Arca Foundation
- Assets
- $46.4m
- Revenue
- $3.0m
- Investments
- $45.2m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/1954
- Data as of
- 12/2022
- EIN
- 13-2751798
Organization Overview
Arca Foundation is located in Washington, DC. The organization was established in 1954. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Arca 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 12/2022, Arca Foundation generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Arca Foundation has awarded 159 individual grants totaling $10,759,000. 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 |
|---|---|---|---|
Nicole Bagley President | 30 | $24,625 | |
Margery Tabankin Vice President | 5 | $10,000 | |
Janet Shenk Treasurer | 5 | $10,000 | |
Nancy Bagley Board Member | 5 | $10,000 | |
Mary King Secretary | 5 | $10,000 | |
Joseph Eldridge Board Member | 5 | $10,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Veris Wealth Partners | 12/30/22 | $118,455 |
Cbre Inc | 12/30/22 | $80,000 |
Reliant Realty Advisors | 12/30/22 | $80,000 |
Brown Advisory | 12/30/22 | $79,070 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $731,694 |
| Net Rental Income | $802 |
| Net Gain on Sale of Assets | $2,127,093 |
| Capital Gain Net Income | $1,122,619 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $128,080 |
| Total Revenue | $3,030,669 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $373,820 |
| Other employee salaries and wages | $87,550 |
| Pension plans, employee benefits | $39,019 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $5,101 |
| Occupancy | $80,809 |
| Travel, conferences, and meetings | $64,100 |
| Printing and publications | $3,626 |
| Other expenses | $292,703 |
| Total operating and administrative expenses | $1,279,391 |
| Contributions, gifts, grants paid | $3,884,500 |
| Total expenses and disbursements | $5,163,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,804 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $37,236 |
| Net Pledges Receivable | $43,000 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,408 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $19,073,499 |
| Net Land, buildings, and equipment | $36,947 |
| Other assets | $482,156 |
| Total assets | $46,409,213 |
| Accounts payable and accrued expenses | $26,637 |
| Grants payable | $80,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $537,878 |
| Total liabilities | $644,515 |
Grants Awarded
Over the last fiscal year, Arca Foundation has awarded $3,884,500 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE OF CALIFORNIANS FOR COMMUNITY EMPOWERMENT (ACCE) INSTITUTE PURPOSE: GENERAL SUPPORT | $5,000 |
ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE PURPOSE: GENERAL SUPPORT | $100,000 |
ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE PURPOSE: SMITH BAGLEY AWARD | $25,000 |
ADVANCE DECMOCRACY INC PURPOSE: GENERAL SUPPORT | $75,000 |
ALLIANCE FOR YOUTH ORGANIZING PURPOSE: PROJECT SUPPORT | $100,000 |
AMALGAMATED CHARITABLE FUND PURPOSE: SUPPORT FOR THE JUST FUTURE FUND | $230,000 |