Salgo Trust For Education
- Assets
- $5.5m
- Revenue
- $3.0m
- Investments
- $3.6m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 10/1991
- Data as of
- 04/2022
- EIN
- 48-1101260
Organization Overview
Salgo Trust For Education is located in Wichita, KS. The organization was established in 1991. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salgo Trust For Education 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 04/2022, Salgo Trust For Education generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $413.8k during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEMPORARY LOAN OF ONE HUNGARIAN PAINTING TO THE HUNGARIAN NATIONAL GALLERY
TEMPORARY LOAN OF SIX HUNGARIAN PHOTOGRAPHS TO THE ART INSTITUTE OF CHICAGO, ILLINOIS
TEMPORARY LOAN OF ONE HUNGARIAN PAINTING TO THE METROPOLITAN MUSEUM OF ART,NEW YORK, NEW YORK
TEMPORARY LOAN OF ONE HUNGARIAN PAINTING TO THE TATE MODERN, LONDON, ENGLAND
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,590,239 |
| Interest on Savings | $278,257 |
| Dividends & Interest | $142,899 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $492 |
| Capital Gain Net Income | $492 |
| Net ST Capital Gain | $492 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,011,887 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $33,300 |
| Pension plans, employee benefits | $3,366 |
| Interest | $12 |
| Taxes | $0 |
| Depreciation | $1,034 |
| Occupancy | $70,331 |
| Travel, conferences, and meetings | $5,155 |
| Printing and publications | $0 |
| Other expenses | $135,408 |
| Total operating and administrative expenses | $390,848 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $413,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,820 |
| Savings and temporary cash investments | $0 |
| 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 | $8,000 |
| Net Investments - land, buildings, equipment | $7,236 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,553,008 |
| Net Land, buildings, and equipment | $4,067 |
| Other assets | $1,859,411 |
| Total assets | $5,462,542 |
| 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 |
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