Arthur M Sackler Foundation
- Assets
- $9.8m
- Revenue
- $218.5k
- Investments
- $7.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1977
- Data as of
- 12/2023
- EIN
- 52-1074954
Organization Overview
Arthur M Sackler Foundation is located in New York, NY. The organization was established in 1977. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arthur M Sackler 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 12/2023, Arthur M Sackler Foundation generated $218.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $627.1k during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIONS MANAGEMENT ART COLLECTION - STATUSAS OF DECEMBER 31, 2023 THE FOUNDATION OWNS 27 OBJECTS WITH A TOTAL INSURANCE VALUE OF $ 20,777,125. INCLUDED IN THIS TOTAL ARE ITEMS ON LONG -TERM LOAN TO THE FOLLOWING:- THE JOHN AND MABLE RINGLING MUSEUM OF ART, SARASOTA, FL - 4 OBJECTS- DJANUARY 7, 2023 THROUGH JANUARY 7, 2024.- ARTHUR M. SACKLER GALLERY AT THE SMITHSONIAN INSTITUTE, WASHINGTON, DC - 3 OBJECTS - JULY 11, 2022 - JULY 11, 2027.- BROOKLYN MUSEUM, BROOKLYN, NY - 6 OBJECTS- FEBRUARY 11, 2019 - FEBRUARY 11, 2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth A Sackler Chair & President | 30 | $28,000 | |
Rebekah Alden Secretary | 35 | $130,000 | |
Laura Sackler Treasurer | 1 | $0 | |
Johanne Agne Assistant Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $91,824 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $126,721 |
| Capital Gain Net Income | $126,721 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $218,545 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $158,000 |
| Other employee salaries and wages | $10,578 |
| Pension plans, employee benefits | $75,400 |
| Interest | $0 |
| Taxes | $774 |
| Depreciation | $5,332 |
| Occupancy | $161,093 |
| Travel, conferences, and meetings | $5,537 |
| Printing and publications | $0 |
| Other expenses | $126,858 |
| Total operating and administrative expenses | $627,106 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $627,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $650 |
| Savings and temporary cash investments | $154,165 |
| 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 | $1,161,506 |
| Net Land, buildings, and equipment | $4,687 |
| Other assets | $1,813,675 |
| Total assets | $9,755,867 |
| 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 | $12,610 |
| Total liabilities | $12,610 |
Grants Awarded
Over the last fiscal year, Arthur M Sackler Foundation has awarded $377,650 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKYLN MUSEUM PURPOSE: DONATION OF ART | $80,900 |
THE JOHN AND MABLE RINGLING MUSEUM OF ART PURPOSE: DONATION OF ART | $296,750 |