Channing-Murray Foundation is located in Urbana, IL. The organization was established in 1968. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Channing-Murray Foundation employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Channing-Murray 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, Channing-Murray Foundation generated $189.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $205.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CHANNING-MURRAY FOUNDATION IS TO PROVIDE EDUCATIONAL OPPORTUNITIES TO EXPLORE UNITARIAN-UNIVERSALISM SPIRITUALLY, REFLECT OUR CONCERN FOR SOCIAL JUSTICE, AND AFFIRM DIVERSITY THROUGH OUTREACH TO THE CAMPUS COMMUNITY OF URBANA-CHAMPAIGN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIONAL OPPORTUNITIES TO EXPLORE UNITARIAN-UNIVERSALISM SPIRITUALLY, REFLECT OUR CONCERN FOR SOCIAL JUSTICE, AND AFFIRM DIVERSITY THROUGH OUTREACH TO THE CAMPUS COMMUNITY OF URBANA-CHAMPAIGN.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Kristen Cale Board Member | Trustee | 1 | $0 | 
| Carol Inskeep Board Member | Trustee | 1 | $0 | 
| Nancy Pena Student Board Representative | Trustee | 1 | $0 | 
| Lauren Kolb Board Member | Trustee | 1 | $0 | 
| Lisa Haynes Board Member | Trustee | 1 | $0 | 
| Hannah Sheets Secretary | Officer | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $90,599 | 
| All other contributions, gifts, grants, and similar amounts not included above | $31,653 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,252 | 
| Total Program Service Revenue | $56,865 | 
| Investment income | $10,675 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $189,792 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $0 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $25,313 | 
| Compensation of current officers, directors, key employees. | $25,313 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $99,603 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $0 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $1,300 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $3,380 | 
| Advertising and promotion | $58 | 
| Office expenses | $9,564 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $19,090 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $1,736 | 
| Interest | $96 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $7,752 | 
| All other expenses | $0 | 
| Total functional expenses | $205,923 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1,357 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $43 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Land, buildings, and equipment | $47,181 | 
| Investments—publicly traded securities | $256,220 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $302,087 | 
| Accounts payable and accrued expenses | $6,297 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $6,297 | 
| Net assets without donor restrictions | $295,790 | 
| Net assets with donor restrictions | $0 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $0 | 
| Total liabilities and net assets/fund balances | $302,087 |