Teasley Foundation
- Assets
- $478.0k
- Revenue
- $82.8k
- Investments
- $402.0k
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 48-1193245
Organization Overview
Teasley Foundation is located in Saint Louis, MO. The organization was established in 1998. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Teasley 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 12/2021, Teasley Foundation generated $82.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $85.8k during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 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.
Since 2016, Teasley Foundation has awarded 20 individual grants totaling $323,652. 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 |
|---|---|---|---|
Gene M Diederich Director | 0.5 | $250 | |
Daniel K Diederich Director | 0.5 | $250 | |
John K Vanier Director | 0.5 | $250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,979 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,829 |
| Capital Gain Net Income | $77,829 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $82,808 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $799 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,008 |
| Total operating and administrative expenses | $17,407 |
| Contributions, gifts, grants paid | $68,364 |
| Total expenses and disbursements | $85,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,878 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $402,017 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $114 |
| Total assets | $478,009 |
| 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, Teasley Foundation has awarded $68,364 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Salina, KS PURPOSE: GENERAL OPERATING FUND | $17,091 |
SALINA COMMUNITY THEATRE INC PURPOSE: GENERAL OPERATING FUND | $17,091 |
Salina, KS PURPOSE: GENERAL OPERATING FUND | $17,091 |
THE SALINA SYMPHONY INC PURPOSE: GENERAL OPERATING FUND | $17,091 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For The Arts Inc Louisville, KY | $9,833,007 | $6,108,558 |
Bravo Greater Des Moines Inc Des Moines, IA | $3,545,703 | $5,885,208 |
Net Foundation For Television Lincoln, NE | $25,243,567 | $5,881,957 |
Allied Arts Of Oklahoma Inc Oklahoma City, OK | $9,236,321 | $5,698,295 |
Civic Center Foundation Oklahoma City, OK | $10,342,313 | $5,787,753 |
Richard J Stern Foundation For The Arts Kansas City, MO | $50,258,336 | $4,476,999 |
Robert Allerton Trust Under Will Dated April 15 1964 Chicago, IL | $38,402,099 | $3,836,329 |
Memphis Museums Inc Memphis, TN | $7,243,926 | $3,293,679 |
Artsbuild Chattanooga, TN | $20,819,407 | $7,133,514 |
Lithuanian Foundation Lemont, IL | $53,188,345 | $6,129,593 |
David C & Sarajean Ruttenberg Arts Foundation Chicago, IL | $0 | $66,826 |
Richard & Ellen Sandor Art Foundation Chicago, IL | $0 | $3,100 |