Sacatar Foundation is located in Pasadena, CA. The organization was established in 2001. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Sacatar 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, Sacatar Foundation generated $372.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $250.5k during the year ending 12/2023. 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
PROVIDE FELLOWSHIPS (AIRFARE, STUDIO SPACE, ROOM AND BOARD) AND FACILITATES EDUCATIONAL AND CULTURAL EXCHANGES BETWEEN THE LOCAL COMMUNITY AND INTERESTED RESIDENT FELLOWS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitch Loch President | 5 | $0 | |
Taylor Van Horne Treasurer | 5 | $0 | |
Sabrina Gledhill Secretary | 1 | $0 | |
Helen Miller Board Member | 1 | $0 | |
Cecile Pavageau Board Member | 1 | $0 | |
Maria Tuerlings Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $370,336 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,463 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,589 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $372,210 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $120 |
| Depreciation | $0 |
| Occupancy | $730 |
| Travel, conferences, and meetings | $20,107 |
| Printing and publications | $0 |
| Other expenses | $225,009 |
| Total operating and administrative expenses | $250,476 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $250,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,990 |
| Savings and temporary cash investments | $31,473 |
| 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 | $2,749 |
| Other assets | $0 |
| Total assets | $643,421 |
| 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 |