Coleman Foundation For Cultural Engagement
- Assets
- $307.7k
- Revenue
- $120.3k
- Investments
- $263.8k
- Employees
- 0
- Location
- Chagrin Falls, OH
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4119707
Organization Overview
Coleman Foundation For Cultural Engagement is located in Chagrin Falls, OH. The organization was established in 2014. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coleman Foundation For Cultural Engagement 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, Coleman Foundation For Cultural Engagement generated $120.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $30.2k during the year ending 12/2022. While expenses have increased by 23.8% per year over the past 4 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William E Coleman Officer | 2 | $0 | |
M Ruth Coleman Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,272 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,276 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,734 |
| Capital Gain Net Income | $13,734 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $211 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,051 |
| Total operating and administrative expenses | $8,262 |
| Contributions, gifts, grants paid | $21,900 |
| Total expenses and disbursements | $30,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,924 |
| 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 | $263,764 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $307,688 |
| 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, Coleman Foundation For Cultural Engagement has awarded $21,900 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ASIAN SERVICES IN ACTION INC PURPOSE: PROVIDE SCHOLARSHIPS | $2,500 |
CLEVELAND ORCHESTRA PURPOSE: SUPPORT THE ARTS | $1,200 |
FUTURE VISION FOUNDATION PURPOSE: PROVIDE SUPPORT OF THE ARTS | $1,000 |
GIRLS SCOUTS OF NE OHIO PURPOSE: PROVIDE FUNDING TO GIRL SCOUTS OF AM | $5,000 |
UNIVERSITY OF MOUNT UNION PURPOSE: PROVIDE SCHOLARSHIPS | $1,000 |
POKROVA UKRAINIAN CATHOLIC CHURCH PURPOSE: SUPPORT REFUGEES | $1,200 |