Holt-Smithson Foundation
- Assets
- $35.3m
- Revenue
- $1.0m
- Investments
- $149.7k
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-3803803
Organization Overview
Holt-Smithson Foundation is located in Santa Fe, NM. The organization was established in 2016. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Holt-Smithson Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Holt-Smithson Foundation has awarded 19 individual grants totaling $575,840. 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
NANCY HOLT AND ROBERT SMITHSON TRANSFORMED THE WORLD OF ART AND IDEAS. HOLT/SMITHSON FOUNDATION DEVELOPS THEIR DISTINCTIVE CREATIVE LEGACIES. HOLT AND SMITHSON RECALIBRATED THE LIMITS OF ART, CHANGING WHAT ART CAN BE AND WHERE ART CAN BE FOUND. THEIR ART, WRITINGS, AND IDEAS BUILT THE GROUND FROM WHICH CONTEMPORARY ART HAS GROWN. OUR AMBITION IS TO BECOME THE HUB OF ALL THINGS HOLT AND SMITHSON. COLLABORATING WITH ARTISTS, WRITERS, THINKERS, AND INSTITUTIONS WE REALIZE EXHIBITIONS, PUBLISH BOOKS, INITIATE ARTIST COMMISSIONS, PROGRAM EDUCATIONAL EVENTS, ENCOURAGE RESEARCH, AND DEVELOP COLLECTIONS GLOBALLY FROM OUR HEADQUARTERS IN NEW MEXICO. HOLT/SMITHSON FOUNDATION WAS WILLED INTO BEING BY NANCY HOLT IN 2014. WE PLAN TO TERMINATE IN 2038, A CENTURY AFTER NANCY HOLT (1938-2014) AND ROBERT SMITHSON (1938-1973) WERE BORN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Le Feuvre Executive Di | 45 | $185,726 | |
Brenda M Folstad CPA CFO | 33 | $124,076 | |
Natalie Rae Good Collection M | 38 | $65,436 | |
William T Carson Program Mana | 34 | $59,787 | |
Diane Karp President | 2 | $0 | |
Danielle Amato-Milligan Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,164,253 |
| Interest on Savings | $435 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$198,855 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $73,418 |
| Total Revenue | $1,039,251 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $309,802 |
| Other employee salaries and wages | $170,817 |
| Pension plans, employee benefits | $65,063 |
| Interest | $0 |
| Taxes | $316 |
| Depreciation | $1,083 |
| Occupancy | $124,648 |
| Travel, conferences, and meetings | $74,955 |
| Printing and publications | $0 |
| Other expenses | $148,807 |
| Total operating and administrative expenses | $1,037,464 |
| Contributions, gifts, grants paid | $14,635 |
| Total expenses and disbursements | $1,052,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,272 |
| Savings and temporary cash investments | $1,160,745 |
| Net Accounts receivable | $397,227 |
| 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 | $26,990 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $76,174 |
| Other assets | $33,425,582 |
| Total assets | $35,327,720 |
| Accounts payable and accrued expenses | $82,154 |
| Grants payable | $34,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $16,625 |
| Total liabilities | $133,279 |
Grants Awarded
Over the last fiscal year, Holt-Smithson Foundation has awarded $22,895 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHIVES OF AMERICAN ART PURPOSE: DONATED ARCHIVE MATERIAL | $14,535 |
LAND ART CONTEMPORARY PURPOSE: ARTWORK SUSTAINABILITY GRANT | $6,400 |
UNIV OF MASSACHUSETTS-DARTMOUTH PURPOSE: ARTWORK:SAMUEL HOLT, HOLTS HOPE | $1,200 |
Los Angeles, CA PURPOSE: GENERAL OPERATIONS | $660 |
YOUTH SHELTERS AND FAMILY SERVICES PURPOSE: GENERAL OPERATIONS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Public Media Foundation Houston, TX | $3,722,035 | $15,443,011 |
Dallas Symphony Foundation Dallas, TX | $145,117,113 | $12,980,267 |
Fort Worth Art Association Endowment Foundation Fort Worth, TX | $167,745,649 | $12,496,724 |
Oklahoma City National Memorial Foundation Oklahoma City, OK | $43,932,179 | $4,892,726 |
The Hobby Center Foundation Houston, TX | $78,248,185 | $8,249,942 |
Friends Of Public Radio Arizona Tempe, AZ | $7,510,291 | $7,440,783 |
Denver Art Museum Foundation Denver, CO | $207,954,853 | $33,249,188 |
Friends Of Oeta Inc Oklahoma City, OK | $52,803,812 | $14,188,991 |
Admiral Nimitz Foundation Fredericksburg, TX | $24,328,747 | $7,231,861 |
Museum Of New Mexico Foundation Santa Fe, NM | $51,964,866 | $8,605,972 |
Dmns Foundation Denver, CO | $168,202,725 | $31,941,607 |
Houston Symphony Endowment Houston, TX | $87,456,110 | $3,071,634 |