Old Mill Foundation FY2021 filing

Tax-deductible

San Marino, CA501(c)(3)Arts & CultureEIN 95-4549517

To maintain, preserve and operate the old mill, el molino viejo, which is an architectural landmark, an adobe monument to the legacy of the california missions and the spanish presence in early california. Operate artistic, educational and community programs at the old mill.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $88K a year · 44% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
18 mo
of spending, in cash
Looks good: 17.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$177K
-2% vs prior year
Spent
$98K
To programs
100%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$177K
FY2021▼ -2%
Revenue by fiscal year
FY2020$181K
FY2021$177K
FY2022$237K
FY2023$107K
FY2024$302K
Expenses
$98K
FY2021▲ +22%
Expenses by fiscal year
FY2020$80K
FY2021$98K
FY2022$116K
FY2023$109K
FY2024$160K
Net assets
$1.3M
FY2021▲ +20%
Net assets by fiscal year
FY2020$1.1M
FY2021$1.3M
FY2022$1.3M
FY2023$1.4M
FY2024$1.7M

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $98K Management & general 0% · $155

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Kate Sinclair’s $60K as Executive Dir. is at the 55th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Kate Sinclair$60,000$51,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and operates an adobe landmark, offering art, education, and community programs.

Provided by the organization

This section is blank until Old Mill Foundation claims this page.

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

Maintain, preserve and operate the old mill, and operate artistic, educational and community programs at the old mill.

$98Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$177K
Ln 12
Gifts and grantsLn 1h$106K
Investment incomeLn 3$56K
Other incomeLn 4–11$16K
Money outPt IX
$98K
Ln 25
Programscol B$98K
Managementcol C$155
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$143K
Total assetsLn 16$1.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$106K
Government grantsLn 1e$66K
Investment incomeLn 3$56K
Other incomeLn 4–11$16K
Gains on assetsLn 7$0
Total revenueLn 12$177K
Assets in detailPt X, end of year
CashLn 1$143K
SavingsLn 2$4
Cash and savings togetherLn 1–2$143K
InvestmentsLn 11–13$1.2M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.3M
LiabilitiesLn 26$0
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 51
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$130K$143K
InvestmentsLn 11–13$970K$1.2M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.1M$1.3M
LiabilitiesLn 26$10K$0
Net assetsLn 32$1.1M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$47K$47K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$4K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$4K$4K$105
Advertising and promotionLn 12$295$295
Office expensesLn 13$133$133
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$29K$29K
All other expensesLn 24e$12K$12K$50
Total functional expensesLn 25$98K$98K$155$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $302K$160K$141K$1.7M 990 PDF
FY2023 $107K$109K−$2K$1.4M 990 PDF
FY2022 $237K$116K$121K$1.3M 990 PDF
FY2021 Viewing $177K$98K$79K$1.3M 990 PDF
FY2020 $181K$80K$101K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $176,669 across 11 lines filed
Lines not itemized here account for $473 of total revenue; see the IRS return.
VIII-1b Membership dues$36,530
VIII-1e Government grants$65,750
VIII-1f All other contributions, gifts and grants$3,274
VIII-1h Total contributions, gifts and grants$105,554
VIII-3 Investment incomeRelated to mission $55,546$55,546
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $15,096$15,096
VIII-12 Total revenueRelated to mission $70,642 · Excluded from tax $473$176,669
Part IX · Statement of functional expenses $97,962 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $46,800$46,800
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $3,979$3,979
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $3,942 · Management $105$4,047
IX-12 Advertising and promotionPrograms $295$295
IX-13 Office expensesPrograms $133$133
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $1,653$1,653
IX-24 Other expenses (24a–d)Programs $29,240$29,240
IX-24e All other expensesPrograms $11,765 · Management $50$11,815
IX-25 Total functional expensesPrograms $97,807 · Management $155 · Fundraising $0$97,962
Part X · Balance sheet $1,308,405 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $129,695$143,106
X-2 Savings and temporary cash investmentsStart of year $4$4
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $969,580$1,165,295
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,099,279$1,308,405
X-26 Total liabilitiesStart of year $9,750$0
X-27 Net assets without donor restrictionsStart of year $437,815$529,231
X-28 Net assets with donor restrictionsStart of year $651,714$779,174
X-32 Total net assets or fund balancesStart of year $1,089,529$1,308,405
X-33 Total liabilities and net assetsStart of year $1,099,279$1,308,405
Part XI · Reconciliation of net assets $1,308,405 net assets at year end
XI-1 Total revenue$176,669
XI-2 Total expenses$97,962
XI-3 Revenue less expenses$78,707
XI-4 Net assets at start of year$1,089,529
XI-5 Net unrealized gains (losses) on investments$140,169
XI-10 Net assets at end of year$1,308,405

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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