Museum Of Art Foundation

Organization Overview

Museum Of Art Foundation is located in Davenport, IA. The organization was established in 2000. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Museum Of Art 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 12/2021, Museum Of Art Foundation generated $5.7k 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 (41.8%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION OWNS AND MAINTAINS AN ARTS CENTER FACILITY IN DAVENPORT, IOWA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION OWNS AND MAINTAINS AN ARTS CENTER FACILITY IN DAVENPORT, IOWA. THE ARTS CENTER IS OPERATED BY FIGGE ART MUSEUM, AND THE FOUNDATION'S PRIMARY PROGRAM ACTIVITY IS THE RENTAL OF THE FACILITY TO FIGGE ART MUSEUM.


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Board, Officers & Key Employees

Name (title)Compensation
Don Doucette
President
$0
Lee Gaston
Treasurer
$0
Kenneth R Koupal
Past Preside
$0
Sam Skorepa
Secretary
$0
Aleeza Singh
Vice Preside
$0
Carmen Darland
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,000
Total Program Service Revenue$0
Investment income $1,676
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,676

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Museum Of Art Foundation has recieved totaling $210,000.

Awarding OrganizationAmount
Quad Cities Golf Classic Charitable Foundation

East Moline, IL

PURPOSE: SUPPORTS THE OPERATIONS OF THE FIGGE ART MUSEUM BY MANAGEMENT OF THE PHYSICAL BUILDING

$105,000
Quad Cities Golf Classic Charitable Foundation

East Moline, IL

PURPOSE: SUPPORTS THE OPERATIONS OF THE FIGGE ART MUSEUM BY MANAGEMENT OF THE PHYSICAL BUILDING

$105,000
View Grant Recipient Profile

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