Marieluise Hessel Foundation in Jackson, Wyoming (WY)

Organization representatives - add corrected or new information about Marieluise Hessel Foundation »

Non-representatives - add comments about Marieluise Hessel Foundation»

Marieluise Hessel Foundation
Employer Identification Number (EIN)830318485
Name of OrganizationMarieluise Hessel Foundation
Address65 Avalanche Canyon Dr, Jackson, WY 83001-9009
ActivitiesArt exhibit
SubsectionEducational Organization, Charitable Organization
Ruling Date03/1997
DeductibilityContributions are deductible
FoundationPrivate operating foundation (other)
OrganizationCorporation
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$13,993,736
Amount of Income$3,470,059
Form 990 Revenue Amount$240,817
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts, Cultural Organizations - Multipurpose


Non-representatives - add comments:


CAPTCHA

Your IP address 54.224.118.142 will be logged.

Amount of income in 2012: $3,470,059 (it was $71,605 in 2013)
Marieluise Hessel Foundation: 

 $3,470,059
Other organizations performing similar types of work: 

 $114,174

Assets in 2012: $13,993,736 (it was $13,619,270 in 2013)
Marieluise Hessel Foundation: 

 $13,993,736
Other organizations performing similar types of work: 

 $91,147

Expenses in 2013: $446,074
This organization: 

 $446,074
Other organizations performing similar types of work: 

 $107,011

Income to expenses ratio in 2013: 7.8
Marieluise Hessel Foundation: 

 7.8
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2013: 49.0%
This organization: 

 49.0%
Other organizations performing similar types of work: 

 37.0%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$71,605$36,491$1,956
Contributions, gifts, grants, etc., received$35,114
Interest on savings and temporary cash investments$1,827
Dividends and interest from securities$129
Gross rents$0
Gross sales price for all assets$2,659,276
Gross profit from sales of goods$0
Other income$0
Other$34,535
Total expenses and disbursements$446,074$11,273$11,273$360,606
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$37,026
Accounting fees$16,829
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$92,728$11,273$8,760
Contributions, gifts, grants paid$353,346
Excess of revenue over expenses and disbursements$-374,469
Net investment income$25,218
Adjusted net income$0
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$13,913,431$17,855,537$13,993,736$18,130,366$13,619,270$17,876,017
Cash - non-interest-bearing$137,093$107,795$329,971
Investments-U.S. and state government obligations$211,695$1,306,732$363,301
Investments-corporate stock$3,437,307$1,883,806$1,420,930
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$0$0$0
Other assets$10,689,312$11,498,975
Total liabilities$1$1$3
Mortgages and other notes payable$0$0$0
Other liabilities$0$3
Total liabilities and net assets/fund balances$13,913,431$13,993,736$13,619,267
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$99,766$528,035$34,535
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$2,150$10,440$252
Total credits and payments$4,902$21,752$11,312
Current year estimated tax payments and previous year's overpayment credited to current year$4,902$2,752$11,312
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$19,000$0
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$0$0
Overpayment$11,312$11,060
Amount to be credited to next year's estimated tax$2,752$11,312$11,060
Statements Regarding Activities
201120122013
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?YesYesYes
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$4,013,691$3,079,788$3,042,486
Net value of noncharitable-use assets$3,033,591$2,996,849
Minimum investment return$197,674$151,680$149,842
Distributable Amount
201120122013
Distributable amount$0$0$0
Undistributed Income
201120122013
Distributable amount for this year$0$0$0
Undistributed income for this year. This amount must be distributed in the next year$0$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$1$0$13,220$27,179$40,399
Qualifying distributions made directly for active conduct of exempt activities$1,223,615$1,577,845$1,186,563$1,868,430$5,856,453
Value of all assets$17,876,017$18,130,366$17,855,537$17,806,609$71,668,529
Value of assets qualifying under section 4942(j)(3)(B)(i)$15,564,817$14,755,154$14,187,089$13,166,564$57,673,624
2/3 of minimum investment return$99,895$101,120$131,783$177,909$510,707
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$1,827$0
Dividends and interest from securities$129$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Marieluise Hessel Foundation to others? (optional)
  
Add photo of Marieluise Hessel Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The One Club For Art & Copy260 5th Ave Fl 2, New York, NY 10001-6408NY1992-07$6,843,742
2Winnetka Community House620 Lincoln Ave, Winnetka, IL 60093-2331IL1941-07$3,619,193
3Marieluise Hessel Foundation65 Avalanche Canyon Dr, Jackson, WY 83001-9009WY1997-03$3,470,059
4Society For Neuro-OncologyPO BOX 273296, Houston, TX 77277-3296TX1997-03$2,318,472
5Sisters Network2115 Laurel Bend Lane, Houston, TX 77014TX1996-09$1,402,275
6Texas Advocacy Project Inc1524 S Ih 35 Ste 350, Austin, TX 78704-0117TX1982-10$1,132,934
7Sacred Heart Cultural Center Inc1301 Greene St, Augusta, GA 30901-1031GA1988-01$755,362
8Suicide Awareness-Voices Of Education8120 Penn Ave S Ste 470, Bloomington, MN 55431-1322MN1992-04$741,331
9Welcome Home MinistriesPO BOX 100183, Nashville, TN 37224-0183TN1994-01$659,607
10The Community FestivalPO BOX 82061, Columbus, OH 43202-0061OH1978-02$650,430
11Temple Theater Company Inc114 Carthage St, Sanford, NC 27330-4203NC1982-07$649,519
12The Sunshine Center Inc468 Boyle Rd, Port Jeff Sta, NY 11776-4202NY1994-02$309,468
13Urasenke Foundation Of California2143 Powell St, San Francisco, CA 94133-1948CA1994-08$259,898
14United Inventors Assn Of The Usa1025 Connecticut Ave Nw Ste 1000, Washington, DC 20036-5417DC1993-08$230,992
15Watertown Childrens Theatre IncPO BOX 54, Watertown, MA 02471-0054MA1977-02$223,183
16Yellow Springs Arts CouncilPO BOX 459, Yellow Spgs, OH 45387-0459OH1991-11$185,270
17Womans Club Of Fort Worth Historical Preservation Trust, Fair Mrs Don R Ttee1316 Pennsylvania Ave, Fort Worth, TX 76104-2111TX1993-05$184,626
18Wisconsin Association Of Student Financial Aid Administrators Inc711 E Boldt Way Spc 32, Appleton, WI 54911-5699WI1993-09$145,258
19Texas Foreign Language Association1320 Modiste St, Houston, TX 77055-4868TX1992-03$141,263
20Animal Welfare And Rights Entity Inc576 Old Post Rd, Tolland, CT 06084CT1994-02$124,345
Number of organizations performing similar types of work
Alabama8
Arkansas5
Arizona12
California49
Colorado17
Connecticut8
District of Columbia9
Florida30
Georgia14
Hawaii5
Iowa5
Idaho1
Illinois30
Indiana11
Kansas9
Kentucky7
Louisiana4
Massachusetts18
Maryland9
Maine1
Michigan21
Minnesota12
Missouri21
Mississippi3
Montana3
North Carolina18
North Dakota2
Nebraska9
New Hampshire3
New Jersey18
New Mexico11
Nevada3
New York57
Ohio23
Oklahoma10
Oregon7
Pennsylvania21
Rhode Island5
South Carolina10
South Dakota2
Tennessee13
Texas44
Utah7
Virginia13
Vermont6
Washington8
Wisconsin12
West Virginia5
Wyoming1
International2
Total622

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Marieluise Hessel Foundation and has no official or unofficial affiliation with Marieluise Hessel Foundation