Sun Sounds Foundation
- Assets
- $249.4k
- Revenue
- $103.6k
- Investments
- $210.0k
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- 07/2000
- Data as of
- 06/2023
- EIN
- 86-0906022
Organization Overview
Sun Sounds Foundation is located in Tempe, AZ. The organization was established in 2000. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Sun Sounds 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 06/2023, Sun Sounds Foundation generated $103.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $81.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 8 years. 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
FINANCIALLY SUPPORT THE WORK OF SUN SOUNDS OF ARIZONA RADIO, AN OUTREACH SERVICE OF RIO SALADO COLLEGE, ALLOWING VISUALLY IMPAIRED INDIVIDUALS ACCESS TO AUDITORY VERSIONS OF PRINT MEDIA IN THE STATE OF ARIZONA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUN SOUNDS PROVIDES THE AUDIO READING OF OVER 200 PRINTED PUBLICATIONS FOR ANYONE WHO CANNOT READ OR HOLD PRINT MATERIAL DUE TO A DISABILITY. ALL SERVICES AND DEVICES TO RECEIVE OUR BROADCAST SPECIAL RADIOS AND SMART HOME DEVICES ARE FREE TO THE END USER. SUN SOUNDS HAS ENGAGED IN OVER 200 OUTREACH OPPORTUNITIES. OVER 11,000 PEOPLE WERE INFORMED ABOUT OUR SERVICES THROUGH THESE EVENTS IN FY2022/23. WE CONTACT SUN SOUNDS LISTENERS MONTHLY WITH WELCOME AND BIRTHDAY CALLS. WE ENGAGE WITH OUR VOLUNTEERS, THROUGH VIRTUAL VOLUNTEER ORIENTATION SESSIONS, BROADCAST WORKSHOPS, NEWSLETTERS AND VIRTUAL GET-TOGETHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Chitel President | OfficerTrustee | 2 | $0 |
Susan Desparte Vice President | OfficerTrustee | 2 | $0 |
Jim Mcmahon Treasurer | OfficerTrustee | 2 | $0 |
Andrea Pasquale Secretary | OfficerTrustee | 2 | $0 |
Diane Schoolitz Director | Trustee | 1 | $0 |
Joyce Vespers 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 | $69,407 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,407 |
| Total Program Service Revenue | $0 |
| Investment income | $9,545 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,621 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,573 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $59,396 |
| 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 | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,788 |
| Fees for services: Other | $0 |
| Advertising and promotion | $286 |
| Office expenses | $3,896 |
| Information technology | $1,010 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $655 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,953 |
| All other expenses | $0 |
| Total functional expenses | $81,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,439 |
| 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 | $210,005 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $249,444 |
| 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 | $2,803 |
| Total liabilities | $2,803 |
| Net assets without donor restrictions | $226,447 |
| Net assets with donor restrictions | $20,194 |
| 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 | $249,444 |
Grants Awarded
Over the last fiscal year, Sun Sounds Foundation has awarded $103,303 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF PUBLIC RADIO PURPOSE: Area Renovation Project | $43,000 |
RIO SALADO COLLEGE PURPOSE: Programs for the visually-impaired | $60,303 |