National Arts Program Foundation
- Assets
- $19.4m
- Revenue
- $720.3k
- Investments
- $11.4m
- Employees
- 0
- Location
- Malvern, PA
- Founding
- 07/1989
- Data as of
- 12/2021
- EIN
- 23-2272057
Organization Overview
National Arts Program Foundation is located in Malvern, PA. The organization was established in 1989. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. National Arts Program 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 12/2021, National Arts Program Foundation generated $720.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $549.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, National Arts Program Foundation has awarded 107 individual grants totaling $442,782. 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
THE NATIONAL ARTS PROGRAM SPONSORED PROGRAMS THROUGHOUT THE US TO ENCOURAGE THE CREATIVE TALENT IN VISUAL ARTS OF THE EMPLOYEES AND THEIR FAMILIES OF MUNICIPALITIES, COUNTRIES, & COMMERCIAL ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen C Jamieson President/chairman | 40 | $100,000 | |
Jacqueline J Szafara Executive Director | 40 | $63,226 | |
Silas Mountsier III Board Member | 1 | $0 | |
Roy C Carriker Board Member | 1 | $0 | |
Jill Mirkovic Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58 |
| Dividends & Interest | $231,805 |
| Net Rental Income | $46,054 |
| Net Gain on Sale of Assets | $358,668 |
| Capital Gain Net Income | $358,668 |
| Net ST Capital Gain | $6,687 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,515 |
| Total Revenue | $720,298 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $132,441 |
| Other employee salaries and wages | $58,479 |
| Pension plans, employee benefits | $23,567 |
| Interest | $0 |
| Taxes | $45,541 |
| Depreciation | $33,541 |
| Occupancy | $20,376 |
| Travel, conferences, and meetings | $793 |
| Printing and publications | $19,668 |
| Other expenses | $92,854 |
| Total operating and administrative expenses | $479,212 |
| Contributions, gifts, grants paid | $69,959 |
| Total expenses and disbursements | $549,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $445,201 |
| 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 | $944,311 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,410,203 |
| Net Land, buildings, and equipment | $149,600 |
| Other assets | $6,426,980 |
| Total assets | $19,376,295 |
| 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 | $22,860 |
| Total liabilities | $22,860 |
Grants Awarded
Over the last fiscal year, National Arts Program Foundation has awarded $69,959 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF SANTA ROSA FINLEY COMMUNITY CENTER PURPOSE: ART EXHIBITION & CONTEST AWARDS | $8,500 |
U OF MARYLAND MEDICAL CENTER PURPOSE: ART EXHIBITION & CONTEST AWARDS | $5,500 |
PARKER ARTISTS GUILD PURPOSE: ART EXHIBITION & CONTEST AWARDS | $4,450 |
MINNEAPOLIS-ST PAUL AIRPORT FOUNDATION PURPOSE: ART EXHIBITION & CONTEST AWARDS | $4,450 |
RENO-TAHOE AIRPORT AUTHORITY PURPOSE: ART EXHIBITION & CONTEST AWARDS | $4,450 |
VCU HEALTH ARTS IN HEALTHCARE PURPOSE: ART EXHIBITION & CONTEST AWARDS | $4,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Glenstone Foundation Potomac, MD | $0 | $596,667,510 |
The Andy Warhol Foundation For The Visual Arts Inc New York, NY | $375,628,094 | $51,526,373 |
Painting Industry Insurance Fund Strongsville, OH | $10,051,774 | $13,147,287 |
The American Ceramic Society Inc Westerville, OH | $14,880,081 | $7,163,335 |
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Museum Of Contemporary Art Cleveland Cleveland, OH | $27,997,238 | $2,174,653 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Glass City Academy Toledo, OH | $3,212,958 | $2,938,051 |