Reversible Destiny Foundation Inc

Organization Overview

Reversible Destiny Foundation Inc is located in Brooklyn, NY. The organization was established in 2011. According to its NTEE Classification (V20) the organization is classified as: Social Science, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reversible Destiny 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 12/2021, Reversible Destiny Foundation Inc generated $800.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $770.0k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE REVERSIBLE DESTINY FOUNDATION WAS FOUNDED BY ARAKAWA AND MADELINE GINS TO PROMOTE THEIR WORK AND PHILOSPHY IN THE AREAS OF ART, ARCHITECTURE AND WRITING. THE FOUNDATION IS DEDICATED TO SUPPORTING RESEARCH AND GREATER PUBLIC INTEREST IN THE IDEAS AND ARTISTIC PRACTICE OF ARAKAWA AND MADELINE GINS THROUGH A RANGE OF INITIATIVES TO FURTHER ADVANCE AND PRESERVE THEIR LEGACY.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $800,000
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 $0
Total Revenue $800,000

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