Wayne Thiebaud Foundation is located in Sacramento, CA. The organization was established in 2013. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Wayne Thiebaud 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 12/2022, Wayne Thiebaud Foundation generated $403.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Wayne Thiebaud Foundation has awarded 72 individual grants totaling $16,554,845. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES RELATED TO THE CHARITABLE, HISTORICAL, SCHOLARLY OR EDUCATIONAL PURPOSE OF PROMOTING THE ART AND LEGACY OF AMERICAN ARTIST WAYNE THIEBAUD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Bult President Thru 11/26/2022 | 28 | $160,417 | |
Matt Bult Chairman As Of 11/27/2022 | 1 | $0 | |
Alex Bult President As Of 11/27/2022 | 28 | $0 | |
Maria Bult Secretary/treasurer | 15 | $0 | |
Michael Wyman Board Member | 0.25 | $0 | |
John Madden Board Member | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $356,734 |
Interest on Savings | $0 |
Dividends & Interest | $1 |
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 | $46,542 |
Total Revenue | $403,277 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $160,417 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $22,009 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $140,287 |
Total operating and administrative expenses | $350,312 |
Contributions, gifts, grants paid | $4,860,000 |
Total expenses and disbursements | $5,210,312 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,003,604 |
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 | $124,692,842 |
Total assets | $130,696,446 |
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, Wayne Thiebaud Foundation has awarded $4,860,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
SACRAMENTO HISTORICAL SOCIETY PURPOSE: CASH DONATION TO HELP IN THE ADVANCEMENT OF ART EDUCATION AND AWARENESS. | $10,000 |
CROCKER ART MUSEUM PURPOSE: ART DONATION TO HELP IN THE ADVANCEMENT OF ART EDUCATION AND AWARENESS. | $4,500,000 |
SAN FRANCISCO MUSEUM OF MODERN ART PURPOSE: ART DONATION TO HELP IN THE ADVANCEMENT OF ART EDUCATION AND AWARENESS. | $350,000 |