Dia Center For The Arts Inc, operating under the name Dia Art Foundation, is located in New York, NY. The organization was established in 1974. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Dia Art Foundation employed 231 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dia Art 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 06/2023, Dia Art Foundation generated $37.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $20.2m during the year ending 06/2023. While expenses have increased by 1.0% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DIA ART FOUNDATION IS COMMITTED TO ADVANCE, REALIZE, AND PRESERVE THE VISION OF ARTISTS DIA'S NAME COMES FROM THE GREEK WORD "THROUGH," WHICH REFLECTS ITS ROLE AS A CONDUIT FOR VISIONARY ART PROJECTS. SINCE ITS FOUNDING IN 1974, DIA HAS COMMISSIONED, SUPPORTED, PRESENTED, AND PRESERVED EXCEPTIONAL ARTWORKS, AND FOSTERED LASTING RELATIONSHIPS WITH INDIVIDUAL ARTISTS. DISTINGUISHED BY ITS CONSTELLATION OF SITES, DIA ADVANCES THE EXPERIENCE, APPRECIATION, AND SCHOLARSHIP OF ART THROUGH IN-DEPTH, SINGLE-ARTIST EXHIBITIONS, PERFORMANCES, PUBLICATIONS, PUBLIC AND EDUCATIONAL PROGRAMS, AND THE MAINTENANCE OF PERMANENT SETTINGS OF WORKS OF ART.
Describe the Organization's Program Activity:
EXHIBITIONS AND LONG-TERM PROJECTS: DIA MAINTAINS 12 PERMANENT SITES AND LOCATIONS. DIA'S THREE LOCATIONS FOR PRESENTING CHANGING EXHIBITIONS ARE DIA BEACON IN BEACON, NY; DIA BRIDGEHAMPTON, IN BRIDGEHAMPTON, NY; AND DIA CHELSEA IN NEW YORK, NY. DIA'S LARGEST EXHIBITION FACILITY IS DIA BEACON, WHICH HOUSES 240,000 SQUARE-FEET OF EXHIBITION AND PUBLIC PROGRAM SPACE USED FOR PUBLIC VIEWING OF THE PERMANENT COLLECTION, TEMPORARY EXHIBITIONS, A BOOKSHOP AND CAFE. DIA BRIDGEHAMPTON AND DIA CHELSEA PRESENT SINGLE-ARTIST TEMPORARY EXHIBITIONS. DIA'S LONG-TERM, SITE-SPECIFIC PROJECTS ARE LOCATED ACROSS THE UNITED STATES AND INCLUDE: WALTER DE MARIA'S THE LIGHTNING FIELD (1977) LOCATED IN NEW MEXICO, ROBERT SMITHSON'S SPIRAL JETTY (1970) LOCATED IN THE GREAT SALT LAKE IN UTAH, NANCY HOLT'S SUN TUNNELS (1973-76) LOCATED IN THE GREAT BASIN DESERT IN UTAH, AND CAMERON ROWLAND'S DEPRECIATION (2018); TWO PERMANENT GALLERY INSTALLATIONS IN NEW YORK CITY BY WALTER DE MARIA, THE NEW YORK EARTH ROOM (1977) AND THE BROKEN KILOMETER (1979), AND THE DAN FLAVIN ART INSTITUTE LOCATED IN BRIDGEHAMPTON, NEW YORK. THESE INSTALLATIONS ARE FREE TO THE PUBLIC, WITH THE EXCEPTION OF THE LIGHTNING FIELD, FOR WHICH AN OVERNIGHT STAY IS REQUIRED. IN FISCAL YEAR 2023, DIA BEACON PRESENTED CONTINUED COLLECTION INSTALLATIONS AND INDIVIDUAL EXHIBITIONS OF LARRY BELL, MELVIN EDWARDS, CHARLES GAINES, JOAN JONAS, IMI KNOEBEL, MARIO MERZ, CHARLOTTE POSENENSKE, AND DOROTHEA ROCKBURNE, AND OPENED NEW LONG-TERM PRESENTATIONS OF STANLEY BROUWN, SENGA NENGUDI, ROBERT IRWIN, BLINKY PALERMO, LAWRENCE WEINER, AS WELL AS A PRESENTATION OF JACK WHITTEN PAINTINGS. DIA BRIDGEHAMPTON PRESENTED AN EXHIBITION OF WORK BY LESLIE HEWITT AND OPENED AN EXHIBITION OF NEW WORK BY TONY COKES. DIA CHELSEA PRESENTED A SITE-SPECIFIC COMMISSION BY CAMILLE NORMENT, FOLLOWED BY AN EXHIBITION BY CHRYSSA.
