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Nonprofit · EIN 06-1313662

THE ELIZABETH FOUNDATION FOR THE ARTS

Tax-exempt · NEW YORK, NY 10018

Financials

$2.9M$3.1M2023$2.1M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of THE ELIZABETH FOUNDATION FOR THE ARTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,075,975$3,337,312-$1,261,337$5,734,109$6,641,026-$906,917
December 31, 2023990$2,911,784$3,140,792-$229,008$6,877,933$5,743,945$1,133,988
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$102,552
Program service revenue
$1,814,270
Investment income
$5,455
Net rental income
$99,639
Net income from sales of inventory
$44,402
Other revenue
$153,698

Expenses

Grants and similar amounts paid
$55,150
Compensation of officers, directors and key employees
$139,738
Other salaries and wages
$689,141
Salaries, compensation and benefits (total)
$1,021,142
Professional fundraising fees
$0
Legal fees
$19,810
Accounting fees
$77,500
Travel
$20,003
Depreciation
$212,460
Program services (functional)
$2,741,873
Management and general (functional)
$595,439

Balance sheet and other

Total assets, start of year
$6,877,933
Total assets, end of year
$5,734,109
Total liabilities, end of year
$6,641,026
Net assets, end of year
-$906,917
Land, buildings and equipment
$4,573,460
Net assets without donor restrictions
-$906,917
Gross unrelated business income
$99,639
Gross receipts
$2,438,664
Employees
22
Year formed
1992
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GEORGE SCHEEREXECUTIVE DI
Trustee or director
40$119,929
JANE STEPHENSONBOARD MEMBER
Trustee or director
2$19,809
LAURA BUCKLESBOARD MEMBER
Trustee or director
2$0
MARILYN EVENSBOARD MEMBER
Trustee or director
2$0
JOHN KOEGELBOARD MEMBER
Trustee or director
2$0
MICHELLE LOHBOARD MEMBER
Trustee or director
2$0
DEANNA ROCKEFELLERBOARD MEMBER
Trustee or director
2$0
STEPHEN BRAUNSECRETARY
Officer
2$0
STUART FRIEDMANTREASURER
Officer
2$0
GEORGE GORDON KINGVICE PRESIDE
Officer
2$0
ALAN KLEIMANPRESIDENT
Officer
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JANE STEPHENSONBOARD MEMBER
Trustee or director
40$74,072
LAURA BUCKLESBOARD MEMBER
Trustee or director
2$0
JOHN KOEGELBOARD MEMBER
Trustee or director
2$0
MICHELLE LOHBOARD MEMBER
Trustee or director
2$0
DEANNA ROCKEFELLERBOARD MEMBER
Trustee or director
2$0
STEPHEN BRAUNSECRETARY
Officer
2$0
STUART FRIEDMANTREASURER
Officer
2$0
GEORGE GORDON KINGVICE PRESIDE
Officer
2$0
ALAN KLEIMANPRESIDENT
Officer
2$0

Address and contacts

Address (IRS master file)
EFA CENTER 323 WEST 39TH ST, NEW YORK, NY 10018-0000
In care of
% JANE STEPHENSON
Principal officer (990 for 2024)
STUART FRIEDMAN, SAME AS C ABOVE, NEW YORK, NY 10018
Signed the 990
GEORGE SCHEER, EXECUTIVE DIRECTOR
Phone
(212) 563-5855
Return prepared by
KVLSM LLP

Mission

EFA IS DEDICATED TO PROVIDING ARTISTS ACCROSS ALL DISCIPLINES WITH SPACE, TOOLS AND A COOPERATIVE FORUM FOR THE DEVELOPMENT OF INDIVIDUAL PRACTICE. EFA IS A CATALYST FOR CULTURAL GROWTH, STIMULATING NEW INTERACTIONS BETWEEN ARTISTS, CREATIVE COMMUNITES AND THE PUBLIC.

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O
  • STUDIO CENTER: PROVIDES ARTISTS WITH AFFORDABLE PROFESSIONAL ART STUDIOS IN NEW YORK AND PROFESSIOINAL CAREER DEVELOPMENT THROUGH VISITING PROFESSIONALS, SEMINARS, LECTURES, AND PUBLIC INTERERATION THROUGH OPEN STUDIOS. ROBERT BLACKBURN PAINTMAKING WORKSHOP: PROVIDES ARTISTS WITH AFFORDABLE PROFESSIOINAL PAINTMAKING STUDIO WORKSPACE, CLASSES, LECTURES, DEMONSTRATIONS AND EXHIBITION OPPORTUNITIES. PROJECT SPACE: PROVIDES ARTISTS AND CURATORS WITH PROFESSIONAL CAREER DEVELOPMENT THROUGH EXHIBITIONS, EVENTS, SEMINARS, RESIDENCIES AND PUBLIC INTERATION AND DISCUSSION.
    Expenses $2,741,873 · grants $55,150

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-1313662
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,734,109
Income (IRS master file)
$2,438,664

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,075,975$3,337,312$5,734,109XML
990-TDecember 2024–––IRS
990December 2023$2,911,784$3,140,792$6,877,933XML
990-TDecember 2023–––IRS
990December 2022$2,227,501$2,430,793$7,043,341IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1313662).

Questions about THE ELIZABETH FOUNDATION FOR THE ARTS

What is the EIN of THE ELIZABETH FOUNDATION FOR THE ARTS?
The employer identification number (EIN) of THE ELIZABETH FOUNDATION FOR THE ARTS is 06-1313662.
Is THE ELIZABETH FOUNDATION FOR THE ARTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to THE ELIZABETH FOUNDATION FOR THE ARTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE ELIZABETH FOUNDATION FOR THE ARTS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE ELIZABETH FOUNDATION FOR THE ARTS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE ELIZABETH FOUNDATION FOR THE ARTS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE ELIZABETH FOUNDATION FOR THE ARTS?
The 990 for the year ended December 31, 2024 names STUART FRIEDMAN.
Who are the officers and directors of THE ELIZABETH FOUNDATION FOR THE ARTS?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $119,929 (GEORGE SCHEER, EXECUTIVE DI).
How much revenue does THE ELIZABETH FOUNDATION FOR THE ARTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,075,975, expenses of $3,337,312 and total assets of $5,734,109 at year end.

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