Rosemarie Beck Foundation
- Assets
- $2.1m
- Revenue
- $19.8k
- Investments
- $338.4k
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 05/2006
- Data as of
- 10/2022
- EIN
- 73-1663290
Organization Overview
Rosemarie Beck Foundation is located in Cambridge, MA. The organization was established in 2006. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Rosemarie Beck 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 10/2022, Rosemarie Beck Foundation generated $19.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $33.0k during the year ending 10/2022. While expenses have increased by 11.1% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH A MUSEUM FOR THE PAINTINGS OF ROSEMARIE BECKCREATE AND MAINTAIN ART EXHIBITIONSMAINTAIN AND SUPPORT A RESEARCH LIBRARY AND ARCHIVES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger D Phelps Trustee | 1 | $0 | |
Doria Hughes Trustee | 8 | $0 | |
Colleen Randall Trustee | 1 | $0 | |
Catherine Drabkin Trustee | 0 | $0 | |
Shiao-Ping Wang Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,831 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $666 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,068 |
| Total operating and administrative expenses | $30,984 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $32,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,134 |
| 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 | $1,716,650 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $338,422 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,700 |
| Total assets | $2,076,906 |
| 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, Rosemarie Beck Foundation has awarded $2,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: EDUCATIONAL PURPOSES | $1,000 |
MOUNT GRETNA SCHOOL OF ART PURPOSE: EDUCATIONAL PURPOSES | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doris Duke Foundation For Islamic Art New York, NY | $38,632,422 | $9,089,054 |
Storm King Art Center New Windsor, NY | $80,583,864 | $14,230,209 |
Fellowship For The Performing Arts Inc New York, NY | $15,555,732 | $10,766,818 |
Ps1 Contemporary Art Center Inc Long Island City, NY | $7,393,924 | $9,638,266 |
Isamu Noguchi Foundation And Garden Museum Long Island City, NY | $75,386,214 | $11,184,586 |
Currier Museum Of Art Manchester, NH | $107,852,000 | $12,269,054 |
Poster House Inc New York, NY | $11,000,245 | $5,591,226 |
Queens Museum Of Art New York City Building Queens, NY | $37,385,842 | $4,485,769 |
Parrish Art Museum Inc Water Mill, NY | $42,263,571 | $6,006,161 |
New Britain Museum Of American Art Inc New Britain, CT | $48,215,040 | $5,724,995 |
Norman Rockwell Museum At Stockbridge Inc Stockbridge, MA | $12,970,897 | $4,523,521 |
De Cordova And Dana Museum And Park Lincoln, MA | $16,380,697 | $4,288,131 |