Des Moines Legacy Foundation is located in Des Moines, WA. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Des Moines Legacy 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, Des Moines Legacy Foundation generated $34.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $21.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 9 years. 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
PROVIDED ARTS SCHOLOARSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Snure Vice President | 1 | $0 | |
Brandie Holmes Secretary | 2 | $0 | |
Hallie Marks Treasurer | 3 | $0 | |
Patrice Thorell President | 4 | $0 | |
Gene Achziger Director | 1 | $0 | |
Ruth Ballard Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,094 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5,829 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $22,469 |
Other Revenue | $0 |
Total Revenue | $34,392 |
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 | $2,688 |
Printing, publications, postage, and shipping | $248 |
Other expenses | $16,680 |
Total expenses | $21,616 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $273,447 |
Other assets | $0 |
Total assets | $273,447 |
Total liabilities | $0 |
Net assets or fund balances | $273,447 |