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 5 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $11.3m during the year ending 05/2022. While expenses have increased by 3.6% per year over the past 5 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 465 individual grants totaling $22,483,703. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
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 RAISONN. 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 ON-GOING 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 PROVIDES ONGOING INTERNSHIPS AND ALSO PARTNERS WITH GRADUATE STUDENTS IN ORGANIZING EXHIBITIONS.
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.
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 6-7 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 WORK-ONLY SPACE FOR 1-3 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. IN ADDITION TO THE ARCHIVES RESEARCH RESIDENCY, THE ARCHIVE PROGRAM SUPPORTS VARIOUS ARCHIVE RELATED RESEARCH AND SCHOLARSHIP INITIATIVES WHICH INCLUDE GRADUATE AND POST-GRADUATE CLASSWORK, NATIONAL AND INTERNATIONAL EXHIBITIONS, PUBLICATIONS AND ARCHIVE INTERNSHIPS. THROUGH ITS PROGRAMS AND INDEPENDENT REQUESTS, IN 2018 THE ARCHIVES HOSTED 81 RESEARCH VISITS.DUE TO COVID AND THE CONSTRUCTION MENTIONED ABOVE, THE ARCHIVE RESEARCH HAD A DELAYED RETURN BUT STARTED AGAIN IN DECEMBER 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Halbreich Executive Director | 40 | $628,193 | |
Sharon Ullman Deputy Director | 40 | $420,753 | |
Julia Anne Blaut Director Of Curatori | 40 | $203,653 | |
Francine Synder Director Of Archives | 40 | $192,313 | |
David White Senior Curator | 40 | $184,483 | |
Thomas Killian Roach Head Of Art Services | 40 | $168,412 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kokolakis Contracting Inc | 5/30/22 | $3,519,464 |
Claire Weisz Architects Llp | 5/30/22 | $1,223,520 |
Oc Construction Management | 5/30/22 | $1,110,675 |
Sc Cs | 5/30/22 | $410,510 |
Blackrock Financial Management | 5/30/22 | $377,609 |
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 $4,980,150 in support to 110 organizations.
| Grant Recipient | Amount |
|---|---|
NYFA PURPOSE: RAUSCHENBERG EMERGENCY GRANTS JULY 1, 2021 - JUNE 30, 2022 | $1,008,000 |
NYFA PURPOSE: RAUSCHENBERG DANCER EMERGENCY GRANTS MAY 31, 2022 - MAY 31, 2023 | $406,000 |
NYFA PURPOSE: RAUSCHENBERG DANCER EMERGENCY GRANTS OCTOBER 8, 2021 - JUNE 30, 2022 | $327,000 |
Flagstaff, AZ PURPOSE: THREE YEAR GRANT FOR GENERAL OPERATING SUPPORT | $300,000 |
SHELTERWOOD COLLECTIVE PURPOSE: GRANT TO REPAIR AND UPGRADE CAMP INFRASTRUCTURE NOVEMBER 1, 2021 JUNE 30, 2022 | $240,000 |
Immokalee, FL PURPOSE: 5 YEAR GRANT IN SUPPORT OF GENERAL OPERATIONS, 5/31/19-5/31/24 | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Robert Rauschenberg Foundation has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
The Annenberg Foundation Conshohocken, PA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert Rauschenberg Foundation New York, NY | $498,786,006 | $26,542,072 |
Corporation Of Yaddo Saratoga Springs, NY | $58,580,101 | $4,491,706 |
Emerson Umbrella Inc Concord, MA | $32,547,256 | $2,816,448 |
The Elizabeth Foundation For The Arts New York, NY | $6,747,925 | $1,576,303 |
Kaatsbaan International Dance Center Inc Tivoli, NY | $2,917,016 | $1,601,121 |
Jane And Jack Fitzpatrick Tr Stockbridge, MA | $16,214,471 | $1,247,768 |
Association For Promotion Of Jewish Secularism Valley Stream, NY | $1,073,582 | $1,051,769 |
Volunteer Lawyers For The Arts Inc New York, NY | $1,760,254 | $1,417,543 |
Arts & Business Council Of Greater Boston Inc Boston, MA | $4,352,780 | $1,647,322 |
Womens Studio Workshop Inc Rosendale, NY | $1,606,567 | $544,946 |
New Brunswick Cultural Center Inc New Brunswick, NJ | $14,306,662 | $403,521 |
Smack Mellon Studios Inc Brooklyn, NY | $757,795 | $747,790 |