Judd Foundation is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Judd Foundation employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Judd 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 06/2022, Judd Foundation generated $14.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $5.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS DEDICATED TO PRESERVING, AND MAKING ACCESSIBLE, DONALD JUDD'S INSTALLED SPACES, AND PROMOTING A WIDER UNDERSTANDING OF HIS ARTISTIC LEGACY.
Describe the Organization's Program Activity:
THE FOUNDATION'S MISSION IS TO MAINTAIN AND PRESERVE DONALD JUDD'S PERMANENTLY INSTALLED LIVING AND WORKING SPACES, LIBRARIES, AND ARCHIVES IN NEW YORK AND MARFA, TEXAS. THE FOUNDATION PROMOTES A WIDER UNDERSTANDING OF JUDD'S ARTISTIC LEGACY BY PROVIDING ACCESS TO THESE SPACES AND RESOURCES AND BY DEVELOPING SCHOLARLY AND EDUCATIONAL PROGRAMS.OVERALL, JUDD FOUNDATION PRESERVES AND MAINTAINS TWENTY-TWO BUILDINGS, INCLUDING OVER 50,000 SQ. FT. OF JUDD'S PERMANENTLY INSTALLED SPACES IN MARFA AND NEW YORK. SPACES: 101 SPRING STREET, THE FIRST BUILDING OWNED BY DONALD JUDD, SERVED AS HIS NEW YORK RESIDENCE AND STUDIO. 101 SPRING STREET IS WHERE JUDD FIRST DEVELOPED HIS CONCEPT OF THE PERMANENT INSTALLATION OF HIS WORK AND THE WORK OF OTHER ARTISTS. IN MARFA, THE FOUNDATION MAINTAINS TWENTY-ONE BUILDINGS, INCLUDING SEVEN PERMANENTLY INSTALLED LIVING AND WORKING SPACES: THE ART STUDIO; ARCHITECTURE STUDIO; ARCHITECTURE OFFICE; RANCH OFFICE; THE COBB HOUSE AND WHYTE BUILDING; AND LA MANSANA DE CHINATI/THE BLOCK. THE FOUNDATION MAKES THESE SPACES ACCESSIBLE TO THE PUBLIC THROUGH DAILY GUIDED VISITS AND SPECIAL PROGRAMS. THE FOUNDATION ALSO MAINTAINS JUDD'S RANCH, AYALA DE CHINATI, WHICH INCLUDES THREE RANCH HOUSES STEWARDED BY THE FOUNDATION UNDER A CONSERVATION EASEMENT. RESTORATION: IN 2022, THE FOUNDATION CONTINUED ITS MAJOR RESTORATION PROGRAM IN MARFA. THE MARFA RESTORATION PLAN AIMS TO RESTORE AND OPEN INSTALLED SPACES, CREATE ENHANCED PUBLIC PROGRAM SPACE, AND COMPLETE JUDD'S INTENTIONS FOR HIS LIVING AND WORKING SPACES HE WAS UNABLE TO COMPLETE IN HIS LIFETIME. GUIDED VISITS: JUDD FOUNDATION'S PRIMARY PROGRAM IS ITS GUIDED VISIT PROGRAM. IN NEW YORK, LED BY ARTIST GUIDES, THE VISITS FOCUS ON PUBLIC ACCESS TO 101 SPRING STREET AND OFFERS VISITOR'S DIRECT ENGAGEMENT WITH DONALD JUDD'S ART, DESIGN, AND ARCHITECTURE. THE VISIT PROGRAM ALSO INCLUDES FREE VISITS FOR NEW YORK BASED ARTISTS AND HIGH SCHOOL STUDENTS, AS WELL AS DISCOUNTED TICKETS TO SENIORS AND COLLEGE STUDENTS. GUIDED VISITS OF 101 SPRING STREET ARE AVAILABLE FROM TUESDAY THROUGH SATURDAY. TYPICALLY, OVER 7,500 VISIT 101 SPRING STREET EACH YEAR. IN MARFA, THE GUIDED VISIT PROGRAM OFFERS TWO DISTINCT VISITS OF JUDD'S INSTALLED SPACES, THE BLOCK VISIT AND THE STUDIOS VISIT, SIX DAYS A WEEK. THE BLOCK VISITS PROVIDE ACCESS TO JUDD'S RESIDENCE AND STUDIO IN MARFA, THE SITE OF SOME OF HIS FIRST LARGE-SCALE ARCHITECTURAL PROJECTS. THE STUDIOS VISITS