Will Mclean Foundation
- Assets
- $569.5k
- Revenue
- $22.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Hill, FL
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 59-2997497
Organization Overview
Will Mclean Foundation is located in Spring Hill, FL. The organization was established in 1994. According to its NTEE Classification (A70) the organization is classified as: Humanities, 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. Will Mclean 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, Will Mclean Foundation generated $22.3k 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 (15.0%) each year. All expenses for the organization totaled $12.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GOALS ARE: -TO PROMOTE, IN THE STATE OF FLORIDA AND ELSEWHERE, THE WORKS OF WILL MCLEAN AND THE WORKS OF OTHER FLORIDA ARTISTS. -TO PROVIE FOR RESEARCH, EDUCATION, PERFORMANCE, AND TRAINING -TO PROMOTE UNDERSTANDING AND APPRECIATION OF THE WORKS OF FLORIDA'S ARTISTS PROVIDE FACILITIES, PROGRAMS AND EDUCATIONAL MATERIALS -TO PROMOTE INVOLVEMENT BY NONPROFESSIONAL AND PROFESSIONAL COMMUNITIES ALIKE, IN THE ARTISTIC AND EDUCATIONAL FIELDS -TO PROVIDE LOANS, SCHOLARSHIPS AND GRANTS TO STUDENTS, ORGANIZATIONS AND/OR SPECIFIC INDIVIDUALS IN THE COMMUNITY FOR THE PROMULGATION OF ARTISTIC PRODUCTIONS IN SPECIFIED AREAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART & MUSIC EDUCATION INSTRUCTION
SCHLOARSHIPS TO STUDENTS, ORGANIZATIONS AND/OR SPECIFIC INDIVIDUALS IN THE COMMUNITY FOR THE PROMULGATION OF ARTISTIC PRODUCTIONS IN SPECIFIED AREAS
ART & MUSIC EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Dinella-Mccormick VP | OfficerTrustee | 0.5 | $0 |
Ingrid Schaper Treasurer | Officer | 3 | $0 |
Donna Green Townsend Secretary | Officer | 1 | $0 |
Doug Spears President (a | Officer | 7 | $0 |
Gail Carson Publicity Ch | Trustee | 2 | $0 |
Mary Ann Dinella Director | Trustee | 0.5 | $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 | $500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $5,349 |
| Investment income | $1,841 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,656 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,346 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,657 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $298 |
| Office expenses | $126 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2 |
| Total functional expenses | $11,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,392 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $85 |
| Investments—publicly traded securities | $554,053 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $569,530 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,925 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,925 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $567,605 |
| Total liabilities and net assets/fund balances | $569,530 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Will Mclean Foundation has recieved totaling $150.
| Awarding Organization | Amount |
|---|---|
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Biblical Literature Atlanta, GA | $10,314,787 | $4,003,520 |
Georgia Humanities Council Inc Atlanta, GA | $997,177 | $1,471,358 |
Florida Humanities Council Inc St Petersburg, FL | $2,370,011 | $1,873,831 |
The American Assn Of Teachers Of Spanish And Portuguese Inc Birmingham, AL | $3,337,013 | $1,808,681 |
Key West Literary Seminar Inc Key West, FL | $3,874,970 | $799,059 |
Shirley Proctor Puller Foundation Inc Saint Petersburg, FL | $560,012 | $1,341,658 |
National Center For Innovation And Excellence Inc Rockledge, FL | $546,054 | $820,000 |
Sojourn Counseling Irondale, AL | $202,012 | $399,539 |
Burnaway Inc Atlanta, GA | $144,139 | $344,622 |
American Hot Rod Foundation Inc Palm Beach, FL | $556,128 | $727,486 |
Insight Through Education Inc Boynton Beach, FL | $435,137 | $349,174 |
Wormsloe Institute For Environmental History Inc Savannah, GA | $47,470 | $235,394 |