Wayne Thiebaud Foundation is located in Sacramento, CA. The organization was established in 2013. 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. Wayne Thiebaud 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 12/2022, Wayne Thiebaud Foundation generated $403.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Wayne Thiebaud Foundation has awarded 72 individual grants totaling $16,554,845. 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
ACTIVITIES RELATED TO THE CHARITABLE, HISTORICAL, SCHOLARLY OR EDUCATIONAL PURPOSE OF PROMOTING THE ART AND LEGACY OF AMERICAN ARTIST WAYNE THIEBAUD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Bult President Thru 11/26/2022 | 28 | $160,417 | |
Matt Bult Chairman As Of 11/27/2022 | 1 | $0 | |
Alex Bult President As Of 11/27/2022 | 28 | $0 | |
Maria Bult Secretary/treasurer | 15 | $0 | |
Michael Wyman Board Member | 0.25 | $0 | |
John Madden Board Member | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $356,734 |
| Interest on Savings | $0 |
| Dividends & Interest | $1 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $46,542 |
| Total Revenue | $403,277 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $160,417 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,009 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $140,287 |
| Total operating and administrative expenses | $350,312 |
| Contributions, gifts, grants paid | $4,860,000 |
| Total expenses and disbursements | $5,210,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,003,604 |
| Savings and temporary cash investments | $0 |
| 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 | $124,692,842 |
| Total assets | $130,696,446 |
| 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 |
Over the last fiscal year, Wayne Thiebaud Foundation has awarded $4,860,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SACRAMENTO HISTORICAL SOCIETY PURPOSE: CASH DONATION TO HELP IN THE ADVANCEMENT OF ART EDUCATION AND AWARENESS. | $10,000 |
CROCKER ART MUSEUM PURPOSE: ART DONATION TO HELP IN THE ADVANCEMENT OF ART EDUCATION AND AWARENESS. | $4,500,000 |
SAN FRANCISCO MUSEUM OF MODERN ART PURPOSE: ART DONATION TO HELP IN THE ADVANCEMENT OF ART EDUCATION AND AWARENESS. | $350,000 |