PROVIDE ACCESS TO JUDD'S ARCHITECTURE STUDIO, ART STUDIO, AND THE COBB HOUSE AND WHYTE BUILDINGS. JUDD FOUNDATION PROVIDES FREE VISITS TO THE MARFA SPACES FOR RESIDENTS OF THE LOCAL TRI-COUNTY AREA, IN ADDITION TO DISCOUNTED TICKETS FOR SENIORS AND COLLEGE STUDENTS. TYPICALLY, OVER 10,000 VISIT JUDD FOUNDATION IN MARFA EACH YEAR. EXHIBITIONS: JUDD FOUNDATION PRESENTS EXHIBITIONS ON THE GROUND FLOOR OF 101 SPRING STREET IN NEW YORK. IN 2022, THE WORKS OF FELIX GONZALEZ-TORRES AND DAVID NOVROS WERE EXHIBITED. THE EXHIBITIONS ARE FREE AND OPEN TO THE PUBLIC THURSDAYS THROUGH SATURDAYS. IN SUPPORT OF INDIVIDUAL EXHIBITIONS AND PROGRAMMING, THE FOUNDATION PRESENTS LECTURES AND TALKS BOTH IN NEW YORK AND MARFA. EXHIBITION SUPPORT: IN ADDITION TO PRESENTING ITS OWN PROGRAMS, THE FOUNDATION SUPPORTS NATIONAL AND INTERNATIONAL INSTITUTIONS IN THEIR PRESENTATION OF DONALD JUDD WORKS. THE FOUNDATION LENDS ARTWORK TO EXHIBITIONS, PROVIDES ACCESS TO ARCHIVAL MATERIALS FOR RESEARCH AND PRESENTATION, AND PROVIDES EXPERT KNOWLEDGE OF JUDD'S PRACTICE. ONLINE RESOURCES AND PROGRAMMING: THE FOUNDATION'S WEBSITE, JUDDFOUNDATION.ORG, IS OPERATED BY THE FOUNDATION AS A RESOURCE FOR DONALD JUDD RESEARCH AND EDUCATION. IN 2022, THE FOUNDATION CREATED NEW ONLINE EDUCATIONAL TOOLS; MOST SIGNIFICANTLY, THE DONALD JUDD CHRONOLOGY 1928-1994.ARCHIVES: THE JUDD FOUNDATION ARCHIVES CONTAINS RICH VISUAL AND TEXTUAL DOCUMENTATION OF DONALD JUDD'S LIFE AND WORK. THE ARCHIVES INCLUDE PUBLISHED AND UNPUBLISHED WRITINGS, CORRESPONDENCE, PHOTOGRAPHS, MOVING IMAGE MATERIAL, DRAWINGS, MUSEUM, GALLERY AND EXHIBITION FILES, FABRICATOR FILES, EXHIBITION EPHEMERA, AND PUBLICATIONS. THE FOUNDATION IS COMMITTED TO PRESERVING AND PROVIDING ACCESS TO THESE MATERIALS AND SUPPORTING RESEARCH BY MUSEUM PROFESSIONALS AND INDEPENDENT SCHOLARS. PUBLICATIONS: JUDD FOUNDATION CONTRIBUTES TO THE UNDERSTANDING OF ALL ASPECTS OF JUDD'S PRACTICE IN MAKING HIS SUBSTANTIAL BODY OF WRITING ACCESSIBLE THROUGH PUBLICATIONS. SINCE 2016, JUDD FOUNDATION HAS CO-PUBLISHED FIVE BOOKS DETAILING THE LEGACY OF DONALD JUDD INCLUDING DONALD JUDD WRITINGS, THE MOST COMPREHENSIVE COLLECTION OF JUDD'S WRITINGS SPANNING FROM 1958 TO 1993. THE FOUNDATION'S PUBLICATION PROGRAM IS ONGOING. JUDD FOUNDATION ALSO PROVIDES RESEARCH SUPPORT TO EXTERNAL SCHOLARLY AND INSTITUTIONAL PUBLICATIONS AND FACILITATES USE OF COPYRIGHTED WRITINGS AND IMAGES. CATALOGUE RAISONNE: JUDD FOUNDATION IS UNDERTAKING THE RESEARCH FOR A DONALD JUDD CATALOGUE RAISONNE. THE RESEARCH WILL CULMINATE IN THE PUBLICATION OF AN UPDATED AND EXPANDED CATALOGUE RAISONNE THAT WILL BE A PRIMARY SOURCE FOR JUDD SCHOLARSHIP. THE FOUNDATION SEEKS TO BUILD ON ARCHIVAL RESEARCH BY ENGAGING COLLECTORS, GALLERIES, AND INSTITUTIONS IN THE EXPANSION OF KNOWLEDGE ABOUT JUDD'S BODY OF WORK. MARFA COMMUNITY PROGRAMS: IN MARFA, JUDD FOUNDATION CONDUCTS A SERIES OF ANNUAL PROGRAMS WHICH FOCUS ON ITS LOCAL AUDIENCE. THESE INCLUDE CASA PEREZ RANCH DAY, THE STAR PARTY AT THE BLOCK, OPEN HOURS VIEWING OF THE FOUNDATION'S SPACES IN MARFA. THESE EVENTS ARE FREE AND OPEN TO THE PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fairfax Dorn Chair | OfficerTrustee | 2 | $0 |
