The Keith Haring Foundation Inc
- Assets
- $57.9m
- Revenue
- $18.7m
- Investments
- $48.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1991
- Data as of
- 09/2021
- EIN
- 11-0249024
Organization Overview
The Keith Haring Foundation Inc is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keith Haring Foundation Inc 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 09/2021, Keith Haring Foundation Inc generated $18.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $11.6m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Keith Haring Foundation Inc has awarded 135 individual grants totaling $14,221,320. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gilbert Vazquez Pres./exec. Dir. (from 1/1/22) | 40 | $188,624 | |
Annelise Ream Creative Director | 40 | $136,858 | |
Julia Gruen Vice President | 40 | $134,717 | |
Matthew Barolo Operations Manager | 40 | $120,396 | |
Anna Gurton-Wachter Archivist | 40 | $89,886 | |
Fawn Krieger Education/grants | 40 | $82,419 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ladas & Parry Llp | 9/29/21 | $626,449 |
Stout Thomas & Johnson | 9/29/21 | $393,723 |
Morgan Stanley | 9/29/21 | $280,226 |
Bank Of America Private Wealth Management | 9/29/21 | $176,268 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $166 |
| Dividends & Interest | $1,098,569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,667,995 |
| Capital Gain Net Income | $12,703,053 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,888,745 |
| Total Revenue | $18,655,475 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $398,341 |
| Other employee salaries and wages | $535,269 |
| Pension plans, employee benefits | $226,477 |
| Interest | $0 |
| Taxes | $236,323 |
| Depreciation | $5,837 |
| Occupancy | $445,005 |
| Travel, conferences, and meetings | $4,523 |
| Printing and publications | $0 |
| Other expenses | $248,526 |
| Total operating and administrative expenses | $3,674,743 |
| Contributions, gifts, grants paid | $7,891,674 |
| Total expenses and disbursements | $11,566,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,684,465 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,048,969 |
| Net Land, buildings, and equipment | $23,343 |
| Other assets | $4,263,324 |
| Total assets | $57,927,744 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Keith Haring Foundation Inc has awarded $7,891,674 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
LGBT CENTER PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $3,653,552 |
CALLEN-LORDE COMMUNITY HEALTH CENTER PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $500,000 |
DOCTORS WITHOUT BORDERS PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $350,000 |
PLANNED PARENTHOOD OF NYC PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $300,000 |
PERFORMANCE SPACE NEW YORK PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $250,000 |
Washington, DC PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |