Emilio Sanchez Foundation
- Assets
- $40.2k
- Revenue
- $57.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Auburndale, MA
- Founding
- 04/2005
- Data as of
- 12/2021
- EIN
- 57-6215647
Organization Overview
Emilio Sanchez Foundation is located in Auburndale, MA. The organization was established in 2005. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Emilio Sanchez 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, Emilio Sanchez Foundation generated $57.2k in total revenue. All expenses for the organization totaled $17.1k during the year ending 12/2021. While expenses have increased by 11.9% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONTINUES TO MAINTAIN AND UPDATE A WEB SITE THAT SERVES AS A MEANS FOR THE PUBLIC TO SEEK ANSWERS TO QUESTIONS ABOUT PREVIOUSLY UNKNOWN COLLECTORS OR WORKS. THE TRUSTEE OR OTHER REPRESENTATIVES PARTICIPATED IN ZOOM SESSIONS OF ART PANELS.
THROUGHOUT THE THE FIRST SIX MONTHS OF THE YEAR THE FOUNDATION WORKED EXTENSIVELY WITH USPS IN PLANNING THE 2021 FIRST DAY OF ISSUE OF FOUR STAMPS HONORING EMILIO SANCHEZ;THE FIRST CUBAN AMERICAN VISUAL ARTIST TO BE SO HONORED. TO TAKE PLACE ON THE OCCASION OF HIS 100TH BIRTHDAY CELBRATED AT THE LNS GALLERY IN CORAL GABLES AS PART OF ITS OPENING OF AN EXHIBITION OF HIS WORKS, MANY NOT HAVING BEEN EXHIBITED BEFORE.
THROUGHOUT THE YEAR THE FOUNDATION ASSISTED AUTHORS WITH THEIR RESEARCH BY PROVIDING ACCESS TO THE FOUNDATION'S ARCHIVAL MATERIALS.
THROUGHOUT THE YEAR THE FOUNDATION PROVIDED INFORMATION TO LNS GALLERY IN MIAMI TO PLAN A 2021 CENTENARY EXHIBITION OF WORKS BY EMILIO SANCHEZ.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $38,650 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,712 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,830 |
| Total Revenue | $57,192 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $214 |
| Other expenses | $850 |
| Total operating and administrative expenses | $17,069 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $17,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,002 |
| 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 | $17,150 |
| Total assets | $40,152 |
| 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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