Westhaven Foundation Inc
- Assets
- $227.1k
- Revenue
- $167.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 10/2008
- Data as of
- 06/2021
- EIN
- 26-2449732
Organization Overview
Westhaven Foundation Inc is located in Franklin, TN. The organization was established in 2008. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Westhaven 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 06/2021, Westhaven Foundation Inc generated $167.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $150.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A LEADER, CATALYST AND RESOURCE FOR PHILANTHROPHY AND EDUCATION IN ORDER TO BUILD AND ENRICH CIVIC AND COMMUNITY LIFE FOR THE RESIDENTS OF WILLIAMSON COUNTY TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARE AND COMPASSION FUND- THE FUND PROVIDES FINANCIAL ASSISTANCE IN EMERGENCY/CRISIS SITUATIONS TO WESTHAVEN RESIDENTS, EMPLOYEES OF WESTHAVEN BUSINESSES, AND OTHER SPECIAL NEEDS OF INDIVIDUALS.
FOUNDATION PARK- ACTIVE CONSTRUCTION OF THE NEW FOUNDATION PARK WHIICH PROVIDES NEIGHBORS WITH GREATER ACCESS AND ENJOYMENT NEXT TO THE WATERFRONT. THE PARK IS A PLACE FOR THE COMMUNITY TO COME TOGETHER IN A SPIRIT OF FUN, HEALTH , AND TOGETHERNESS.
TRAILS MAINTENANCE- FUNDS RAISED TO MAINTAIN OVER TEN MILES OF HIKING TRAILS WHICH ARE APART OF THE WESTHAVEN COMMUNITY.
THERE WERE MANY OTHER ACTIVITIES THAT BENEFITED THE CITIZENS OF WILLIAMSON COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krysia Rozanska Executive Director | Officer | 5 | $7,169 |
Kelly White Executive Director | Officer | 5 | $3,713 |
Jason Kaplan Vice President | OfficerTrustee | 5 | $0 |
Mark Mccuthceon Treasurer | OfficerTrustee | 15 | $0 |
Jeffery Carson President | OfficerTrustee | 10 | $0 |
Amy Law Secretary | OfficerTrustee | 5 | $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 | $157,812 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,812 |
| Total Program Service Revenue | $4,580 |
| Investment income | $1,022 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,541 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,500 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $167,455 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,961 |
| Grants and other assistance to domestic individuals. | $15,481 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $11,138 |
| Compensation of current officers, directors, key employees. | $11,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,064 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,653 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,804 |
| All other expenses | $12,695 |
| Total functional expenses | $150,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,381 |
| Savings and temporary cash investments | $26,328 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,333 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $185,071 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $227,113 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $227,113 |
| Net assets with donor restrictions | $0 |
| 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 | $227,113 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Westhaven Foundation Inc has recieved totaling $1,280.
| Awarding Organization | Amount |
|---|---|
Angel Corps Nashville, TN PURPOSE: GENERAL OPERATING SUPPORT | $1,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts & Science Council Charlotte Mecklenburg Inc Charlotte, NC | $42,519,495 | $11,600,726 |
Frist Art Museum Nashville, TN | $27,247,403 | $12,277,490 |
Professional Photographers Of America Inc Atlanta, GA | $48,960,545 | $12,325,076 |
Textile Rental Services Association Of America Inc Alexandria, VA | $12,660,390 | $5,781,606 |
Inda Association Of The Non Woven Fabrics Industry Cary, NC | $9,846,018 | $4,859,607 |
Andreas H Bechtler Arts Foundation Charlotte, NC | $39,434,021 | $2,461,495 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Virginia Museum Of Contemporary Art Virginia Beach, VA | $2,164,198 | $3,254,466 |
Georgia Association Of Manufacturers Inc Atlanta, GA | $2,700,140 | $2,292,406 |
The Center For Craft Creativity & Design Inc Asheville, NC | $15,329,103 | $2,386,393 |
Forward Arts Foundation Inc Atlanta, GA | $5,240,641 | $1,648,904 |
Southern Highland Handicraft Guild Inc Asheville, NC | $7,206,278 | $2,199,830 |