Mission
TO SOLICIT MONEY & PROPERTY TO BE USED TO PROMOTE THE EDUCATION, CULTURAL, AND ECONOMIC DEVELOPMENT OF RALEIGH'S ART COMMUNITY.
Public Charity
CONTEMPORARY ART FOUNDATION INC
CONTEMPORARY ART FOUNDATION INC, of RALEIGH, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $567K in revenue, $767K in expenses, $3.1M in total assets. 12 publicly reported grants to this organization, totaling roughly $143K, appear in IRS filings.
EIN: 561376155
RALEIGH, NC
Latest filing: 2025
Total Revenue$567K
Total Expenses$767K
Total Assets$3.1M
Grant Records12
Funding Total$143K
Filing Years2020–2025
Sample Grants Received
MISSION SUPPORT
$10,000
ARTS, CULTURE & HUMANITIES
$6,000
ARTS PROGRAMMING
$20,000
ARTS, CULTURE & HUMANITIES
$7,500
GENERAL SUPPORT
$6,271
Showing up to 5 of 12 total records — full history available with membership.
Officers & Directors
DIRECTOR
Abby Ross
DIRECTOR
Adam Derbyshire
DIRECTOR
Beth Robinson
CHAIR
Charman Driver
DIRECTOR
Elizabeth Purrington
SECRETARY
Janine Steel-Zane
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $567K | $767K | $3.1M |
| 2024 | $603K | $927K | $3.2M |
| 2022 | $552K | $700K | $3.9M |
| 2021 | $562K | $773K | $4.1M |
| 2020 | $721K | $962K | $4.5M |
Between 2020 and 2025, reported annual revenue declined from $721K to $567K (-21%), with total assets most recently reported at $3.1M.
Interactive year-over-year charts and full filing details available with membership.