Riser Foundation
- Assets
- $49.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 27-0705026
Organization Overview
Riser Foundation is located in Nashville, TN. The organization was established in 2010. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Riser 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 12/2021, Riser Foundation generated $132.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $300.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Riser Foundation has awarded 30 individual grants totaling $1,626,355. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GRANTS AWARDED TO SPECIFIC CHARITABLE ORGANIZATIONS AND INDIVIDUALS CHOSEN BY THE OFFICERS AND BOARD MEMBERS OF THE FOUNDATION IN ACCORDANCE WITH THE PRIMARY PURPOSE OF RISER FOUNDATION'S EXEMPT STATUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick D Bentley President | 2 | $0 | |
James H Cheek IV Chief Financial Officer | 1 | $0 | |
Cassidy Bentley Board Member | 5 | $0 | |
Jay Williams Vice President | 1 | $0 | |
Mary H Harrington Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,687 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,733 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $912 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $772 |
| Total expenses | $300,443 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,673 |
| Other assets | $0 |
| Total assets | $49,165 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,165 |
Grants Awarded
Over the last fiscal year, Riser Foundation has awarded $556,470 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: GENERAL SUPPORT | $251,470 |
Brentwood, TN PURPOSE: FUND THE CONSTRUCTION OF THE NEW LOVE ONE RESCUE CENTER | $100,000 |
Nashville, TN PURPOSE: GENERAL SUPPORT | $50,000 |
Nashville, TN PURPOSE: GENERAL SUPPORT | $50,000 |
Nashville, TN PURPOSE: GENERAL SUPPORT | $25,000 |
Nashville, TN PURPOSE: GENERAL SUPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Riser Foundation has recieved totaling $30,200.
| Awarding Organization | Amount |
|---|---|
Tournaments For Charity Dublin, OH PURPOSE: GENERAL SUPPORT | $25,000 |
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: BENEFITING HORIZONS | $5,000 |
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: BENEFITING THE HORIZONS PROGRAM IN HONOR JAY WILLIAMS AND JAMIE CHEEK | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trio Foundation St Louis, MO | $39,212,571 | $11,850,329 |
Music Maker Relief Foundation Inc Hillsborough, NC | $1,058,150 | $1,076,800 |
Harrison High Band Boosters Inc Kennesaw, GA | $195,201 | $387,122 |
Lafayette Band Association Lexington, KY | $190,820 | $419,939 |
Municipal Band Of Charlottesville Inc Charlottesville, VA | $2,432,424 | $628,536 |
Hillgrove High School Band Boosterclub Marietta, GA | $146,405 | $332,631 |
Riser Foundation Nashville, TN | $49,165 | $0 |
Harps Foundation Richmond, VA | $285,568 | $439,266 |
Playback Memphis Memphis, TN | $2,216,872 | $146,708 |
Pope Band Parents Association Inc Marietta, GA | $209,475 | $226,396 |
George H Buck Jr Jazzology Foundation Inc Columbus, GA | $4,320,599 | $533,652 |
Atlanta Chamber Players Inc Atlanta, GA | $279,272 | $217,838 |