Halcyon House
- Assets
- $1.4m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Washington, DC
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-4819533
Organization Overview
Halcyon House is located in Washington, DC. The organization was established in 2017. According to its NTEE Classification (A05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Halcyon House employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Halcyon House 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, Halcyon House generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 14.3% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HALCYON LIFTS UP INNOVATORS AND CREATORS WHO SEEK TO MAKE THE WORLD A BETTER PLACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HALCYON INCUBATOR AND INTENSIVES: THE PROGRAM OFFERS FELLOWSHIPS TO SUPPORT EARLY-STAGE IMPACT-DRIVEN BUSINESS FOUNDERS FROM AROUND THE WORLD. THE FELLOWSHIPS INCLUDE A FOUR-MONTH RESIDENTIAL FELLOWSHIP IN WASHINGTON, D.C., AS WELL AS INTENSIVE FELLOWSHIPS THAT SERVE DIFFERENT INTERNATIONAL COMMUNITIES, SECTORS, OR DEMOGRAPHIC GROUPS WITH TAILORED NEEDS. HALCYON'S FELLOWSHIPS OFFER A COMBINATION OF LEADERSHIP COACHING, LEGAL SUPPORT, CONSULTING SUPPORTING, COACHING, MENTORSHIP, RESIDENCY, SKILL-BUILDING, AND CASH STIPENDS TO HELP FOUNDERS SCALE BUSINESSES SOLVING PROBLEMS IN EVERY SECTOR, FROM EDUCATION, TO ENERGY, TO HEALTH CARE. HALCYON INCUBATOR OFFERS THESE FELLOWSHIPS AT NO COST TO PARTICIPATING ENTREPRENEURS, AND TAKES NO EQUITY IN THEIR VENTURES FOR THE FELLOWSHIP.SINCE LAUNCHING IN 2014 HALCYON HAS SUPPORTED 228 STARTUP VENTURES, WHICH HAVE GONE ON TO RAISE ALMOST $400 MILLION TO SCALE THEIR BUSINESSES, CREATE OVER 4,000 JOBS, AND IMPACT THE LIVES OF 7.3 MILLION PEOPLE AROUND THE WORLD. IN 2021, 72% OF THE VENTURES THE HALCYON INCUBATOR SUPPORTED HAD A FOUNDER OF COLOR, AND 75% HAD A WOMAN OR NONBINARY FOUNDER.
IMPACT INVESTING: AS PART OF ITS EFFORT TO GROW THE IMPACT-DRIVEN BUSINESS ECOSYSTEM AND FUEL IMPACT-DRIVEN STARTUPS, HALCYON HAS LAUNCHED THREE FUNDING VEHICLES. WHILE HALCYON INCUBATOR FELLOWSHIPS TAKE NO EQUITY, FOUNDERS SHARED A NEED FOR ACCESS TO LIKEMINDED FUNDERS, LEADING HALCYON TO CREATE:1) THE HALYON FUND, A $5M INVESTMENT FUND SUPPORTING HALCYON INCUBATOR VENTURES THAT DO WANT TO PURSUE VENTURE CAPITAL FUNDING. TO DATE, THE HALCYON FUND HAS A PORTFOLIO OF 12 VENTURES.2) HALCYON ANGELS, AN ACTIVE ANGEL INVESTING GROUP THAT SEES HALCYON INCUBATOR VENTURES AS WELL AS OTHER EARLY-STAGE IMPACT-DRIVEN STARTUPS. THE HALCYON ANGELS MEET SIX TIMES PER YEAR TO HEAR PITCHES.3) HALCYON MICROLOAN FUND, AN ALTERNATIVE FUNDING SOURCE FOR D.C.-BASED HALCYON INCUBATOR VENTURES THAT CHOOSE NOT TO PURSUE VENTURE CAPITAL FUNDING AT THIS TIME, BUT CAN BENEFIT FROM AN INFUSION OF FUNDING. LOANS OF UP TO $20,000 ARE AVAILABLE, WITH GENEROUS TERMS DESIGNED TO SUPPORT SCALING THE VENTURES.
HALCYON AWARDS: HALCYON'S EVENT PROGRAMMING IS DESIGNED TO LEAD AND EXPAND THE CONVERSATION AROUND IMPACT-DRIVEN BUSINESS AND INSPIRE INNOVATION. THE LARGEST OF HALCYON'S EVENTS, THE HALCYON AWARDS ARE AN ANNUAL CELEBRATION OF HALCYON'S FELLOWS, COMMUNITY MEMBERS, AND NATIONALLY AND INTERNATIONALLY RECOGNIZED TRAILBLAZERS IN BUSINESS, ARTS AND CULTURE, AND POLICY.
OTHER PROGRAMS CONSIST OF THE ARTS LAB, BY THE PEOPLE FESTIVAL AND OTHER THAT HAVE BEEN DISCOUNTINUED DURING 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Goodall Chief Executive Officer | Officer | 40 | $219,431 |
Samantha Abrams Chief Development Officer | 40 | $139,366 | |
Josh Mandell Chief Operating Officer | 40 | $134,000 | |
Dahna Goldstein Chief Investment Officer | 40 | $123,048 | |
Nicole Weissman Director Of Communications | 40 | $107,144 | |
Martha Metz Board Chair | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
J Thirteen Llc Audio & Video Production | 12/30/18 | $106,431 |
Sage Communications Graphic Design & Print Production | 12/30/18 | $134,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,646 |
| Fundraising events | $298,869 |
| Related organizations | $0 |
| Government grants | $606,533 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,017,119 |
| Noncash contributions included in lines 1a–1f | $42,350 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,953,167 |
| Total Program Service Revenue | $63,865 |
| Investment income | $87 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$28,544 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,101,313 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $332,856 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $228,611 |
| Compensation of current officers, directors, key employees. | $56,201 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,256,470 |
| Pension plan accruals and contributions | $20,628 |
| Other employee benefits | $101,740 |
| Payroll taxes | $122,647 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $522 |
| Fees for services: Accounting | $98,916 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $132,209 |
| Advertising and promotion | $113,250 |
| Office expenses | $121,080 |
| Information technology | $53,579 |
| Royalties | $0 |
| Occupancy | $267,269 |
| Travel | $3,617 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $104,828 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,096 |
| Insurance | $23,857 |
| All other expenses | $500 |
| Total functional expenses | $3,035,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $939,882 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $450,759 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $9,202 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $12,214 |
| Investments—publicly traded securities | $17,282 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,500 |
| Total assets | $1,434,839 |
| Accounts payable and accrued expenses | $65,878 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $520,912 |
| Other liabilities | $0 |
| Total liabilities | $586,790 |
| Net assets without donor restrictions | $158,310 |
| Net assets with donor restrictions | $689,739 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,434,839 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Halcyon House has recieved totaling $1,437,300.
| Awarding Organization | Amount |
|---|---|
Sachiko Kuno Foundation Inc Washington, DC PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $1,000,000 |
Kimsey Foundation Washington, DC PURPOSE: GENERAL OPERATING | $130,300 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $120,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $80,500 |
Carl M Freeman Foundation Inc Selbyville, DE PURPOSE: SOCIAL SERVICES | $50,000 |
The Community Foundation For Northern Virginia Inc Oakton, VA PURPOSE: UNKNOWN | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Media Research Center Inc Reston, VA | $19,599,973 | $13,888,807 |
Open Technology Fund Washington, DC | $18,373,187 | $6,489,730 |
Halcyon House Washington, DC | $1,434,839 | $3,101,313 |
The American Center Of Research Incorporated Alexandria, VA | $11,928,608 | $1,004,645 |
Rule Of Law Endowment Washington, DC | $480,982 | $1,297,900 |
Antiquities Coalition Washington, DC | $297,529 | $1,114,663 |
Pbtf Research Grove Holding Company Inc Bethesda, MD | $42,823,109 | $2,209,443 |
Portulans Institute Washington, DC | $103,875 | $195,500 |
Us-India Policy Institute Washington, DC | $316,109 | $366,856 |
Ng9-1-1 Institute Washington, DC | $92,513 | $0 |
Thomas Wilmer Dewing Catalogue Raisonne Alexandria, VA | $59,918 | $2,524 |