Sketch Foundation
- Assets
- $4.0m
- Revenue
- $863.7k
- Investments
- $4.0m
- Employees
- 0
- Location
- Southlake, TX
- Founding
- 05/1996
- Data as of
- 12/2021
- EIN
- 95-4505487
Organization Overview
Sketch Foundation is located in Southlake, TX. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sketch 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 12/2021, Sketch Foundation generated $863.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 46.7% each year . All expenses for the organization totaled $194.3k during the year ending 12/2021. While expenses have increased by 45.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sketch Foundation has awarded 50 individual grants totaling $621,612. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $802,364 |
| Interest on Savings | $23 |
| Dividends & Interest | $39,695 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,634 |
| Capital Gain Net Income | $21,634 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $863,716 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $63 |
| Depreciation | $0 |
| Occupancy | $4,396 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,842 |
| Total operating and administrative expenses | $19,251 |
| Contributions, gifts, grants paid | $175,000 |
| Total expenses and disbursements | $194,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $3,981,106 |
| 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 | $77,505 |
| Total liabilities | $77,505 |
Grants Awarded
Over the last fiscal year, Sketch Foundation has awarded $175,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: CHARITABLE | $35,000 |
YOUTH EASTSIDE SERVICES PURPOSE: CHARITABLE | $20,000 |
HEALTHY SMILES FOR KIDS OF ORANGE COUNTY PURPOSE: CHARITABLE | $20,000 |
Seattle, WA PURPOSE: CHARITABLE | $15,000 |
Seattle, WA PURPOSE: CHARITABLE | $15,000 |
Irvine, CA PURPOSE: CHARITABLE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Opportunities Inc Of Oklahoma Tulsa, OK | $20,718,127 | $36,214,630 |
Sid W Richardson Foundation Fort Worth, TX | $543,405,327 | $35,826,736 |
Genesys Works Group Return Houston, TX | $10,607,341 | $22,553,959 |
Families & Children Together Inc El Dorado, AR | $3,440,326 | $10,725,537 |
Vilcap Inc Houston, TX | $5,374,554 | $9,179,521 |
Kleinheinz Family Foundation For The Arts And Education Fort Worth, TX | $0 | $13,876,382 |
My Possibilities Plano, TX | $35,881,798 | $10,188,118 |
Hardesty Family Foundation Inc Tulsa, OK | $132,895,698 | $5,904,373 |
Brent House Corporation New Orleans, LA | $2,513,163 | $4,974,916 |
Alternative Building Concepts Group Garland, TX | $15,770,911 | $6,819,117 |
Sheltering Harbour Houston, TX | $3,221,749 | $5,825,428 |
Pwa Coalition Of Dallas Inc Dallas, TX | $14,827,763 | $6,751,009 |