New Sun Rising
- Assets
- $4.0m
- Revenue
- $3.7m
- Investments
- $100.0
- Employees
- 7
- Location
- Pittsburgh, PA
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-3496988
Organization Overview
New Sun Rising is located in Pittsburgh, PA. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, New Sun Rising employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Sun Rising 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, New Sun Rising generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $3.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, New Sun Rising has awarded 30 individual grants totaling $2,229,572. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD VIBRANT COMMUNITIES THROUGH CULTURE, SUSTAINABILITY, AND OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENTITY RUNS A FISCAL SPONSORSHIP PROGRAM TO PROVIDE ACCESS TO RESTRICTED FUNDING, GRANTS, TAX-DEDUCTIBLE DONATIONS FOR REGIONAL PROJECTS.
THE ORGANIZATION PROVIDES CAPACITY BUILDING AND INTERMEDIARY FUNDING SERVICES TO EARLY STAGE ORGANIZATIONS WHO CREATE POSITIVE SOCIOECONOMIC IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sangya Gyawali Treasurer | OfficerTrustee | 2 | $0 |
Brandon Hochstetler Board Member | Trustee | 2 | $0 |
Ron Gaydos Board Member | Trustee | 2 | $0 |
Daniel Rossi-Keen PHD Chair | OfficerTrustee | 2 | $0 |
Christopher Ellis Board Member | Trustee | 2 | $0 |
Katie Grimm Board Member | Trustee | 2 | $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 | $890,749 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $890,749 |
| Total Program Service Revenue | $2,747,838 |
| Investment income | $24,367 |
| 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 | $3,688,003 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,066 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,490 |
| Compensation of current officers, directors, key employees. | $29,751 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $367,182 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,876 |
| Payroll taxes | $31,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $688 |
| Fees for services: Accounting | $43,637 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,306 |
| Advertising and promotion | $1,738 |
| Office expenses | $80,098 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,598 |
| Travel | $201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,264 |
| Interest | $290 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,381 |
| Insurance | $5,432 |
| All other expenses | $23,020 |
| Total functional expenses | $3,642,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $710,394 |
| Savings and temporary cash investments | $2,230,426 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,965 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $532,740 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $272,225 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $100 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $220,755 |
| Total assets | $4,005,605 |
| Accounts payable and accrued expenses | $2,428,844 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $31,340 |
| Other liabilities | $0 |
| Total liabilities | $2,460,184 |
| Net assets without donor restrictions | $811,907 |
| Net assets with donor restrictions | $733,514 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,005,605 |
Grants Awarded
Over the last fiscal year, New Sun Rising has awarded $2,149,072 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ASSEMBLE INC PURPOSE: THE RAMP UP FELLOWSHIP AIMS TO PROVIDE EQUITABLE AND SUSTAINABLE EMPLOYMENT WITH LEARNING OPPORTUNITIES FOR YOUNG BIPOC AND LGBTQIA CREATIVES LOOKING TO BECOME ARTS EDUCATORS | $100,000 |
BEAVER COUNTY REGIONAL COUNCIL OF GOVERNMENTS PURPOSE: TO CONNECT REGIONAL ARTISTS TO ONE ANOTHER, TO THE COMMUNITY, AND TO THOSE RESOURCES REQUIRED FOR MAKING ART AN INDISPENSABLE FEATURE OF BEAVER COUNTY'S IDENTITY. | $100,000 |
BALAFON WEST AFRICAN DANCE ENSEMBLE INC PURPOSE: TO SUPPORT THE DEVELOPMENT OF AN AFRICANA ARTS COUNCIL THAT CONTRIBUTES TO THE STRENGTHENING OF AFRICANA ARTISTS, ARTS ORGANIZATIONS, AND THE FIELD OF AFRICANA ARTS. | $61,000 |
GREATER PITTSBURGH ARTS COUNTIL PURPOSE: TO UNDERTAKE A JOINT FACILITIES ASSESSMENT THAT PROVIDES PARTNER ORGANIZATIONS WITH RESPECTIVE EVALUATIONS OF THEIR VENUE(S)/FACILITY(IES) AIR QUALITY AND RECOMMENDATIONS TO INCREASE AIR QUALITY TO MEET AND/OR SURPASS CDC AND ASHRAE STANDARDS. | $57,747 |
CASA SAN JOSE PURPOSE: TO DEVELOP THE PGH LATINX ARTIST RESIDENCY(P-LAR), A 10-MONTH OPPORTUNITY FOR EMERGING LATINX ARTISTS IN ALLEGHENY COUNTY, WHO WILL RECEIVE SUPPORT IN CAREER DEVELOPMENT AND SUSTAINABILITY. | $100,000 |
BLOOMFIELD-GARFIELD CORP PURPOSE: TO UPLIFT, OVERLAP, AND ASSIMILATE BEST PRACTICE OF BOTH ENTITIES IN EFFORTS TO PRESENT A STRONGER UNIFIED PROGRAM AND PRODUCTION PORTFOLIO. | $100,000 |