Mex-Am Cultural Foundation Inc
- Assets
- $397.2k
- Revenue
- $15.9k
- Investments
- $389.9k
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1986
- Data as of
- 09/2023
- EIN
- 13-3328723
Organization Overview
Mex-Am Cultural Foundation Inc is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mex-Am Cultural 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 09/2023, Mex-Am Cultural Foundation Inc generated $15.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $147.6k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mex-Am Cultural Foundation Inc has awarded 25 individual grants totaling $194,500. 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 |
|---|---|---|---|
William J Brown President | 10 | $7,500 | |
Milton Schwartz Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,935 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,935 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,500 |
| 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 | $0 |
| Other expenses | $4,918 |
| Total operating and administrative expenses | $50,621 |
| Contributions, gifts, grants paid | $97,000 |
| Total expenses and disbursements | $147,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,268 |
| Savings and temporary cash investments | $0 |
| 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 | $389,947 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $397,215 |
| 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, Mex-Am Cultural Foundation Inc has awarded $97,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
COVENANT HOUSE INTERNATIONAL PURPOSE: COVENANT HOUSE OPERATIONS IN MEXICO - CASA ALIANZA PROGRAMS | $7,500 |
PARRISH ART MUSEUM PURPOSE: EXHIBITION " KAHLO: AN EXPANDED BODY EXHIBITION" | $7,500 |
THE METROPOLITAN MUSEUM OF ART PURPOSE: EXHIBITION "LIVES OF THE GODS: DIVINITY IN MAYA ART" | $15,000 |
AMERICAS SOCIETY INC PURPOSE: 2023-2024 MUSIC OF THE AMERICAS CONCERT SERIES | $7,500 |
CINE QUA NON LAB PURPOSE: THE SCRIPT REVISION LAB 2023 AN ARTIST RESIDENCY FOR FILMMAKERS | $7,500 |
COVENANT HOUSE PURPOSE: FAMILY REINTEGRATION AND INDEPENDENT LIVING PROGRAM | $10,000 |