Peter & Masha Plotkin Memorial Foundation
- Assets
- $3.6m
- Revenue
- $53.5k
- Investments
- $3.2m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/1993
- Data as of
- 12/2023
- EIN
- 95-4394293
Organization Overview
Peter & Masha Plotkin Memorial Foundation is located in Los Angeles, CA. The organization was established in 1993. 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. Peter & Masha Plotkin Memorial 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, Peter & Masha Plotkin Memorial Foundation generated $53.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (38.6%) each year. All expenses for the organization totaled $491.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Peter & Masha Plotkin Memorial Foundation has awarded 106 individual grants totaling $977,500. 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
ART MUSEUM AND MEETING PLACE FOR OTHER NON-PROFIT ORGANIZATIONS. PROMOTION OF ARTS EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Plotkin President | 30 | $99,520 | |
Greg Maloney Vice President | 10 | $20,520 | |
Shelby Schulte Treasurer | 20 | $61,700 | |
Larry Plotkin Secretary | 40 | $0 | |
Kevin Brewerton Director | 1 | $0 | |
Thomas Flintoft Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $60 |
| Dividends & Interest | $124,419 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$70,994 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $31 |
| Total Revenue | $53,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $181,740 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,550 |
| Depreciation | $12,612 |
| Occupancy | $37,288 |
| Travel, conferences, and meetings | $1,922 |
| Printing and publications | $0 |
| Other expenses | $28,457 |
| Total operating and administrative expenses | $343,376 |
| Contributions, gifts, grants paid | $148,000 |
| Total expenses and disbursements | $491,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,195 |
| Savings and temporary cash investments | $38,062 |
| 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 | $1,089 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,403,298 |
| Net Land, buildings, and equipment | $329,314 |
| Other assets | $0 |
| Total assets | $3,597,690 |
| Accounts payable and accrued expenses | $5,697 |
| 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 | $5,697 |
Grants Awarded
Over the last fiscal year, Peter & Masha Plotkin Memorial Foundation has awarded $148,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
FAIR BURN YOUTH ASSOCIATION PURPOSE: PROVIDE EDUCATIONAL PROGRAMS TO STUDENTS OF FAIRBURN AVENUE ELEMENTARY SCHOOL | $11,000 |
APA MUSIC THEATER GUILD PURPOSE: PERFORMING ARTS EDUCATION | $10,000 |
A PLACE CALLED HOME PURPOSE: FURTHERMENT OF YOUTH ARTS PROGRAMS | $3,000 |
CHILDREN CAN ACHIEVE PURPOSE: TO BENEFIT CHILDREN WITH NEEDS | $6,000 |
LOS ANGELES LEADERSHIP FOUNDATION PURPOSE: FOR THE BENEFIT OF THE LOS ANGELES LEADERSHIP ACADEMY | $22,000 |
WESTCHESTER ENRICHED SCIENCE MAGNETS SCHOOL PTO PURPOSE: FUNDING MUSIC AND ART PROGRAMS | $11,000 |