Minnelli Family Foundation Inc is located in Lakewood Ranch, FL. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnelli Family 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 12/2023, Minnelli Family Foundation Inc generated $216.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $31.4k during the year ending 12/2023. While expenses have increased by 33.1% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James K Minnelli President | 4 | $6,000 | |
Lynn Minnelli Secretary | 4 | $12,000 | |
James S Minnelli Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $209,267 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,752 |
| 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 | $216,019 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $213 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,276 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,346 |
| Contributions, gifts, grants paid | $5,017 |
| Total expenses and disbursements | $31,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,621 |
| 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 | $691,805 |
| 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 |
Over the last fiscal year, Minnelli Family Foundation Inc has awarded $670 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SUSAN G KOMEN RACE FOR THE CURE PURPOSE: CHARITABLE DONATION | $350 |
WIKIMEDIA FOUNDATION PURPOSE: CHARITABLE DONATION | $20 |
AMERICAN CANCER SOCIETY PURPOSE: CHARITABLE DONATION | $50 |
WOUNDED WARRIER PROJECT PURPOSE: CHARITABLE DONATION | $100 |
AMERICAN RED CROSS PURPOSE: CHARITABLE DONATION | $50 |
ALZHEIMER'S ASSOCIATION PURPOSE: CHARITABLE DONATION | $50 |