Michael L Rosenberg Foundation
- Assets
- $3.6m
- Revenue
- $90.6k
- Investments
- $3.4m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 75-2736174
Organization Overview
Michael L Rosenberg Foundation is located in Dallas, TX. The organization was established in 1998. 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. Michael L Rosenberg 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, Michael L Rosenberg Foundation generated $90.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $264.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Michael L Rosenberg Foundation has awarded 12 individual grants totaling $835,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob D Harrison President | 0.25 | $20,504 | |
Deborah Gage Vice President/sec/dir | 0.25 | $0 | |
Lawrence Barzune MD President/treasurer/dir | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $133,377 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$42,816 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $90,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,504 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,694 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $63,735 |
| Contributions, gifts, grants paid | $201,000 |
| Total expenses and disbursements | $264,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,832 |
| Savings and temporary cash investments | $95,123 |
| 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 | $1,869,769 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,241 |
| Total assets | $3,573,564 |
| 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, Michael L Rosenberg Foundation has awarded $201,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DALLAS MUSEUM OF ART PURPOSE: GENERAL SUPPORT FOR THE PUBLIC ART MUSEUM | $100,000 |
DALLAS SYMPHONY ORCHESTRA PURPOSE: GENERAL SUPPORT FOR PERFORMING ARTS | $100,000 |
THE DALLAS FOUNDATION- JOAQUIN ACHUCARRO FOUNDATION FUND PURPOSE: GENERAL SUPPORT FOR PERFORMING ARTS | $1,000 |