during the year ending 12/2018. While expenses have increased by 36.0% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Gromme President/director | 0.5 | $0 | |
Debra Pearson Secretary/treasurer/director | 0.5 | $0 | |
Dan Myers Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13 |
| Dividends & Interest | $247 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,675 |
| Capital Gain Net Income | $8,675 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,935 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $81 |
| Depreciation | $0 |
| Occupancy | $13,130 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,292 |
| Total operating and administrative expenses | $25,730 |
| Contributions, gifts, grants paid | $23,764 |
| Total expenses and disbursements | $49,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $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 | $0 |
| 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 |
Grants Awarded
Over the last fiscal year, Owen J Gromme Foundation has awarded $23,764 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LEIGH YAWKEY WOODSON ART MUSEUM PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION. | $12,500 |
TPT TWIN CITIES PBS PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION. | $11,264 |