Saul Steinberg Foundation is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Saul Steinberg 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 03/2022, Saul Steinberg Foundation generated $165.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $7.7m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Saul Steinberg Foundation has awarded 27 individual grants totaling $13,949,900. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN THE SAUL STEINBERG FOUNDATION'S ART HOLDINGS, STORAGE SPACE, AND DONATION PROGRAM. CONTINUE TO CONDUCT EXTENSIVE RESEARCH, PROVIDE RESOURCES TO SCHOLARS AND THE PUBLIC, AND WRITE WEBSITE CONTENT WITH EXTENSIVE VISUAL ELEMENTS. WORK WITH PUBLIC COLLECTIONS THAT OWN EXAMPLES OF STEINBERG'S ART. RESPOND TO SCHOLARS', CURATORS, COLLECTORSAND THE PUBLIC'S FREQUENT QUERIES ABOUT STEINBERG'S LIFE, CAREER, AND INDIVIDUAL OR GROUPS OF HIS WORKS OF ART.THE FOUNDATION'S WEBSITE IS HIGHLIGHTED BY A COPIOUSLY ILLUSTRATED AND HIGHLY DETAILED CHRONOLOGY, A SEARCHABLE SELECTION OF HIS ARTWORK, AND LISTINGS OF BIBLIOGRAPHIC REFERENCES AND SOLO AND GROUP EXHIBITIONS OF HIS ART. THERE ARE NOW NEARLY TWENTY PUBLIC COLLECTIONS IN WHICH HIS ART IS REPRESENTED IN DEPTH ALONG WITH NEARLY ONE HUNDRED AND FIFTEEN OTHER MUSEUMS. THE BOARD NOW REALIZES THAT ADDITIONAL TIME IS NEEDED TO BE ABLE TO CLOSE THE FDTN:DISTRIBUTE THE FOUNDATION'S ARTISTIC HOLDINGS, FULLY POPULATE THE DATABASE, AND DETERMINE A
ACTIVITY ONE CONTINUED: MEANS TO DEAL WITH LICENSING AND IMAGE USE AND AVAILABIITY.ACTIVITY TWO:MAINTAINING, ADDING, AND ENHANCING THE SAUL STEINBERG FOUNDATION'S COLLECTOR SYSTEMS DATABASE TO PROVIDE A SOLID, COMPLETE, AND DEFINITIVE PLATFORM OF INFORMATION ON STEINBERG AND HIS ART FOR FUTURE SCHOLARS. THE DATABASE WILL HAVE GENERAL PUBLIC ACCESSIBILITY TO TOP LEVELS OF THE DATA BASE'S INFORMATION AND ADDITIONAL LEVELS FOR SCHOLARS ON A CASE-BY-BASE BASIS AS ADMINISTERED BY AN AS YET UNDETERMINED ACADEMIC ENTITY, WHICH MAY NEED TO BE INDEPEMDENT OF YALE UNIVERISTY'S BEINECKE LIBRARY AND ARCHIVES, THE REPOSITORY OF STEINBERG'S PAPERS, A LARGE QUANTITY OF HIS ART, AND EXTENSIVE ARCHIVAL MATERIALS.
THE WIDESPREAD PROGRAM OF DONATIONS OF STEINBERG'S ART TO MUSEUMS BY THE SAUL STEINBERG FOUNDATION HAS CONTINUED AGGRESSIVELY. AMID THE MULTIPLE US MUSEUM GIFTS, A SPECIAL INITIATIVE OF THE FOUNDATION'S ART DONATION PROGRAM WAS DIRECTED TO MILAN, ITALY, THE SECOND MOST IMPORTANT CITY IN STEINBERG'S LIFE AFTER NEW YORK CITY (WHICH HAS SEVEN MUSEUMS AND A LIBRARY OWNING SIGNIFICANT HOLDINGS OF HIS ART). IN MILAN, DUE TO THE TWO STEINBERG RETROSPECTIVE SHOWS AND RELATED PUBLICATIONS THAT WERE PRODUCED, THE FOUNDATION INCREASED THE AMOUNT OF ART GIVEN TO MILAN'S TRIENNIAL MUSEUM AND TO THE CITY'S VENERABLE BRERA PICTURE GALLERY'S BRAIDENSE LIBRARY. AS A RESULT THERE WILL BE OVER TWO HUNDRED STEINBERG'S ARTWORKS AND STUDY COLLECTION RESOURCES HELD BY THESE TWO KEY MILAN ART MUSEUMS.
GALLERY SHOWS AND CONSIGNMENTS WERE ARRANGED WITH THE PACE GALLERY, THE DRAWING ROOM IN EASTHAMPTON, NY., AND THE PUCKER GALLERY IN BOSTON. DUE TO THE HEIGHTENED VISIBILITY OF STEINBERG'S WORK THROUGH SEVERAL OTHER SMALL SHOWS ORGANIZED BY MUSEUM RECIPIENTS OF GIFTS, AND POWERFULLY LED BY THE MAJOR POMPIDOU MUSEUM SHOW IN PARIS AND MILAN MUSEUM PROJECTS, THE GENERAL APPRECIATION AND KNOWLEDGE OF HIS STEINBERG'S ART HAS SIGNIFICANTLY RISEN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patterson Sims Managing Director | 25 | $91,945 | |
Prudence Crowther President | 2 | $0 | |
John Koegel Secretary/treasurer | 1 | $0 | |
James Abruzzo Director | 1 | $0 | |
Ian Frazier Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $118 |
Dividends & Interest | $22,103 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $115,953 |
Capital Gain Net Income | $115,953 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $27,522 |
Total Revenue | $165,696 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $91,945 |
Other employee salaries and wages | $77,355 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $18,626 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $46,125 |
Total operating and administrative expenses | $240,061 |
Contributions, gifts, grants paid | $7,475,800 |
Total expenses and disbursements | $7,715,861 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $262,445 |
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 | $1,219,470 |
Total assets | $2,326,445 |
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 |
Over the last fiscal year, Saul Steinberg Foundation has awarded $7,475,800 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
MILAN BIBLIOTECA BRAIDENSE PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. THE FOUNDATION IS IN COMPLIANCE WITH REVENUE PROC. 2017-53 AND NECESSARY DOCUMENTS ARE ON FILE. | $2,350,000 |
CENTRE POMPIDOU PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. THE FOUNDATION IS IN COMPLIANCE WITH REVENUE PROC. 2017-53 AND NECESSARY DOCUMENTS ARE ON FILE. | $1,644,500 |
OKLAHOMA STATE UNIVERSITY PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. | $866,500 |
NEW ORLEANS MUSEUM OF ART PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. | $717,000 |
WILLIAMS COLLEGE MUSEUM OF ART PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. | $575,000 |
RISD MUSEUM PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. | $359,000 |
Over the last fiscal year, we have identified 1 grants that Saul Steinberg Foundation has recieved totaling $100.
Awarding Organization | Amount |
---|---|
Stanley M & Luella G Goldberg Family Foundation Minneapolis, MN PURPOSE: GENERAL FUNDING. | $100 |
Organization Name | Assets | Revenue |
---|---|---|
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |