Carlson Cultural Trust
- Assets
- $642.9k
- Revenue
- $16.8k
- Investments
- $522.2k
- Employees
- 0
- Location
- Nottingham, PA
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 23-7752835
Organization Overview
Carlson Cultural Trust is located in Nottingham, PA. The organization was established in 1994. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carlson Cultural Trust 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, Carlson Cultural Trust generated $16.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $26.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Carlson Cultural Trust has awarded 63 individual grants totaling $229,715. 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 |
|---|---|---|---|
Dave Weaver Trustee | 1 | $0 | |
Richard Humphreys Trustee | 1 | $0 | |
Art Harrington Trustee | 1 | $0 | |
Ediene Ringler Trustee | 1 | $0 | |
Nadiene Friedrich Trustee | 1 | $0 | |
Kesse Humphreys Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,047 |
| Dividends & Interest | $15,755 |
| 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 | $16,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $997 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,096 |
| Total operating and administrative expenses | $6,693 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $26,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $65,720 |
| 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 | $350,661 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $55,054 |
| Total assets | $642,935 |
| 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, Carlson Cultural Trust has awarded $20,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON UNIVERSITY PURPOSE: FELLOWSHIP | $2,500 |
PA ACADEMY OF THE FINE ARTS PURPOSE: FELLOWSHIP | $2,500 |
RED RAVEN ART COMPANY PURPOSE: FELLOWSHIP | $7,000 |
RINGLING COLLEGE OF ART AND DESIGN PURPOSE: FELLOWSHIP | $3,500 |
PRATT INSTITUTE PURPOSE: FELLOWSHIP | $1,000 |
RHODE ISLAND SCHOOL OF DESIGN PURPOSE: FELLOWSHIP | $3,500 |