Robert Rauschenberg Foundation
- Assets
- $498.8m
- Revenue
- $26.5m
- Investments
- $411.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2014
- Data as of
- 05/2022
- EIN
- 65-0200989
Organization Overview
Robert Rauschenberg Foundation is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (A90) the organization is classified as: Arts Services, 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. Robert Rauschenberg 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 05/2022, Robert Rauschenberg Foundation generated $26.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $11.3m during the year ending 05/2022. While expenses have increased by 8.0% per year over the past 4 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.
Since 2019, Robert Rauschenberg Foundation has awarded 495 individual grants totaling $23,496,053. 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
PHILANTHROPY PROGRAM: ROBERT RAUSCHENBERG FOUNDATION PRIMARILY SUPPORTS SMALL TO MIDSIZE ARTS AND SOCIALLY ENGAGED ORGANIZATIONS THAT ARE CONTRARIAN AND EXPERIMENTAL, EVEN COURAGEOUS, IN DRIVING TOWARDS EQUITY. IN ADDITION, THE FOUNDATION AMPLIFIES THE CREATIVE LIFE OF ARTISTS AND SCHOLARS ACROSS DISCIPLINES THROUGH RESIDENCIES, COMMISSIONS, AND ACCESSIBLE PUBLIC PLATFORMS. FINALLY, THE FOUNDATION SUPPORTS RESEARCH, EXHIBITIONS, PUBLICATIONS, ACADEMIC PARTNERSHIPS, AND SPECIAL PROJECTS ACROSS THE GLOBE THAT PROMOTE THE LEGACY OF ROBERT RAUSCHENBERG'S JOYFUL AND IRREVERENT APPROACH TO MAKING WORK WHILE LIVING AN EMPATHETIC AND MEANINGFUL LIFE.
CURATORIAL & RESEARCH PROGRAM: THE CURATORIAL & RESEARCH PROGRAM ENGAGES WITH AN INTERNATIONAL ROSTER OF MUSEUMS, SCHOLARS, PUBLISHERS, AND OTHERS SEEKING KNOWLEDGE AND UNDERSTANDING OF ROBERT RAUSCHENBERG'S LIFE AND ART AND IS IN THE EARLY STAGES OF DEVELOPING THE AUTHORITATIVE CATALOGUE RAISONNE. RESOURCES, INCLUDING 4 ANNUAL RESEARCH-FOCUSED EXHIBITIONS, ARE MADE AVAILABLE FOR STUDY BY STUDENTS, SCHOLARS, ARTISTS, AND CURATORS. THE CURATORIAL & RESEARCH PROGRAM COLLABORATES WITH GRADUATE ART HISTORY AND ART CONSERVATION PROGRAMS PROVIDING ONGOING EDUCATIONAL OPPORTUNITIES FOR GRADUATE STUDENTS AND ALLOWING FOR HANDS-ON EXPERIENCE WITH RAUSCHENBERG'S WORK AND LEGACY AS AN EXTENSION OF THEIR ACADEMIC CURRICULUM. THE PROGRAM PARTNERS WITH GRADUATE STUDENTS IN ORGANIZING EXHIBITIONS. THE DEPARTMENT OFFERS PAID INTERNSHIPS TO COLLEGE AND GRADUATE STUDENTS.
RESIDENCIES PROGRAMS: ROBERT RAUSCHENBERG'S 20 ACRE ESTATE ON CAPTIVA ISLAND, FLORIDA, HIS HOME AND STUDIO FOR 40 YEARS, HAS BEEN TRANSFORMED INTO A CREATIVE CENTER THAT WELCOMES ARTISTS FROM AROUND THE WORLD. THERE ARE NOW 67 ONE MONTH LONG RESIDENCIES ANNUALLY THAT SERVE + 70 ARTISTS, AND OTHER CREATIVE INDIVIDUALS OF EXCEPTIONAL TALENT AND PROMISE, FROM A DIVERSE MIX OF DISCIPLINES, BACKGROUNDS, AGES, AND CAREER LEVELS WHICH ARE SELECTED BY AN ANONYMOUS PANEL OF ART PROFESSIONALS. THE RESIDENCY PROGRAM ADVANCES NEW WORK, EXTENDS PRACTICES INTO NEW MEDIUMS, AND SERVES AS A RESEARCH AND DEVELOPMENT LAB FOR PERFORMANCE BASED PROJECTS. IN 2019 A RESIDENCY PROGRAM WAS ESTABLISHED AT THE FOUNDATION'S HEADQUARTERS IN NYC PROVIDING WORKONLY SPACE FOR 13 ARTISTS PER YEAR, INTEGRATING THE ARTISTS INTO THE ACTIVITIES OF THE FOUNDATION AND EXPOSING THEM TO THE LEGACY OF ROBERT RAUSCHENBERG AND HIS WORK.
