Richard And Nina Edelman Foundation For Arts And Education Inc
- Assets
- $33.0k
- Revenue
- $123.9k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 47-4628854
Organization Overview
Richard And Nina Edelman Foundation For Arts And Education Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., 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. Richard And Nina Edelman Foundation For Arts And Education Inc 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 12/2022, Richard And Nina Edelman Foundation For Arts And Education Inc generated $123.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $168.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Richard And Nina Edelman Foundation For Arts And Education Inc has awarded 19 individual grants totaling $357,622. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Edelman President | 10 | $0 | |
Nina Edelman Secretary | 10 | $0 | |
Joan Spero Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $126,016 |
| Interest on Savings | $0 |
| Dividends & Interest | $181 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,269 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $123,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $42 |
| Printing and publications | $0 |
| Other expenses | $5,455 |
| Total operating and administrative expenses | $12,113 |
| Contributions, gifts, grants paid | $156,020 |
| Total expenses and disbursements | $168,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,432 |
| Savings and temporary cash investments | $18,443 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $4,091 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,966 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $739 |
| Total liabilities | $739 |
Grants Awarded
Over the last fiscal year, Richard And Nina Edelman Foundation For Arts And Education Inc has awarded $156,020 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
VILLAGE OF EGG HARBOR WISCONSIN PURPOSE: UNRESTRICTED | $122,350 |
SOUTHSIDE HARM REDUCTIONS SERVICE PURPOSE: UNRESTRICTED | $6,000 |
FRIENDS OF JCC KRAKOW PURPOSE: UNRESTRICTED | $17,800 |
MILWAUKEE JEWISH FEDERATION PURPOSE: UNRESTRICTED | $1,420 |
CONGREGATION SHALOM PURPOSE: UNSTRICTED | $1,800 |
BIG CITY MOUNTAINEERS PURPOSE: UNRESTRICTED | $5,000 |