Rainer Judd President | OfficerTrustee | 40 | $271,352 |
Flavin Judd Artistic Director | OfficerTrustee | 40 | $273,139 |
Robert Beyer Treasurer | OfficerTrustee | 2 | $0 |
Carl Ryan Secretary | OfficerTrustee | 2 | $0 |
Jenny Dixon Director (to Dec. 2021) | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Method Building Company Construction Services | 6/29/22 | $590,009 |
Schaum Shieh Architects Architecture Services | 6/29/22 | $317,283 |
Cotton Commercial Usa Inc Construction Services | 6/29/22 | $226,800 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $14,500 |
All other contributions, gifts, grants, and similar amounts not included above | $495,023 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $509,523 |
Total Program Service Revenue | $284,760 |
Investment income | $162,429 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $26,772 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $13,312,751 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $140,131 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,659,896 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $892,623 |
Compensation of current officers, directors, key employees. | $315,417 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,335,886 |
Pension plan accruals and contributions | $34,799 |
Other employee benefits | $235,977 |
Payroll taxes | $260,210 |
Fees for services: Management | $0 |
Fees for services: Legal | $55,467 |
Fees for services: Accounting | $66,392 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $290,888 |
Fees for services: Other | $134,303 |
Advertising and promotion | $4,566 |
Office expenses | $159,000 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $268,808 |
Travel | $95,683 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $861,683 |
Insurance | $158,025 |
All other expenses | $49,117 |
Total functional expenses | $5,720,923 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,695,780 |
Savings and temporary cash investments | $218 |
Pledges and grants receivable | $159,757 |
Accounts receivable, net | $57,764 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $586,455 |
Prepaid expenses and deferred charges | $164,603 |
Net Land, buildings, and equipment | $28,430,484 |
Investments—publicly traded securities | $7,669,507 |
Investments—other securities | $60,180,124 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,404 |
Total assets | $111,956,096 |
Accounts payable and accrued expenses | $144,795 |
Grants payable | $0 |
Deferred revenue | $236,833 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $381,628 |
Net assets without donor restrictions | $109,659,154 |
Net assets with donor restrictions | $1,915,314 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $111,956,096 |