ARCHIVE PROGRAM: THE ARCHIVES RESEARCH RESIDENCY SUPPORTS CONTINUED SCHOLARLY AND INVESTIGATIVE USE OF THE RAUSCHENBERG ARCHIVE MATERIALS BY SUPPORTING INDIVIDUALS THAT DEMONSTRATE A COMPELLING NEED TO USE THE ARCHIVES AND ADDRESSING FINANCIAL BARRIERS THAT MAY PROHIBIT ONSITE ACCESS TO THESE ARCHIVES. IN ADDITION, THE APPLICATION IS OPEN TO ALL INDIVIDUALS, THEREBY ENCOURAGING RESEARCH OPPORTUNITIES THAT MOVE BEYOND TRADITIONAL ART HISTORICAL DISCOURSE. MOREOVER, IN ADDITION TO THE ARCHIVES RESEARCH RESIDENCY, THE ARCHIVE PROGRAM SUPPORTS VARIOUS ARCHIVE RELATED RESEARCH AND SCHOLARSHIP INITIATIVES WHICH INCLUDE GRADUATE AND POSTGRADUATE CLASSWORK, NATIONAL AND INTERNATIONAL EXHIBITIONS, PUBLICATIONS, AND ARCHIVE INTERNSHIPS. THROUGH ITS PROGRAMS AND INDEPENDENT REQUESTS, IN 2023, THE ARCHIVES HOSTED 161 RESEARCH VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Straus Chair | 1 | $0 | |
Gregory M Avis Treasurer Through 5/2023 | 1 | $0 | |
Christopher Rauschenberg President | 1 | $0 | |
Sharon Ullman Deputy Director Through March 2023 | 40 | $1,139,572 | |
Kathy Halbreich Executive Director Through 5/2023 | 40 | $642,134 | |
Elizabeth Glassman Secretary Through 5/2023 | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Oc Construction Management | 5/30/23 | $1,586,978 |
Kokolakis Contracting Inc | 5/30/23 | $6,747,130 |
Rs Walsh Landscaping Inc | 5/30/23 | $384,100 |
Sc Cs Llc | 5/30/23 | $323,489 |
Claire Weisz Architects Llp | 5/30/23 | $803,838 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,068,877 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,316,097 |
| Capital Gain Net Income | $3,316,097 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $19,157,098 |
| Total Revenue | $26,542,072 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,049,951 |
| Other employee salaries and wages | $1,789,307 |
| Pension plans, employee benefits | $604,703 |
| Interest | $0 |
| Taxes | $204,690 |
| Depreciation | $531,013 |
| Occupancy | $457,491 |
| Travel, conferences, and meetings | $70,348 |
| Printing and publications | $19,041 |
| Other expenses | $1,629,298 |
| Total operating and administrative expenses | $7,552,637 |
| Contributions, gifts, grants paid | $3,756,719 |
| Total expenses and disbursements | $11,309,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $378,654 |
| Savings and temporary cash investments | $665,833 |
| Net Accounts receivable | $615,294 |
| 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 | $68,976 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $411,238,551 |
| Net Land, buildings, and equipment | $50,897,855 |
| Other assets | $34,920,843 |
| Total assets | $498,786,006 |
| Accounts payable and accrued expenses | $1,947,429 |
| Grants payable | $1,620,542 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $6,414,979 |
| Other liabilities | $120,978 |
| Total liabilities | $10,103,928 |
Grants Awarded
Over the last fiscal year, Robert Rauschenberg Foundation has awarded $5,183,850 in support to 118 organizations.
| Grant Recipient | Amount |
|---|---|
ACTIVE CITIZEN PROJECT INC PURPOSE: BOARD DISCRETIONARY GRANT - GENERAL OPERATING SUPPORT | $2,500 |
ALI FORNEY CENTER PURPOSE: BOARD DISCRETIONARY GRANT - GENERAL OPERATING SUPPORT | $5,000 |
ART RESOURCES TRANSFER PURPOSE: ARTISTS COUNCIL - SUPPORT OF A.R.T. PRESS | $18,000 |
ART RESOURCES TRANSFER PURPOSE: ARTISTS COUNCIL - SUPPORT OF A.R.T. PRESS | $2,000 |
ARTADIA PURPOSE: BOARD DISCRETIONARY GRANT - FISCAL SPONSOR OF N. DASH | $10,000 |
ARTISTS SPACE INC PURPOSE: BOARD DISCRETIONARY GRANT - GENERAL OPERATING SUPPORT | $90,000 |