Be Frank Foundation
- Assets
- $32.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Bayfield, CO
- Founding
- 07/2014
- Data as of
- 08/2021
- EIN
- 46-4204601
Organization Overview
Be Frank Foundation is located in Bayfield, CO. The organization was established in 2014. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Be Frank Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Be Frank 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 08/2021, Be Frank Foundation generated $115.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $168.8k during the year ending 08/2021. While expenses have increased by 12.9% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MUSIC COURSES FOR ELEMENTARY AND HIGH SCHOOL STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karl Herr Assoc Director | 20 | $27,000 | |
Lech Usinowicz Director | 30 | $25,000 | |
Brian Caselles Vice President | 2.5 | $0 | |
Anne Newman President | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,100 |
| Total Program Service Revenue | $45,134 |
| Membership dues | $0 |
| Investment income | $56 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $600 |
| Other Revenue | $0 |
| Total Revenue | $115,945 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $104,107 |
| Professional fees and other payments to independent contractors | $2,909 |
| Occupancy, rent, utilities, and maintenance | $16,078 |
| Printing, publications, postage, and shipping | $786 |
| Other expenses | $44,946 |
| Total expenses | $168,826 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,966 |
| Other assets | $0 |
| Total assets | $32,212 |
| Total liabilities | $1,579 |
| Net assets or fund balances | $30,633 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Be Frank Foundation has recieved totaling $15,981.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $15,837 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $144 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Academy Of Mathematics & Science South Inc Tucson, AZ | $124,208,680 | $62,725,140 |
Anderson Ranch Arts Foundation Snowmass Village, CO | $19,349,000 | $7,444,141 |
Fab Lab Tulsa Inc Tulsa, OK | $905,994 | $2,260,190 |
Foundation For Lincoln Public Schools Lincoln, NE | $17,002,214 | $4,527,343 |
Art Students League Of Denver Denver, CO | $2,150,049 | $2,289,374 |
Tara Institute Of The Performing Arts Incorporated Boulder, CO | $2,762,734 | $2,020,459 |
Kimball Art Center Park City, UT | $7,426,546 | $2,347,977 |
Santa Fe School For The Arts Santa Fe, NM | $4,340,717 | $1,902,890 |
Oklahoma Arts Institute Oklahoma City, OK | $2,532,394 | $1,383,952 |
Ah Haa School For The Arts Telluride, CO | $12,435,871 | $2,343,816 |
Scottsdale Artists School Inc Scottsdale, AZ | $3,858,477 | $2,545,960 |
Act One Phoenix, AZ | $1,556,445 | $1,427,696 |