William Rockhill Nelson Trust

Organization Overview

William Rockhill Nelson Trust is located in Kansas City, MO. The organization was established in 1940. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. William Rockhill Nelson Trust 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 04/2022, William Rockhill Nelson Trust generated $660.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $1.8m during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE TRUST WAS CREATED TO ACQUIRE WORKS OF ART TO BE EXHIBITED FOR THE DELECTATION AND ENJOYMENT OF THE PUBLIC IN BUILDINGS PROVIDED FOR THAT PURPOSE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE WILLIAM ROCKHILL NELSON TRUST PROVIDES ANNUAL OPERATIONAL SUPPORT TO THE NELSON GALLERY FOUNDATION BASED ON A BOARD APPROVED SPENDING POLICY.


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Board, Officers & Key Employees

Name (title)Compensation
Evelyn Craft Belger
Vice Chair
$0
William B Taylor
Treasurer
$0
Ramon Murguia
Secretary
$0
Richard G Green Jr
Board Chair
$0
Julian Zugazagoitia
Officer
$0
Karen Christiansen
Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $660,875
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $660,875

Grants Recieved

Over the last fiscal year, we have identified 1 grants that William Rockhill Nelson Trust has recieved totaling $14,298.

Awarding OrganizationAmount
Elizabeth O Davis Trust Fbo Harry Et Al

Dallas, TX

PURPOSE: SUPPORT NELSON-ATKINS

$14,298
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$39,280,667
Earnings-$472,626
Admin Expense$4,123
Other Expense$1,769,663
Ending Balance$37,034,255

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