Bacchus Foundation
- Assets
- $244.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 07/1984
- Data as of
- 08/2021
- EIN
- 43-1334516
Organization Overview
Bacchus Foundation is located in Kansas City, MO. The organization was established in 1984. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Bacchus 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 08/2021, Bacchus Foundation generated $18.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $7.9k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (32.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SINCE IT'S FOUNDING IN 1955, BACCHUS FOUNDATION HAS DONATED OVER $2 MILLION TO VARIOUS CHARITIES IN GREATER KANSAS CITY. IN 2020-2021 THE ORGANIZATION FOCUSED ON CONNECTING YOUNG PROFESSIONALS AND BUILDING NETWORKS FOR FUTURE IMPACT. COVID CAUSED THE CANCELLATION OF THE BACCHUS BALL, THE PREMIER EVENT FOR RAISING FUNDS TO SUPPORT THE MISSION TO DONATE FUNDS AND SUPPORT THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Cole Sponsorship Chair | 5 | $0 | |
Melanie Clark President | 5 | $0 | |
John Fales Vice President | 5 | $0 | |
Ben Beussink Director, Operations Chair | 5 | $0 | |
Ali Curbow Events Co-Chair | 5 | $0 | |
Gage Fletcher Operations Chair | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,421 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,129 |
| Gain or Loss | $10,891 |
| Net Income from Gaming & Fundraising | -$1,761 |
| Other Revenue | $0 |
| Total Revenue | $18,680 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $360 |
| Occupancy, rent, utilities, and maintenance | $1,308 |
| Printing, publications, postage, and shipping | $478 |
| Other expenses | $5,800 |
| Total expenses | $7,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,831 |
| Other assets | $0 |
| Total assets | $244,360 |
| Total liabilities | $134 |
| Net assets or fund balances | $244,226 |
Grants Awarded
Over the last fiscal year, Bacchus Foundation has awarded $81,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Kansas City, MO PURPOSE: Support Exempt Purpose | $41,000 |
Kansas City, MO PURPOSE: Support Exempt Purpose | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bacchus Foundation has recieved totaling $15.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Humanities Festival Chicago, IL | $20,433,533 | $6,135,727 |
The Independent Living Center Inc Joplin, MO | $6,998,222 | $3,154,564 |
3arts Inc Chicago, IL | $12,078,620 | $2,551,186 |
Robert S & Grayce B Kerr Foundation Inc Oklahoma City, OK | $19,234,723 | $2,069,941 |
Demolay International Kansas City, MO | $3,448,662 | $1,614,271 |
Kansas City Chapter Of Young Audiences Inc Kansas City, MO | $5,162,996 | $1,143,353 |
Bailey Foundation Saint Louis, MO | $926,334 | $1,827,354 |
Mainframe Studios Des Moines, IA | $8,963,700 | $1,124,336 |
Morrison-Shearer Foundation Northbrook, IL | $7,463,772 | $384,897 |
Rick C & Belinda G Foundation Fayetteville, AR | $24,298,767 | $2,403,306 |
Jeniam Ii Foundation Memphis, TN | $1,092,809 | $484,239 |
Northland Shepherds Center Kansas City, MO | $2,507,796 | $914,727 |