Foundation For The Open Eye Inc is located in Margaretville, NY. The organization was established in 1973. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Foundation For The Open Eye 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 09/2023, Foundation For The Open Eye Inc generated $146.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $120.9k during the year ending 09/2023. While expenses have increased by 6.4% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PRODUCTION PERFORMANCES TOOK PLACE IN ACCORDANCE WITH THE CORPORATE CHARTER
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,169 |
| Total Program Service Revenue | $10,148 |
| Membership dues | $1,930 |
| Investment income | $35 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $758 |
| Total Revenue | $146,040 |
| 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 | $6,590 |
| Occupancy, rent, utilities, and maintenance | $16,719 |
| Printing, publications, postage, and shipping | $1,451 |
| Other expenses | $96,140 |
| Total expenses | $120,900 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,021 |
| Other assets | $0 |
| Total assets | $100,352 |
| Total liabilities | $4,173 |
| Net assets or fund balances | $96,179 |