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Nonprofit · EIN 59-2141837

NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC

Tax-exempt · MIAMI, FL 33137

Financials

$12M$10.1M2022$12.4M$12M2023$13.8M$12.9M2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$13,778,444$12,851,230$927,214$65,467,986$792,630$64,675,356
June 30, 2024990$12,404,035$11,972,010$432,025$60,477,417$374,661$60,102,756
June 30, 2023990$11,956,692$10,143,410$1,813,282$56,119,714-$45,825$56,165,539
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$12,421,148
of which government grants
$259,949
Program service revenue
$305,294
Investment income
$1,795,611
Net gain from sales of assets
$390,227
Net income from fundraising events
-$747,780
Other revenue
-$743,609

Expenses

Grants and similar amounts paid
$1,490,356
Compensation of officers, directors and key employees
$1,207,761
Other salaries and wages
$2,967,493
Salaries, compensation and benefits (total)
$4,839,249
Professional fundraising fees
$0
Legal fees
$29,964
Accounting fees
$38,567
Occupancy
$195,082
Travel
$1,587,502
Depreciation
$87,543
Program services (functional)
$10,863,241
Management and general (functional)
$723,928
Fundraising (functional)
$1,264,061

Balance sheet and other

Total assets, start of year
$60,477,417
Total assets, end of year
$65,467,986
Total liabilities, end of year
$792,630
Net assets, end of year
$64,675,356
Land, buildings and equipment
$235,295
Publicly traded securities
$45,360,922
Net assets without donor restrictions
$14,876,278
Net assets with donor restrictions
$49,799,078
Gross receipts
$33,903,586
Employees
50
Volunteers
29
Year formed
1981
State of legal domicile
FL

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
CLIVE CHANGPRESIDENT
Officer
40$652,479$19,006
TERESA D SIDESVP OF ADVANCEMENT
Key employee
40$287,344$168
TANYA REIDVP OF FINANCE & OPERATIONS (THRU 11/24)
Officer
40$205,377$16,464
LAUREN SLONEVP OF ARTISTIC PROGRAMS (THRU 04/25)
Highest-paid employee
40$189,328$12,515
ANGELA GODINGSENIOR DIRECTOR, STRATEGIC PARTNERSHIPS
Highest-paid employee
40$173,120$9,429
EMILY WATERSSENIOR DIRECTOR, INNOVATION & IMPACT (THRU 02/25)
Highest-paid employee
40$148,485$9,535
LEE S COHEN HARECREATIVE DIRECTOR
Highest-paid employee
40$141,719$15,172
DAVE ADAMSSENIOR DIRECTOR, STRATEGIC COMMUNICATIONS
Highest-paid employee
40$131,439$15,036
MELISSA DOVAL ORTIZVP, FINANCE & OPERATION (AS OF 11/24)
Officer
40$26,923$0
JONATHAN FLACKTREASURER (AS OF 11/24)
Trustee or director, Officer
1$0$0
RICH KOHANPRESIDENT OF THE BOARD
Trustee or director, Officer
5$0$0
SARAH ARISONBOARD CHAIR
Trustee or director, Officer
5$0$0
ZUZANNA SZADKOWSKISecretary
Trustee or director, Officer
1$0$0
CHLOE BERKOWITZTRUSTEE
Trustee or director
1$0$0
DANIELLE GARNOTRUSTEE
Trustee or director
1$0$0
22 more people on this return
NameTitleHours / weekCompensation
DEBI WISCHTRUSTEE
Trustee or director
1$0
DEBORAH SHAINFELDTRUSTEE
Trustee or director
1$0
DERRICK ADAMSTRUSTEE
Trustee or director
1$0
DOUG BLUSHTRUSTEE
Trustee or director
1$0
DR JOAN MORGANTRUSTEE
Trustee or director
1$0
GLENDA PEDROSOTRUSTEE
Trustee or director
1$0
HAMPTON CARNEYTRUSTEE
Trustee or director
1$0
JASON KRAUSTRUSTEE
Trustee or director
1$0
JEAN SHINTRUSTEE
Trustee or director
1$0
JOHN JACK O'NEILTRUSTEE
Trustee or director
1$0
JOSE PARLATRUSTEE
Trustee or director
1$0
KRISTINA NEUMAN-SCOTTTRUSTEE
Trustee or director
1$0
KRISTY EDMUNDSTRUSTEE
Trustee or director
1$0
LAUREN MATTHIESENTRUSTEE
Trustee or director
1$0
MICHAEL MCELROYTRUSTEE
Trustee or director
1$0
MICHI JIGARJIANTRUSTEE
Trustee or director
1$0
NATALIE DIGGINSTRUSTEE (THRU 01/25)
Trustee or director
1$0
ROSIE GORDON-WALLACETRUSTEE
Trustee or director
1$0
SANDRA TAMERTRUSTEE
Trustee or director
1$0
STEVEN MARKSTRUSTEE
Trustee or director
1$0
VICTORIA ROGERSTRUSTEE (THRU 12/24)
Trustee or director
1$0
RICHARD WAGMANTREASURER (THRU 11/24)
Officer
2$0
990 for the year ended June 30, 2024: 35 people
NameTitleHours / weekCompensationOther / benefits
CLIVE CHANGPRESIDENT
Officer
40$569,242$7,195
TERESA D SIDESVP OF ADVANCEMENT
Key employee
40$269,332$84
TANYA REIDVP of FINANCE & OPERATIONS
Officer
40$220,338$17,195
REBEKAH LENGELVP of STRATEGY & INNOVATION
Key employee
40$202,348$14,707
JOSYBEL MARTINEZVP of EQUITY, PEOPLE & CULTURE
Key employee
40$177,808$15,931
ANGELA GODINGSENIOR DIR., STRATEGIC P'SHIPS
Highest-paid employee
40$169,299$8,374
CHRISTOPHER WILLIAMSDIRECTOR OF FINANCE
Highest-paid employee
40$143,130$26,016
LEE S COHEN HARECREATIVE DIRECTOR
Highest-paid employee
40$134,434$14,241
SARAH GRAYDIR. OF INSTITUTIONAL GIVING
Highest-paid employee
40$123,985$11,540
LISA LEONECREATIVE PRODUCER
Highest-paid employee
40$111,059$13,693
RICH KOHANPRESIDENT OF THE BOARD
Trustee or director, Officer
5$0$0
SARAH ARISONBOARD CHAIR
Trustee or director, Officer
5$0$0
NATALIE DIGGINSSEC. (THRU 11/23); TRUSTEE
Trustee or director, Officer
1$0$0
ZUZANNA SZADKOWSKISEC. (AS OF 11/23); TRUSTEE
Trustee or director, Officer
1$0$0
DERRICK ADAMSTRUSTEE
Trustee or director
