Wente Family Foundation For Arts Education
- Assets
- $39.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Livermore, CA
- Founding
- 04/2014
- Data as of
- 12/2022
- EIN
- 45-4429851
Organization Overview
Wente Family Foundation For Arts Education is located in Livermore, CA. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Wente Family Foundation For Arts Education 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, Wente Family Foundation For Arts Education generated $17.2k 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 (24.4%) each year. All expenses for the organization totaled $71.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Wente Family Foundation For Arts Education has awarded 15 individual grants totaling $349,995. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING ARTS EDUCATION PROGRAMS IN SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Wente President | 9.62 | $0 | |
Suzy Potts Board Member | 0.96 | $0 | |
Karl Wente Board Member | 0.96 | $0 | |
Jordan Wente Board Member | 0.96 | $0 | |
Aly Wente Board Member | 0.96 | $0 | |
Niki Wente Board Member | 0.96 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,160 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,160 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $370 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,120 |
| Total expenses | $71,602 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,461 |
| Other assets | $0 |
| Total assets | $39,061 |
| Total liabilities | $128 |
| Net assets or fund balances | $38,933 |
Grants Awarded
Over the last fiscal year, Wente Family Foundation For Arts Education has awarded $185,565 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
DIABLO BALLET PURPOSE: SUPPORT FOR ARTS EDUCATION | $6,000 |
QUEST SCIENCE CENTER PURPOSE: SUPPORT FOR ARTS EDUCATION | $40,000 |
FIND YOUR LIGHT FOUNDATION PURPOSE: SUPPORT FOR ARTS EDUCATION | $35,000 |
LIVERMORE SHAKESPEARE FESTIVAL PURPOSE: SUPPORT FOR ARTS EDUCATION | $51,000 |
YOUNG REMBRANDTS PURPOSE: SUPPORT FOR ARTS EDUCATION | $7,140 |
PACIFIC CHAMBER ORCHESTRA PURPOSE: SUPPORT FOR ARTS EDUCATION | $10,000 |