EIN 95-3070641

Some Serious Business

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Abiquiu
Year formed
1976
Most recent tax filings
2024-06-01
NTEE code, primary
Description
Some Serious Business is a private foundation located in Abiquiu, NM. Its primary purpose is to fund photo licenses for nightclub, artist grants, Some Serious Business Away Grant and performance with Northern Youth Project, organizational grants, and Newmexicow. The interest earned from the funds is used to facilitate the growth and performance of artists in the areas of theater and production. Lynn M Grabowski and others are some of the grantees that have been funded by Some Serious Business. Last year, 15 grants were made by the organization towards its mission.
Total revenues
$63,115
2024
Total expenses
$126,473
2024
Total assets
$130,841
2024
Num. employees
0
2024

Program areas at Some Serious Business

The organization produces cultural events, exhibitions, and performances for the public both new mexico and throughout the u.s.. In addition, its programssb awayprovides artists residencies and retreats in diverse locations including new mexico, italy, and Hawaii. Ssb is also engaged in supporting research and design of a scholarly oral/social history of a cultural landmark of the east village in the early 80s, the pyramid cocktail lounge. During the fiscal year the organization hosted residencies for 6 arts, sponsored 2 premieres, contributed to one, and funded one musician/composer to attend the world of music, arts and dance to perform a concert. Total attendance of all events was approximately 820.
Interest earned used in organization's misson to facilitate the artist's performance and growth in areas of theater and production.

Grants made by Some Serious Business

GranteeGrant descriptionAmount
Northern Youth ProjectGeneral Operating Expenses$1,000
Northwest New Mexico Arts CouncilGeneral Operating Expenses$250
DonorsChoose orgEducators Fund$80

Who funds Some Serious Business

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Gerald J and Dorothy R Friedman New York Foundation for Medical ResearchAn Unrestricted Grant To Further the Organization's Exempt Purpose.$100,000

Financials for Some Serious Business

RevenuesFYE 06/2024
Total grants, contributions, etc.$102,150
Investment income and dividends$356
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$-41,866
Miscellaneous revenues$2,475
Total revenues$63,115

Organizations like Some Serious Business

OrganizationLocationRevenue
Ella Carothers Dunnegan Gallery of Gallery of ArtBolivar, MO$243,641
William R Higgins FoundationWest Des Moines, IA$49,815
Welsh Valley Preservation SocietyLansdale, PA$66,716
Lydia E Pinkham MemorialSalem, MA$54,036
Warren Heritage SocietyFront Royal, VA$58,333
Evansville Historical FoundationEvansville, MN$128,030
Mohican Historical SocietyLoudonville, OH$213,330
Nashua Historical SocietyNashua, NH$294,947
The Mel and Leta Ramos Family FoundationDanville, CA$60,563
Lower Columbia Preservation SocietyAstoria, OR$80,729
Data update history
March 30, 2025
Posted financials
Added Form 990PF for fiscal year 2024
August 26, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from The Gerald J and Dorothy R Friedman New York Foundation for Medical Research
June 6, 2024
Posted financials
Added Form 990PF for fiscal year 2023
May 23, 2024
Updated personnel
Identified 2 new personnel
May 20, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 35
Abiquiu, NM 87510
County
Rio Arriba County, NM
Website URL
someseriousbusiness.org/ 
Phone
(505) 685-4664
IRS details
EIN
95-3070641
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
019674
FTB Entity ID
0787918
AB 488 data last updated ("as-of") date
2025-07-02
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