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Nonprofit · EIN 23-7129564

NEW YORK FOUNDATION FOR THE ARTS INC

Tax-exempt · NEW YORK, NY 10018

Financials

$15.1M$15.6M2022$16M$13.5M2023$24.2M$17.4M2024
Revenue Expenses · by fiscal year end
Financials of NEW YORK FOUNDATION FOR THE ARTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$24,166,286$17,412,592$6,753,694$22,978,788$5,543,678$17,435,110
June 30, 2024990$16,045,374$13,525,831$2,519,543$17,967,722$7,481,806$10,485,916
June 30, 2023990$15,086,974$15,580,055-$493,081$14,671,798$6,881,896$7,789,902
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$22,029,724
of which government grants
$4,249,253
Program service revenue
$2,080,095
Investment income
$120,711
Net rental income
$10,865
Net income from fundraising events
-$81,156
Other revenue
-$64,244

Expenses

Grants and similar amounts paid
$12,435,519
Compensation of officers, directors and key employees
$708,632
Other salaries and wages
$1,781,181
Salaries, compensation and benefits (total)
$2,895,864
Professional fundraising fees
$0
Accounting fees
$31,038
Occupancy
$265,550
Travel
$45,424
Depreciation
$72,182
Program services (functional)
$15,902,583
Management and general (functional)
$904,440
Fundraising (functional)
$605,569

