Buck Out Foundation is located in Cleveland, OH. The organization was established in 2019. According to its NTEE Classification (A62) the organization is classified as: Dance, 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. Buck Out 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 12/2022, Buck Out Foundation generated $173.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 44.2% each year . All expenses for the organization totaled $160.6k during the year ending 12/2022. While expenses have increased by 33.9% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO SUPPORT INDIVIDUALS AND COMMUNITIES THROUGH THE ARTS
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40,825 |
Total Program Service Revenue | $130,009 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,143 |
Total Revenue | $172,977 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $13,616 |
Professional fees and other payments to independent contractors | $4,399 |
Occupancy, rent, utilities, and maintenance | $23,850 |
Printing, publications, postage, and shipping | $2,067 |
Other expenses | $40,913 |
Total expenses | $160,585 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,489 |
Other assets | $0 |
Total assets | $39,989 |
Total liabilities | $26,333 |
Net assets or fund balances | $13,656 |