Private Foundation

THE MASTERWORK MUSIC & ART FOUNDATION

THE MASTERWORK MUSIC & ART FOUNDATION, of CRANFORD, NJ, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $58K in revenue, $37K in expenses, $1.0M in total assets. IRS filings disclose 4 grants awarded by this foundation, totaling roughly $2K.

EIN: 221717253 CRANFORD, NJ Latest filing: 2025

Total Revenue$58K

Total Expenses$37K

Total Assets$1.0M

Grants Given4

Grant Total$2K

Filing Years2021–2025

Sample Grants Given

OUT OF THE BOX THEATER

STATEN ISLAND, NY · 2024

GENERAL USE

$1,000

FRIENDS OF BEATTIE POWERS

CATSKILL, NY · 2024

GENERAL USE

$500

ATHENS CULTURAL CENTER

ATHENS, NY · 2024

GENERAL USE

$500

STEPHEN PETRONIO DANCE CO

NEW YORK, NY · 2024

GENERAL USE

$500

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

ADMINISTRATOR Alice Glock

MEMBER Carol May

MEMBER Eileen White

MEMBER Eric Hafen

MEMBER Joen Ferrari

MEMBER John L Thomas

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL USE

$2,500 4 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$58K	$37K	$1.0M
2024	$56K	$51K	$1.0M
2023	$40K	$36K	$994K
2022	$41K	$76K	$1.0M
2021	$41K	$42K	$1.2M

Between 2021 and 2025, reported annual revenue grew from $41K to $58K (+43%), with total assets most recently reported at $1.0M.

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

Grant Geography

Grants from this foundation were reported to recipients in NY.

Full geographic grant map with state-by-state breakdown available with membership.

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