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← MARA FOUNDATION

Form 990 for tax year 2022

Filed by MARA FOUNDATION.

Totals

Total revenue
$575,000
Total expenses
$549,909
Contributions and grants received
$575,000
Grants paid
$50,568
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$61,727
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$61,727
Program services expenses (Part IX)
$528,999
Management and general expenses
$20,910
Fundraising expenses
$0
Program service expenses (Part III)
$528,999

Program services were 96.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $575,000

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $25,284 · program services $25,284

  • 3 · Grants to foreign organizations and individuals

    total $25,284 · program services $25,284

  • 11c · Fees: accounting

    total $16,549 · management and general $16,549

  • 11g · Fees: other

    total $169 · management and general $169

  • 14 · Information technology

    total $88,336 · program services $88,336

  • 16 · Occupancy

    total $67,336 · program services $67,336

  • 17 · Travel

    total $81,656 · program services $81,656

  • 23 · Insurance

    total $4,192 · management and general $4,192

  • 24a · Other expenses: CATERING

    total $98,533 · program services $98,533

  • 24b · Other expenses: OUTSIDE SERVICES

    total $89,011 · program services $89,011

  • 24c · Other expenses: EVENT PLANNER

    total $45,190 · program services $45,190

  • 24d · Other expenses: SECURITY

    total $5,928 · program services $5,928

  • 24e · All other expenses

    total $2,441 · program services $2,441

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,596 · end of year $56,207

  • 2 · Savings and temporary cash investments

    beginning of year $664 · end of year $520

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,376 · end of year $5,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $36,636 · end of year $61,727

Mission and programs · 2022

Mission

NONE

Activities or mission (Part I)

MARA FOUNDATION'S GENERAL OBJECTIVES ARE CHARITABLE AND EDUCATIONAL WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTION 501(C)(3). ITS MISSION IS TO CREATE A COMMUNITY THAT IDENTIFIES, ENCOURAGES, AND PROMOTES THE INTERESTS OF PROMISING YOUNG PERSONS IN LITERATURE, FILM, ART, SCIENCE, POLITICS, MUSIC AND OTHER ACADEMIC FIELDS THROUGH EDUCATIONAL FORUMS, SYMPOSIA, NETWORKING WITH MENTORS AND ESTABLISHED PROFESSIONALS AND OTHERS IN SIMILAR FIELDS. MARA FOUNDATION ALSO PROMOTES THE CAUSE OF WOMEN'S RIGHTS BOTH IN AND OUTSIDE THE UNITED STATES AND FOSTERS PUBLIC AWARENESS, UNDERSTANDING, AND APPRECIATION OF WOMEN IN LITERATURE, SCREENWRITING, DIRECTING, PLAYWRITING, AND OTHER ARTISTIC FIELDS THROUGH EDUCATIONALEVENTS, SYMPOSIA, AND OTHER MEANS.

  • THE FELLOWSHIP PROMOTES EACH SYMPOSIUM THROUGH ITS WEBSITE AT HTTPS://WWW.JERICHOFELLOWSHIP.COM/; ON SOCIAL MEDIA (E.G., TWITTER, INSTAGRAM, FACEBOOK, REDDIT); AND THROUGH WEBSITES AND BLOGS TARGETING OR POPULAR WITH YOUNG ARTISTS (E.G., HYPERALLERGIC.COM, CREATIVEWRITINGNEWS.COM). ANYONE INTERESTED IN A SYMPOSIUM MAY ATTEND. BECAUSE EVEN ESTABLISHED (NOT TO MENTION YOUNG UP-AND-COMING) ARTISTS USUALLY STRUGGLE FINANCIALLY AND HAVE LIMITED MEANS, THE FOUNDATION FULLY FUNDS THE VENUE, INSURANCE, DINNER EXPENSES, AND OTHER COSTS OF EACH SYMPOSIUM, SO THAT THERE IS NO ENTRANCE OR OTHER FEE FOR ATTENDEES.HOWEVER, AND EXCEPT AS DESCRIBED IN THE FOLLOWING PARAGRAPH, ATTENDEES PAY FOR THEIR OWN TRAVEL, LODGING, AND OFF-PREMISES MEALS. THE FELLOWSHIP SOLICITS SUBMISSIONS FOR THE FELLOWSHIP PRIZE THROUGH THE SAME MEANS BY WHICH ITPROMOTES THE SYMPOSIA IN THE PRECEDING PARAGRAPH. A WINNER RECEIVES A CASH PRIZE OF 8,000 EUROS; IS INVITED TO ATTEND THE NEXT SYMPOSIUM WHERE HE/SHE WILL BE PRESENTED WITH HIS/HER PRIZE; AND HAS HIS/HER TRAVEL AND LODGING EXPENSES PAID BY THE FOUNDATION.

    Expenses $528,999 · Grants $50,568

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kouroash Pourhabib

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Ryan Walsh

    SECRETARY/CFO

    Total calculated
    $0
    Hours/week
    1
  • Emily Hargrove

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
31 October 2023
IRS schema version
2022v5.0
Source object
202323129349304337

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