Nonprofit · EIN 23-7089275
ART DEALERS ASSOCIATION FOUNDATION INC
Tax-exempt · NEW YORK, NY 10016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-EZ | $14,439 | $35,298 | -$20,859 | $314,204 | $100 | $314,104 |
| October 31, 2024 | 990-EZ | $32,456 | $60,917 | -$28,461 | $334,963 | $0 | $334,963 |
| October 31, 2023 | 990-EZ | $38,729 | $45,365 | -$6,636 | $363,424 | $0 | $363,424 |
Financial details: 990-EZ for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $11,582
- Investment income
- $2,857
Expenses
- Grants and similar amounts paid
- $30,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $3,200
- Other expenses
- $2,098
Balance sheet and other
- Total assets, start of year
- $334,963
- Total assets, end of year
- $314,204
- Total liabilities, end of year
- $100
- Net assets, end of year
- $314,104
- Cash, savings and investments
- $313,183
- Gross receipts
- $14,439
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-EZ for the year ended October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jill Newhouse | President | 1 | $0 |
| Valentina Branchini | Officer | 1 | $0 |
| Debra Force | Officer | 1 | $0 |
| Steve Henry | Officer | 1 | $0 |
| Hans P Kraus | Officer | 1 | $0 |
| Nicole Russo | Officer | 1 | $0 |
| Mary Sabbatino | Officer | 1 | $0 |
| Marc Selwyn | Officer | 1 | $0 |
990-EZ for the year ended October 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jill Newhouse | President | 1 | $0 |
| Debra Force | Officer | 1 | $0 |
| Nicole Russo | Officer | 1 | $0 |
| Mary Sabbatino | Officer | 1 | $0 |
| Hans P Straus | Officer | 1 | $0 |
| Valentina Branchini | Officer | 1 | $0 |
| Steve Henry | Officer | 1 | $0 |
990-EZ for the year ended October 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Cohan | President | 1 | $0 |
| Dianne Dec | Officer | 1 | $0 |
| Debra Force | Officer | 1 | $0 |
| Miles McEnery | Officer | 1 | $0 |
| Jill Newhouse | Officer | 1 | $0 |
| Leon Tovar | Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 205 LEXINGTON AVE RM 901, NEW YORK, NY 10016-6022
- Signed the 990-EZ
- Jill Newhouse, President
- Phone
- (212) 488-5550
- Return prepared by
- Norman Pearlman CPA PLLC
Mission
Organization's primary purpose is to give grants in order to promote an appreciation of art.
Program accomplishments
- Distributions of grants in order to promote appreciation of art. Distributions to Huntsvile Museum of Art, Henry Art Gallery and Museo de Arte Contemporaneo de Puerto Rico.grants $30,000
- The Art Dealers Association Foundation was established in 1970. The Foundation has distributed grants to museums, archives, and arts organizations around the country to advance art historical research and exhibition development.The ADAA Foundations's current grant program supports U.S. museums and arts institutions from across the country with operating budgets of or under six million dollars. Each year, the Foundation invites randomly selected institutions to submit proposals for funding to advance the research and development of new art exhibitions, educational programming, and/or community engagement initiatives, including those that advance equity, access and representation specific to our field, presented online or in-person.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990-EZ on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-EZ on file |
IRS record
- EIN
- 23-7089275
- 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
- 1971
- Accounting year ends
- October
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A120)
- Assets (IRS master file)
- $314,204
- Income (IRS master file)
- $14,439
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | October 2025 | $14,439 | $35,298 | $314,204 | XML |
| 990-EZ | October 2024 | $32,456 | $60,917 | $334,963 | XML |
| 990-EZ | October 2023 | $38,729 | $45,365 | $363,424 | XML |
| 990-EZ | October 2022 | – | – | – | IRS |
| 990-EZ | October 2021 | – | – | – | IRS |
| 990-EZ | October 2020 | – | – | – | IRS |
| 990-EZ | October 2019 | – | – | – | IRS |
| 990-EZ | October 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 23-7089275).
Questions about ART DEALERS ASSOCIATION FOUNDATION INC
- What is the EIN of ART DEALERS ASSOCIATION FOUNDATION INC?
- The employer identification number (EIN) of ART DEALERS ASSOCIATION FOUNDATION INC is 23-7089275.
- Is ART DEALERS ASSOCIATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to ART DEALERS ASSOCIATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ART DEALERS ASSOCIATION FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ART DEALERS ASSOCIATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ART DEALERS ASSOCIATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended October 2025.
- Who are the officers and directors of ART DEALERS ASSOCIATION FOUNDATION INC?
- The 990-EZ for the year ended October 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does ART DEALERS ASSOCIATION FOUNDATION INC have?
- On its 990-EZ for the year ended October 31, 2025 it reported revenue of $14,439, expenses of $35,298 and total assets of $314,204 at year end.
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