Mkm Foundation
- Assets
- $20.2m
- Revenue
- $690.8k
- Investments
- $17.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 02/1999
- Data as of
- 12/2022
- EIN
- 23-7966478
Organization Overview
Mkm Foundation is located in Wilmington, DE. The organization was established in 1999. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Mkm Foundation 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, Mkm Foundation generated $690.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mkm Foundation has awarded 369 individual grants totaling $7,018,000. 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 |
|---|---|---|---|
Marie O'donnell Trustee | 1 | $0 | |
Elizabeth Anne Vogelmann Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northern Trust | 12/30/22 | $54,442 |
Foundation Source | 12/30/22 | $69,185 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,559 |
| Dividends & Interest | $322,039 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $334,038 |
| Capital Gain Net Income | $334,004 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,128 |
| Total Revenue | $690,764 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $87,499 |
| Total operating and administrative expenses | $191,924 |
| Contributions, gifts, grants paid | $2,000,000 |
| Total expenses and disbursements | $2,191,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,459,720 |
| Net Accounts receivable | $1,264 |
| 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 | $204,856 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,157,681 |
| 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, Mkm Foundation has awarded $2,000,000 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
ABORTION LIBERATION FUND OF PA PURPOSE: GENERAL & UNRESTRICTED | $35,000 |
ACHIEVE NOW PURPOSE: GENERAL & UNRESTRICTED | $75,000 |
AMERICAN DANCEWHEELS FOUNDATION INC PURPOSE: GENERAL & UNRESTRICTED | $8,000 |
ACHIEVEABILITY PURPOSE: GENERAL & UNRESTRICTED | $15,000 |
ARDEN THEATRE COMPANY PURPOSE: TEATRO DEL SOL | $10,000 |
AZUKA THEATRE COLLECTIVE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |