Mission
The mission is to advance the arts as both an individual vocation and social force. The Foundation supports emerging artists and broadens audiences for their work, fosters a climate that values and seeks understanding of the arts.
Public Charity
Visual Arts Foundation Inc
Visual Arts Foundation Inc is a nonprofit organization categorized as Public Charity based in New York, NY. Its most recent IRS filing (2025) reports revenue of $516K, expenses of $321K, total assets of $5.0M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $79K.
EIN: 136261474
New York, NY
Arts Services
NTEE: A90
Latest filing: 2025
Total Revenue$516K
Total Expenses$321K
Total Assets$5.0M
Grant Records7
Funding Total$79K
Filing Years2021–2025
Where $100 goes at Visual Arts Foundation Inc
How Visual Arts Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$74
Programs
the work itself
$26
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $74 for programs
$74
The Foundation provides scholarships, grants and awards for deserving students pursuing courses in the field of art
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Arts, Culture
$6,572
SCHOLARSHIP FUNDING
$15,000
Arts, Culture
$6,426
Arts, Culture
$7,999
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
Director
Bashan Aquart
Director
David Rhodes
Director
Dee Ito
Treasurer
Jacqueline Hoffner
President
Jeffrey Nesin
Director
Patti Greaney
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $516K | $321K | $5.0M |
| 2024 | $610K | $344K | $5.0M |
| 2023 | $604K | $376K | $4.7M |
| 2022 | $570K | $312K | $4.2M |
| 2021 | $1.2M | $310K | $5.1M |
Between 2021 and 2025, reported annual revenue declined from $1.2M to $516K (-57%), with total assets most recently reported at $5.0M.
Interactive year-over-year charts and full filing details available with membership.