Louis B Mayer Foundation
- Assets
- $7.7m
- Revenue
- $420.2k
- Investments
- $7.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1948
- Data as of
- 12/2023
- EIN
- 95-2232340
Organization Overview
Louis B Mayer Foundation is located in New York, NY. The organization was established in 1948. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louis B Mayer 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, Louis B Mayer Foundation generated $420.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $701.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Louis B Mayer Foundation has awarded 58 individual grants totaling $2,261,210. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Gottlieb Trustee/trea. | 1 | $0 | |
Judi Farkas Pres./secretary | 2 | $0 | |
Elliot R Cattarulla Trustee | 1 | $0 | |
Paolo Cherchi Usai Trustee | 1 | $0 | |
Robert A Gottlieb Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $208 |
| Dividends & Interest | $292,317 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $126,929 |
| Capital Gain Net Income | $126,929 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $768 |
| Total Revenue | $420,222 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,339 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,887 |
| Total operating and administrative expenses | $126,822 |
| Contributions, gifts, grants paid | $575,000 |
| Total expenses and disbursements | $701,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $149,885 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,715,592 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Louis B Mayer Foundation has awarded $575,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
DANA-FARBER CANCER INSTITUTE PURPOSE: DR. PEREZ'S NEUROENDOCRINE TUMOR (NET)CLINICAL TRIAL CORRELATIVE STUDIES. | $25,000 |
GEORGE EASTMAN MUSEUM PURPOSE: SELZNICK SCHOOL'S 2023-2024 ACADEMIC YEAR. | $5,000 |
GEORGE EASTMAN MUSEUM PURPOSE: WILLIAM S. HART FILMS SUPPLEMENTAL GRANT AND EXTENSION TO 12/31/2025. | $30,000 |
UC BERKELEY ART MUSEUMPACIFIC FILM PURPOSE: CINEFILES FILM DOCUMENT IMAGING PROJECT. | $25,000 |
MIAMI CITY BALLET PURPOSE: SECOND HALF OF ANNUAL GIFT. | $36,400 |
ARTS RESOURCES IN COLLABORATION INC PURPOSE: TO SUPPORT THE EYE ON DANCE ARCHIVE LEGACY PROJECT | $20,000 |