The Mabel Mercer Foundation Inc

Organization Overview

The Mabel Mercer Foundation Inc is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Mabel Mercer Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mabel Mercer 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 12/2022, Mabel Mercer Foundation Inc generated $501.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $465.8k during the year ending 12/2022. While expenses have increased by 7.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CABARET AND PERFORMING ARTS PROMOTION AND PRESERVATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENERAL PROGRAMS - THE MABEL MERCER FOUNDATION SERVES THE GENERAL PUBLIC IN DEVELOPING, HONORING, PROMOTING, AND PRESERVING THE PERFORMING ARTS. THE FOUNDATION HOSTS NUMEROUS ARTISTIC EVENTS AND PROGRAMS THROUGHOUT THE WORLD HELPING PRESERVE THE MUSICAL ART FORM OF CABARET AND GENERATING INTEREST IN THIS ART FORM WORLDWIDE.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Meadows
VP And Treasurer
$54,635
Jeannie K Sullivan
President
$49,490
Howard L Morgan
Board Chairman
$0
John E Donnelly
Board Secretary
$0
Sue Bullock
Trustee
$0
Adela Elow
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$275,483
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$275,483
Total Program Service Revenue$225,729
Investment income $11
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $501,418

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