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Nonprofit · EIN 13-6261474

VISUAL ARTS FOUNDATION INC

Tax-exempt · NEW YORK, NY 10010

Financials

$604K$376K2023$610K$344K2024$516K$321K2025
Revenue Expenses · by fiscal year end
Financials of VISUAL ARTS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$516,311$320,996$195,315$4,989,076$1,208$4,987,868
December 31, 2024990$609,852$343,697$266,155$4,989,600$975$4,988,625
December 31, 2023990$603,598$375,522$228,076$4,655,727$2,821$4,652,906
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$243,300
Program service revenue
$25,480
Investment income
$247,531
Other revenue
$0

Expenses

Grants and similar amounts paid
$237,095
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$72,869
Program services (functional)
$248,127
Management and general (functional)
$72,869

Balance sheet and other

Total assets, start of year
$4,989,600
Total assets, end of year
$4,989,076
Total liabilities, end of year
$1,208
Net assets, end of year
$4,987,868
Net assets without donor restrictions
$456,708
Net assets with donor restrictions
$4,531,160
Gross receipts
$516,311
Employees
0
Year formed
1968
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
David RhodesDirector
Trustee or director
1$0
Dee ItoDirector
Trustee or director
1$0
Paul DavisDirector
Trustee or director
1$0
Patti GreaneyDirector
Trustee or director
1$0
Bashan AquartDirector
Trustee or director
1$0
Jeffrey NesinPresident
Trustee or director, Officer
1$0
Jacqueline HoffnerTreasurer
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
David RhodesDirector
Trustee or director
1$0
Dee ItoDirector
Trustee or director
1$0
Paul DavisDirector
Trustee or director
1$0
Patti GreaneyDirector
Trustee or director
1$0
Bashan AquartDirector
Trustee or director
1$0
Jeffrey NesinPresident
Trustee or director, Officer
1$0
Jacqueline HoffnerTreasurer
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
David RhodesDirector
Trustee or director
1$0
Dee ItoDirector
Trustee or director
1$0
Paul DavisDirector
Trustee or director
1$0
Patti GreaneyDirector
Trustee or director
1$0
Bashan AquartDirector
Trustee or director
1$0
Jeffrey NesinPresident
Trustee or director, Officer
1$0
Jacqueline HoffnerTreasurer
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
209 E 23RD ST, NEW YORK, NY 10010-3901
Principal officer (990 for 2025)
Jeffrey Nesin, 209 East 23rd St, New York, NY 10010
Signed the 990
Jeffrey Nesin, President
Phone
(212) 592-2227
Return prepared by
Michael J Goldberg

Mission

The mission is to advance the arts as both an individual vocation and social force. The Foundation supports emerging artists and broadens audiences for their work, fosters a climate that values and seeks understanding of the arts.

990 for the year ended December 31, 2025

Program accomplishments

  • The Foundation provides scholarships, grants and awards for deserving students pursuing courses in the field of art.
    Expenses $248,127

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-6261474
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
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,989,076
Income (IRS master file)
$516,311

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$516,311$320,996$4,989,076IRS
990December 2024$609,852$343,697$4,989,600IRS
990December 2023–––IRS
990December 2022$569,531$312,223$4,236,571IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 13-6261474).

Questions about VISUAL ARTS FOUNDATION INC

What is the EIN of VISUAL ARTS FOUNDATION INC?
The employer identification number (EIN) of VISUAL ARTS FOUNDATION INC is 13-6261474.
Is VISUAL ARTS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to VISUAL ARTS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VISUAL ARTS FOUNDATION INC 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 VISUAL ARTS FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VISUAL ARTS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of VISUAL ARTS FOUNDATION INC?
The 990 for the year ended December 31, 2025 names Jeffrey Nesin.
Who are the officers and directors of VISUAL ARTS FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does VISUAL ARTS FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $516,311, expenses of $320,996 and total assets of $4,989,076 at year end.

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