Sphinx Foundation EIN 02-6007881

Sphinx Foundation FY2021 filing

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Sphinx Foundation is an arts and culture nonprofit based in Hanover, NH, formed in 2006. For fiscal year 2021 it reported $606K in revenue, $153K in expenses, and $4.9M in net assets.Pt I

Founded
2006
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Hanover, NH
Filings
6 on file (2020–2021)
Revenue
$606KFY2021
Expenses
$153K
Net assets
$4.9M
People
17
Filings
6
Updates
0
More identity details & actions ⌄
EIN  02-6007881 Public charity (501(c)(3)) Hanover, NH Founded 2006
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
an arts and culture nonprofit
Leadership
Peter Cowan · Board Member
Money in and out
$606K revenue, $153K expenses
Bottom line
64% program efficiency
Where the money goes · FY2021
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$153K
Pt IX · Ln 25
Net assets
$4.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $452K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.34 Fundraising $0.02
Program efficiency
64%
of spending reaches programs
Surplus margin
+75%
revenue over expenses, this year
Donor-funded
52%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$606K
FY2021▲ +53%
Expenses
$153K
FY2021▲ +3%
Total assets
$4.9M
FY2021▲ +19%
Total liabilities
$0
FY2021
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$153K
Pt IX · Ln 25
Net assets
$4.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$452K
Total assetsPt X · Ln 16$4.9M
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

3 program services account for $98K of program spending, described in the organization's own filed words · FY2021.
01

A) Education

Due to the pandemic, normal operations of the foundation in 2021 were greatly impacted. Most of the normal acitivities were either suspended or conducted on-line. The campus was closed for most of 2021.

$47Kprogram expense
02

B) Community Service

In 2017, the foundation initiated and sponsored a research fellowship in the college's government department focusing on the politics and law program. The foundation has continued to fund the fellowship each year since.

$33Kprogram expense
03

C) Historical Preservation

The sphinx building, originally constructed in 1905, is listed on the national register of historic places. It is the only building so listed on the dartmouth campus. The structure is the oldest poured conrete building in the united states.

$18Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSphinx Foundation
EINHdr · item D02-6007881
Principal addressHdr · item CHanover, NH
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2006
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A800)
Ruling yearIRS BMFOct 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Sphinx Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$316K · 52%
Investment income$228K · 38%
Program service revenue$61K · 10%
Contributions & grants52%$316K
Investment income38%$228K
Program service revenue10%$61K
Total revenueLn 12$606K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.34 Fundraising $0.02
Program services64%$98K
Management & general34%$52K
Fundraising2%$3K
Total functional expensesLn 25$153K

Balance Sheet

Part X · end of year
CashLn 1$4.3M
Total assetsLn 16$4.9M
Total liabilitiesLn 26$0
Total net assetsLn 32$4.9M
Months of cash on handcomputed334.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.3M · Operating expenses (Pt IX) $153K · Less non-cash grants $272K · Cash operating expenses/yr $-119K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $98K · Total expenses $153K
64%
Management & General
Management & general $52K · Total expenses $153K
34%
Fundraising
Fundraising $3K · Total expenses $153K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $3K · Solicited contributions (2-yr avg) $286K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $316K · Total revenue $606K
52%
Government reliance
Government grants — · Total revenue $606K
Earned-income share
Program service revenue $61K · Total revenue $606K
10%
Investment reliance
Investment income $228K · Total revenue $606K
+38%
Program self-sufficiency
Program service revenue $61K · Total expenses $153K
40%
Growth & trend
Revenue growth (YoY)
This year $606K · Prior year $395K
+53%
Net-asset trend (YoY)
End of year $4.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $606K · Expenses $153K
+75%
Liabilities-to-Assets
Total liabilities — · Total assets $4.9M
Net-asset ratio
Net assets $4.9M · Total assets $4.9M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $4.9M
0%
People & payroll
Highest Reported Total Compensation
Individual Peter Cowan · Reported title Board Member · Highest reported compensation $0 · Total expenses $153K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $153K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 34%
Fundraising cost ratio 0.9%
Revenue growth 53%
Investment management fee ratio 0%
Legal fee ratio 5%
Accounting fee ratio 6%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 6 grants · $282K · 2021–2025
Pine Park AssociationNH · FY2025$35,000
Trustees of Dartmouth CollegeNH · FY2024$138,365

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$796K revenue · ⤓ 990 PDF
FY2024$1.8M revenue · ⤓ 990 PDF
FY2023$718K revenue · ⤓ 990 PDF
FY2022$459K revenue · ⤓ 990 PDF
FY2021$606K revenue · viewing · ⤓ 990 PDF
FY2020$395K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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