Dub & Murray Martin Cherokke Tr
- Assets
- $722.8k
- Revenue
- $30.1k
- Investments
- $680.0k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 25-6884552
Organization Overview
Dub & Murray Martin Cherokke Tr is located in Las Vegas, NV. The organization was established in 2006. 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. Dub & Murray Martin Cherokke Tr 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, Dub & Murray Martin Cherokke Tr generated $30.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $55.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Dub & Murray Martin Cherokke Tr has awarded 46 individual grants totaling $134,000. 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 |
|---|---|---|---|
Esther Manchester Foundation Director | 1 | $250 | |
Wayne Holland Jr Foundation Director | 1 | $250 | |
William A Hoover Jr Foundation Director | 1 | $250 | |
Wells Fargo Bank N A Trustee | 1 | $11,958 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,636 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,469 |
| Capital Gain Net Income | $4,469 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,105 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,384 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,420 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $15,549 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $55,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,721 |
| 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 | $680,039 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $722,760 |
| 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, Dub & Murray Martin Cherokke Tr has awarded $40,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
HINTON RURAL LIFE CENTER PURPOSE: GENERAL OPERATING | $5,000 |
LILLITH LIDSEEN PERFORMING ARTSASSOCIATI PURPOSE: GENERAL OPERATING | $5,000 |
CHEROKEE COUNTY ARTS COUNCIL OF NC PURPOSE: GENERAL OPERATING | $5,000 |
THE STILL PLACE INC PURPOSE: GENERAL OPERATING | $5,000 |
REACH OF CHEROKEE COUNTY INC PURPOSE: GENERAL OPERATING | $3,000 |
ONE DOZEN WHO CARE PURPOSE: GENERAL OPERATING | $4,000 |