Culturehum Foundation
- Assets
- $13.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Costa Mesa, CA
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-5021227
Organization Overview
Culturehum Foundation, operating under the name Molly's Music Foundation, is located in Costa Mesa, CA. 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 12/2023, Molly's Music Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Molly's Music 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 12/2023, Molly's Music Foundation generated $55.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $19.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (20.0%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
IN 2023 THE FOUNDATION CONTINUED ITS WEBSERIES ON CIVIC CULTURE, TO PRODUCE ITS WEEKLY PODCAST ON WAYS TO IMPROVE AND EXPAND CIVIC CULTURE, PLUS IT COORDINATED AND SPONSORED RESEARCH TO FURTHER THIS GOAL WITH SCHOLARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Travis Webb Executive Dir. | 40 | $25,476 | |
Molly Webb President | 40 | $16,890 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,082 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$3,980 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,102 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,118 |
| Total expenses | $19,118 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $13,446 |
| Total liabilities | $302,576 |
| Net assets or fund balances | -$289,130 |