Richard And Nina Edelman Foundation For Arts And Education Inc
- Assets
- $81.0k
- Revenue
- $107.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-4628854
Organization Overview
Richard And Nina Edelman Foundation For Arts And Education Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (A19) the organization is classified as: Support 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. Richard And Nina Edelman Foundation For Arts And Education 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 12/2021, Richard And Nina Edelman Foundation For Arts And Education Inc generated $107.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 46.2% each year . All expenses for the organization totaled $98.9k during the year ending 12/2021. While expenses have increased by 46.1% 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.
Since 2017, Richard And Nina Edelman Foundation For Arts And Education Inc has awarded 19 individual grants totaling $293,457. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Edelman President | 10 | $0 | |
Joan Spero Treasurer | 10 | $0 | |
Nina Edelman Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $104,144 |
| Interest on Savings | $0 |
| Dividends & Interest | $149 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,673 |
| Capital Gain Net Income | $2,673 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $106,966 |
| 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 | $212 |
| Printing and publications | $0 |
| Other expenses | $9,260 |
| Total operating and administrative expenses | $12,882 |
| Contributions, gifts, grants paid | $85,980 |
| Total expenses and disbursements | $98,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,312 |
| Savings and temporary cash investments | $11,731 |
| 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 | $55,944 |
| 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 | $80,987 |
| 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 | $4,555 |
| Total liabilities | $4,555 |
Grants Awarded
Over the last fiscal year, Richard And Nina Edelman Foundation For Arts And Education Inc has awarded $85,980 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VILLAGE OF EGG HARBOR WISCONSIN PURPOSE: UNRESTRICTED | $81,480 |
Minneapolis, MN PURPOSE: UNRESTRICTED | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aperture Foundation Inc New York, NY | $9,605,645 | $6,905,866 |
Amherst Cinema Arts Center Inc Amherst, MA | $3,509,173 | $1,727,890 |
National Alliance For Musical Theatre Inc New York, NY | $552,202 | $908,126 |
Arts Boston Inc Boston, MA | $648,220 | $633,950 |
Actors Studio New York, NY | $8,695,389 | $223,717 |
Philadelphia Young Playwrights Philadelphia, PA | $987,040 | $626,381 |
Renew Theaters Inc Doylestown, PA | $868,141 | $641,608 |
Stage Directors & Choreographers Workshop Foundation Inc New York, NY | $702,465 | $616,439 |
Shakespeare Globe Centre - Usa Inc New York, NY | $62,511 | $158,136 |
The Foundation For Judaeo-Christian Studies South Orange, NJ | $7,179,943 | $236,488 |
2nd Act Org Inc Boston, MA | $407,047 | $263,995 |
Fruit Tree Planting Foundation Pittsburgh, PA | $2,483,719 | $468,629 |