Jim Henson Foundation
- Assets
- $4.2m
- Revenue
- $668.6k
- Investments
- $4.0m
- Employees
- 0
- Location
- Long Island City, NY
- Founding
- 06/1984
- Data as of
- 12/2023
- EIN
- 13-3133702
Organization Overview
Jim Henson Foundation is located in Long Island City, NY. The organization was established in 1984. 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. Jim Henson Foundation 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 12/2023, Jim Henson Foundation generated $668.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $534.2k during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 5 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.
Since 2020, Jim Henson Foundation has awarded 199 individual grants totaling $1,063,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUPPETRY AT THE CARRIAGE HOUSE (PATCH): A RESIDENCY PROGRAM SETUP THROUGH THE JIM HENSON FOUNDATION WITH SUPPORT FROM THE JANE HENSON FOUNDATION. PUPPET THEATER ARTISTS ARE GIVEN ACCESS TO THE HENSON CARRIAGE HOUSE SPACE FOR 5-6 DAYS TO REHEARSE THEIR NEW WORK AND THEN PERFORM A WORK-IN-PROGRESS AT THE END OF THE WEEK IN FRONT ON AN INVITED AUDIENCE WITH A FEEDBACK SESSION FOLLOWING THE PERFORMANCE. ARTISTS ARE ALSO GIVEN A $1,000 STIPEND TO HELP OFFSET COSTS INCURRED DURING THE RESIDENCY. THE PATCH RESIDENCY WAS AWARDED TO TWO ARTISTS IN 2023: CONCRETE TEMPLE THEATRE AND MARIA CAMIA.
SPECIAL EVENTS - RECEPTION: IN 2023 LA MAMA, A WELL-ESTABLISHED DOWNTOWN THEATER VENUE IN NEW YORK CITY HOSTED A PUPPETRY FESTIVAL FROM NOVEMBER 2-18, 2023. THE JIM HENSON FOUNDATION SUPPORTED THE OPENING OF THIS FESTIVAL, UNDERWRITING A RECEPTION FOR OPENING NIGHT ON NOVEMBER 2, 2023.
RICHARD EXHIBIT CHICAGO: THE JIM HENSON FOUNDATION HAS BEEN IN PARTNERSHIP WITH PHOTOGRAPHER AND BOARD MEMBER RICHARD TERMINE FOR A NUMBER OF YEARS. IN 2019 THE FOUNDATION EXHIBITED RICHARD'S PHOTOGRAPHS IN FRANCE AT THE WORLD PUPPETRY FESTIVAL IN 2 CHARLEVILLEMEZIERES. THIS EXHIBIT, AMERICAN PUPPET THEATER TODAY: THE PHOTOGRAPHY OF RICHARD TERMINE, HAS TOURED TO A NUMBER OF LOCATIONS SINCE. IN JANUARY 2023, IT WAS EXHIBITED AT THE CHICAGO INTERNATIONAL PUPPET THEATER FESTIVAL FROM JANUARY 18-29, 2023. THE FOUNDATION'S EXPENSES FOR THIS COVERED THE COSTS OF THE INSTALLATION AND STRIKE OF THE EXHIBIT, INCLUDING TRANSPORTATION FOR ARTIST RICHARD TERMINE TO THE EXHIBIT OPENING, TRANSPORTATION AND LODGING FOR FOUNDATION PRESIDENT CHERYL HENSON, AND RICHARD TERMINE'S ARTIST FEE.
RICHARD EXHIBIT UMD: THE JIM HENSON FOUNDATION HAS BEEN IN PARTNERSHIP WITH PHOTOGRAPHER AND BOARD MEMBER RICHARD TERMINE FOR A NUMBER OF YEARS. IN 2019 THE FOUNDATION EXHIBITED RICHARD'S PHOTOGRAPHS IN FRANCE AT THE WORLD PUPPETRY FESTIVAL IN CHARLEVILLE-MEZIERES. THIS EXHIBIT, AMERICAN PUPPET THEATER TODAY: THE PHOTOGRAPHY OF RICHARD TERMINE, HAS TOURED TO A NUMBER OF LOCATIONS SINCE. FROM JUNE 15-JULY 27, 2023, THE EXHIBIT WAS ON DISPLAY AT THE UNIVERSITY OF MARYLAND, OVERLAPPING THE DATES OF THE NATIONAL PUPPETRY FESTIVAL WHICH WAS JULY 18-22. THE FOUNDATION'S EXPENSES FOR THIS COVERED THE COSTS OF THE INSTALLATION AND STRIKE OF THE EXHIBIT, THE PRINTING OF 20 NEW PHOTOS AND 2 NEW SIGNS, EXHIBIT MOUNTING SUPPLIES, ADVERTISING MATERIALS, AND AN OPENING RECEPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Henson President | 1 | $0 | |
Richard Termine Vice President | 1 | $0 | |
Hanne Tierney Secretary | 1 | $0 | |
Louis Borodinsky Treasurer | 1 | $0 | |
Pam Arciero Director | 1 | $0 | |
Janie Geiser Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,624 |
| Interest on Savings | $0 |
| Dividends & Interest | $155,917 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $262,074 |
| Capital Gain Net Income | $700,862 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $668,615 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $126,323 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,516 |
| Depreciation | $0 |
| Occupancy | $5,500 |
| Travel, conferences, and meetings | $1,867 |
| Printing and publications | $0 |
| Other expenses | $62,981 |
| Total operating and administrative expenses | $246,180 |
| Contributions, gifts, grants paid | $288,000 |
| Total expenses and disbursements | $534,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $122,289 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,000 |
| Total assets | $4,169,876 |
| Accounts payable and accrued expenses | $2,549 |
| 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 | $2,549 |
Grants Awarded
Over the last fiscal year, Jim Henson Foundation has awarded $288,000 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
BAM PURPOSE: PUPPET PRODUCTION | $5,000 |
AUTOMATA PURPOSE: PUPPET PRODUCTION | $3,000 |
DIXON PLACE PURPOSE: PUPPET PRODUCTION | $3,000 |
ASHEVILLE CREATIVE ARTS PURPOSE: PUPPET PRODUCTION | $7,000 |
CONCRETE TEMPLE THEATRE PURPOSE: PUPPET PRODUCTION | $7,000 |
DIXON PLACE PURPOSE: PUPPET PRODUCTION | $3,000 |