Johnny Mercer Foundation is located in Encino, CA. The organization was established in 1982. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Johnny Mercer 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 07/2023, Johnny Mercer Foundation generated $588.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $442.9k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Johnny Mercer Foundation has awarded 62 individual grants totaling $2,370,559. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT GRANTS TO CHARITABLE ORGANIZATIONS IN THE FIELDS OF HIGHER EDUCATION, COMMUNICATIONS, MUSIC AND HEALTH. FOUR ORGANIZATIONS SERVED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles S Tigerman Director, Officer | 0 | $0 | |
John Marshall President, Chairman, Director | 0 | $0 | |
Jeanne Roccon Rohm Vp, Treasurer, Director | 0 | $0 | |
Neil J Gillis Director | 0 | $0 | |
Jonathan Brielle Vp, Director | 0 | $0 | |
Michael A Kerker Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,976 |
| Interest on Savings | $1,113 |
| Dividends & Interest | $15,523 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26,556 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $591,344 |
| Total Revenue | $588,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $49,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,226 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $45,219 |
| Printing and publications | $0 |
| Other expenses | $24,579 |
| Total operating and administrative expenses | $212,733 |
| Contributions, gifts, grants paid | $230,146 |
| Total expenses and disbursements | $442,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,931 |
| Savings and temporary cash investments | $670,361 |
| 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 | $1,283,067 |
| 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 |
Over the last fiscal year, Johnny Mercer Foundation has awarded $230,146 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BRAILLE INSTITUTE OF AMERICA PURPOSE: UNRESTRICTED | $40,000 |
DIRECTOR OF DEVELOPMENT GOODSPEED MUSICALS PURPOSE: JOHNNY MERCER WRITERS COLONY AT GOODSPEED MUSICALS | $67,000 |
KAUFMAN CENTER PURPOSE: ACCENTUATE THE POSITIVE PROGRAM | $21,600 |
NORTHWESTERN UNIVERSITY PURPOSE: JOHNNY MERCER SONGWRITERS PROJECT | $75,046 |
ALLIANCE THEATRE PURPOSE: WITH THIS GRANT ALLIANCE THEATRE WILL PROVIDE THE MUSICAL THEATRE COMPOSITION RESIDENCY TO FOUR HIGH SCHOOL CLASSES. | $26,500 |