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← MONIRA FOUNDATION

Form 990 for tax year 2024

Filed by MONIRA FOUNDATION.

Totals

Total revenue
$401,991
Total expenses
$447,494
Contributions and grants received
$396,986
Grants paid
$0
Program service revenue
$5,005
Investment income
$0
Other revenue
$0
Total assets, end of year
$427,574
Total liabilities, end of year
$41,469
Net assets or fund balances, end of year
$386,105
Program services expenses (Part IX)
$216,121
Management and general expenses
$121,775
Fundraising expenses
$109,598
Program service expenses (Part III)
$216,121

Program services were 48.3% 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.

  • 1e · Government grants (contributions)

    $36,625

  • 1f · All other contributions, gifts and grants

    $360,361

  • 2a · Program service revenue: RESIDENCIES

    total $2,405 · related or exempt $2,405

  • 2b · Program service revenue: EXHIBITIONS

    total $2,300 · related or exempt $2,300

  • 2c · Program service revenue: PROGRAMS

    total $300 · related or exempt $300

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $114,577 · program services $57,289 · management and general $22,915 · fundraising $34,373

  • 7 · Other salaries and wages

    total $152,463 · program services $76,231 · management and general $30,493 · fundraising $45,739

  • 8 · Pension plan contributions

    total $10,461 · program services $5,231 · management and general $2,092 · fundraising $3,138

  • 9 · Other employee benefits

    total $26,465 · program services $13,232 · management and general $5,293 · fundraising $7,940

  • 10 · Payroll taxes

    total $24,817 · program services $12,409 · management and general $4,963 · fundraising $7,445

  • 11b · Fees: legal

    total $37,124 · program services $21,074 · management and general $16,050

  • 11c · Fees: accounting

    total $15,000 · management and general $15,000

  • 11g · Fees: other

    total $3,535 · program services $1,767 · management and general $707 · fundraising $1,061

  • 12 · Advertising and promotion

    total $1,672 · fundraising $1,672

  • 13 · Office expenses

    total $7,633 · program services $3,816 · management and general $1,527 · fundraising $2,290

  • 14 · Information technology

    total $5,858 · program services $2,929 · management and general $1,172 · fundraising $1,757

  • 16 · Occupancy

    total $22,298 · program services $3,705 · management and general $18,593

  • 17 · Travel

    total $11,362 · program services $5,681 · management and general $2,272 · fundraising $3,409

  • 23 · Insurance

    total $2,581 · program services $1,291 · management and general $516 · fundraising $774

  • 24a · Other expenses: SUPPLIES & MATERIALS

    total $11,466 · program services $11,466

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $182 · management and general $182

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $44,167 · end of year $18,803

  • 15 · Other assets

    beginning of year $408,283 · end of year $408,771

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,841 · end of year $41,469

  • 27 · Net assets without donor restrictions

    beginning of year $431,609 · end of year $386,105

Mission and programs · 2024

Mission

THE FOUNDATION'S MISSION IS TO EXPAND THE REACH AND QUALITY OF ART AVAILABLE TO THE PUBLIC THROUGH RESIDENCES, EXHIBITIONS, AND EDUCATIONAL PROGRAMS THAT ADDRESS URGENT AND ONGOING COMMUNITY NEEDS PARTICULARLY AS THOSE NEEDS EVOLVE AND CHANGE.

Activities or mission (Part I)

SEE SCHEDULE O

  • RESIDENCIES - IN PARTNERSHIP WITH ARTS INSTITUTIONS, THE FOUNDATION SUPPORTS RESIDENCY PROGRAMS IN URBAN AREAS THAT OFFER STUDIO SPACE, ALONG WITH MENTORING AND EDUCATIONAL SUPPORT, TO ARTISTS ENGAGED IN VARIOUS MEDIUMS.

    Expenses $18,575 · Revenue $2,405

  • EXHIBITIONS - THE FOUNDATION PRODUCES ORIGINAL EXHIBITIONS BY INDEPENDENT CURATORS. FOCUSING ON URGENT THEMES DRAWN FROM CURRENT GLOBAL CULTURE, THESE AMBITIOUS DISPLAYS JUXTAPOSE WORKS BY EMERGING AND ESTABLISHED ARTISTS IN AN ATMOSPHERE OF PHILOSOPHICAL, TECHNOLOGICAL, AND AESTHETIC EXPERIMENTATION. THE FOUNDATION IS ALSO DEDICATED TO MOUNTING COMPREHENSIVE EXHIBITIONS OF WORK BY INFLUENTIAL ARTISTS FROM AROUND THE WORLD, WORKING WITH THE COMMUNITY, AND WITH OTHER COLLECTIONS AND FOUNDATIONS, TO SHARE THEIR IMPACT AND PRESERVE THEIR LEGACIES. IN 2024, SUCH EXHIBITIONS INCLUDED "JONAS MEKAS, OPEN ARCHIVES", WHICH PRESENTED PERSONAL ARTIFACTS, ITEMS AND MEMORABILIA OF THE LATE JONAS MEKAS, A PIONEER IN DIARISTIC CINEMA, TO THE PUBLIC FOR THE FIRST TIME TO DEMONSTRATE THE CONTINUING RELEVANCY OF THE ARTIST STUDIO PRACTICE.

    Expenses $12,598 · Revenue $2,300

  • PROGRAMS - THE FOUNDATION PARTNERS WITH GLOBAL ARTS ORGANIZATIONS TO PROVIDE HIGH-QUALITY EDUCATIONAL PROGRAMS AND EVENTS FOR ALL AGES, INCLUDING MUSIC AND DANCE PERFORMANCES, FILM SCREENINGS, POETRY READINGS, AND PANEL DISCUSSIONS ON ART AND POLITICS. IN 2024, SUCH PROGRAMS INCLUDED "DISCOVERING", A MONTHLY PROGRAM WELCOMING THE PUBLIC TO VIEW ART EXHIBITIONS AND LEARN AND EXPERIENCE THE FEATURED ARTISTIC PRACTICE.

    Expenses $15,884 · Revenue $300

  • Expenses $169,064

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Phong Bui

    DIRECTOR/CO-CHAIR

    Total calculated
    $0
    Hours/week
    10
  • Gary Krat

    DIRECTOR/TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Judd Grossman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Brite Kleemann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Shirin Noshed

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ysabel Pinyol Blasi

    DIRECTOR/PRESIDENT/EXEC. D

    Total calculated
    $114,577
    From this org
    $114,577
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202523179349304642

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