Kristin S Conrad Lace Center Foundation
- Assets
- $185.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- Data as of
- 12/2023
- EIN
- 87-4225461
Organization Overview
Kristin S Conrad Lace Center Foundation is located in Durham, NC. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Kristin S Conrad Lace Center 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, Kristin S Conrad Lace Center Foundation generated $48.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (41.6%) each year. All expenses for the organization totaled $2.7k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
STILL IN FUNDRAISING STATE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hugo Uyttenhove Chairman | 24 | $0 | |
Holly Van Sciver Curator | 4 | $0 | |
Elizabeth Redford Treasurer | 6 | $0 | |
Prabha Ramaskishnan Lace Organizations Liaison | 2 | $0 | |
Diane Makgill Artistic Director | 10 | $0 | |
Kimberley Conrad Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,542 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,481 |
| Gain or Loss | -$442 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,581 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,675 |
| Other expenses | $0 |
| Total expenses | $2,675 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,104 |
| Other assets | $0 |
| Total assets | $185,104 |
| Total liabilities | $0 |
| Net assets or fund balances | $185,104 |