Preston Mitchum Jr Foundation is located in Catonsville, MD. The organization was established in 2004. According to its NTEE Classification (A31) the organization is classified as: Film & Video, 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. Preston Mitchum Jr 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, Preston Mitchum Jr Foundation generated $88.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $81.8k during the year ending 12/2023. While expenses have increased by 13.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL PROGRAMS
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,356 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $88,356 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $2,650 | 
| Professional fees and other payments to independent contractors | $200 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $875 | 
| Other expenses | $78,101 | 
| Total expenses | $81,826 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,916 | 
| Other assets | $0 | 
| Total assets | $13,916 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $13,916 |