The Ray And Wyn Ritchie Evans Foundation
- Assets
- $9.8m
- Revenue
- $634.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Culver City, CA
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3147090
Organization Overview
The Ray And Wyn Ritchie Evans Foundation is located in Culver City, CA. The organization was established in 2009. 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. Ray And Wyn Ritchie Evans 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, Ray And Wyn Ritchie Evans Foundation generated $634.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $668.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ray And Wyn Ritchie Evans Foundation has awarded 175 individual grants totaling $1,158,650. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAY EVANS WEBSITE - EXPENSES INCURRED TO MAINTAIN PUBLIC INTEREST IN THE MUSIC CATALOG AND NAME OF RAY EVANS IN AN EFFORT TO PROMOTE AMERICAN SONGS AND SONGWRITERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick M Nicholas President | 15 | $0 | |
Anthony E Nicholas Secretary | 30 | $100,000 | |
Lisa Duckett CFO | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $634,371 |
| Total Revenue | $634,371 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $143,220 |
| Other employee salaries and wages | $137,563 |
| Pension plans, employee benefits | $13,021 |
| Interest | $0 |
| Taxes | $7,625 |
| Depreciation | $1,750 |
| Occupancy | $77,681 |
| Travel, conferences, and meetings | $26,180 |
| Printing and publications | $0 |
| Other expenses | $101,303 |
| Total operating and administrative expenses | $510,871 |
| Contributions, gifts, grants paid | $158,000 |
| Total expenses and disbursements | $668,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $736,434 |
| Savings and temporary cash investments | $0 |
| 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 | $1,006 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,330 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $8,906 |
| Other assets | $9,020,784 |
| Total assets | $9,773,460 |
| Accounts payable and accrued expenses | $3,168 |
| 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 | $3,709 |
| Total liabilities | $6,877 |
Grants Awarded
Over the last fiscal year, The Ray And Wyn Ritchie Evans Foundation has awarded $158,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY MUSEUM OF MOTION PICTURES PURPOSE: GENERAL | $5,000 |
ARTLAB21 FOUNDATION PURPOSE: GENERAL | $5,000 |
BEIT T'SHUVAH PURPOSE: GENERAL | $5,000 |
BOYS & GIRLS CLUB OF VENICE PURPOSE: GENERAL | $6,000 |
CATTARAUGUS COUNTY LIVING ARTS ASSC PURPOSE: GENERAL | $5,000 |
DAISY JOPLING MUSIC MENTORSHIP FOUNDATION PURPOSE: GENERAL | $5,000 |