Francis J Greenburger Foundation Inc is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Francis J Greenburger 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, Francis J Greenburger Foundation Inc generated $464.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (48.6%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS INCLUDED IN THE ART FIELD
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis Greenburger Director | 1 | $0 | |
Robert Kantror Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $935 |
| Net Rental Income | $239,986 |
| 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 | $464,553 |
| 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 | $422,155 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $230,664 |
| Total operating and administrative expenses | $652,819 |
| Contributions, gifts, grants paid | $809,340 |
| Total expenses and disbursements | $1,462,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,923 |
| 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 | $512 |
| Net Investments - land, buildings, equipment | $12,125,470 |
| Investments—mortgage loans | $0 |
| Investments—other | $252,696 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $33,250 |
| Total assets | $12,712,851 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $800,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $130,413 |
| Total liabilities | $930,413 |