Lomas & Saum Foundation
- Assets
- $472.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gettysburg, PA
- Founding
- Data as of
- 12/2022
- EIN
- 85-3879534
Organization Overview
Lomas & Saum Foundation is located in Gettysburg, PA. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Lomas & Saum 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 12/2022, Lomas & Saum Foundation generated $98.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (47.4%) each year. All expenses for the organization totaled $108.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATES THE LOMAS LOMAS CENTER, WHICH PROVIDES LEARNING OPPORTUNITIES TO STUDENTS AND LIFELONG LEARNERS IN THE COMMUNITY TO EXPLORE AND DEVELOP PERSONAL MEANING FROM HISTORY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Saum Wicklein President | 20 | $0 | |
George Marguglio Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,578 |
| Total Program Service Revenue | $13,130 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,708 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,819 |
| Occupancy, rent, utilities, and maintenance | $2,831 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $101,903 |
| Total expenses | $108,553 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $832 |
| Other assets | $0 |
| Total assets | $472,646 |
| Total liabilities | $214,955 |
| Net assets or fund balances | $257,691 |