Second Ward Foundation is located in Ancram, NY. The organization was established in 2013. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Second Ward 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 12/2023, Second Ward Foundation generated $64.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (16.3%) each year. All expenses for the organization totaled $47.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCREENING OF THE FILM "AGNOSIA" BY JAMES AUTERY AT PRIVATE PUBLIC GALLERY IN HUDSON, NY WITH FUNDING PROVIDED BY SECOND WARD FOUNDATION. SCREENING FROM JULY 8, 2023 - JULY 23,02023.
ANIMATION FILM EVENT FEATURING THE FILMS BY WILLIAM KENTRIDGE,MICHAEL LAVINE AND ALESANDRO PESSOLI ALONG WITH A QUESTION AND ANSWER SESSION WITH THE ARTIST MICHAEL LAVINE.
POETRY, PERFORMANCE AND CONVERSATION WITH POETS TRACI MORRIS AND TONGO EISEN-MARTIN IN COLLABORATION WITH THE FLOWCHART FOUNDATION.
LOAN 6 ARTWORKS BY CHRISTIAN MARCLAY TO THE CENTRE POMPIDOU FOR THE SHOW "CHRISTIAN MARCLAY". EXHIBITED FROM NOVEMBER 16, 2022 TO FEBRUARY 27, 2023.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Johnson Director | 5 | $0 | |
Walter Sudol Director | 25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $38,500 |
| 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 | $26,302 |
| Total Revenue | $64,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,415 |
| Depreciation | $10,576 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,546 |
| Total operating and administrative expenses | $42,796 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $47,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,804 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,982 |
| Other assets | $3,196,100 |
| Total assets | $3,241,886 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |