Public Charity

DEPART FOUNDATION INC

DEPART FOUNDATION INC is a private foundation categorized as Public Charity based in MALIBU, CA. Its most recent IRS filing (2021) reports revenue of $2K, expenses of $73K, total assets of $91K. Imperigo tracks 1 reported grants from this foundation totaling approximately $5K.

EIN: 463650588 MALIBU, CA Arts Services NTEE: A90 Latest filing: 2021
Total Revenue$2K
Total Expenses$73K
Total Assets$91K
Grants Given1
Grant Total$5K
Filing Years2017–2021

Mission

1. SPECIFICALLY TO PROMOTE INTEREST IN CONTEMPORARY ART,DESIGN,ARCHITECTURE AND SCIENCES. 2. IN FURTHERANCE OF THE ABOVE TO MAKE CONTRIBUTION OF FUNDS TO NON PROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY, WHICH IS DEDICATED IN THE DEVELOPMENT OF CONTEMPORARY ARTISTS. 3. TO PROVIDE GRANTS FOR RESEARCH,SOLICIT AND COLLECT FUNDS AND ENGAGE IN ACTIVITIES, SUCH AS THE HOLDING OF SYMPOSIA AND INFORMATIONAL GATHERINGS FOR PROSPECTIVE CONTEMPORARY ARTISTS INTERESTED IN DEPARTING FROM THEIR PREVIOUS ENDEAVORS OR PREDECESSORS, IN ORDER TO CULTIVATE, DEVELOP AND FURTHER THE KNOWLEDGE AND AWARENESS OF NON PROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY. 4. TO IDENTIFY STRONG CONTEMPORARY ARTISTS IN THE UNITED STATES AND ITALY FOR POSSIBLE ENROLLMENT IN RESIDENCY PROGRAMS. 5. TO RAISE, RECEIVE AND MAINTAIN A FUND OR FUNDS FOR, AND ALLOCATE AND APPLY THE PRINCIPAL AND INCOME THERE OF FOR THE ADVANCEMENT OF THE PURPOSES DESCRIBED ABOVE

Sample Grants Given

DEPART GALLERY LA
2021
$5,150

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

PRESIDENT Pierpaolo Barzan
DIRECTOR Valeria Sorci

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$5,150 1 grant

Financial Trends

Year Revenue Expenses Assets
2021 $2K $73K $91K
2020 $-1.5M $124K $289K
2019 $-687K $209K $1.9M
2018 $38K $194K $3.5M
2017 $225K $337K $3.7M

Between 2017 and 2021, reported annual revenue declined from $225K to $2K (-99%), with total assets most recently reported at $91K.

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

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