Visual Arts Foundation Inc

Organization Overview

Visual Arts Foundation Inc is located in New York, NY. The organization was established in 1968. According to its NTEE Classification (A90) the organization is classified as: Arts Services, 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. Visual Arts 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 12/2022, Visual Arts Foundation Inc generated $569.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $312.2k during the year ending 12/2022. While expenses have increased by 6.2% 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

A NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES SCHOLARSHIPS FOR DESERVING STUDENTS STUDYING ART

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS, GRANTS, AND AWARDS FOR DESERVING STUDENTS PURSUING COURSES IN THE FIELD OF ART.


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Board, Officers & Key Employees

Name (title)Compensation
David Rhodes
Director
$0
Dee Ito
Director
$0
Paul Davis
Director
$0
Patti Greaney
Director
$0
Bashan Aquart
Director
$0
Jeffrey Nesin
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$248,256
Noncash contributions included in lines 1a–1f $30,915
Total Revenue from Contributions, Gifts, Grants & Similar$248,256
Total Program Service Revenue$60,779
Investment income $177,333
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $83,163
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $569,531

Peer Organizations

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