Artnow Fondation is located in San Francisco, CA. The organization was established in 2011. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations.
For the year ending 12/2019, Artnow Fondation generated $214.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (55.3%) each year. All expenses for the organization totaled $12.3m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2019 ARTNOW FONDATION WAS WOUND DOWN AND TRANSFERRED ITS NETS ASSETS TO RELATED CHARITABLE ORGANIZATIONS, INCLUDING ITS REAL PROPERTY, PLEDGE/NOTE RECEIVABLE AND INVESTMENTS TO ITS NEWLY FORMED SUCCESSOR "AKAT," A FRENCH FONDS DE DOTATION AND ITS SISTER ORGANIZATION.
COSTS AND FEES RELATED TO FIRST CHARITABLE ACTIVITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vincent Worms Chair | 0 | $0 | |
Reto Hunsperger Counsel | 0 | $0 | |
Sandra Terdjman Counsel | 0 | $0 | |
Jeremy Lewiston Counsel | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $133,030 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $81,128 |
Total Revenue | $214,158 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $21,280 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $74,591 |
Total operating and administrative expenses | $95,871 |
Contributions, gifts, grants paid | $12,247,803 |
Total expenses and disbursements | $12,343,674 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
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, Artnow Fondation has awarded $9,012 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
PLATFORM1 AND KUNSTHALLE ZURICH PURPOSE: ART GRANT | $6,012 |
FOTOMUSEUM WINTERTHUR PURPOSE: ART GRANT | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Artnow Fondation San Francisco, CA | $0 | $214,158 |
Lazy Mf Trust Irvine, CA | $2,742,949 | $392,168 |
Thru Guidance Ministries Los Angeles, CA | $2,841,551 | $7,857,035 |
Inner-City Arts Los Angeles, CA | $18,610,203 | $5,566,146 |
House Of Blues Music Forward Foundation Beverly Hills, CA | $3,094,278 | $3,522,048 |
School Of Arts And Culture At Mhp San Jose, CA | $8,721,548 | $4,861,362 |
Wayne Thiebaud Foundation Sacramento, CA | $135,503,481 | $2,669,000 |
California Jazz Conservatory Inc Berkeley, CA | $7,248,479 | $2,565,384 |
Arts For Healing And Justice Network Long Beach, CA | $3,982,925 | $3,271,300 |
Youth Music Project West Linn, OR | $1,663,643 | $2,050,654 |
Djerassi Resident Artists Program Woodside, CA | $5,870,903 | $1,216,127 |
Ecole Claire Fontaine Venice, CA | $713,103 | $1,915,920 |