Secondmuse Foundation
- Assets
- $2.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Lake Oswego, OR
- Founding
- Data as of
- 12/2020
- EIN
- 84-2181021
Organization Overview
Secondmuse Foundation is located in Lake Oswego, OR. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Secondmuse Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Secondmuse 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 12/2020, Secondmuse Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $2.1m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020 SECONDMUSE FOUNDATION SUCCESSFULLY IMPLEMENTED THE FIRST YEAR OF THE GET (GENDER EQUALITY IN TECH) CITIES PROGRAM, BEGINNING IMPLEMENTATION IN CHICAGO AND SETTING UP OUR SECOND CITY, WASHINGTON, DC. ADDITIONALLY, WE SECURED FUNDING FOR A SECOND PROGRAM, NEFO TIN (THE INCUBATION NETWORK), WHICH WILL FOCUS ON DEVELOPING ECONOMIC ECOSYSTEMS TO HELP ADDRESS OCEAN PLASTICS POLLUTION IN THAILAND.
IN 2020 SECONDMUSE FOUNDATION SUCCESSFULLY IMPLEMENTED THE FIRST YEAR OF THE GET (GENDER EQUALITY IN TECH) CITIES PROGRAM, BEGINNING IMPLEMENTATION IN CHICAGO AND SETTING UP OUR SECOND CITY, WASHINGTON, DC. ADDITIONALLY, WE SECURED FUNDING FOR A SECOND PROGRAM, NEFO TIN (THE INCUBATION NETWORK), WHICH WILL FOCUS ON DEVELOPING ECONOMIC ECOSYSTEMS TO HELP ADDRESS OCEAN PLASTICS POLLUTION IN THAILAND.
IN 2020 SECONDMUSE FOUNDATION SUCCESSFULLY IMPLEMENTED THE FIRST YEAR OF THE GET (GENDER EQUALITY IN TECH) CITIES PROGRAM, BEGINNING IMPLEMENTATION IN CHICAGO AND SETTING UP OUR SECOND CITY, WASHINGTON, DC. ADDITIONALLY, WE SECURED FUNDING FOR A SECOND PROGRAM, NEFO TIN (THE INCUBATION NETWORK), WHICH WILL FOCUS ON DEVELOPING ECONOMIC ECOSYSTEMS TO HELP ADDRESS OCEAN PLASTICS POLLUTION IN THAILAND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Barbosa Treasurer | OfficerTrustee | 2 | $0 |
Todd Khozein Secretary | OfficerTrustee | 2 | $0 |
Chad Badiyan President | OfficerTrustee | 2 | $0 |
Anthony Jewett Director | Trustee | 2 | $0 |
Carrie Freeman Director | Trustee | 2 | $0 |
Sarah Owen Director | Trustee | 2 | $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 | $2,298,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,298,429 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,298,432 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $169,559 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,993 |
| Payroll taxes | $14,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,986 |
| Fees for services: Accounting | $1,485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,856,713 |
| Advertising and promotion | $0 |
| Office expenses | $20,968 |
| Information technology | $1,629 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,460 |
| All other expenses | $234 |
| Total functional expenses | $2,134,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,588,862 |
| Savings and temporary cash investments | $665,003 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $756 |
| 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 | $2,254,621 |
| Accounts payable and accrued expenses | $769,125 |
| 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 | $769,125 |
| Net assets without donor restrictions | $1,485,496 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,254,621 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Secondmuse Foundation has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Hopelab Foundation Inc San Francisco, CA PURPOSE: SECOND MUSE BELIEVES THAT TECHNOLOGY CAN BE USED AS A POWERFUL TOOL TO IMPROVE AND EMPOWER THE LIVES OF YOUNG PEOPLE, WHEN BUILT WITH INTENTION. THIS GRANT WAS USED TO SUPPORT THE PRODUCTION OF A VIDEO OF BIPOC AND QUEER YOUTH DISCUSSING THE TRANSFORMATIVE WAYS TECHNOLOGY CAN BUILD HEALTH INTO THEIR EVERYDAY LIVES, INCLUDING HOW DIGITAL WELLNESS CAN START WITH TECHNOLOGY THAT FOSTERS CREATIVITY, SELF-CARE, BODY POSITIVITY AND AGENCY TO TRANSFORM THE WORLD AROUND THEM. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Benson House Inc Ontario, CA | $11,925,572 | $18,491,625 |
Community Services Agency Reno, NV | $7,843,023 | $11,495,915 |
Fresno Building Healthy Communities Fresno, CA | $7,681,991 | $11,111,006 |
Korean Immigrant Workers Advocates Of Southern California Los Angeles, CA | $4,731,702 | $8,492,805 |
Goleta Valley Professional Buildings Inc Santa Barbara, CA | $89,343,424 | $8,414,379 |
Foothill Ranch Maintenance Corporation Irvine, CA | $3,077,161 | $4,440,100 |
Pilipino Workers Center Of Southern Los Angeles, CA | $1,734,132 | $5,015,376 |
Technology Access Foundation Seattle, WA | $12,276,133 | $3,880,579 |
South Eastern Idaho Community Pocatello, ID | $5,750,799 | $3,683,486 |
Alliance For African Assistance San Diego, CA | $4,342,451 | $2,754,226 |
Family Works Seattle, WA | $2,665,626 | $3,151,440 |
Samoan Community Development Center Incorporated San Francisco, CA | $808,922 | $2,608,203 |