Public Art Fund Inc

Organization Overview

Public Art Fund Inc is located in New York, NY. The organization was established in 1977. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Public Art Fund Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Art Fund 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 12/2022, Public Art Fund Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $5.4m during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PUBLIC ART FUND IS NEW YORK'S LEADING PRESENTER OF ARTISTS' PROJECTS AND EXHIBITIONS IN PUBLIC SPACES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXHIBITION PROGRAMPUBLIC ART FUND (PAF) ENGAGES ARTISTS OF DIFFERENT BACKGROUNDS WHOSE WORKS REFLECT DIFFERENT POINTS OF VIEW AND THE DIVERSITY OF NEW YORK CITY. PAF'S MAJOR INITIATIVES INCLUDE DYNAMIC EXHIBITIONS, INSTALLATIONS, AND NEW COMMISSIONS OF ARTWORK BY AN INTERNATIONAL ROSTER OF ARTISTS AT ALL POINTS IN THEIR CAREERS FROM EMERGING TO GLOBALLY RECOGNIZED. THESE PROJECTS BRING IMPORTANT WORKS OF ART OUTSIDE THE TRADITIONAL CONFINES OF MUSEUMS AND GALLERIES, DIRECTLY TO PLACES WHERE NEW YORKERS LIVE AND WORK-INCLUDING PARKS, PLAZAS, OUTDOOR ADVERTISING VENUES, AND OTHER UNEXPECTED SITES-WHERE THEY CAN BE EXPERIENCED FREE OF CHARGE. (SEE SCHEDULE O)EACH YEAR, PAF WORKS WITH ARTISTS TO CREATE SITE-RESPONSIVE WORKS FOR VARIED LOCATIONS THROUGHOUT NEW YORK CITY, AND TO DEBUT EXISTING SCULPTURES AND INSTALLATIONS. COMMISSIONING NEW WORKS INVOLVES DEVELOPING LONG-TERM RELATIONSHIPS BETWEEN PAF AND INDIVIDUAL ARTISTS; IT CAN TAKE FROM A FEW MONTHS TO SEVERAL YEARS TO DEVELOP A PROJECT AND ADDRESS THE COMPLEX TECHNICAL AND LOGISTICAL CONSIDERATIONS INVOLVED IN PRESENTING NEW WORKS IN THE PUBLIC REALM.PAF MAINTAINS A COLLABORATIVE APPROACH TO DEVELOPING PROJECTS, WHEREIN INDIVIDUAL ARTISTS RESPOND TO A SITE IN NEW YORK CITY. AS A RESULT, PAF'S INSTALLATIONS ARE CLOSELY INTEGRATED INTO THEIR LOCATIONS AND OFFER OPPORTUNITIES TO SEE THESE SITES IN NEW WAYS. TO MEET THE ORGANIZATION'S GOAL OF REACHING THE BROADEST POSSIBLE AUDIENCE, PROJECTS ARE LOCATED BOTH IN HIGHLY TRAFFICKED LOCATIONS AND SPREAD ACROSS NEW YORK CITY'S FIVE BOROUGHS. EDUCATION AND OUTREACH PROGRAMSPAF'S OUTREACH PROGRAMS EXPAND UPON ITS EXHIBITION ACTIVITIES BY MAKING THEM ACCESSIBLE TO A WIDER AUDIENCE. PAF PRODUCES DIDACTIC MATERIALS IN PRINT AND DIGITAL FORMATS TO SUPPORT EACH OF ITS PROJECTS, AND TO AID AUDIENCES IN ENJOYING AND UNDERSTANDING PUBLIC ART PROJECTS BY CONTEMPORARY ARTISTS. PAF'S AUDIENCE IS AS BROAD AND DIVERSE AS THE MAKE-UP OF NEW YORK CITY'S RESIDENTS AND VISITORS, AND IT IS ESTIMATED THAT SOME 11 MILLION PEOPLE EXPERIENCED A PAF EXHIBITION OR PROGRAM IN THE LAST YEAR.GIVEN THE UNIQUE CHALLENGES OF MOUNTING AN EXHIBITION OUTDOORS, PAF ALSO DEVOTES SIGNIFICANT RESOURCES TO ENGAGING WITH ITS ONLINE AUDIENCE THROUGH BOTH ITS WEBSITE AND SOCIAL MEDIA PLATFORMS. PUBLICARTFUND.ORG FEATURES EXTENDED INFORMATION ON EACH EXHIBITION AND ARTIST, AS WELL AS MAPS AND GENERAL INFORMATION ABOUT THE SHOWS. VIDEOS FOR EACH EXHIBITION ILLUMINATE THE ARTISTS' THOUGHT PROCESSES AND OFFER OPPORTUNITIES FOR ONLINE VIEWERS TO EXPERIENCE THE SHOWS FROM THE PERSPECTIVE OF AN IN-PERSON VISITOR. PUBLIC ART FUND CONTINUES TO PRESENT ITS SIGNATURE LECTURE SERIES, PUBLIC ART FUND TALKS, VIRTUALLY AND IN PERSON. ORGANIZED IN COLLABORATION WITH THE COOPER UNION, THEY CONNECT COMPELLING CONTEMPORARY ARTISTS TO A BROAD PUBLIC BY ESTABLISHING A DIALOGUE ABOUT ARTISTIC PRACTICES AND PUBLIC ART.