Balance sheet and other

Total assets, start of year
$17,967,722
Total assets, end of year
$22,978,788
Total liabilities, end of year
$5,543,678
Net assets, end of year
$17,435,110
Land, buildings and equipment
$80,073
Publicly traded securities
$9,268,179
Net assets without donor restrictions
$2,704,816
Net assets with donor restrictions
$14,730,294
Gross receipts
$25,737,490
Employees
32
Volunteers
27
Year formed
1971
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL L ROYCECHIEF EXECUTIVE OFFICER
Officer
60$468,091$12,019
SEBASTIANO VITALE DIRECTOROF FINANCE & ADMINISTRATION
Officer
50$158,868$37,998
FRED HUMPHREYCHIEF OPERATING OFFICER
Highest-paid employee
40$139,212$13,397
KIMBERLY ANDRESENDIRECTOR OF DEVELOPMENT
Highest-paid employee
50$129,175$12,868
MOHAMMAD USMANDIRECTOR OF TECHNOLOGIES
Highest-paid employee
40$116,395$0
FELICITY HOGANDIRECTOR OF LEARNING
Highest-paid employee
40$100,909$12,962
MARC J JASONCHAIR
Trustee or director, Officer
5$0$0
J WESLEY MCDADEVICE CHAIR
Trustee or director, Officer
5$0$0
J WHITNEY STEVENSSECRETARY
Trustee or director, Officer
2$0$0
MYRNA CHAOTREASURER
Trustee or director, Officer
5$0$0
FEDERICO ACUNABOARD MEMBER
Trustee or director
2$0$0
JOE BAKERBOARD MEMBER
Trustee or director
2$0$0
CAROLINE BLACKBOARD MEMBER
Trustee or director
2$0$0
LESLIE BOYCEBOARD MEMBER
Trustee or director
2$0$0
ALEXANDRA CHASINBOARD MEMBER
Trustee or director
2$0$0
18 more people on this return
NameTitleHours / weekCompensation
ALESSANDRA DIGIUSTOBOARD MEMBER
Trustee or director
2$0
CHRISTOPHER DONINIBOARD MEMBER
Trustee or director
2$0
MICHAEL FINDLAYBOARD MEMBER
Trustee or director
2$0
LESLEY-ANNE GLIEDMANBOARD MEMBER
Trustee or director
2$0
GRACE ANGELA HENRYBOARD MEMBER
Trustee or director
2$0
EUNBI KIMBOARD MEMBER
Trustee or director
2$0
MARY LANGBOARD MEMBER
Trustee or director
2$0
SETH LEVINBOARD MEMBER
Trustee or director
2$0
LAURA MONTROSSBOARD MEMBER
Trustee or director
2$0
GEORGE MUELLERBOARD MEMBER
Trustee or director
2$0
JACK ROSENBERGBOARD MEMBER
Trustee or director
2$0
CHRISTOPHER RUDDBOARD MEMBER
Trustee or director
2$0
SAID SAYREFIEZADEHBOARD MEMBER
Trustee or director
2$0
JUSTIN TOBINBOARD MEMBER
Trustee or director
2$0
CARMELITA TROPICANABOARD MEMBER
Trustee or director
2$0
LUIS H VALDERASBOARD MEMBER
Trustee or director
2$0
ELIZABETH VON HABSBURGBOARD MEMBER
Trustee or director
2$0
SARAH YOUNG O'DONNELLBOARD MEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 30 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL L ROYCECHIEF EXECUTIVE OFFICER
Officer
60$430,586$19,852
SEBASTIANO VITALE DIRECTOROF FINANCE & ADMINISTRATION
Officer
50$145,214$20,739
FRED HUMPHREYCHIEF OPERATING OFFICER
Highest-paid employee
40$109,910$8,189
MOHAMMAD USMANDIRECTOR OF TECHNOLOGIES
Highest-paid employee
40$106,986$0
LINDSAY SMILOWDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$101,450$473
MARC J JASONCHAIR
Trustee or director, Officer
5$0$0
J WESLEY MCDADEVICE CHAIR
Trustee or director, Officer
5$0$0
J WHITNEY STEVENSSECRETARY
Trustee or director, Officer
5$0$0
MYRNA CHAOTREASURER
Trustee or director, Officer
5$0$0
FEDERICO ACUNABOARD MEMBER
Trustee or director
2$0$0
JOE BAKERBOARD MEMBER
Trustee or director
2$0$0
CAROLINE BLACKBOARD MEMBER
Trustee or director
2$0$0
LESLIE BOYCEBOARD MEMBER
Trustee or director
