Chrysalis Foundation
- Assets
- $69.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 10/1982
- Data as of
- 06/2023
- EIN
- 95-3760956
Organization Overview
Chrysalis Foundation is located in San Francisco, CA. The organization was established in 1982. 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. Chrysalis 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 06/2023, Chrysalis Foundation generated $46.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $33.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION LEASED A LARGE BUILDING IN 2002 TO HOUSE ITS INSTRUMENTS, AND HAS SINCE SPENT SUBSTANTIAL RESOURCES TO UPGRADE THIS SPACE INTO THE CHRYSALIS NEW MUSIC STUDIO. HERE, WE CONTINUE TO HOST PUBLIC EDUCATIONAL EVENTS, SPONSOR INTERNSHIP PROGRAMS FOR MUSICIANS, PRODUCE RECORDINGS, AND PROMOTE LIVE PERFORMANCES OF NEW MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Forster President | 10 | $0 | |
Nancy Quinn Director | 2 | $0 | |
Rachel Benson Director | 1 | $0 | |
Kathy Angus Director | 2 | $0 | |
Lisa Conte Director | 1 | $0 | |
Cris Forster Music Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,781 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,781 |
| 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 | $3,149 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $157 |
| Other expenses | $30,166 |
| Total expenses | $33,472 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,499 |
| Other assets | $0 |
| Total assets | $69,696 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,696 |