Saul Steinberg Foundation
- Assets
- $4.3m
- Revenue
- $290.8k
- Investments
- $870.1k
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2000
- Data as of
- 03/2023
- EIN
- 13-4115047
Organization Overview
Saul Steinberg Foundation is located in New York, NY. The organization was established in 2000. 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. Saul Steinberg 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 03/2023, Saul Steinberg Foundation generated $290.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $4.0m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Saul Steinberg Foundation has awarded 52 individual grants totaling $18,481,050. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S MISSION IS TO FACILITATE THE STUDY AND APPRECIATION OF SAUL STEINBERG'S CONTRIBUTION TO 20TH-CENTURY ART. THROUGH THE DEVELOPMENT OF DATABASES, ARCHIVES, EXHIBITIONS, AND PUBLICATIONS, THE FOUNDATION SERVES AS A RESOURCE FOR THE INTERNATIONAL CURATORIAL-SCHOLARLY COMMUNITY AS WELL AS THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prudence Crowther President | 2 | $0 | |
Ian Frazier Vice President | 1 | $0 | |
John Koegel Secretary/treasurer | 1 | $0 | |
James Abruzzo Director | 1 | $0 | |
Patterson Sims Managing Director | 25 | $97,985 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,029 |
| Dividends & Interest | $29,675 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $181,976 |
| Capital Gain Net Income | $181,976 |
| Net ST Capital Gain | $0 |
| Income Modifications | $2,003 |
| Profit on Inventory Sales | $0 |
| Other Income | $77,086 |
| Total Revenue | $290,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $97,985 |
| Other employee salaries and wages | $83,316 |
| Pension plans, employee benefits | $12,609 |
| Interest | $0 |
| Taxes | $2,647 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $185 |
| Printing and publications | $0 |
| Other expenses | $45,264 |
| Total operating and administrative expenses | $278,135 |
| Contributions, gifts, grants paid | $3,722,050 |
| Total expenses and disbursements | $4,000,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $314,031 |
| 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 | $3,158,893 |
| Total assets | $4,343,049 |
| 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 |
Grants Awarded
Over the last fiscal year, Saul Steinberg Foundation has awarded $3,722,050 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ACKLAND ART MUSEUM PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. | $138,000 |
ALLEN MEMORIAL ART MUSEUM PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. | $172,000 |
ANCHORAGE MUSEUM PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. | $16,500 |
ARKANSAS MUSEUM OF FINE ARTS PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. | $333,500 |
ART INSTITUTE OF CHICAGO PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. | $270,000 |
BIBLIOTECA NAZIONALE BRAIDENSE PURPOSE: DONATION OF ARTWORK TO BE DISPLAYED. THE FOUNDATION IS IN COMPLIANCE WITH REVENUE PROC. 2017-53 AND NECESSARY DOCUMENTS ARE ON FILE. | $107,100 |