Normanstone Foundation
- Assets
- $26.3k
- Revenue
- $776.0
- Investments
- $25.4k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/1996
- Data as of
- 03/2022
- EIN
- 52-1977430
Organization Overview
Normanstone Foundation is located in Washington, DC. The organization was established in 1996. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities 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. Normanstone 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 03/2022, Normanstone Foundation generated $776.0 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 (4.8%) each year. All expenses for the organization totaled $1.7k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Roger Stevenson Director | 0.01 | $0 | |
Charles M Bruce Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $773 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3 |
| Capital Gain Net Income | $3 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $776 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $712 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $1,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $902 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,314 |
| 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, Normanstone Foundation has awarded $7,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF ST PAUL'S PURPOSE: SUPPORT (1) MAINTENANCE AND RENEWAL OF THE CHURCH, (2) SOCIAL RETURN AND PUBLIC BENEFIT, AND (3) INVITATION TO SUSTAIN A PLACE OF LIFE, HEALTH, CHALLENGE AND SUPPORT THAT WILL CONTINUE TO TRANSFORM AND SHAPE THE COMMUNITY FOR GOOD FOR THE COMING CENTURY AND BEYOND. | $5,000 |
Washington, DC PURPOSE: SUPPORT THE SERVICES OF THE ORGANIZATION - TO HELP WOMEN ACHIEVE PERSONAL STABILITY AND MAKE MEANINGFUL GAINS IN THEIR HOUSING. | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Business Officers Association Inc Washington, DC | $10,181,383 | $5,458,138 |
The Museum Of Language Arts Incorporated Washington, DC | $22,277,823 | $2,812,502 |
American Council Of Trustees And Alumni Washington, DC | $7,091,133 | $4,080,282 |
National Academy Of Education Washington, DC | $13,224,387 | $700,923 |
The Memorial Foundation Washington, DC | $1,841,102 | $3,723,853 |
Downtown Columbia Arts And Culture Commission Inc Columbia, MD | $56,227,844 | $6,192,561 |
Chorus America Association Washington, DC | $2,563,365 | $1,205,440 |
International Critical Incident Stress Foundation Inc Ellicott City, MD | $1,604,340 | $2,401,353 |
American Association Of People With Disabilities Washington, DC | $6,573,327 | $4,673,806 |
Due Process Of Law Foundation Washington, DC | $1,656,408 | $2,339,896 |
Faith And Politics Institute Washington, DC | $2,906,616 | $1,815,634 |
Pride Of Baltimore Inc Baltimore, MD | $1,423,944 | $1,205,978 |