2$0$0
ALEXANDRA CHASINBOARD MEMBER
Trustee or director
2$0$0
ANNA DEAVERE SMITHBOARD MEMBER, THRU 10/2023
Trustee or director
2$0$0
ALESSANDRA DIGIUSTOBOARD MEMBER
Trustee or director
2$0$0
CHRISTOPHER DONINIBOARD MEMBER
Trustee or director
2$0$0
MICHAEL FINDLAYBOARD MEMBER
Trustee or director
2$0$0
LESLEY-ANNE GLIEDMANBOARD MEMBER
Trustee or director
2$0$0
GRACE ANGELA HENRYBOARD MEMBER
Trustee or director
2$0$0
EUNBI KIMBOARD MEMBER
Trustee or director
2$0$0
MARY LANGBOARD MEMBER
Trustee or director
2$0$0
RICARDO ALBERTO MALDONADOBOARD MEMBER, THRU 1/2024
Trustee or director
2$0$0
CHRISTOPHER RUDDBOARD MEMBER
Trustee or director
2$0$0
SAID SAYREFIEZADEHBOARD MEMBER
Trustee or director
2$0$0
JUSTIN TOBINBOARD MEMBER
Trustee or director
2$0$0
CARMELITA TROPICANABOARD MEMBER
Trustee or director
2$0$0
LUIS H VALDERASBOARD MEMBER
Trustee or director
2$0$0
ELIZABETH VON HABSBURGBOARD MEMBER
Trustee or director
2$0$0
SARAH YOUNG O'DONNELLBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 32 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL L ROYCECHIEF EXECUTIVE OFFICER
Officer
60$415,735$23,758
SEBI VITALE DIRECTOR OFFINANCE & ADMINISTRATION
Officer
50$156,429$37,149
MELANIE MARTINDIRECTOR OF COMMUNICATIONS
Highest-paid employee
40$145,367$12,926
MARY GROHOSKISALES MANAGER
Highest-paid employee
40$117,017$15,058
MARC J JASONCHAIR
Trustee or director, Officer
5$0$0
J WESLEY MCDADEVICE CHAIR
Trustee or director, Officer
5$0$0
J WHITNEY STEVENSSECRETARY
Trustee or director, Officer
5$0$0
MYRNA CHAOTREASURER EFF. JUN 2023
Trustee or director, Officer
5$0$0
LORIN GUTREASURER THRU MAR 2023
Trustee or director, Officer
2$0$0
JUDITH K BRODSKYPAST IMMEDIATE CHAIR THRU JAN 2023
Trustee or director
2$0$0
FEDERICO ACUNABOARD MEMBER
Trustee or director
2$0$0
JOE BAKERBOARD MEMBER
Trustee or director
2$0$0
CAROLINE BLACKBOARD MEMBER
Trustee or director
2$0$0
KERRIE BUITRAGOBOARD MEMBER THRU JAN 2023
Trustee or director
2$0$0
ALEXANDRA CHASINBOARD MEMBER
Trustee or director
2$0$0
ANNA DEAVERE SMITHBOARD MEMBER
Trustee or director
2$0$0
CHRISTOPHER DONINIBOARD MEMBER
Trustee or director
2$0$0
KIM ESTES MCCARTYBOARD MEMBER THRU JAN 2023
Trustee or director
2$0$0
MICHAEL FINDLAYBOARD MEMBER
Trustee or director
2$0$0
LESLEY-ANNE GLIEDMANBOARD MEMBER
Trustee or director
2$0$0
CHARMAINE GREEN-FORDEBOARD MEMBER THRU JAN 2023
Trustee or director
2$0$0
GRACE ANGELA HENRYBOARD MEMBER
Trustee or director
2$0$0
EUNBI KIMBOARD MEMBER
Trustee or director
2$0$0
MARY LANGBOARD MEMBER
Trustee or director
2$0$0
RICARDO ALBERTO MALDONADOBOARD MEMBER
Trustee or director
2$0$0
CHRISTOPHER RUDDBOARD MEMBER
Trustee or director
2$0$0
SAID SAYREFIEZADEHBOARD MEMBER
Trustee or director
2$0$0
JUSTIN TOBINBOARD MEMBER
Trustee or director
2$0$0
CARMELITA TROPICANABOARD MEMBER
Trustee or director
2$0$0
LUIS H VALDERASBOARD MEMBER
Trustee or director
2$0$0
ELIZABETH VON HABSBURGBOARD MEMBER
Trustee or director
2$0$0
SARAH YOUNG O'DONNELLBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
29 W 38TH STREET 9TH FLOOR, NEW YORK, NY 10018-5560
In care of
% MICHAEL ROYCE
Principal officer (990 for 2024)
MICHAEL L ROYCE, 29 W 38TH STREET 9TH FLOOR, NEW YORK, NY 10018
Signed the 990
MICHAEL L ROYCE, CHIEF EXECUTIVE OFFICER
Phone
(212) 366-6900
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

