Omega Point Institute

Organization Overview

Omega Point Institute is located in Santa Barbara, CA. The organization was established in 1997. According to its NTEE Classification (V99) the organization is classified as: Social Science N.E.C., under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omega Point Institute 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, Omega Point Institute generated $110.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $220.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Omega Point Institute has awarded 25 individual grants totaling $247,177. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTION OF PUBLIC INTEREST & BENEFIT

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO ORGANIZATIONS AND INDIVIDUALS


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)Compensation
Rinaldo S Brutoco
Chairman/pres.
$0
Lalla Dodge Brutoco
Vp/director
$0
Viviana Gonzalez
Secretary
$0
Ray Afshordi
Treasurer
$0
Marie Case
Board Member
$0
Kristina Jansen
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$60,921
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$60,921
Total Program Service Revenue$3,159
Investment income $5,275
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $41,304
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $110,659

Grants Awarded

Over the last fiscal year, Omega Point Institute has awarded $42,548 in support to 3 organizations.

Grant RecipientAmount

WITHOUT SHELTER

PURPOSE: CHARITABLE CONTRIBUTION

$31,664

HANSAVEDAS SELF ENQUIRY LIFE FELLOWSHIP

Org PageRecipient Profile

Santa Barbara, CA

PURPOSE: CHARITABLE CONTRIBUTION

$5,809

JJK SOLUTIONS

PURPOSE: CHARITABLE CONTRIBUTION

$5,075
View Grant Profile

Create an account to unlock the data you need.

or