A & V Kulaev Cultural Heritage Fund
- Assets
- $1.6m
- Revenue
- $40.5k
- Investments
- $1.5m
- Employees
- 0
- Location
- Covina, CA
- Founding
- 10/1997
- Data as of
- 12/2023
- EIN
- 94-3235979
Organization Overview
A & V Kulaev Cultural Heritage Fund is located in Covina, CA. The organization was established in 1997. 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. A & V Kulaev Cultural Heritage Fund 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, A & V Kulaev Cultural Heritage Fund generated $40.5k 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 (8.8%) each year. All expenses for the organization totaled $232.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, A & V Kulaev Cultural Heritage Fund has awarded 70 individual grants totaling $980,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Lynn Vice President | 1 | $300 | |
Karen Ringen President | 20 | $12,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,835 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,295 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,540 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,157 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $24,917 |
| Printing and publications | $0 |
| Other expenses | $13,470 |
| Total operating and administrative expenses | $55,379 |
| Contributions, gifts, grants paid | $177,500 |
| Total expenses and disbursements | $232,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,227 |
| Savings and temporary cash investments | $131,700 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $166 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,476,198 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,622,291 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $10,126 |
| Total liabilities | $10,126 |
Grants Awarded
Over the last fiscal year, A & V Kulaev Cultural Heritage Fund has awarded $177,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CRAFT CONTEMPORARY PURPOSE: THIS GRANT SUPPORTED TWO EXHIBITIONS:(1)DIEDRICK BRACKENS: HEAVEN IS A MUDDY RIVERBED BROUGHTTOGETHER A GROUP OF THE ARTISTS WEAVINGS WHICHCENTERED ON THE CATFISH MOTIF. RECALLING A HAUNTING STORY OF THE DROWNING DEATH OF THREE BLACKMEN IN POLICE CUSTODY IN THE TOWN WHERE BRACKENS WAS RAISED, THE WOVEN TAPESTRIES PAID HOMAGE TOTHE DECEASED AND TO THE MANY SYMBOLS EMBRACED BY BODIES OF WATER.(2) JAISHRI ABICHANDANI: FLOWER HEADED CHILDREN CURATED BY ANU VIKRAM BROUGHT THIS MID-CAREERARTIST RECOGNITION ON THE WEST COAST AND THE EXHIBITION CAN BE CREDITED FOR IGNITING NEW INTEREST IN HER ARTISTIC PRACTICE. THIS BROOKLYN BASED ARTIST WHOSE BRIGHTLY COLORED SCULPTURES SPEAK TOHUMAN RIGHTS, EQUITY FOR ALL AND FEATURED A PORTRAIT GALLERY OF SOUTH ASIAN HEROINES CELEBRATESFEMALE ENERGY WHILE REVEALING THE DARKER SIDE OF FEMALE VICTIMIZATION. | $25,000 |
SONGWRITING WITH SOLDIERS INC PURPOSE: THE PURPOSE OF THIS GRANT WAS TO ASSIST IN ANNIVERSARY CONCERTS AND MANAGE ARCHIVALSONGS. | $15,000 |
NATIONAL COMEDY CENTER PURPOSE: THIS GRANT PROVIDED ASSISTANCE IN DEVELOPMENT OF JOHNNY CARSON SPECIAL EXHIBIT. | $10,000 |
47 PALMER INC PURPOSE: THIS GRANT SUPPORTED LABOR DAY YOUNG ARTISTS PRESENTATION (LIVE AND STREAMED). | $10,000 |
KURT VONNEGUT LIBRARY AND MUSEUM PURPOSE: THIS GRANT WAS IN SUPPORT OF ACTIVITIES SURROUNDING "BANNED BOOKS WEEK." | $15,000 |
SECOND STAGE THEATRE PURPOSE: THIS GRANT PROVIDED SUPPORT TO SAFELY REOPEN THEATERS AND RESUME PRODUCTIONS; PRODUCE FOUR SHOWS TOTAL AT TWO VENUES, THE HAYES THEATER AND THE TONY KISER THEATER, SUPPORT 25+ ARTISTS WITH NEW PLAY DEVELOPMENT ACTIVITIES INCLUDING READINGS, WORKSHOPS, AND COMMISSIONS;MAKE PRODUCTIONS ACCESSIBLE BY PROVIDING AT LEAST 7,000 FREE AND LOW-COST TICKETS THROUGH THE AFFORDABLE TICKET INITIATIVE. | $25,000 |