Nonprofit · EIN 13-4069969
AMERICAN ART FOUNDATION INC
Tax-exempt · NEW YORK, NY 10153
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $22,877 | $123,863 | -$100,986 | $1,115,143 | $0 | $1,115,143 |
| June 30, 2024 | 990-PF | $60,647 | $75,091 | -$14,444 | $1,216,129 | $0 | $1,216,129 |
| June 30, 2023 | 990-PF | $46,413 | $263,088 | -$216,675 | $1,230,573 | $0 | $1,230,573 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $16,099
- Interest
- $6,778
Expenses
- Grants and similar amounts paid
- $104,462
- Compensation of officers, directors and key employees
- $1,575
- Disbursements for charitable purposes
- $121,863
- Excise tax on investment income
- $318
Balance sheet and other
- Total assets, start of year
- $1,216,129
- Total assets, end of year
- $1,115,143
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,115,143
- Fair market value of assets
- $1,112,098
- Qualifying distributions
- $121,863
- Net investment income
- $22,877
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-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MEREDITH EDWARDS 767 FIFTH AVENUE, NEW YORK, NY 10153 | SECRETARY | 1 | $1,575 |
| LEONARD A LAUDERDeceased 6-14-25 767 FIFTH AVENUE, NEW YORK, NY 10153 | PRESIDENT, TRUSTEE | 1 | $0 |
| CAROL BOULANGER 767 FIFTH AVENUE, NEW YORK, NY 10153 | VICE PRESIDENT, TRUSTEE | 1 | $0 |
| KEVIN DIETERICH 767 FIFTH AVENUE, NEW YORK, NY 10153 | TREASURER | 1 | $0 |
| WILLIAM LAUDER 767 FIFTH AVENUE, NEW YORK, NY 10153 | TRUSTEE | 1 | $0 |
| LISA SOMAR 767 FIFTH AVE, NEW YORK, NY 10153 | ASST SECRETARY/ASST TREASURER | 1 | $0 |
990-PF for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MEREDITH EDWARDS 767 FIFTH AVENUE, NEW YORK, NY 10153 | SECRETARY | 1 | $2,100 |
| LEONARD A LAUDER 767 FIFTH AVENUE, NEW YORK, NY 10153 | PRESIDENT | 1 | $0 |
| CAROL BOULANGER 767 FIFTH AVENUE, NEW YORK, NY 10153 | VICE PRESIDENT | 1 | $0 |
| KEVIN DIETERICH 767 FIFTH AVENUE, NEW YORK, NY 10153 | TREASURER | 1 | $0 |
| WILLIAM LAUDER 767 FIFTH AVENUE, NEW YORK, NY 10153 | TRUSTEE | 1 | $0 |
| LISA SOMAR 767 FIFTH AVE, NEW YORK, NY 10153 | ASST SECRETARY/ASST TREASURER | 1 | $0 |
990-PF for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MEREDITH EDWARDS 767 FIFTH AVENUE, NEW YORK, NY 10153 | SECRETARY | 1 | $1,575 |
| LEONARD A LAUDER 767 FIFTH AVENUE, NEW YORK, NY 10153 | PRESIDENT | 1 | $0 |
| CAROL BOULANGER 767 FIFTH AVENUE, NEW YORK, NY 10153 | VICE PRESIDENT | 1 | $0 |
| KEVIN DIETERICH 767 FIFTH AVENUE, NEW YORK, NY 10153 | TREASURER | 1 | $0 |
| WILLIAM LAUDER 767 FIFTH AVENUE, NEW YORK, NY 10153 | TRUSTEE | 1 | $0 |
| LISA SOMAR 767 FIFTH AVE, NEW YORK, NY 10153 | ASST SECRETARY/ASST TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 767 FIFTH AVENUE 40TH FL, NEW YORK, NY 10153-0023
- In care of
- % LISA SOMAR
- Signed the 990-PF
- Lisa Somar, SECRETARY
- Phone
- (212) 572-4647
- Return prepared by
- ERNST & YOUNG US LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-4069969
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $1,115,143
- Income (IRS master file)
- $22,877
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $22,877 | $123,863 | $1,115,143 | XML |
| 990-PF | June 2024 | $60,647 | $75,091 | $1,216,129 | XML |
| 990-PF | June 2023 | $46,413 | $263,088 | $1,230,573 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | 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 13-4069969).
Questions about AMERICAN ART FOUNDATION INC
- What is the EIN of AMERICAN ART FOUNDATION INC?
- The employer identification number (EIN) of AMERICAN ART FOUNDATION INC is 13-4069969.
- Is AMERICAN ART FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to AMERICAN ART FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does AMERICAN ART FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of AMERICAN ART FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN ART FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of AMERICAN ART FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $1,575 (MEREDITH EDWARDS, SECRETARY).
- How much revenue does AMERICAN ART FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $22,877, expenses of $123,863 and total assets of $1,115,143 at year end.
Other nonprofits in NEW YORK
- THE METROPOLITAN MUSEUM OF ART EIN 13-1624086 · last filed 990 for 2025
- MUSEUM OF MODERN ART EIN 13-1624100 · last filed 990 for 2025
- METROPOLITAN OPERA ASSOCIATION INC EIN 13-1624087 · last filed 990 for 2025
- AMERICAN MUSEUM OF NATURAL HISTORY EIN 13-6162659 · last filed 990 for 2025
- LINCOLN CENTER FOR THE PERFORMING ARTS INC EIN 13-1847137 · last filed 990 for 2025
- WHITNEY MUSEUM OF AMERICAN ART EIN 13-1789318 · last filed 990 for 2025
- SESAME WORKSHOP EIN 13-2655731 · last filed 990 for 2025
- ROYAL NATIONAL THEATRE EIN 38-3866410 · last filed 990 for 2025
All nonprofits in NEW YORK · New York · Arts, culture and humanities