Genesis America Inc
- Assets
- $219.7k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 30-0246732
Organization Overview
Genesis America Inc is located in null. The organization was established in 2005. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Genesis America Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Genesis America Inc has awarded 141 individual grants totaling $5,504,226. 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
GENESIS FOUNDATION: UNRESTRICTED USE ON ARTS PROJECTS, COMMISSIONS AND EVENTS, AND TO SUPPORT THE GENERAL RUNNING OF THE CHARITY
THE SISTEEN: DONATION TO THE GENESIS SIXTEEN, A YOUNG ARTISTS SCHEME, DELIVERED AT NO CHARGE TO PARTICIPANTS, WHICH AIMS TO NURTURE THE NEXT GENERATION OF TALENTED CHORAL SINGERS
THE ROYAL NATIONAL THEATRE: DONATION TO THE GENESIS MUSIC THEATRE PROGRAMME. THIS PROVIDES SUPPORT FOR ARTISTS AT THE NATIONAL THEATRE AS THEY DEVELOP BOLD, ACCESSIBLE FORMS OF BRITISH MUSIC THEATRE
YOUNG VIC: GRANT IN SUPPORT OF THE GENESIS FUTURE DIRECTORS AWARD, TO NURTURE AND DEVELOP EMERGING YOUNG DIRECTORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Joseph Studzinski President/director | 3 | $0 | |
Andrew Joseph Passeri Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,830,281 |
| Interest on Savings | $635 |
| 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 | $1,830,916 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,156 |
| Total operating and administrative expenses | $65,657 |
| Contributions, gifts, grants paid | $1,859,698 |
| Total expenses and disbursements | $1,925,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,247 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $123 |
| Net Pledges Receivable | $0 |
| Grants receivable | $97,356 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $219,726 |
| Accounts payable and accrued expenses | $28,967 |
| Grants payable | $22,049 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $51,016 |
Grants Awarded
Over the last fiscal year, Genesis America Inc has awarded $1,859,698 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
GENESIS FOUNDATION PURPOSE: GRANT IN SUPPORT OF THE GENESIS FOUNDATION | $347,240 |
YOUNG VIC PURPOSE: GRANT IN RELATION TO YOUNG VIC PRODUCTIONS | $184,957 |
THE ROYAL NATIONAL THEATRE PURPOSE: IN SUPPORT OF THE WORK OF THE THEATRE | $123,305 |
THE SIXTEEN PURPOSE: IN RELATION TO THE MUSICAL EDUCATION OF COHORTS WITHIN THE CHOIR. | $289,766 |
PAPATANGO THEATRE COMPANY PURPOSE: IN SUPPORT OF THE WORK OF THE THEATRE | $18,496 |
CATHEDRAL MUSIC TRUST PURPOSE: A GRANT IN SUPPORT OF CATHEDRAL MUSIC | $15,413 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|