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Board, Officers & Key Employees

Name (title)Compensation
Elizabeth Fearon Pepperman
Chair
$0
Susan K Freedman
President
$328,400
Andrew R Brownstein ESQ
Vice President
$0
Holly Lipton
Vice President
$0
Jennifer New
Secretary
$0
Charles B Short
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Bridgespan Group
Strategic Plan Consultants
$416,458
Culture Trip Gmbh
Travel Consultant For Berlin Patron Trip
$157,529
Youngbuk Art Services Llc
Artwork Fabrication And Installation Wor
$124,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$685,783
Related organizations$0
Government grants $512,387
All other contributions, gifts, grants, and similar amounts not included above$2,297,961
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,496,131
Total Program Service Revenue$307,386
Investment income $77,521
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$13,457
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $149,127
Miscellaneous Revenue$0
Total Revenue $4,219,910

Peer Organizations

Organization NameAssets
Liz Claiborne & Art Ortenberg Foundation
New York, NY
$4,169,306
Theatre Development Fund Inc
New York, NY
$12,739,705
New England Foundation For The Arts Inc
Boston, MA
$6,163,384
Moving Picture Institute
New York, NY
$11,365,614
Pseg Foundation Inc
Newark, NJ
$2,159,799
Performance Zone Inc
New York, NY
$5,780,066
United Way Of Lancaster County
Lancaster, PA
$6,725,538
Town Hall Foundation Inc
New York, NY
$6,384,160
Art Of Problem Solving Initiative Inc
New York, NY
$7,630,346
Music Performance Trust Fund
New York, NY
$5,946,878
Public Art Fund Inc
New York, NY
$4,219,910
Map Fund Inc
New York, NY
$2,092,529
The Cloud Artscience Foundation
Somerville, MA
$1,371,443
Slomo And Cindy Silvian Foundation Inc
Melville, NY
$3,001,086
Philadelphia Cultural Fund Inc
Philadelphia, PA
$3,557,829
American Theatre Wing Inc
New York, NY
$3,691,697
Aba Pathways Inc
Monroe, NY
$2,786,453
America-Israel Cultural Foundation Inc
New York, NY
$2,156,160
Jerome Robbins Foundation
New York, NY
$1,299,865
American Friends Of The Art Fund
New York, NY
$326,864
Milton And Sally Avery Arts Foundation Inc
New York, NY
$501,718
Silver Mountain Foundation For The Arts
Morristown, NJ
$1,512,775
Cultural Alliance Of York County
York, PA
$1,683,542
Care 2 Communities Inc
Boston, MA
$2,288,566
Alden Charitable Foundation Inc
Guilford, CT
$2,148,386

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