Akf Foundation For Culture And Environment
- Assets
- $237.6k
- Revenue
- $26.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Mt Vision, NY
- Founding
- 07/2009
- Data as of
- 08/2024
- EIN
- 26-3398852
Organization Overview
Akf Foundation For Culture And Environment is located in Mt Vision, NY. The organization was established in 2009. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Akf Foundation For Culture And Environment 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 08/2024, Akf Foundation For Culture And Environment generated $26.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $26.6k during the year ending 08/2024. While expenses have increased by 12.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSTED RESIDENCIES FOR 39 ARTISTS AND EDUCATORS (INCLUDING 1 VETERAN). THE "ARTIST DIRECTED" PROGRAM CONTINUED. MOST ARTISTS ATTENDED FOR ONE TO TWO WEEKS, HOWEVER ONE WRITER/PERFORMER WHO IS FACING A LIFE TRANSITION STAYED FOR THE ENTIRE YEAR.
MAINTAINED PROPERTY ACQUIRED FOR ENVIRONMENTAL CONSERVATION AND ECOLOGICAL SUSTAINABILITY.
LEADERSHIP TRAINING
ENGAGED WITH THE COMMUNITY BY HOSTING A NATIONAL SCIENCE FOUNDATION RECOGNIZED MUSICIAN FROM ANTARCTICA PROGRAM WHO PRESENTED A PROJECT ON SONIFICATION FOR SUNY ONEONTA; ALSO HOSTED AN ACTOR WHO PERFORMED AT HYDE HALL IN COOPERSTOWN AND THE FOOTHILLS PLAYHOUSE IN ONEONTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen A Shafer President | 10 | $0 | |
Ralph Bloom III Vp/secretary | 0.5 | $0 | |
David Mcnamara Vp/treasurer | 0.5 | $0 | |
John Wyzsniewski Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,052 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,350 |
| 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 | $338 |
| Total Revenue | $26,740 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,012 |
| Depreciation | $0 |
| Occupancy | $11,200 |
| Travel, conferences, and meetings | $500 |
| Printing and publications | $0 |
| Other expenses | $4,644 |
| Total operating and administrative expenses | $26,626 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $26,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,951 |
| Savings and temporary cash investments | $103,472 |
| 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 | $123,200 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $237,623 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $79,573 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $79,573 |