CURATORIAL RESEARCH, PRESS, MARKETING, PRINTED MATERIALS, IT SUPPORT
PUBLIC PROGRAMS AND EDUCATION: DIA OFFERS EDUCATIONAL AND PUBLIC PROGRAMS IN BEACON AND NEW YORK CITY AND EMPLOYS 30 EDUCATORS WHO DESIGN AND LEAD ORIGINAL PROGRAMS FOR WIDE-RANGING PUBLIC AUDIENCES. ACROSS ITS SITES BASED IN NEW YORK, DIA OFFERS A VARIETY OF HANDS-ON, ARTIST-LED, PUBLIC PROGRAMMING FOR ALL AGES; ARTIST-LED TOURS; PAID, YEAR-ROUND, ARTIST-LED PROGRAMMING FOR HIGH-SCHOOL AGED YOUTH (IN NYC, IN PARTNERSHIP WITH THE CITY'S DEPARTMENT OF YOUTH AND COMMUNITY DEVELOPMENT); AND PAID APPRENTICESHIP, FELLOWSHIP, AND INTERNSHIP PROGRAMS FOR YOUNG PEOPLE AGES 18-26. DIA CHELSEA, LOCATED IN NEW YORK CITY, HOSTS PUBLIC PROGRAMMING INCLUDING THE ARTISTS ON ARTISTS LECTURE SERIES; THE CONTEMPORARY POETRY SERIES POETRY &; AND ACTIVATIONS, AN OFF-SITE INTERGENERATIONAL STUDIO PROGRAM IN PARTNERSHIP WITH NYC'S DEPARTMENT OF RECREATION AND PARKS. DIA BEACON, LOCATED IN THE HUDSON VALLEY, HOSTS AN ANNUAL ARTS EDUCATION PROGRAM, AN ARTIST-IN-SCHOOLS PARTNERSHIP WITH EVERY SCHOOL IN THE BEACON CITY SCHOOL DISTRICT; FAMILY-FOCUSED PROGRAMMING INCLUDING PLAY SETS (IN-GALLERY LEARNING) AND SATURDAY STUDIO (HANDS-ON STUDIO WORKSHOPS); ARTIST-LED PROGRAMMING IN PARTNERSHIP WITH EVERGREEN MINDS, AN ORGANIZATION CENTERED ON PEOPLE WITH DEMENTIA AND THEIR CARE PARTNERS AS WELL AS ENVIRONMENTAL SUSTAINABILITY; SEASONAL DIATALKS; AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR LOCAL CLASSROOM EDUCATORS. IN RELATIONSHIP WITH ITS SITES IN THE AMERICAN WEST, DIA OFFERS FIELDWORK, A PROGRAM INVITING YOUNG PEOPLE PARTICIPATING IN DIA'S LONG-TERM YOUTH AND YOUNG ADULT INITIATIVES TO PROPOSE AND DEVELOP ORIGINAL PROJECTS THAT CRITICALLY ENGAGE WITH DIA'S SITES, MISSION, PROGRAM, AND ORGANIZATIONAL PARTNERS, AND THEIR RELATED ENVIRONMENTS AND COMMUNITIES. IN A TYPICAL PROGRAM YEAR, APPROXIMATELY 10,000 PEOPLE PARTICIPATE IN PUBLIC AND EDUCATIONAL PROGRAMMING AT DIA. ALL EDUCATIONAL PROGRAMMING IS OFFERED FREE OF CHARGE, AND FOR PROGRAMS SERVING YOUTH AND YOUNG ADULTS, TRANSPORTATION AND IN-PROGRAM MEALS ARE COVERED BY DIA. ADDITIONALLY, FREE ADMISSION IS OFFERED TO ALL AT DIA'S NEW YORK CITY LOCATIONS, WHILE CITIZENS OF BEACON AND ITS NEIGHBORING COMMUNITIES RECEIVE FREE ADMISSION TO DIA BEACON; RESIDENTS OF THE HUDSON VALLEY RECEIVE FREE ADMISSION TO DIA BEACON ON THE LAST SUNDAY OF EACH MONTH.
