Rose Petroff Foundation
- Assets
- $27.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fair Oaks Ranch, TX
- Founding
- 11/1996
- Data as of
- 06/2021
- EIN
- 74-2790542
Organization Overview
Rose Petroff Foundation, operating under the name Peter Petroff, is located in Fair Oaks Ranch, TX. The organization was established in 1996. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Peter Petroff 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 06/2021, Peter Petroff generated $6.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $6.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ENCOURGEMENT OF YOUNG STUDENTS IN PIANO PERFORMANCE BY OFFERING COMPETITIVE AWARDS AND GRANTS. IN ADDITION AS FUNDS PERMIT, FINANCIAL AID IN THE FORM OF SCHOLARSHIPS WILL BE AWARDED TO GRADUATE MUSIC STUDENTS AT LOCAL UNIVERSITIES. THERE WERE 13 DIRECT BENEFICIARIES ALONG WITH AN AWARD TO TEXAS STATE UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter A Petroff President | 5 | $0 | |
Peter A Peroff Board Member | 5 | $0 | |
Rose D Petroff Board Member | 0 | $0 | |
David Glasser Board Member | 0 | $0 | |
Meiba Glasser Board Member | 0 | $0 | |
Francis Petroff Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,988 |
| Total Program Service Revenue | $306 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,294 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,785 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,550 |
| Total expenses | $6,335 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,340 |
| Other assets | $0 |
| Total assets | $27,897 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,897 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodlands Center For The Performing Arts The Woodlands, TX | $66,155,005 | $4,869,262 |
The Foundation For Jones Hall Houston, TX | $12,945,210 | $11,215,659 |
National Western Art Foundation San Antonio, TX | $33,318,907 | $5,418,283 |
Society For The Performing Arts Houston, TX | $2,735,277 | $4,022,539 |
Dsm Management Group Inc Dallas, TX | $3,614,375 | $1,386,226 |
1894 Inc Galveston, TX | $14,356,181 | $3,638,315 |
New Orleans Center For Creative Arts Institute New Orleans, LA | $27,637,413 | $1,850,928 |
Shaw Center For The Arts Llc Baton Rouge, LA | $25,156,056 | $977,133 |
Spencer Theater For The Performing Arts Inc Alto, NM | $16,060,098 | $2,857,669 |
Taca Inc Dallas, TX | $1,253,014 | $1,318,938 |
Jefferson Performing Arts Society Metairie, LA | $970,556 | $1,410,329 |
Denison Industrial Development Company Denison, TX | $13,693,763 | $1,394,238 |