The Richard Diebenkorn Foundation
- Assets
- $83.2m
- Revenue
- -$4.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-1517545
Organization Overview
The Richard Diebenkorn Foundation is located in Berkeley, CA. The organization was established in 2009. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Richard Diebenkorn 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, Richard Diebenkorn Foundation generated -$4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (54.0%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Richard Diebenkorn Foundation has awarded 19 individual grants totaling $461,130. 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
CATALOGUING AND MAINTAINING THE ARTISTIC WORKS OFRICHARD DIEBENKORN (AMERICAN, 1922-1993). THE ARTISTIC IMAGES ARE MADE AVAILABLE TO THIRD PARTIES FOR EDUCATIONAL PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea L Liguori Managing Director | 40 | $133,523 | |
Rakia Faber Collect Manager/regi | 40 | $116,160 | |
Katharine Fulton-Peebles Head Of Digital & Pu | 40 | $116,160 | |
Angela R Doctor Executive Administra | 40 | $116,160 | |
Michael Walker Image Resources Mana | 40 | $116,160 | |
Richard Grant Executive Director | 40 | $90,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brent Jones | 12/30/21 | $60,000 |
Kanopi Studios | 12/30/21 | $66,075 |
Anchin Block & Anchin Llp | 12/30/21 | $129,861 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $157,380 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$165,396 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,701 |
| Total Revenue | -$4,315 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $720,087 |
| Pension plans, employee benefits | $52,814 |
| Interest | $0 |
| Taxes | $63,070 |
| Depreciation | $19,463 |
| Occupancy | $113,660 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $182,138 |
| Total operating and administrative expenses | $1,452,884 |
| Contributions, gifts, grants paid | $3,500 |
| Total expenses and disbursements | $1,456,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $924,738 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $30,800 |
| 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 | $95,423 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,828 |
| Other assets | $82,178,818 |
| Total assets | $83,236,607 |
| Accounts payable and accrued expenses | $41,762 |
| 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 | $161,219 |
| Total liabilities | $202,981 |
Grants Awarded
Over the last fiscal year, The Richard Diebenkorn Foundation has awarded $3,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL PURPOSE | $2,500 |
New York, NY PURPOSE: GENERAL PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Society For The Promotion Of Japanese Animation Santa Ana, CA | $0 | $15,922,386 |
Haven Gallery Pomona, CA | $12,441,851 | $10,866,207 |
Yerba Buena Center For The Arts San Francisco, CA | $31,419,770 | $23,544,531 |
Festival Of Arts Of Laguna Beach Laguna Beach, CA | $11,626,110 | $10,814,120 |
Wallis Annenberg Center For The Performing Arts Beverly Hills, CA | $86,738,826 | $10,256,946 |
Maui Arts & Cultural Center Kahului, HI | $31,390,294 | $9,713,031 |
Immigration Institute Of The Bay Area San Francisco, CA | $7,526,224 | $6,922,510 |
Montalvo Association Saratoga, CA | $34,273,816 | $7,481,073 |
First Step Housing Sacramento, CA | $1,058,195 | $4,450,714 |
The Center For Cultural Innovation Los Angeles, CA | $15,572,704 | $5,971,325 |
Alliance For California Traditional Arts Fresno, CA | $2,645,027 | $4,730,784 |
Gray Area Foundation For The Arts San Francisco, CA | $1,951,369 | $4,455,887 |