Graham Foundation For Advanced Studies In The Fine Arts
- Assets
- $0.0
- Revenue
- $687.2k
- Investments
- $43.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1959
- Data as of
- 12/2020
- EIN
- 36-2356089
Organization Overview
Graham Foundation For Advanced Studies In The Fine Arts is located in Chicago, IL. The organization was established in 1959. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Graham Foundation For Advanced Studies In The Fine Arts 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 12/2020, Graham Foundation For Advanced Studies In The Fine Arts generated $687.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Graham Foundation For Advanced Studies In The Fine Arts has awarded 305 individual grants totaling $2,518,890. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC PROGRAMS - IN ADDITION TO ITS INTERNATIONAL GRANTS PROGRAM, THE GRAHAM FOUNDATION PRODUCES ORIGINAL EXHIBITIONS, LECTURES, PANEL DISCUSSIONS, PERFORMANCES, SCREENINGS, (SEE STATEMENT)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | 3 | $0 | |
Alexandra Small Senior Advisor | 40 | $75,000 | |
Carolyn Kelly Grants Manager | 40 | $73,930 | |
Ronald Konow Facilities Manager | 40 | $69,199 | |
James Pike Grant Project Mgr. | 40 | $65,897 | |
Ava Barrett Program Manager | 40 | $58,059 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35 |
| Dividends & Interest | $314,999 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $687,158 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $193,185 |
| Pension plans, employee benefits | $109,041 |
| Depreciation | $85,204 |
| Occupancy | $46,516 |
| Travel, conferences, and meetings | $9,885 |
| Printing and publications | $1,754 |
| Total operating and administrative expenses | $1,539,239 |
| Contributions, gifts, grants paid | $943,795 |
| Total expenses and disbursements | $2,483,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,625,187 |
| Investments—mortgage loans | $0 |
| Investments—other | $24,026,927 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Graham Foundation For Advanced Studies In The Fine Arts has awarded $1,371,790 in support to 167 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: GRAHAM FOUNDATION ARTISTIC DIRECTOR | $75,000 |
CHICAGO ARCHITECTURE CENTER PURPOSE: FROM ME TO WE: IMAGINING THE CITY OF 2050 | $25,000 |
VISHAL KHANDELWAL PURPOSE: BELONGING WITHOUT ALIGNING: INDIA AND THE ETHICS OF DESIGN, 1955-1985 | $20,000 |
CAROLINE MURPHY PURPOSE: WATERS AND WEALTH: RIVERS, INFRASTRUCTURE, AND THE ENGINEERING IMAGINATION IN GRAND DUCAL TUSCANY, CA. 1549-1609 | $20,000 |
ADIL DALBAI & LIVINGSTONE MUKASA PURPOSE: AFRICA ARCHITECTURE NETWORK | $20,000 |
CANADIAN CENTRE FOR ARCHITECTURE PURPOSE: CCA SINGLES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Architecture Foundation Chicago, IL | $18,456,323 | $14,699,492 |
Fenestration And Glazing Industry Alliance Schaumburg, IL | $6,384,205 | $4,966,632 |
Fibre Box Association Itasca, IL | $1,560,987 | $3,611,412 |
Hyde Park Art Center Chicago, IL | $13,112,741 | $7,741,893 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Arts Club Of Chicago Chicago, IL | $22,777,301 | $152,339 |
Graham Foundation For Advanced Studies In The Fine Arts Chicago, IL | $0 | $687,158 |
Midwest Old Settlers And Threshers Assn Inc Mt Pleasant, IA | $5,724,252 | $3,761,020 |
Laumeier Sculpture Park St Louis, MO | $5,586,221 | $2,296,143 |
Craft Alliance St Louis, MO | $3,775,459 | $2,483,894 |
Lillian Florsheim Foundation for Fine Arts Chicago, IL | $0 | $525,901 |
Intuit The Center For Intuitive And Outside Art Chicago, IL | $2,150,549 | $1,698,097 |