David T Hanson Foundation is located in Fairfield, IA. The organization was established in 2015. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. David T Hanson 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, David T Hanson Foundation generated $3.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (52.4%) each year. All expenses for the organization totaled $5.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (44.7%) per year over the past 5 years. 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
THE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROMOTE THE ARTS AND EDUCATE THE PUBLIC THROUGH WORKS OF ART CONCERNED WITH THE ENVIRONMENT, SUSTAINABLE ARCHITECTURE, AND/OR SACRED ART AND ARCHITECTURE.DURING 2023 THE DAVID T. HANSON FOUNDATION PUBLISHED HANSON'S ARTIST'S BOOKLET, THE ROCKY MOUNTAIN ARSENAL COLORING BOOK, AND SUPPORTED AN EXHIBITION THAT HANSON CURATED: CELEBRATING THE HUDSON COLLECTION, SHIVA LINGA PAINTINGS AT ICON IOWA CONTEMPORARY ART IN FAIRFIELD, IOWA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David T Hanson President | 2 | $0 | |
Lisa Dority Secretary | 1 | $0 | |
Margaret Costan Vice Pres. | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,959 |
| 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 | $2,959 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,046 |
| Other expenses | $1,510 |
| Total operating and administrative expenses | $5,856 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,084 |
| 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 | $0 |
| Total assets | $71,084 |
| 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 |