Guild Of Future Architects Foundation
- Assets
- $810.5k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 7
- Location
- West Th Street, NY
- Founding
- Data as of
- 12/2021
- EIN
- 83-4379679
Organization Overview
Guild Of Future Architects Foundation is located in West Th Street, NY. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Guild Of Future Architects Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guild Of Future Architects 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 12/2021, Guild Of Future Architects Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 47.9% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BRINGING TOGETHER THE ARCHITECTS OF TOMORROW TO MORE EFFECTIVELY PURSUE SHARED VISIONS OF THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEE FOR SERVICE: THE GUILD'S CORE LEARNING PROGRAMS ARE DESIGNED TO CREATE TRANSFORMATIONAL EXPERIENCES THROUGH MASTERY. OUR FACILITATORS AND ADVISORS EMBODY THEIR AREAS OF EXPERTISE WITH HUMILITY AND AUTHENTICITY SO THEY CAN HOLD SPACE FOR MAGIC TO HAPPEN WHILE IMPARTING THE KNOWLEDGE AND WISDOM EMBEDDED IN THEIR OWN PRACTICE OF FUTURE ARCHITECTURE.
SHARED FUTURES: A SHARED FUTURE IS LIKE A "START-UP," BUT INSTEAD OF FOCUSING ON BUSINESSES FOR THE MARKETPLACE, IT FOCUSES ON COLLABORATIONS FOR THE COMMONS. THE GOAL IS TO IMAGINE AND PROTOTYPE BOLD IDEAS FOR OUR COLLECTIVE FUTURE. ONCE THE SHARED FUTURES ARE ENVISIONED, THE GUILD OF FUTURE ARCHITECTS HELPS TO INCUBATE THEM THROUGH A COLLABORATIVE PROTOTYPING PROCESS BY CONNECTING THEM TO RESOURCES, PROVIDING COACHING AND ADVISORY SERVICES, AND AMPLIFYING THEIR EFFORTS THROUGH COMMUNICATIONS AND MEDIA PLATFORMS.
NEW/S INITIATIVE: THIS THREE-YEAR PILOT PROGRAM FOCUSES ON THE FUTURE OF JOURNALISM, ESPECIALLY AS IT RELATES TO BIPOC MAKERS AND COMMUNITIES; WOMEN; LGBTQIA+; AND OTHER UNDERSERVED PEOPLE. HOW CAN FORESIGHT DRIVE TRANSFORMATION? HOW CAN DEI INITIATIVES MOVE FROM PRIORITIZING SHARE-OF-VOICE TOWARD DEEPENING BELONGING FOR ALL? HOW CAN JOURNALISM MOVE FROM ITS CURRENT STATE OF FRANTIC 24/7 REACTION TO ONE OF INTENTION AND CONNECTION? WHILE ATTEMPTING TO ANSWER THESE QUESTIONS, THE NEW/S INITIATIVE ALSO IDENTIFIES FUTURE ARCHITECTS IN THE FIELD TO HELP CULTIVATE THEIR PRACTICES AS INDIVIDUALS AND WITHIN SHARED FUTURES.
WE WERE BUILDING OUR CORE PROGRAMMING FOR MEMBERS, IN RESPONSE TO MEMBER REQUESTS, AND AS A RESPONSE TO THE PANDEMIC:> DIGITAL MEET UPS: 50+ MEMBERS MET VIRTUALLY TWICE A MONTH TO CONVENE, COLLABORATE, SHARE, AND LEARN IN COMMUNITY WITH ONE ANOTHER.>THE GUILD OF PROJECT FINISHERS IS A WEEKLY GATHERING OF MEMBERS TO SUPPORT THE MOMENTUM OF SHARED FUTURE DEVELOPMENT AND INDIVIDUAL FUTURE ARCHITECTS' CREATIVE WORK. THE BIG NEWS HERE IS THAT THE FORMATION OF THIS GROUP MARKS THE FIRST-EVER MEMBER-INITIATED AND MEMBER-MANAGED EFFORT TO STRENGTHEN THE PRACTICE OF FUTURE ARCHITECTURE NOW MOVING INTO ITS SECOND YEAR.>FUTURE IN RESIDENCY>SOZOSEI FESTIVAL>UNFINISHED LIVE>YANCEY>20 DECADES ANTHOLOGY>TRAVELING THE INTERSTITIUM>FOOD SYSTEM VISION PRIZE>ZEBRAS UNITE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jen Wilson Director Of Partnerships | Officer | 40 | $193,469 |
Kamal Sinclair Executive Director | Officer | 40 | $141,573 |
May Lee Treasurer | OfficerTrustee | 1 | $30,000 |
Mark Beam Director | Trustee | 1 | $30,000 |
Sharon Chang Board Chair | OfficerTrustee | 1 | $0 |
Cara Mertes Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,330 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,510 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,404,447 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,456,287 |
| Total Program Service Revenue | $240,740 |
| Investment income | $0 |
| 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 | $1,697,027 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $95,377 |
| Grants and other assistance to domestic individuals. | $254,655 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $351,371 |
| Compensation of current officers, directors, key employees. | $77,958 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $250,232 |
| Pension plan accruals and contributions | $4,204 |
| Other employee benefits | $13,368 |
| Payroll taxes | $45,667 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,487 |
| Fees for services: Accounting | $38,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $809,855 |
| Advertising and promotion | $0 |
| Office expenses | $3,567 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,045 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,297 |
| All other expenses | $38,901 |
| Total functional expenses | $1,952,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $509,271 |
| Savings and temporary cash investments | $5,001 |
| Pledges and grants receivable | $294,000 |
| 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 | $2,230 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $810,502 |
| Accounts payable and accrued expenses | $39,978 |
| 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 | $696,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $735,978 |
| Net assets without donor restrictions | -$808,344 |
| Net assets with donor restrictions | $882,868 |
| 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 | $810,502 |
Grants Awarded
Over the last fiscal year, Guild Of Future Architects Foundation has awarded $95,377 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE LACOFF GROUP PURPOSE: PROJECTS FISCAL SPONSOR | $34,377 |
JANANI BALASUBRAMANIAN LLC PURPOSE: PARTICIPANTS IN AN INCUBATOR | $30,000 |
YOXI PURPOSE: PROJECTS FISCAL SPONSOR | $25,000 |
Walnut, CA PURPOSE: ART.COOP STUDY-INTO-ACTION PROGRAM | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Guild Of Future Architects Foundation has recieved totaling $210,000.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Sciences | $100,000 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Academy Of Sciences New York, NY | $16,349,796 | $18,722,535 |
American Meteorological Society Boston, MA | $23,955,564 | $17,020,268 |
Illuminating Engineering Society New York, NY | $18,835,076 | $5,095,869 |
Minerals Metals & Materials Society Inc Pittsburgh, PA | $11,544,301 | $7,904,003 |
Acoustical Society Of America Melville, NY | $27,852,210 | $5,622,240 |
Electrochemical Society Inc Pennington, NJ | $20,353,455 | $3,651,549 |
Explorers Club New York, NY | $15,490,739 | $4,443,470 |
Igem Foundation Inc Cambridge, MA | $4,229,953 | $5,084,700 |
Society Of Cosmetic Chemists New York, NY | $2,038,387 | $1,831,767 |
Guild Of Future Architects Foundation West Th Street, NY | $810,502 | $1,697,027 |
Prpl Foundation Inc Wakefield, MA | $4,671,273 | $795,026 |
Research And Development Council Of New Jersey Inc Chatham, NJ | $403,134 | $1,265,540 |