Gerry And Franca Mulligan Foundation Inc
- Assets
- $134.7k
- Revenue
- $30.6k
- Investments
- $54.9k
- Employees
- 0
- Location
- Darien, CT
- Founding
- 07/2001
- Data as of
- 12/2023
- EIN
- 06-1606023
Organization Overview
Gerry And Franca Mulligan Foundation Inc is located in Darien, CT. The organization was established in 2001. 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. Gerry And Franca Mulligan Foundation Inc 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, Gerry And Franca Mulligan Foundation Inc generated $30.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $24.0k during the year ending 12/2023. While expenses have increased by 26.7% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Franca R Mulligan President | 10 | $0 | |
Mia Toschi Executive Director | 10 | $0 | |
Jeannie Toshi Visconti Marazzani International Director | 0 | $0 | |
Suzanne Adiletta Secretary/treasurer | 0 | $0 | |
Gregory Kearney Fundraising Director | 0 | $0 | |
Ted Hogarth Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,325 |
| Interest on Savings | $73 |
| Dividends & Interest | $2,222 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,039 |
| Capital Gain Net Income | $12 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $976 |
| Total Revenue | $30,557 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $494 |
| Other expenses | $7,378 |
| Total operating and administrative expenses | $18,674 |
| Contributions, gifts, grants paid | $5,327 |
| Total expenses and disbursements | $24,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,493 |
| Savings and temporary cash investments | $70,355 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| 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 | $54,854 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $134,702 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Gerry And Franca Mulligan Foundation Inc has awarded $5,292 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SEAN MCCOY PURPOSE: EDUCATION | $250 |
SETH SANDOVAL PURPOSE: EDUCATION | $100 |
OLIVER SHIFRIN PURPOSE: EDUCATION | $500 |
JIAKUN HUANG PURPOSE: EDUCATION | $500 |
EVAN CERNE PURPOSE: EDUCATION | $250 |
GASPAR APOLINAR PURPOSE: EDUCATION | $100 |