Fourth Corner Foundation Inc is located in Windham, VT. The organization was established in 1998. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Fourth Corner 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 12/2021, Fourth Corner Foundation Inc generated $229.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $213.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH A PHYSICAL INSTITUTION FOR THE PERIODIC GATHERING OF INTERESTED PARTIES TO EXPLORE IDEAS, CREATE SPECIFIC DESIGN PROJECTS AND CONSTRUCT EXAMPLES
PROVIDE A RESEARCH CENTER FOR ALL PURSUING RESEARCH RELATED TO OUR MISSION
CREATE AN INTERACTIVE WEBSITE FOR THE EXCHANGE OF IDEAS ON DESIGNING AND CONSTRUCTING MAN-MADE ENVIRONMENTS THAT ARE IN HARMONY WITH NATURE
HOLD EDUCATIONAL DESIGN AND CONCEPT FORMATION SESSIONS FOR GROUPS OF DESIGN PROFESSIONALS, THE VISUAL ARTS AND THE GENERAL PUBLIC
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert F Shannon President | 2 | $0 | |
Steven Fellows Secretary Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $169,887 |
| Interest on Savings | $0 |
| Dividends & Interest | $59,730 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$37 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $229,580 |
| 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 | $1,650 |
| Occupancy | $27,566 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $180,279 |
| Total operating and administrative expenses | $213,316 |
| Contributions, gifts, grants paid | $20 |
| Total expenses and disbursements | $213,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,429 |
| 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 | $0 |
| Net Land, buildings, and equipment | $918 |
| Other assets | $0 |
| Total assets | $4,906,004 |
| 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 |
Over the last fiscal year, Fourth Corner Foundation Inc has awarded $11,250 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
WIKIMEDIA FOUNDATION PURPOSE: EDUCATION | $200 |
WINDHAM FIRE DEPT PURPOSE: COMMUNITY SERVICE | $400 |
FRANK LLOYD WRIGHT FOUNDATION PURPOSE: EDUCATION | $5,000 |
TOWNSEND HISTORICAL SOCIETY PURPOSE: EDUCATION | $5,000 |
WEST RIVER COMMUNITY PURPOSE: EDUCATION | $250 |
WEST TOWNSEND PURPOSE: EDUCATION | $250 |