Sunrise Foundation For Education And The Arts
- Assets
- $3.4m
- Revenue
- $500.1k
- Investments
- $3.1m
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 47-5203749
Organization Overview
Sunrise Foundation For Education And The Arts is located in Wayzata, MN. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Sunrise Foundation For Education And The Arts 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, Sunrise Foundation For Education And The Arts generated $500.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sunrise Foundation For Education And The Arts has awarded 33 individual grants totaling $2,642,828. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Walk Chairman | 0 | $0 | |
Charles Wolfinger Director | 0 | $0 | |
Richard Palmer Secretary | 0 | $0 | |
Richard Palmer Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $299,443 |
| Interest on Savings | $582 |
| Dividends & Interest | $43,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $142,616 |
| Capital Gain Net Income | $142,616 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,377 |
| Total Revenue | $500,074 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,041 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,922 |
| Total operating and administrative expenses | $61,765 |
| Contributions, gifts, grants paid | $970,797 |
| Total expenses and disbursements | $1,032,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,791 |
| Savings and temporary cash investments | $281,373 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,768,535 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,410,539 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sunrise Foundation For Education And The Arts has awarded $970,797 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
REGENTS OF THE UNIVERSITY OF CALIFO PURPOSE: GERMAN FILM & MEDIA STUDIES FELLOWSHIP | $118,036 |
JEWISH COMMUNITY OF HELSINKI PURPOSE: SUPPORT FOR THE JEWISH ENCYCLOPEDIA IN THE FILM AGE - GRANTS FOR FURTHER RESEARCH AND EQUIPMENT | $47,213 |
KLEZMER BY ALICIA SVIGALSLLC PURPOSE: GRANT TO QUALIFIED MUSICIAN TO ACCOMPANY THE LIVE PRESENTATION OF RESTORED SILENT FILMS BY CHARITABLE ORGANIZATIONS | $37,500 |
DONALD SOSIN PURPOSE: GRANT TO QUALIFIED MUSICIAN TO ACCOMPANY THE LIVE PRESENTATION OF RESTORED SILENT FILMS BY CHARITABLE ORGANIZATIONS | $37,500 |
DEUTSCHE KINEMATHEK PURPOSE: SUPPORT LIVE ORCHESTRAL ACCOMPANIMENT FOR A SCREENING OF RESTORED CLASSIC FILM, SYLVESTER, AT THE LOUVRE IN PARIS | $25,538 |
FILMFORUM INC PURPOSE: SEED FUNDING FOR THE PRE-PRODUCTION AND SHOOTING EXPENSES OF THE FILM, PROMETHEUS COMPLEX | $47,250 |