Bacchus Foundation
- Assets
- $244.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 07/1984
- 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 undefined, 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 undefined. 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
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 |
|---|---|---|---|
Melanie Clark President | 5 | $0 | |
John Fales Vice President | 5 | $0 | |
Ben Beussink Director, Operations Chair | 5 | $0 | |
Nick Cole Sponsorship 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 | |
|---|---|
| Total expenses | $7,946 |
| Balance Sheet | |
|---|---|
| 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 |
|---|---|
GREATER KANSAS CITY COMMUNITY PURPOSE: Support Exempt Purpose | $41,000 |
LOVE FUND FOR CHILDREN PURPOSE: Support Exempt Purpose | $40,000 |