1$0$0
DOUG BLUSHTRUSTEE
Trustee or director
1$0$0
HAMPTON CARNEYTRUSTEE
Trustee or director
1$0$0
LINDA COLLTRUSTEE
Trustee or director
1$0$0
KRISTY EDMUNDSTRUSTEE
Trustee or director
1$0$0
JONATHAN FLACKTRUSTEE
Trustee or director
1$0$0
DANIELLE GARNOTRUSTEE
Trustee or director
1$0$0
ROSIE GORDON-WALLACETRUSTEE
Trustee or director
1$0$0
MICHI JIGARJIANTRUSTEE
Trustee or director
1$0$0
JASON KRAUSTRUSTEE
Trustee or director
1$0$0
STEVEN MARKSTRUSTEE
Trustee or director
1$0$0
LAUREN MATTHIESENTRUSTEE
Trustee or director
1$0$0
MICHAEL MCELROYTRUSTEE
Trustee or director
1$0$0
DR JOAN MORGANTRUSTEE
Trustee or director
1$0$0
JOHN JACK O'NEILTRUSTEE
Trustee or director
1$0$0
GLENDA PEDROSOTRUSTEE
Trustee or director
1$0$0
VICTORIA ROGERSTRUSTEE
Trustee or director
1$0$0
JEAN SHINTRUSTEE
Trustee or director
1$0$0
SANDRA TAMERTRUSTEE
Trustee or director
1$0$0
MAURICE ZARMATITRUSTEE
Trustee or director
1$0$0
RICHARD WAGMANTREASURER
Officer
2$0$0
990 for the year ended June 30, 2023: 40 people
NameTitleHours / weekCompensationOther / benefits
TANYA REIDVP of FINANCE & OPERATIONS
Officer
40$232,493$12,704
LISA LEONECREATIVE PRODUCER
Highest-paid employee
40$226,789$16,615
TERESA D SIDESVP OF ADVANCEMENT
Key employee
40$233,390$7,914
REBEKAH LENGEL As of 0323VP of STRATEGY & INNOVATION
Key employee
40$190,050$15,482
LAUREN SNELLINGARTISTIC DIRECTOR (THRU 12/22)
Key employee
40$180,572$9,365
ANGELA GODINGSENIOR DIR., STRATEGIC P'SHIPS
Highest-paid employee
40$159,561$7,914
JOSYBEL MARTINEZ As of 0323VP of EQUITY, PEOPLE & CULTURE
Key employee
40$143,866$7,914
CHRISTOPHER WILLIAMSDIRECTOR OF FINANCE
Highest-paid employee
40$137,057$13,701
LEE S COHEN HARECREATIVE DIRECTOR
Highest-paid employee
40$129,495$12,902
SARAH GRAYDIR. OF INSTITUTIONAL GIVING
Highest-paid employee
40$114,672$12,634
RICH KOHANPRESIDENT OF THE BOARD
Trustee or director, Officer
5$0$0
SARAH ARISONBOARD CHAIR
Trustee or director, Officer
5$0$0
NATALIE DIGGINSSECRETARY
Trustee or director, Officer
1$0$0
ZUZANNA SZADKOWSKITRUSTEE
Trustee or director
1$0$0
DERRICK ADAMSTRUSTEE
Trustee or director
1$0$0
DOUG BLUSHTRUSTEE
Trustee or director
1$0$0
HAMPTON CARNEYTRUSTEE
Trustee or director
1$0$0
LINDA COLLTRUSTEE
Trustee or director
1$0$0
BRIAN CULLINANTRUSTEE (THRU 01/23)
Trustee or director
1$0$0
KRISTY EDMUNDSTRUSTEE
Trustee or director
1$0$0
JONATHAN FLACKTRUSTEE (As of 01/23)
Trustee or director
1$0$0
BERNARDO FORT-BRESCIATRUSTEE (THRU 01/23)
Trustee or director
1$0$0
JAY FRANKETRUSTEE (THRU 12/22)
Trustee or director
1$0$0
DANIELLE GARNOTRUSTEE
Trustee or director
1$0$0
ROSIE GORDON-WALLACETRUSTEE
Trustee or director
1$0$0
MICHI JIGARJIANTRUSTEE
Trustee or director
1$0$0
JASON KRAUSTRUSTEE
Trustee or director
1$0$0
STEVEN MARKSTRUSTEE
Trustee or director
1$0$0
LAUREN MATTHIESENTRUSTEE
Trustee or director
1$0$0
MICHAEL MCELROYTRUSTEE
Trustee or director
1$0$0
DR JOAN MORGANTRUSTEE
Trustee or director
1$0$0
JOHN JACK O'NEILTRUSTEE
Trustee or director
1$0$0
GLENDA PEDROSOTRUSTEE
Trustee or director
1$0$0
VICTORIA ROGERSTRUSTEE
Trustee or director
1$0$0
JEAN SHINTRUSTEE
Trustee or director
1$0$0
SANDRA TAMERTRUSTEE
Trustee or director
1$0$0
JOSEPH M THOMPSONTRUSTEE (THRU 02/23)
Trustee or director
1$0$0
MAURICE ZARMATITRUSTEE
Trustee or director
1$0$0
CLIVE CHANGPRESIDENT (As of 01/23)
Officer
40$0$0
RICHARD WAGMANTREASURER
Officer
2$0$0

Address and contacts

Address (IRS master file)
2100 BISCAYNE BLVD, MIAMI, FL 33137-5014
In care of
% MELISSA DOVAL
Principal officer (990 for 2024)
CLIVE CHANG, 2100 BISCAYNE BLVD, MIAMI, FL 33137
Signed the 990
MELISSA DOVAL, VP, FINANCE & OPS
Phone
(305) 377-1140
Return prepared by
BDO USA

Mission

THE MISSION OF THE NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS, INC. DBA YOUNGARTS IS TO IDENTIFY EXCEPTIONAL YOUNG ARTISTS, AMPLIFY THEIR POTENTIAL AND INVEST IN THEIR LIFELONG CREATIVE FREEDOM.

990 for the year ended June 30, 2025

Program accomplishments

  • NFAA IS THE ONLY NATIONAL ORGANIZATION THAT CHAMPIONS ARTISTS THROUGHOUT THEIR LIFETIMES AND ACROSS ALL ART FORMS, FUELING THE ONGOING VITALITY OF THE ARTS NATIONWIDE. IT IDENTIFIES EXCEPTIONAL YOUNG ARTISTS IN THE LITERARY, VISUAL AND PERFORMING ARTS THROUGH AN ANNUAL COMPETITION THAT NOW WELCOMES 13,000 APPLICANTS ANNUALLY AND PROVIDES THE WINNERS WITH A LIFETIME OF CREATIVE AND PROFESSIONAL SUPPORT. IN FY2025, 785 NEW AWARD WINNERS FROM ACROSS THE UNITED STATES JOINED THE YOUNGARTS COMMUNITY, AND WE ENGAGED MORE THAN 3,000 ARTISTS THROUGH YEAR-ROUND PROGRAMMING. THROUGH THE COMPETITION AND OTHER PROGRAMS, YOUNGARTS DISTRIBUTED NEARLY $3M TO ARTISTS IN AWARDED FUNDS OR FEES FOR SERVICE.
    Expenses $4,505,836 · grants $761,250 · revenue $309,465
  • PROGRAMS FOR PAST YOUNGARTS WINNERS OFFERED YOUNGARTS ARTISTS SUPPORT TO GROW THEIR CAREERS BEYOND THEIR WINNER YEAR WITHIN THREE FOCUS AREAS: CREATIVE DEVELOPMENT, PROFESSIONAL DEVELOPMENT AND COMMUNITY ENGAGEMENT. THROUGH YEAR-LONG INITIATIVES BOTH IN-PERSON AND VIRTUAL, SOLELY AUTHORIZED BY YOUNGARTS AND ACHIEVED IN PARTNERSHIP WITH COLLEAGUE INSTITUTIONS, PAST WINNERS RECEIVED ACCESS TO FELLOWSHIPS, CREATIVE RESIDENCIES, PERFORMANCE AND EXHIBITION OPPORTUNITIES, 1:1 MENTORSHIPS, AND DISCIPLINE-SPECIFIC AND SKILLS-BASED TRAINING WORKSHOPS AND MICROGRANTS FOR CREATIVE PROJECT SUPPORT OR EMERGENCY RELIEF. ARTISTS CONNECT TO THESE OPPORTUNITIES AND TO MORE THAN 5,000 FELLOW YOUNGARTS WINNERS THROUGH A DEDICATED DIGITAL PORTAL. THROUGH THIS RESOURCE AND OTHER PROGRAMS, MORE THAN 1,300 PAST WINNERS PARTICIPATED IN PROGRAMS IN FISCAL YEAR 2025. OVERALL, PROGRAMMING RESULTED IN MORE THAN $1.3 MILLION IN FUNDS DISTRIBUTED TO ARTISTS DURING FY25.
    Expenses $1,197,997 · grants $319,106
  • PAST WINNERS RECEIVED ACCESS TO MICROGRANTS FOR CREATIVE PROJECT SUPPORT OR EMERGENCY RELIEF. 187 CREATIVE MICROGRANTS, 63 EMERGENCY MICROGRANTS, AND 26 LA EMERGENCY MICROGRANTS WERE AWARDED.
    Expenses $410,000 · grants $410,000
  • OTHER PROGRAMS INCLUDING EXHIBITIONS, PERFORMANCES, RESIDENCIES, MICROGRANTS AND PROFESSIONAL DEVELOPMENT WORKSHOPS.
    Expenses $4,749,408

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
59-2141837
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
1982
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$65,467,986
Income (IRS master file)
$33,903,586

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$13,778,444$12,851,230$65,467,986IRS
990June 2024$12,404,035$11,972,010$60,477,417IRS
990-TJune 2024–––IRS
990June 2023$11,956,692$10,143,410$56,119,714XML
990-TJune 2023–––IRS
990June 2022$12,328,830$8,432,319$53,586,119IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––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 59-2141837).

Questions about NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC

What is the EIN of NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC?
The employer identification number (EIN) of NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC is 59-2141837.
Is NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NATIONAL FOUNDATION FOR ADVANCEMENT IN 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 NATIONAL FOUNDATION FOR ADVANCEMENT IN 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 NATIONAL FOUNDATION FOR ADVANCEMENT IN 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 NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC?
The 990 for the year ended June 30, 2025 names CLIVE CHANG.
Who are the officers and directors of NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC?
The 990 for the year ended June 30, 2025 lists 37 people; 9 received compensation from the organization, the highest $652,479 (CLIVE CHANG, PRESIDENT).
How much revenue does NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $13,778,444, expenses of $12,851,230 and total assets of $65,467,986 at year end.

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