Mara Foundation
- Assets
- $11.3k
- Revenue
- $632.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2023
- EIN
- 84-2466729
Organization Overview
Mara Foundation is located in Los Angeles, CA. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Mara 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 12/2023, Mara Foundation generated $632.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $683.0k during the year ending 12/2023. While expenses have increased by 30.6% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MARA FOUNDATION'S GENERAL OBJECTIVES ARE CHARITABLE AND EDUCATIONAL WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTION 501(C)(3). ITS MISSION IS TO CREATE A COMMUNITY THAT IDENTIFIES, ENCOURAGES, AND PROMOTES THE INTERESTS OF PROMISING YOUNG PERSONS IN LITERATURE, FILM, ART, SCIENCE, POLITICS, MUSIC AND OTHER ACADEMIC FIELDS THROUGH EDUCATIONAL FORUMS, SYMPOSIA, NETWORKING WITH MENTORS AND ESTABLISHED PROFESSIONALS AND OTHERS IN SIMILAR FIELDS. MARA FOUNDATION ALSO PROMOTES THE CAUSE OF WOMEN'S RIGHTS BOTH IN AND OUTSIDE THE UNITED STATES AND FOSTERS PUBLIC AWARENESS, UNDERSTANDING, AND APPRECIATION OF WOMEN IN LITERATURE, SCREENWRITING, DIRECTING, PLAYWRITING, AND OTHER ARTISTIC FIELDS THROUGH EDUCATIONALEVENTS, SYMPOSIA, AND OTHER MEANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FELLOWSHIP PROMOTES EACH SYMPOSIUM THROUGH ITS WEBSITE AT HTTPS://WWW.JERICHOFELLOWSHIP.COM. AS EVEN ESTABLISHED (NOT TO MENTION YOUNG UP-AND-COMING) ARTISTS USUALLY STRUGGLE FINANCIALLY AND HAVE LIMITED MEANS, THE FOUNDATION FULLY FUNDS THE VENUE, INSURANCE, DINNER EXPENSES, AND OTHER COSTS OF EACH SYMPOSIUM, SO THAT THERE IS NO ENTRANCE OR OTHER FEE FOR ATTENDEES.THIS YEAR, IN LIEU OF THE FELLOWSHIP PRIZE, THE PRIZE MONEY WAS DIRECTED TOWARDS WORKING DIRECTLY WITH GERI: GENDER EQUALITY & RECONCILIATION INTERNATIONAL. GERI BROUGHT THE ATTENDEES TOGETHER TO SPEAK THE DEPTHS OF THEIR TRUTH, EXPERIENCE THE POWER OF COLLECTIVE HEALING, AND TRANSMUTE DYSFUNCTIONAL GENDER CONDITIONING INTO BELOVED COMMUNITIES, WHICH IS AT THE CORE OF MARA FOUNDATION'S MISSION.
AS AN ADJUNCT EVENT TO THE JERICHO FELLOWSHIP, ACADEMY WAS LAUNCHED IN 2023 AND HOSTED ITS INAUGURAL MULTI-DAY EVENT WITH YOUNG PROMISING ARTISTS IN THE FILM INDUSTRY, ALL UNDER THE AGE OF 18. THE EVENT WAS CREATED TO HELP YOUNG, EMERGING TALENT NAVIGATE THE WORLD OF FILM, TELEVISION AND MEDIA, IN ORDER TO NOURISH, ENRICH, AND SAFELY ANCHOR THEIR LIVES, WORK, AND BEYOND.THE INAUGURAL EVENT BROUGHT TOGETHER 13 TALENTED INDIVIDUALS RESULTING IN A UNIQUE OPPORTUNITY TO BUILD A SAFE, INCLUSIVE ENVIRONMENT WITH A FOCUS ON MENTAL HEALTH THAT GIVES THESE YOUTH THE TOOLS THEY NEED TO BE RESILIENT IN THE ENTERTAINMENT INDUSTRY. THE EVENT AIMS TO EDUCATE AND ENRICH BOTH YOUTH AND MENTORS IN A LEARNING ENVIRONMENT, FILLED WITH EDUCATIONAL FORUMS, SYMPOSIA, WORKSHOPS, THEATRE, AND MUSICAL PERFORMANCES BY ESTABLISHED PROFESSIONALS AND OTHERS IN RELATED FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kouroash Pourhabib President | OfficerTrustee | 1 | $0 |
Ryan Walsh Secretary/cfo | OfficerTrustee | 1 | $0 |
Emily Hargrove Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $632,548 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $632,548 |
| Total Program Service Revenue | $0 |
| 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 | $632,548 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,862 |
| Fees for services: Accounting | $41,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $808 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $26,874 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $90,233 |
| 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 | $16,634 |
| All other expenses | $113,194 |
| Total functional expenses | $683,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,892 |
| Savings and temporary cash investments | $376 |
| 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 | $0 |
| Total assets | $11,268 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $11,268 |
| Total liabilities and net assets/fund balances | $11,268 |