Looking Out Foundation
- Assets
- $191.2k
- Revenue
- $739.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Nashville, TN
- Founding
- 02/2013
- Data as of
- 12/2021
- EIN
- 45-5300890
Organization Overview
Looking Out Foundation is located in Nashville, TN. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Looking Out 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 12/2021, Looking Out Foundation generated $739.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $721.5k during the year ending 12/2021. While expenses have increased by 17.4% per year over the past 7 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.
Since 2015, Looking Out Foundation has awarded 14 individual grants totaling $549,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DISTRIBUTE FUNDS FOR EDUCATIONAL, CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, AND/OR CONSERVATION PURPOSES, INCLUDING BUT NOT LIMITED TO THE MAKING OF GRANTS TO CHARITABLE ORGANIZATIONS FOR CHARITABLE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AWARDED TO SPECIFIC CHARITABLE ORGANIZATIONS AND INDIVIDUALS CHOSEN BY THE OFFICERS OF THE FOUNDATION IN ACCORDANCE WITH THE PRIMARY PURPOSE OF LOOKING OUT FOUNDATION'S EXEMPT STATUS. TO SUPPORT THROUGH MUSIC HUMANITARIAN OUTREACH EFFORTS IN LOCAL COMMUNITIES AND BEYOND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Carlile President/ceo | OfficerTrustee | 40 | $65,000 |
Brandi Carlile Chairman Of The Board | OfficerTrustee | 10 | $0 |
Timothy Hanseroth Secretary | OfficerTrustee | 10 | $0 |
Phillip Hanseroth Treasurer | OfficerTrustee | 10 | $0 |
Amber Molen Director | Trustee | 1 | $0 |
Mark Cunningham Director | Trustee | 1 | $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 | $695,409 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $695,409 |
| Total Program Service Revenue | $44,107 |
| Investment income | $0 |
| 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 | $739,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $479,580 |
| Grants and other assistance to domestic individuals. | $73,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $29,800 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,000 |
| Compensation of current officers, directors, key employees. | $55,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,148 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $872 |
| Fees for services: Accounting | $16,901 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,154 |
| Office expenses | $16,924 |
| Information technology | $1,830 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $510 |
| All other expenses | $0 |
| Total functional expenses | $721,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,130 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,088 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $191,218 |
| Accounts payable and accrued expenses | $31 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31 |
| Net assets without donor restrictions | $191,187 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $191,218 |
Grants Awarded
Over the last fiscal year, Looking Out Foundation has awarded $229,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: To support the most vulnerable children affected by war around the world | $100,000 |
Cranston, RI PURPOSE: To provide assistance to marginalized artists in roots and country music | $64,000 |
Nashville, TN PURPOSE: To contribute to construction fund of brick and mortar building of Fanny's School of Music | $40,000 |
Nashville, TN PURPOSE: To support the "Once and Future Sounds" Allison Fussell project at Newport Folk Festival | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Looking Out Foundation has recieved totaling $103,335.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $93,712 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,675 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $3,848 |
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ninth District Opportunity Inc Gainesville, GA | $20,597,568 | $53,356,026 |
Nema Foundation Inc Tallulah Falls, GA | $40,863,488 | $61,480,995 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |