Far Star Action Fund
- Assets
- $2.9m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 82-3710730
Organization Overview
Far Star Action Fund is located in Seattle, WA. The organization was established in 2018. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, 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. Far Star Action Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Far Star Action Fund generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.9% each year .
Since 2018, Far Star Action Fund has awarded 27 individual grants totaling $3,230,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SOCIAL WELFARE BY WORKING TO PRESERVE THE ENVIRONMENT, PROTECT NATURAL RESOURCES, STIMULATE THE ECONOMY, IMPROVE EDUCATION, AND PRESERVE DEMOCRACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAR STAR ACTION FUND (THE FUND) WILL TARGET EDUCATION OUTREACH AND ADVOCACY EFFORTS TO PROMOTE SOCIAL WELFARE BY DEVELOPING AND ADVOCATING FOR LEGISLATION, REGULATIONS AND GOVERNMENT PROGRAMS TO IMPROVE THE ENVIRONMENT, PROTECT NATURAL RESOURCES, STIMULATE THE ECONOMY, IMPROVE EDUCATION AND PRESERVE DEMOCRACY. THE FUND'S EFFORTS WILL GENERALLY FOCUS ON ISSUE ADVOCACY AND VOTER ENGAGEMENT. THE FUND WILL DEVELOP TOOLS TO HELP FILMMAKERS AND ACTIVIST GROUPS USE FILM TO INFORM THE PUBLIC AND INFLUENCE POLICY WITH RESPECT TO A VARIETY OF CIVIC ISSUES, SUCH AS ENVIRONMENTAL CONSERVATION, IMPROVEMENT OF THE EDUCATION SYSTEM, AND WAYS TO PRESERVE AND PROTECT OUR DEMOCRACY. THE FUND WILL TARGET CREATION AND DISTRIBUTION OF ACTION GUIDES, WEB TOOLS, AND MEDIA TEMPLATES AND WILL ENGAGE IN RELATED TRAINING EFFORTS. THE FUND ANTICIPATES PROVIDING SUPPORT FOR THE DEVELOPMENT OF THE SPECIFIC FILM PROJECTS, AS WELL AS PROVIDING GRANTS TO ORGANIZATIONS ENGAGING IN VOTER REGISTRATION AND EDUCATION EFFORTS. A MINORITY OF THE FUND'S RESOURCES WILL BE USED TO INFLUENCE THE ELECTION, NOMINATION, OR APPOINTMENT OF SPECIFIC CANDIDATES TO FURTHER THE FUND'S ADVOCACY EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David J Cornfield President/treasurer | OfficerTrustee | 1 | $0 |
Linda Archer Cornfield Vice Pres/secretary | OfficerTrustee | 1 | $0 |
Alison Masako Fujino Officer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,877,268 |
| Noncash contributions included in lines 1a–1f | $3,877,268 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,877,268 |
| Total Program Service Revenue | $0 |
| Investment income | $154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $144,295 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,021,717 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,475,100 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $236,550 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,096 |
| Office expenses | $7,990 |
| Information technology | $5,155 |
| Royalties | $0 |
| Occupancy | $483 |
| Travel | $4,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $250 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $798 |
| All other expenses | $0 |
| Total functional expenses | $1,756,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,888,183 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,888,275 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $2,888,275 |
| Total liabilities and net assets/fund balances | $2,888,275 |
Grants Awarded
Over the last fiscal year, Far Star Action Fund has awarded $1,475,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Sacramento, CA PURPOSE: SUPPORT EXEMPT ORG. | $500,000 |
Washington, DC PURPOSE: SUPPORT EXEMPT ORG. | $250,000 |
Washington, DC PURPOSE: SUPPORT EXEMPT ORG. | $125,000 |
Washington, DC PURPOSE: SUPPORT EXEMPT ORG. | $100,000 |
Washington, DC PURPOSE: SUPPORT EXEMPT ORG. | $100,000 |
Washington, DC PURPOSE: SUPPORT EXEMPT ORG. | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Far Star Action Fund Seattle, WA | $2,888,275 | $4,021,717 |
Clarion West Seattle, WA | $716,676 | $351,354 |
Washington State Arts Alliance Foundation Seattle, WA | $39,566 | $250,527 |
Oregon Society Tax Consultants Springfield, OR | $322,682 | $174,972 |
Bainbridge-Ometepe Sister Islands Association Rolling Bay, WA | $351,639 | $189,482 |
Citizens For Clean Air Cheney, WA | $35,697 | $166,411 |
Allied Arts Foundation Seattle, WA | $227,109 | $0 |
Cultural Access Washington Seattle, WA | $59,912 | $0 |
Better Future For All Lake Stevens, WA | $0 | $32,735 |
Woodinville Arts Alliance Woodinville, WA | $6,571 | $20,258 |
Freedom Has A Face Colbert, WA | $170,993 | $0 |
Inaugural Ball Committee Olympia, WA | $66,169 | $0 |