ESTABLISHED IN 1971, THE MISSION OF THE NEW YORK FOUNDATION FOR THE ARTS (NYFA) IS TO EMPOWER ARTISTS IN ALL DISCIPLINES, AS WELL AS CULTURAL WORKERS, TO ACHIEVE SUCCESS ON THEIR OWN TERMS BY PROVIDING CRITICAL SUPPORT, RESOURCES, AND OPPORTUNITIES. NYFA ENVISIONS A WORLD WHERE ARTISTS THRIVE IN THE PRACTICE AND EXPRESSION OF THEIR CREATIVE WORK, A WORLD THAT CELEBRATES AND SUPPORTS THEM. WE SERVE APPROXIMATELY 1M CONSTITUENTS IN PERSON AND ONLINE, ANNUALLY, THROUGH FOUR FLAGSHIP PROGRAMS: LEARNING, AWARDS & GRANTS, FISCAL SPONSORSHIP, AND ONLINE RESOURCES.

990 for the year ended June 30, 2025

Program accomplishments

  • FISCAL SPONSORSHIPS: SINCE 1976, NYFA HAS PROVIDED FISCAL SPONSORSHIPS TO INDIVIDUAL ARTISTS AND EMERGING ORGANIZATIONS, MAKING IT THE OLDEST PROGRAM OF ITS KIND IN THE COUNTRY. IT MAKES IT POSSIBLE FOR INDIVIDUALS AND ORGANIZATIONS WITHOUT NOT-FOR-PROFIT STATUS TO RAISE FUNDS FOR UPCOMING FILMS, THEATRICAL PERFORMANCES, ART INSTALLATIONS, AND OTHER PROJECTS.
    Expenses $6,215,527 · grants $5,816,109 · revenue $853,102
  • NYFA LEARNING: NYFA LEARNING PROVIDES ARTISTS WITH PROFESSIONAL DEVELOPMENT OPPORTUNITIES. THESE OPPORTUNITIES ARE PROVIDED THROUGH WORKSHOPS, MENTORING PROGRAMS, NETWORKING EVENTS, COLLABORATIONS, AND A VARIETY OF RESOURCES.
    Expenses $1,265,743 · grants $200,000 · revenue $154,551
  • NYC MADE IN NY WOMEN'S FILM: THE NYC WOMEN'S FUND FOR MEDIA, MUSIC, AND THEATRE ("WOMEN'S FUND"), ADMINISTERED BY THE NEW YORK FOUNDATION FOR THE ARTS (NYFA) IN PARTNERSHIP WITH THE CITY OF NEW YORK MAYOR'S OFFICE OF MEDIA AND ENTERTAINMENT (MOME), IS PART OF A GROUNDBREAKING SERIES OF INITIATIVES THAT ADDRESS THE UNDERREPRESENTATION OF WOMEN IN FILM, MUSIC, TELEVISION, AND THEATRE. THE FUND PROVIDES GRANTS TO ENCOURAGE AND SUPPORT THE CREATION OF CONTENT THAT REFLECT THE VOICES AND PERSPECTIVES OF ALL WHO IDENTIFY AS WOMEN.
    Expenses $1,219,232 · grants $1,102,413
  • OTHER PROGRAMS: OTHER PROGRAMS PROVIDED BY THE FOUNDATION INCLUDE THE NYSCA-NYFA FELLOWSHIP GRANTS, THE RAUSCHENBERG MEDICAL RELIEF GRANTS TO ARTISTS AND DANCERS, AND ARTIST FUNDS SUCH AS THE LATINX FELLOWSHIP FUNDED THROUGH THE MELLON AND FORD FOUNDATIONS.
    Expenses $7,202,081 · grants $5,316,997 · revenue $1,072,442

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7129564
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
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$22,978,788
Income (IRS master file)
$25,737,490

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$24,166,286$17,412,592$22,978,788IRS
990June 2024$16,045,374$13,525,831$17,967,722IRS
990June 2023$15,086,974$15,580,055$14,671,798XML
990June 2022$30,608,340$28,190,863$12,251,951IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 23-7129564).

Questions about NEW YORK FOUNDATION FOR THE ARTS INC

What is the EIN of NEW YORK FOUNDATION FOR THE ARTS INC?
The employer identification number (EIN) of NEW YORK FOUNDATION FOR THE ARTS INC is 23-7129564.
Is NEW YORK FOUNDATION FOR THE ARTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to NEW YORK FOUNDATION FOR THE ARTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW YORK FOUNDATION FOR THE ARTS 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 NEW YORK FOUNDATION FOR THE ARTS 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 NEW YORK FOUNDATION FOR THE ARTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NEW YORK FOUNDATION FOR THE ARTS INC?
The 990 for the year ended June 30, 2025 names MICHAEL L ROYCE.
Who are the officers and directors of NEW YORK FOUNDATION FOR THE ARTS INC?
The 990 for the year ended June 30, 2025 lists 33 people; 6 received compensation from the organization, the highest $468,091 (MICHAEL L ROYCE, CHIEF EXECUTIVE OFFICER).
How much revenue does NEW YORK FOUNDATION FOR THE ARTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $24,166,286, expenses of $17,412,592 and total assets of $22,978,788 at year end.

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