Fathomers
- Assets
- $1.7m
- Revenue
- $205.8k
- Investments
- $0.0
- Employees
- 0
- Location
- West Hollywood, CA
- Founding
- 03/1995
- Data as of
- 12/2022
- EIN
- 43-1698172
Organization Overview
Fathomers is located in West Hollywood, CA. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Fathomers 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, Fathomers generated $205.8k 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 (15.9%) each year. All expenses for the organization totaled $746.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTED THE DEVELOPMENT, PRODUCTION, AND FACILITATION OF PUBLIC TALKS AND PROGRAMS AND CROSS-DISCIPLINARY WORKSHOPS IN COLLABORATION WITH, AMONG OTHERS, THE JAPANESE AMERICAN CULTURAL & COMMUNITY CENTER IN LOS ANGELES, CALIFORNIA, UNITED STATES, IN CONNECTION WITH LONG-TERM ARTIST PROJECTS.
THE FOUNDATION CONDUCTED AND SUPPORTED GLOBAL CURATORIAL RESEARCH TOWARD A MAJOR PUBLIC EXHIBITION, INCLUDING CONSULTATIONS WITH THE ORGANOID GROUP AT THE HUBRECHT INSTITUTE IN UTRECHT, NETHERLANDS; PROVIDED MATERIALS AND SUPPLIES FOR PROJECTS AT THE INTERSECTION OF ART AND SCIENCE; AND SUPPORTED THE DEVELOPMENT OF PUBLIC COMMUNICATIONS IN CONNECTION WITH ARTIST PROJECTS.
THE FOUNDATION PROVIDED CRITICAL STUDIO SUPPORT, CREATIVE PRODUCTION, AND DOCUMENTATION EQUIPMENT; CONDUCTED DEVELOPMENT AND PARTNERSHIP OUTREACH; AND MADE DIRECT PAYMENTS TO ARTISTS.
THE FOUNDATION SUPPORTED GLOBAL RESEARCH AND SITE VISITS IN COLLABORATION WITH, AMONG OTHERS, THE VERA C. RUBIN OBSERVATORY IN ELQUI PROVINCE, CHILE; FUNDED MATERIALS STORAGE, INSURANCE, AND RESEARCH; AND FACILITATED ARTIST RESIDENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Switzer President And Treasurer | 40 | $98,125 | |
Eric Dobbins Secretary | 40 | $84,329 | |
Dwight C Arn Vice President | 1 | $0 | |
Margaret Silva Vice President | 1 | $0 | |
Andrew Torrance Vice President | 1 | $0 | |
Meredith Rogers Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $205,393 |
| 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 | $395 |
| Total Revenue | $205,788 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $182,454 |
| Other employee salaries and wages | $186,442 |
| Pension plans, employee benefits | $69,644 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $9,587 |
| Travel, conferences, and meetings | $76,494 |
| Printing and publications | $139 |
| Other expenses | $63,291 |
| Total operating and administrative expenses | $746,645 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $746,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $467,325 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $1,200,000 |
| 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 | $15,304 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,682,629 |
| Accounts payable and accrued expenses | $5,375 |
| Grants payable | $0 |
| 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 | $5,375 |