NonprofitsWorthless Foundation Inc

Arts, Culture & Humanities

Worthless Foundation Inc

NEW YORK, NY

Total revenue

$978K

Total expenses

$889K

Net assets

$6.1M

Grants received

$557K

17 grants

EIN

834240559

Tax year

2024

Mission

To promote the arts and provide support to new, aspiring, or emerging artists.

Financials

FY 2024

Revenue

Contributions & grants$312K
Program service revenue$55K
Investment income$583K
Other revenue$27K
Total revenue$978K

Expenses

Grants paid
Salaries & benefits$278K
Fundraising$46K
Other expenses$611K
Total expenses$889K
Total assets$6.1M
Net assets$6.1M

People

7 listed

NameRoleCompensation

NEIL HAMAMOTO

FOUNDER,PRESIDENT,CREATIVE DIRECTOR

Board

30 hrs/wk

DAVID HAMAMOTO

VICE PRESIDENT

Board

0.25 hrs/wk

MIKE FORMAN

TREASURER

Board

0.25 hrs/wk

JORDAN HUELSKAMP

SECRETARY

Board

0.25 hrs/wk

ANN HARAKAWA

BOARD MEMBER

Board

0.25 hrs/wk

CHARLIE JARVIS

BOARD MEMBER

Board

0.25 hrs/wk

ALLEN MURABAYASHI

BOARD MEMBER

Board

0.25 hrs/wk

Grants received

Showing 17 of 17

FromAmountPurposeYear
$100K
TO SUPPORT STRATEGIC PLANNING NEEDS FOR FUTURE INSTALLATIONS OF 1-800 HAPPY BIRTHDAY
2024
$50K
For grant recipient's exempt purposes
2023
$50K
ARTS, CULTURE & HUMANITIES
2023
$25K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2023
$10K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$1K
General & Unrestricted
2023
$100K
FOR ARTIST RESIDENCIES
2022
$7K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2022
$5K
UNRESTRICTED
2022
$15K
CULTURE & ARTS
2021
$15K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2021
$50K
ARTS, CULTURE & HUMANITIES
2020
$1K
GENERAL SUPPORT
2020
$1K
GENERAL SUPPORT
2020

Funded by

$557K from 11 funders · 17 grants · 2020–2024

The Goldman Sachs Charitable Gift Fund

$172K · 5 grants · 2020–2023

Rockefeller Brothers Fund Inc

$100K · 1 grant · 2022

The Andrew W Mellon Foundation

$100K · 1 grant · 2024

Donor Advised Charitable Giving Inc

$100K · 2 grants · 2020–2023

National Philanthropic Trust

$15K · 1 grant · 2021

Jewish Communal Fund

$10K · 1 grant · 2023

Jaf Foundation

$5K · 1 grant · 2022

Details

EIN834240559
NTEE codeA25
Subsection03
Ruling date2019-06
Formed2019
Employees0
Volunteers6
WORTHLESS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo