Nonprofit · EIN 30-0207085
ROMARE BEARDEN FOUNDATION INC
Tax-exempt · NEW YORK, NY 10026
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $317,870 | $423,746 | -$105,876 | $2,377,120 | $84,931 | $2,292,189 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $254,355
- Program service revenue
- $6,561
- Investment income
- $72
- Royalties
- $32,246
- Net income from fundraising events
- $24,636
- Other revenue
- $56,882
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $193,385
- Salaries, compensation and benefits (total)
- $210,273
- Professional fundraising fees
- $0
- Legal fees
- $45,771
- Accounting fees
- $37,800
- Travel
- $11,620
- Depreciation
- $561
- Program services (functional)
- $285,623
- Management and general (functional)
- $72,554
- Fundraising (functional)
- $65,569
Balance sheet and other
- Total assets, start of year
- $2,672,699
- Total assets, end of year
- $2,377,120
- Total liabilities, end of year
- $84,931
- Net assets, end of year
- $2,292,189
- Land, buildings and equipment
- $792
- Net assets without donor restrictions
- $2,086,461
- Net assets with donor restrictions
- $205,728
- Gross receipts
- $329,308
- Employees
- 3
- Year formed
- 2003
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILIE DE BRIGARD | DIRECTOR Trustee or director | 1 | $0 |
| JOHANNE BRYANT-REID | DIRECTOR Trustee or director | 1 | $0 |
| TALLAL I ELBOUSHI | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| AKOSUA BARTHWELL EVANS | DIRECTOR Trustee or director | 1 | $0 |
| WALTER EVANS | DIRECTOR Trustee or director | 1 | $0 |
| ALVA G GREENBERG | DIRECTOR Trustee or director | 1 | $0 |
| IRIE HARRIS | DIRECTOR Trustee or director | 1 | $0 |
| RONALD DAVID JACKSON | DIRECTOR Trustee or director | 1 | $0 |
| IMANI LEWIS | TREASURER Trustee or director, Officer | 1 | $0 |
| SHEILA ROHAN | DIRECTOR Trustee or director | 1 | $0 |
| ERIC SHINER | DIRECTOR Trustee or director | 1 | $0 |
| MICKELENE THOMAS | DIRECTOR Trustee or director | 1 | $0 |
| RHONDA MIMS | SECRETARY Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2214 FREDERICK DOUGLASS BLVD, NEW YORK, NY 10026-1123
- Principal officer (990 for 2024)
- TALLAL I ELBOUSHI
- Signed the 990
- TALLAL I ELBOUSHI, CHAIRMAN
- Phone
- (212) 665-9550
- Return prepared by
- LINDA A HAMILTON CPA PLLC
Mission
TO PERPETUATE ROMARE BEARDEN'S ARTISTIC AND INTELLECTUAL LEGACIES, AND TO PROMOTE PUBLIC AWARENESS AND APPRECIATION OF THE ARTS.
Program accomplishments
- CATALOGUE RAISONNE PROJECT- PHASE FOUR CONTINUED THE PROCESS OF IDENTIFYING AND RESEARCHING WORKS, AND GAINING NEW PHOTOGRAPHY OF ART FROM PRIVATE COLLECTIONS IN DETROIT, CALIFORNIA, SAVANNAH, GA, AND A LARGE ONE OF OVER 200 DRAWINGS IN NYC; WE ASSISTED IN REVIEWING AND VERIFYING MATERIALS FROM THE FOUNDATION FILES IN PREPARATION FOR THE FIRST LAUNCH OF THE CATALOGUE RAISONNE (2025) WITH THE ONLINE DIGITAL CATALOGUE PROJECT PARTNER- WILDENSTEIN PLATTNER INSTITUTE (WPI).Expenses $142,975 · revenue $155,175
- THE FOUNDATION DEVELOPED AND PRESENTED SEVERAL PROGRAMS AS PART OF OUR THE"CINQUE ARTIST PROGRAM" TALK SERIES THAT PROVIDES A PLATFORM FOR MID- CAREER ARTISTS. SPEAKERS ARE PAID AN HONORARIUM. ARTISTS INCLUDED PHILIP SMALLWOOD (APRIL 23, 2024); HANK WILLIS THOMAS (NOVEMBER 15, 2024); KAHLIL IRVING (OCTOBER 16, 2024); AND NANCY GROSSMAN (OCTOBER 17, 2024)Expenses $8,550
- FOUNDATION TRAVELING EXHIBITION SHOWED AT TWO VENUES- CLAY ART CENTER, CHARLESTON, WV (NOV. 2023 - FEB 2024); THE FOUNDATION ALSO LENT WORKS FOR A SMALL EXHIBITION AT THE PARAMOUNT CENTER FOR THE ARTS IN IN ST. CLOUD, MN. (JUNE 24 -JULY 29, 2024); THE CO-DIRECTORS BOTH TRAVELLED TO GIVE GALLERY TALKS IN SUPPORT OF THE TRAVELING SHOW AT THE CLAY ART CENTER, CHARLESTON, WV (FEBRUARY 1-3, 2024)
- SUPPORT TO SCHOLARS TO ENCOURAGE NEW EXHIBITIONS AND PUBLICATIONS ON THE ARTIST; MANAGED RESEARCH AND IMAGE REQUESTS; SUPPORT TO NEW DOCUMENTARY FILM ON BEARDEN. FOUNDATION REPRESENTATION AT SEVERAL CONFERENCES AND INITIATIVE MEETINGS, INCLUDING THE HARLEM SEMESTER INITIATIVE AT BARNARD COLLEGE- (ONGOING SPRING 2024) AND HARLEM CULTURAL COLLABORATION (ONGOING); ARTIST ENDOWED FOUNDATION ANNUAL FORUM (OCT 2024); SUPPORT TO A CONSORTIUM OF ARTIST ENDOWED FOUNDATION PILOT PROGRAM FOR INTERNS AND FELLOWS IN THE ARTS. THE FOUNDATION BOARD AND STAFF HOSTED A SPRING SALON IN WASHINGTON, DC INCLUDED A TALK BY SCHOLAR LESLIE KING HAMMOND, AND ART AUCTION WITH N'NAMDI GALLERY (JUNE 8, 2024); ATTENDED CONFERENCE BLACK PORTRAITURE (VENICE APRIL 20-21, 2024); REPRESENTED AT GROUP BY UNIT GALLERY IN VENICE, ITALY (APRIL 2024); THE FOUNDATION STAFF AND BOARD MEMBERS PARTICIPATED IN THE LAUNCH OF A NEW DOCUMENTARY ON BEARDEN, AT MIAMI ART BASEL (DEC 1-4, 2024). THIS INCLUDED A SMALL EXHIBITION OF COLLAGE, AND A PANEL DISCUSSION WITH THE FILMMAKER, DEBORAH RILEY DRAPER, AND ARTIST TSCHABALALA SELF.Expenses $134,098
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 30-0207085
- 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
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A51)
- Assets (IRS master file)
- $2,377,120
- Income (IRS master file)
- $329,308
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $603,806 | $563,145 | $2,672,699 | IRS |
| 990 | December 2022 | $493,006 | $283,009 | $2,730,657 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ROMARE BEARDEN FOUNDATION INC
- What is the EIN of ROMARE BEARDEN FOUNDATION INC?
- The employer identification number (EIN) of ROMARE BEARDEN FOUNDATION INC is 30-0207085.
- Is ROMARE BEARDEN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to ROMARE BEARDEN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROMARE BEARDEN 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 ROMARE BEARDEN FOUNDATION INC 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 ROMARE BEARDEN FOUNDATION INC 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 ROMARE BEARDEN FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names TALLAL I ELBOUSHI.
- Who are the officers and directors of ROMARE BEARDEN FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does ROMARE BEARDEN FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $317,870, expenses of $423,746 and total assets of $2,377,120 at year end.
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