Makers Foundation Inc
- Assets
- $1.8m
- Revenue
- $284.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Cave Creek, AZ
- Founding
- 10/2017
- Data as of
- 12/2023
- EIN
- 81-4787702
Organization Overview
Makers Foundation Inc is located in Cave Creek, AZ. The organization was established in 2017. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Makers Foundation Inc 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 12/2023, Makers Foundation Inc generated $284.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.0% each year .
Since 2017, Makers Foundation Inc has awarded 50 individual grants totaling $179,450. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bret Voelkel President/director | 1.5 | $0 | |
Sharon Voelkel Vice President/director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $234,249 |
| Interest on Savings | $228 |
| Dividends & Interest | $50,226 |
| 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 | $284,703 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55,611 |
| Total operating and administrative expenses | $55,971 |
| Contributions, gifts, grants paid | $32,500 |
| Total expenses and disbursements | $88,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,029 |
| Savings and temporary cash investments | $1,459,639 |
| 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 | $1,833,668 |
| 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, Makers Foundation Inc has awarded $32,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FM3 PERFORMANCE MARKETING PURPOSE: CARS N CONES DONATION | $700 |
THOMAS PICHETTE PURPOSE: CHARITABLE DONATION | $5,000 |
ALEX ENGLERT PURPOSE: CHARITABLE DONATION | $500 |
REED WHITNEY RACING PURPOSE: CHARITABLE DONATION | $5,000 |
LOGAN RHYCE COZZIE PURPOSE: CHARITABLE DONATION | $5,000 |
JEREMY SWENSON RACING PURPOSE: CHARITABLE DONATION | $5,000 |