Crane Foundation Inc
- Assets
- $6.7m
- Revenue
- $409.7k
- Investments
- $6.6m
- Employees
- 0
- Location
- Englewood Cliffs, NJ
- Founding
- 03/1953
- Data as of
- 12/2021
- EIN
- 43-6051752
Organization Overview
Crane Foundation Inc is located in Englewood Cliffs, NJ. The organization was established in 1953. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crane 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, Crane Foundation Inc generated $409.7k 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 (18.4%) each year. All expenses for the organization totaled $472.0k during the year ending 12/2021. 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 |
|---|---|---|---|
R S Evans Director | 1 | $0 | |
R A Maue Director - Vice President, CFO | 1 | $0 | |
M H Mitchell Director - President, CEO | 1 | $0 | |
E S Switter Vice President - Tax | 1 | $0 | |
A M D'iorio Director - Assistant Secretary | 1 | $0 | |
E J Eskildsen Assistant Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $195,849 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $213,872 |
| Capital Gain Net Income | $213,872 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $409,721 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $176 |
| Taxes | $6,850 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,750 |
| Total operating and administrative expenses | $76,588 |
| Contributions, gifts, grants paid | $395,379 |
| Total expenses and disbursements | $471,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $72,932 |
| 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 | $6,673,344 |
| Accounts payable and accrued expenses | $20,779 |
| 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 | $20,779 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tiger Foundation New York, NY | $82,845,383 | $3,603,314 |
The James Beard Foundation Inc New York, NY | $7,570,117 | $18,186,794 |
Red Crane Foundation New York, NY | $56,630,126 | $34,466,458 |
Golden Eagle Foundation Albany, NY | $0 | $427,452 |
The Eagle Academy Foundation Inc New York, NY | $1,703,374 | $4,164,199 |
Falconwood Foundation Inc New York, NY | $660,761 | $1,072,171 |
Friends Of The Rosamond Gifford Zoo At Burnet Park Inc Syracuse, NY | $8,326,099 | $3,684,442 |
Crane Fund For Widows And Children Englewood Cliffs, NJ | $8,502,869 | $1,163,515 |
Paws Of War Inc Nesconset, NY | $3,386,038 | $3,547,370 |
Zoological Society Of New Jersey Inc West Orange, NJ | $4,041,580 | $2,628,906 |
Zoological Society Of Buffalo Foundation Inc Buffalo, NY | $4,471,531 | $349,941 |
Bear Gulch Foundation Wilmington, DE | $6,900,918 | $1,732,761 |