Monira Foundation
- Assets
- $463.6k
- Revenue
- $831.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Jersey City, NJ
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-2861500
Organization Overview
Monira Foundation is located in Jersey City, NJ. The organization was established in 2019. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Monira Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monira Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MONIRA FOUNDATION'S THE "FOUNDATION" CHARITABLE MISSION IS TO EXPAND THE REACH AND QUALITY OF ART AVAILABLE TO THE PUBLIC THROUGH RESIDENCIES EXHIBITIONS AND EDUCATIONAL PROGRAMS THAT ADDRESS URGENT AND ONGOING COMMUNITY NEEDS PARTICULARLY AS THESE NEEDS EVOLVE AND CHANGE. THE FOUNDATION'S CHARITABLE ACTIVITIES INCLUDE COLLABORATING CLOSELY WITH ARTISTS CURATORS MUSICIANS PRODUCERS AND WRITES TO CONCEIVE REALIZE AND PRESENT INNOVATIVE PROJECTS IN ALL MEDIA THAT AIM TO SPARK INTENSIFY AND PROMOTE AN EVOLVING CULTURAL AND SOCIAL DIALOGUE BETWEEN CREATORS AUDIENCES AND INSTITUTIONS. THE FOUNDATION ALSO PROVIDES FREE EDUCATION AND EVENT PROGRAMMING AS WELL AS ART EXHIBITIONS FOR THE BENEFIT OF THE PUBLIC IN ORDER TO AMPLIFY ARTISTIC CONTRIBUTION TO DISTANT AND LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PRESENTED "INTERTWINED" A PUBLIC ART EXHIBITION IN WHICH VARIOUS ARTISTS GAVE PERFORMANCES AND FEATURED INSTALLATIONS FOCUSING ON THE INTERSECTION OF ART AND TECHNOLOGY.
THE FOUNDATION PRESENTED "THE BEAUTY OF FRIENDS BEING TOGETHER" A PUBLIC ART EXHIBITION THAT AIMED TO EDUCATE VIEWERS ABOUT THE ONGOING LIFE OF LEGENDARY ARTIST AND POET JONAS MEKAS 1922-2019. THE EXHIBITION RE-CREATED THE LIFE AND WORK OF MR. MEKAS DURING HIS TIME IN CLINTON HILL BROOKLYN WHERE HE SPENT HIS LAST PRODUCTIVE YEARS MAKING ARTISTIC WORK AND ENTERTAINING FRIENDS.
THE FOUNDATION PRESENTED HOLDING TIME AN ARTISTIC EXHIBITION FEATURING ARTISTS WHO WERE CHILDREN LIVING IN PROXIMITY TO THE WORLD TRADE CENTER DURING THE SEPTEMBER 11 2001 ATTACKS. THE SHOW EXAMINES THE PSYCHICAL AFTERLIFE OF THE SEPTEMBER 11 2001 ATTACKS AS IT HAS BEEN MEDIATED CONSCIOUSLY AND UNCONSCIOUSLY IN WORKS THAT PARTICIPANTS MADE IN THE INTERVENING PERIOD RANGING FROM PHOTOGRAPHS TAKEN ON SEPTEMBER 11 2001 TO SCULPTURE MADE IN RECENT YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ysabel Pinyol Blasi Director President Exec Dir Curator | OfficerTrustee | 40 | $120,000 |
Gary Krat Director Treasurer | OfficerTrustee | 5 | $0 |
Eugene Lemay Director Co-Chair Exited Nov 2021 | Trustee | 1 | $0 |
Phong Bui Director Co-Chair | Trustee | 10 | $0 |
Judd Grossman Director | Trustee | 2 | $0 |
Brite Kleemann Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,319 |
| Related organizations | $0 |
| Government grants | $3,953 |
| All other contributions, gifts, grants, and similar amounts not included above | $821,884 |
| Noncash contributions included in lines 1a–1f | $400,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $831,156 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $831,757 |
| 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. | $120,000 |
| Compensation of current officers, directors, key employees. | $120,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,769 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,036 |
| Payroll taxes | $19,755 |
| Fees for services: Management | $14,109 |
| Fees for services: Legal | $31,860 |
| Fees for services: Accounting | $19,443 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,950 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $968 |
| Advertising and promotion | $29,336 |
| Office expenses | $7,443 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,760 |
| Travel | $5,436 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,549 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,454 |
| All other expenses | $0 |
| Total functional expenses | $445,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,613 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $400,000 |
| Total assets | $463,613 |
| Accounts payable and accrued expenses | $42,665 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $42,665 |
| Net assets without donor restrictions | $420,948 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $463,613 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monira Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
United Way Miami Inc Miami, FL PURPOSE: GENERAL FUNDS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Andy Warhol Foundation For The Visual Arts Inc New York, NY | $375,628,094 | $51,526,373 |
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Conservation Center For Art And Historic Artifacts Philadelphia, PA | $4,515,696 | $3,186,711 |
Clay Studio Philadelphia, PA | $16,944,971 | $9,873,164 |
Van Alen Institute Projects In Public Architecture Brooklyn, NY | $44,490,814 | $3,072,994 |
Urbanglass New York Contemporary Glass Center Inc Brooklyn, NY | $1,687,992 | $2,437,335 |
American Institute Of Architects New York, NY | $10,952,534 | $3,079,461 |