David C & Sarajean Ruttenberg Arts Foundation
- Assets
- $0.0
- Revenue
- $66.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/1983
- Data as of
- 07/2022
- EIN
- 36-3137264
Organization Overview
David C & Sarajean Ruttenberg Arts Foundation is located in Chicago, IL. The organization was established in 1983. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. David C & Sarajean Ruttenberg Arts 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 07/2022, David C & Sarajean Ruttenberg Arts Foundation generated $66.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.7%) each year. All expenses for the organization totaled $1.6m during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, David C & Sarajean Ruttenberg Arts Foundation has awarded 40 individual grants totaling $5,031,086. 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
N/A FOUNDATION TERMINATED AS OF 7/31/2022
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela I Kaji Treasurer | 0 | $0 | |
Roger F Ruttenberg Secretary | 0 | $0 | |
David W Ruttenberg President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $26,047 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,681 |
| Capital Gain Net Income | $40,681 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $96 |
| Total Revenue | $66,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,125 |
| Depreciation | $0 |
| Occupancy | $1,960 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,289 |
| Total operating and administrative expenses | $55,491 |
| Contributions, gifts, grants paid | $1,594,486 |
| Total expenses and disbursements | $1,649,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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, David C & Sarajean Ruttenberg Arts Foundation has awarded $1,594,486 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: CHARITABLE PURPOSE OF RECIPIENT - EXHIBITION | $505,486 |
FAMILY FOCUS PURPOSE: CHARITABLE PURPOSE OF RECIPIENT - EXHIBITION | $500,000 |
CHICAGO HUMANITIES FESTIVAL PURPOSE: CHARITABLE PURPOSE OF RECIPIENT - EXHIBITIONCHARITABLE PURPOSE OF RECIPIENT - EXHIBITIONCHARITABLE PURPOSE OF RECIPIENT - EXHIBITION | $125,000 |
FRIEDMAN PLACE PURPOSE: CHARITABLE PURPOSE OF RECIPIENT - EXHIBITION | $100,000 |
Chicago, IL PURPOSE: CHARITABLE PURPOSE OF RECIPIENT - EXHIBITION | $100,000 |
JEWISH UNITED FUND PURPOSE: CHARITABLE PURPOSE OF RECIPIENT - EXHIBITION | $69,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Youth Arts Center Inc Milwaukee, WI | $19,493,020 | $1,487,635 |
United Performing Arts Fund Inc Milwaukee, WI | $14,391,026 | $9,375,574 |
Fund For The Arts Inc Louisville, KY | $9,833,007 | $6,108,558 |
Bravo Greater Des Moines Inc Des Moines, IA | $3,545,703 | $5,885,208 |
Richard J Stern Foundation For The Arts Kansas City, MO | $50,258,336 | $4,476,999 |
Robert Allerton Trust Under Will Dated April 15 1964 Chicago, IL | $38,402,099 | $3,836,329 |
Ros Foundation Greenfield, WI | $30,196,896 | $3,469,836 |
Lithuanian Foundation Lemont, IL | $53,188,345 | $6,129,593 |
David C & Sarajean Ruttenberg Arts Foundation Chicago, IL | $0 | $66,826 |
Richard & Ellen Sandor Art Foundation Chicago, IL | $0 | $3,100 |
Community Capital Fund Kansas City, MO | $1,497,991 | $1,400,960 |
Milwaukee Youth Arts Center Foundation Inc Milwaukee, WI | $10,317,722 | $10,905,403 |