Risk-Reward
- Assets
- $60.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 46-0628128
Organization Overview
Risk-Reward is located in Portland, OR. The organization was established in 2015. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Risk-Reward 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, Risk-Reward generated $44.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $44.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 4 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
RISK REWARDPROMOTESASUPPORTIVEANDEQUITABLEARTSECOLOGYTHROUGHTHEPRESENTATIONOFLIVEPERFORMINGARTSEVENTS,COMMISSIONINGORIGINALARTPERFORMANCES,EDUCATINGTHEPUBLICONLIVEARTHISTORYANDTECHNIQUES,ANDCOLLABORATIONSWITHREGIONAL,NATIONALANDINTERNATIONALARTISTSANDARTORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Tischleder Board President | 3 | $0 | |
Marilou Carrera Director | 1 | $0 | |
Anthony Hudson Director | 1 | $0 | |
Taka Yamamoto Director | 1 | $0 | |
Kate Bredeson Director | 1 | $0 | |
Wayne Bund Board Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,616 |
| Total Program Service Revenue | $3,974 |
| Membership dues | $0 |
| Investment income | $67 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,657 |
| 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 | $34,460 |
| Occupancy, rent, utilities, and maintenance | $3,000 |
| Printing, publications, postage, and shipping | $736 |
| Other expenses | $6,452 |
| Total expenses | $44,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,137 |
| Other assets | $0 |
| Total assets | $60,137 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,137 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Risk-Reward has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Performing Arts | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lazy Mf Trust Irvine, CA | $2,742,949 | $392,168 |
Thru Guidance Ministries Los Angeles, CA | $2,841,551 | $7,857,035 |
Inner-City Arts Los Angeles, CA | $18,610,203 | $5,566,146 |
House Of Blues Music Forward Foundation Beverly Hills, CA | $3,094,278 | $3,522,048 |
School Of Arts And Culture At Mhp San Jose, CA | $8,721,548 | $4,861,362 |
Wayne Thiebaud Foundation Sacramento, CA | $135,503,481 | $2,669,000 |
California Jazz Conservatory Inc Berkeley, CA | $7,248,479 | $2,565,384 |
Pilchuck Glass School Seattle, WA | $9,596,229 | $3,968,820 |
Centrum Foundation Port Townsend, WA | $3,437,898 | $2,846,644 |
Arts For Healing And Justice Network Long Beach, CA | $3,982,925 | $3,271,300 |
Youth Music Project West Linn, OR | $1,663,643 | $2,050,654 |
Djerassi Resident Artists Program Woodside, CA | $5,870,903 | $1,216,127 |