Health Humanities Medicine And Art Foundation
- Assets
- $6.8m
- Revenue
- $366.0k
- Investments
- $6.4m
- Employees
- 1
- Location
- Lexington, KY
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 47-1033406
Organization Overview
Health Humanities Medicine And Art Foundation is located in Lexington, KY. The organization was established in 2015. According to its NTEE Classification (H02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Humanities Medicine And Art 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 12/2021, Health Humanities Medicine And Art Foundation generated $366.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $348.6k during the year ending 12/2021. While expenses have increased by 10.9% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GRANTS TO SUPPORT MEDICAL RESEARCH THAT LEADS TO IMPROVING LIFE
Describe the Organization's Program Activity:
PROVIDES GRANTS TO SUPPORT RESEARCH THAT LEADS TO IMPROVING LIFE, PRIMARILY INITIATIVES FOR MEDICAL RESEARCH. THE FUNDS ARE USED TO PROVIDE GRANTS FOR MEDICAL RESEARCH TO AND ON BEHALF OF ITS SUPPORTED ORGANIZATION, KENTUCKY NEPHROLOGY RESEARCH TRUST, INC. (KNRT).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Brown President/director | OfficerTrustee | 1 | $0 |
Daniel Wurzer Treasurer/director | OfficerTrustee | 1 | $0 |
Renate Aqulla Secretary/director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $219,262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $146,768 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $366,030 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,412 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,047 |
| Payroll taxes | $7,057 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $100,350 |
| Fees for services: Other | $99 |
| Advertising and promotion | $0 |
| Office expenses | $1,187 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,712 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $348,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,080 |
| Savings and temporary cash investments | $356,356 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,372 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,398,351 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,146 |
| Total assets | $6,802,305 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,450 |
| Total liabilities | $6,450 |
| Net assets without donor restrictions | $6,795,855 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,802,305 |
Grants Awarded
Over the last fiscal year, Health Humanities Medicine And Art Foundation has awarded $255,020 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lexington, KY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO PROVIDE FOR THE CARE AND TREATMENT OF PATIENTS WITH RENAL FAILURE AND SUPPORT RESEARCH FOR KIDNEY DISEASES AND RELATED BONE ABNORMALITIES. | $200,000 |
AUBURN UNIVERSITY PURPOSE: RESEARCH GRANT - "BISPHOSPHONATE USE IN ANIMAL MODEL REFLECTING HUMAN BONE: DIAGNOSIS AND EFFECTS". THIS GRANT SUPPORTS RESEARCH INTO THE RISK AND BENEFITS OF BISPHOSPHONATE USE AFFECTING BONE METABOLISM. AUBURN UNIVERSITY AND THE ORGANIZATION COLLABORATED WITH SILESIA FARM, WHO PROVIDED RESEARCH ANIMALS FOR THE STUDY. THIS GRANT WAS PAID ON BEHALF OF KENTUCKY NEPHROLOGY RESEARCH TRUST, INC., THE ORGANIZATION'S SUPPORTED ORGANIZATION. | $55,020 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Research Institute Washington, DC | $13,958,035 | $66,659,816 |
Van Andel Research Institute Grand Rapids, MI | $289,629,145 | $88,891,678 |
Oklahoma Medical Research Foundation Oklahoma City, OK | $499,810,540 | $126,016,814 |
Stowers Institute For Medical Research Kansas City, MO | $238,524,295 | $116,367,619 |
Paralyzed Veterans Of America Washington, DC | $75,160,828 | $97,544,526 |
Institute For Cancer Research Philadelphia, PA | $148,137,241 | $82,576,402 |
Wistar Institute Of Anatomy & Biology Philadelphia, PA | $414,460,000 | $115,831,000 |
American Association For Cancer Research Philadelphia, PA | $261,131,206 | $103,171,549 |
Foundation For The National Institute Of Health Inc North Bethesda, MD | $221,939,759 | $107,605,691 |
Medstar Health Research Institute Inc Washington, DC | $50,666,334 | $47,234,985 |
Philadelphia Fight Philadelphia, PA | $17,499,427 | $51,561,885 |
Stanley Manne Childrens Research Institute Chicago, IL | $169,123,650 | $39,027,696 |