SECONDMUSE FOUNDATION

LAKE OSWEGO, OR, 97034-4907 (505) 835-3753 Est. 2019 EIN 84-2181021
S80— Community Improvement Form 990 501(c)(3)
SECONDMUSEFOUNDATION.ORG

Mission

THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE.

Giving Portfolio

Total Grants
18
Total Giving
$776K
Recipients
18
Years Active
2021 - 2023
Avg grant: $37,639 Median: $21,250

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20238$352K $44K35
20228$382K $48K71
20212$43K $21K20

Sectors Funded

Community Improvement
7
Education
5
Philanthropy & Grantmaking
3
Human Services
2
Environment
1

Top States

Illinois
11
California
3
Florida
2
New York
1
New Jersey
1

Grantee Size Profile

$1M - $5M
7
Over $50M
5
$100K - $500K
3
Under $100K
1
$10M - $50M
1

Top Grantees

Page 1 of 2

Grants Awarded · 18 grants

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Financials

Total Revenue
$940,902
Total Expenses
$4,154,651
Net Assets
$345,144
9 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
1.0 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 80.3%
Expenses ↓ 40.3%
Revenue Sources
Contributions 97.2% Investment 2.8%
Expense Breakdown
Program 77.8% Management 22.2%

Officers & Trustees (7)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$940,902 $4,154,651$345,144
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$4,771,822 $6,958,277$3,558,893
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$5,727,123 $6,678,024$5,745,348
2021 Form 990
Jan 1, 2021 to Dec 31, 2021
$9,612,757 $4,387,004$6,696,249
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$2,298,432 $2,134,184$1,485,496
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$2,298,432 $2,134,184$1,485,496
2019 Form 990
Jan 1, 2019 to Dec 31, 2019
$1,699,029 $377,781$1,321,248

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EIN: 84-2181021 · Source: IRS Form 990 e-file data