Schulzman-Neri Foundation
- Assets
- $1.6k
- Revenue
- $170.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-4407257
Organization Overview
Schulzman-Neri Foundation is located in Long Beach, CA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schulzman-Neri 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 12/2022, Schulzman-Neri Foundation generated $170.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $169.6k during the year ending 12/2022. While expenses have increased by 2.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Schulzman CEO | 0 | $0 | |
Brandon Woodwood Secretary | 0 | $0 | |
Richard Neri CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $62,370 |
| Interest on Savings | $7 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $107,978 |
| Capital Gain Net Income | $107,978 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,355 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,287 |
| Printing and publications | $0 |
| Other expenses | $674 |
| Total operating and administrative expenses | $6,171 |
| Contributions, gifts, grants paid | $163,419 |
| Total expenses and disbursements | $169,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,637 |
| 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 | $1,637 |
| 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, Schulzman-Neri Foundation has awarded $215,226 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
THE BASCOM PURPOSE: ART APPRECIATION | $16,750 |
PALM SPRING ART MUSEUM PURPOSE: ART APPRECIATION | $3,800 |
HONOLULU MUSEUM OF ART PURPOSE: ART APPRECIATION | $7,871 |
MUSICA ANGELICA PURPOSE: MUSIC EDUCATION | $5,000 |
MUSEUM OF LATIN AMERICAN ART PURPOSE: ART APPRECIATION | $22,695 |
LONG BEACH MUSEUM OF ART PURPOSE: ART APPRECIATION | $1,000 |