Marignoli Di Montecorona Foundation Inc
- Assets
- $4.9m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 04/2014
- Data as of
- 12/2021
- EIN
- 46-0618691
Organization Overview
Marignoli Di Montecorona Foundation Inc is located in Honolulu, HI. The organization was established in 2014. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Marignoli Di Montecorona Foundation Inc 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 12/2021, Marignoli Di Montecorona Foundation Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 47.2% each year . All expenses for the organization totaled $152.9k during the year ending 12/2021. While expenses have increased by 43.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUE ORGANIZATION OF SCHOLARLY RESEARCH FACILITY/ART LIBRARY
PREPARATION FOR THE 2021 EXHIBITION ENTITLED "WORK IN PROGRESS" AT THE PALAZZO COLLICOLA MODERN ART GALLERY IN SPOLETO
PUBLICATION EXPENSES OF THE CATALOGUE RELATED TO THE 2020 "IMPOSSIBLE MACHINES" EXHIBITIONS HELD IN SLOVENIA AND AUSTRIA
ORGANIZATION AND PREPARATION OF A VOLUME ON CESARE FRANCHI CALLED IL POLLINO, XVI CENTURY MINIATURIST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kapiolani K Marignoli Director | 0.5 | $0 | |
Duccio Kaumualii Marignoli Director/president/treasur | 40 | $0 | |
Robert J Smolenski Director/secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,889,936 |
| 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 | $0 |
| Total Revenue | $1,889,936 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,554 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $78 |
| Other expenses | $64,060 |
| Total operating and administrative expenses | $152,941 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $152,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,245 |
| 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 | $0 |
| Other assets | $4,888,069 |
| Total assets | $4,915,314 |
| 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 |
Grants Awarded
Over the last fiscal year, Marignoli Di Montecorona Foundation Inc has awarded $2,387 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SCUOLA NORMALE SUPERIORE PURPOSE: FOR GENERAL OPERATING EXPENSES | $1,228 |
FONDAZIONE DEI DUE MONDI SPOLETO ONLUS PURPOSE: FOR GENERAL OPERATING EXPENSES | $1,159 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Artnow Fondation San Francisco, CA | $0 | $214,158 |
Lazy Mf Trust Irvine, CA | $2,742,949 | $392,168 |
Thru Guidance Ministries Los Angeles, CA | $2,841,551 | $7,857,035 |
Inner-City Arts Los Angeles, CA | $18,610,203 | $5,566,146 |
House Of Blues Music Forward Foundation Beverly Hills, CA | $3,094,278 | $3,522,048 |
School Of Arts And Culture At Mhp San Jose, CA | $8,721,548 | $4,861,362 |
Wayne Thiebaud Foundation Sacramento, CA | $135,503,481 | $2,669,000 |
California Jazz Conservatory Inc Berkeley, CA | $7,248,479 | $2,565,384 |
Arts For Healing And Justice Network Long Beach, CA | $3,982,925 | $3,271,300 |
Djerassi Resident Artists Program Woodside, CA | $5,870,903 | $1,216,127 |
Ecole Claire Fontaine Venice, CA | $713,103 | $1,915,920 |
Orange County Childrens Therapeutic Arts Center Santa Ana, CA | $262,171 | $1,492,328 |