Public Charity

FOUNDATION FOR CONTEMPORARY ARTS INC

Based in NEW YORK, NY, FOUNDATION FOR CONTEMPORARY ARTS INC operates as a Public Charity. The organization reported $4.3M in revenue, $3.1M in expenses, $55.4M in total assets for fiscal year 2024. Imperigo tracks 33 reported grant relationships connected to this organization totaling approximately $2.3M.

EIN: 131978163 NEW YORK, NY Performing Arts NTEE: A60 Latest filing: 2024
Total Revenue$4.3M
Total Expenses$3.1M
Total Assets$55.4M
Grant Records33
Funding Total$2.3M
Filing Years2019–2024

Mission

TO ENCOURAGE, SPONSOR, AND PROMOTE INNOVATIVE WORK IN THE ARTS CREATED AND PRESENTED BY INDIVIDUALS, GROUPS, AND ORGANIZATIONS.

Where $100 goes at Foundation for Contemporary Arts Inc

How Foundation for Contemporary Arts Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$74 Programs the work itself
$16 Management running the organization
$10 Fundraising raising the next dollar

Inside the $74 for programs

$43
Grants to artists
58% of program spending · Reported in the filing: 23 grants; 11 awards
$24
Emergency grants
32% of program spending · Reported in the filing: 231 grants
$3
Creative research grants administration:creative research grants of $10,000 are awarded by fca to support critical exploratory phases of the artistic process
4% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Anne Collier
TREASURER Anthony B Creamer Iii
CO-CHAIR Cecily Brown
DIRECTOR Dean Moss
EXECUTIVE DIRECTOR Elizabeth K Takeda
SECRETARY Emily Wei Rales

Officer compensation and complete director data available with membership.

Top Grant Purposes

Arts & Culture
$1,663,900 13 grants
General Support
$472,600 18 grants
Human & Social Services
$135,000 1 grant
Fundraising & Sponsorship
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.3M $3.1M $55.4M
2023 $6.4M $3.3M $50.3M
2022 $8.1M $2.8M $41.7M
2020 $5.4M $4.8M $41.3M
2019 $3.6M $2.1M $35.7M

Between 2019 and 2024, reported annual revenue grew from $3.6M to $4.3M (+20%), with total assets most recently reported at $55.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FOUNDATION FOR CONTEMPORARY ARTS INC

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