Thomas Martin Foundation
- Assets
- $510.3k
- Revenue
- $16.8k
- Investments
- $490.2k
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 12/1999
- Data as of
- 12/2023
- EIN
- 48-1222230
Organization Overview
Thomas Martin Foundation is located in Kansas City, MO. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Thomas Martin 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, Thomas Martin Foundation generated $16.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $49.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thomas Martin Foundation has awarded 126 individual grants totaling $552,250. 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 |
|---|---|---|---|
Katherine B Martin Pres/treas/dir | 2 | $0 | |
Peter Brown Asst Treas | 0.5 | $0 | |
T Bradley Martin Director | 0 | $0 | |
K Michelle Raab Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,830 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $43,715 |
| Net ST Capital Gain | $148 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,830 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,190 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,401 |
| Contributions, gifts, grants paid | $36,550 |
| Total expenses and disbursements | $48,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,063 |
| 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 | $510,293 |
| 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, Thomas Martin Foundation has awarded $36,550 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
NELSON ATKINS MUSEUM PURPOSE: PRESERVATION/EXHIBITION OFVISUAL ARTS | $3,000 |
LIBRARY OF CONGRESS PURPOSE: SUPPORT CONGRESS/KNOWLEDGE ANDCREATIVITY | $25,000 |
KC SYMPHONY PURPOSE: ARTS SUPPORT-PERFORMANCE-EDUCATION | $1,750 |
LINDA HALL LIBRARY PURPOSE: EXHIBITS | $1,250 |
TRUMAN LIBRARY PURPOSE: EXHIBITS | $2,000 |
UMKC CONSERVATORY OF MUSIC PURPOSE: PERFORMANCEEDUCATION | $1,500 |