Doris Duke Foundation For Islamic Art
- Assets
- $38.6m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/2003
- Data as of
- 12/2021
- EIN
- 05-0523809
Organization Overview
Doris Duke Foundation For Islamic Art is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Doris Duke Foundation For Islamic Art is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Doris Duke Foundation For Islamic Art generated $9.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $9.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Doris Duke Foundation For Islamic Art has awarded 116 individual grants totaling $11,109,687. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 12
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Konrad Ng Executive Director | 40 | $250,046 | |
Lea Major Deputy Director | 40 | $157,803 | |
Leslee Michelsen Curator, Collections | 40 | $122,959 | |
Derrick Tsukayama Security Manager | 40 | $92,961 | |
William Miyaji Operations Manager | 40 | $85,038 | |
Edward P Henry Ceo/president (thru 03/2021) | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rethink Media Inc | 12/30/21 | $103,674 |
Robert Marcos Inc | 12/30/21 | $98,174 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,082,175 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,879 |
| Total Revenue | $9,089,054 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $2,158,321 |
| Pension plans, employee benefits | $1,040,721 |
| Interest | $0 |
| Taxes | $308 |
| Depreciation | $963,754 |
| Occupancy | $26,387 |
| Travel, conferences, and meetings | $20,216 |
| Printing and publications | $22,382 |
| Other expenses | $2,019,531 |
| Total operating and administrative expenses | $6,780,651 |
| Contributions, gifts, grants paid | $2,702,385 |
| Total expenses and disbursements | $9,483,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,509 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $2,202,973 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $105,687 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $36,250,086 |
| Other assets | $167 |
| Total assets | $38,632,422 |
| Accounts payable and accrued expenses | $600,787 |
| Grants payable | $1,708,541 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,005,594 |
| Total liabilities | $4,314,922 |
Grants Awarded
Over the last fiscal year, Doris Duke Foundation For Islamic Art has awarded $4,970,597 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
HONOLULU MUSEUM OF ART PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT TO THE HONOLULU MUSEUM OF ART (HOMA), A KEY PARTNER TO THE SHANGRI LA MUSEUM OF ISLAMIC ART, CULTURE & DESIGN | $250,000 |
Brooklyn, NY PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
HONOLULU MUSEUM OF ART PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT TO THE HONOLULU MUSEUM OF ART (HOMA), A KEY PARTNER TO THE SHANGRI LA MUSEUM OF ISLAMIC ART, CULTURE & DESIGN | $250,000 |
Los Angeles, CA PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
Washington, DC PURPOSE: TO SUPPORT THE YES, AND... LAUGHTER LAB, A COMPETITIVE INCUBATION LAB AND PITCH PROGRAM OF THE CENTER FOR MEDIA AND SOCIAL IMPACT | $233,280 |
Chicago, IL PURPOSE: TO SUPPORT OJAL! A METRO-WIDE COLLABORATION TO PRODUCE EXTENDED RESIDENCIES WITH RECOGNIZED MUSLIM ARTISTS | $232,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Doris Duke Foundation For Islamic Art has recieved totaling $6,451,362.
| Awarding Organization | Amount |
|---|---|
Doris Duke Charitable Foundation Inc New York, NY PURPOSE: EMPLOYEE RELATED EXPENSES; GENERAL ADMIN EXPENSES; PROGRAM RELATED EXPENSES; GENERAL OPERATING EXPENSES; CAPITAL EXPENDITURES | $6,451,362 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Fine Arts Academy Buffalo, NY | $293,134,468 | $30,844,940 |
New Museum Of Contemporary Art New York, NY | $107,362,095 | $41,908,538 |
Institute Of Contemporary Art Boston, MA | $121,321,339 | $26,427,567 |
Museum Of Arts And Design New York, NY | $100,702,289 | $12,680,439 |
Wadsworth Atheneum Museum Of Art Hartford, CT | $165,426,651 | $15,147,902 |
Neue Galerie New York New York, NY | $114,494,920 | $18,242 |
Worcester Art Museum Worcester, MA | $148,643,203 | $30,005,812 |
International Center Of Photography New York, NY | $72,245,409 | $16,287,723 |
Doris Duke Foundation For Islamic Art New York, NY | $38,632,422 | $9,089,054 |
Storm King Art Center New Windsor, NY | $80,583,864 | $14,230,209 |
Fellowship For The Performing Arts Inc New York, NY | $15,555,732 | $10,766,818 |
Ps1 Contemporary Art Center Inc Long Island City, NY | $7,393,924 | $9,638,266 |