PUBLICATIONS: IN 2023, DIA PUBLISHED THE LPS CARL CRAIG: PARTY/AFTER-PARTY AND REMIX READY MIX (LP) BY DEANTONI PARKS AND LUCY RAVEN AS WELL AS THE BOOKS CAMILLE NORMENT: PLEXUS, CHRYSSA & NEW YORK, JACK WHITTEN: THE GREEK ALPHABET PAINTINGS, AND JOAN JONAS: NEXT MOVE IN A MIRROR WORLD.DIA'S PUBLICATION PROGRAM HAS PRODUCED OVER 75 VOLUMES INCLUDING MONOGRAPHS, ANTHOLOGIES, AND COLLECTIONS OF CRITICISM AND SCHOLARSHIP. THROUGH THESE PUBLICATIONS DIA HAS ESTABLISHED A TRADITION OF RIGOROUS SCHOLARSHIP AND STRIVES TO OFFER IN-DEPTH EXPLORATIONS OF ITS EXHIBITIONS, SITES, AND PERMANENT COLLECTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nathalie DE Gunzburg Chairman | OfficerTrustee | 1 | $0 |
Howard Rachofsky Treasurer | OfficerTrustee | 1 | $0 |
Charles B Wright Secretary | OfficerTrustee | 1 | $0 |
Isha Ambani Trustee | Trustee | 1 | $0 |
Christopher M Bass Trustee | Trustee | 1 | $0 |
Mark Booth Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Eurostruct Construction | 6/29/23 | $2,571,015 |
Trane Equipment Installation/repair | 6/29/23 | $2,312,216 |
Artisan Gardens Llc Landscaping | 6/29/23 | $494,713 |
Architecture Research Office Architect | 6/29/23 | $391,849 |
Studio Zewde Architect | 6/29/23 | $384,246 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,913,528 |
Related organizations | $0 |
Government grants | $69,500 |
All other contributions, gifts, grants, and similar amounts not included above | $28,100,552 |
Noncash contributions included in lines 1a–1f | $2,675,951 |
Total Revenue from Contributions, Gifts, Grants & Similar | $30,083,580 |
Total Program Service Revenue | $2,074,096 |
Investment income | $4,228,957 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $4,022 |
Net Rental Income | $1,314,111 |
Net Gain/Loss on Asset Sales | -$893,577 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $302,475 |
Miscellaneous Revenue | $0 |
Total Revenue | $37,212,649 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,713,695 |
Compensation of current officers, directors, key employees. | $422,582 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,656,111 |
Pension plan accruals and contributions | $219,562 |
Other employee benefits | $878,234 |
Payroll taxes | $654,198 |
Fees for services: Management | $0 |
Fees for services: Legal | $123,944 |
Fees for services: Accounting | $67,027 |
Fees for services: Lobbying | $42,200 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $343,434 |
Fees for services: Other | $838,352 |
Advertising and promotion | $92,858 |
Office expenses | $1,093,124 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,062,143 |
Travel | $758,134 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,016,061 |
Insurance | $445,580 |
All other expenses | $751,272 |
Total functional expenses | $20,191,928 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,192,718 |
Savings and temporary cash investments | $4,502,090 |
Pledges and grants receivable | $29,742,494 |
Accounts receivable, net | $98,097 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $198,406 |
Prepaid expenses and deferred charges | $3,647,346 |
Net Land, buildings, and equipment | $63,772,743 |
Investments—publicly traded securities | $101,187,126 |
Investments—other securities | $18,078,184 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,184,694 |
Total assets | $228,603,898 |
Accounts payable and accrued expenses | $2,056,713 |
Grants payable | $0 |
Deferred revenue | $471,747 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $643,599 |
Total liabilities | $3,172,059 |
Net assets without donor restrictions | $203,108,966 |
Net assets with donor restrictions | $22,322,873 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $228,603,898 |