Skip to main content

Nonprofit · EIN 92-2978311

DRAWING FOUNDATION INC

Tax-exempt · NEW YORK, NY 10003

Financials

$55K$31K2023$77K$89K2024$80K$72K2025
Revenue Expenses · by fiscal year end
Financials of DRAWING FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$80,487$72,102$8,385$20,970$0$20,970
December 31, 2024990-EZ$77,264$88,959-$11,695$12,585$0$12,585
December 31, 2023990-EZ$55,052$30,772$24,280$24,280$0$24,280
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$5,428
Membership dues
$7,858
Program service revenue
$67,201

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$30,369
Printing, publications and postage
$166
Other expenses
$41,567
Program services (functional)
$70,839

Balance sheet and other

Total assets, start of year
$12,585
Total assets, end of year
$20,970
Total liabilities, end of year
$0
Net assets, end of year
$20,970
Cash, savings and investments
$20,970
Gross receipts
$80,487

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SIMON LEVENSONPRESIDENT8$0
STEPHEN ONGPINSECRETARY1$0
ALAN TEMPLETONTREASURER1$0
ALLISON WUCHEREXECUTIVE DIRECTOR15$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ALLISON WUCHERTREASURER15$0
SIMON LEVENSONPRESIDENT8$0
STEPHEN ONGPINBOARD MEMBER1$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ALLISON WUCHERPRESIDENT10$0
SIMON LEVENSONVICE PRESIDENT10$0
STEPHEN ONGPINTREASURER2$0

Address and contacts

Address (IRS master file)
15 GRAMERCY PARK SOUTH 302, NEW YORK, NY 10003-1705
Signed the 990-EZ
ALLISON WUCHER, EXECUTIVE DIRECTOR
Phone
(650) 743-2334
Return prepared by
PRESTI & NAEGELE LLC

Mission

THE DRAWING FOUNDATION IS A COMMUNITY-FOCUSED NON-PROFIT DEDICATED TO THE STUDY AND APPRECIATION OF DRAWINGS. THE DRAWING FOUNDATION SEEKS TO CULTIVATE A NETWORK OF INDIVIDUALS INTERESTED IN AND PASSIONATE ABOUT DRAWINGS, CONNECTING ARTS PROFESSIONALS AND PRACTITIONERS TO EMERGING SCHOLARSHIP AND INNOVATIVE PROGRAMMING, AND TO EACH OTHER IN AN EFFORT TO PROMOTE ENGAGEMENT WITH DRAWING BOTH HISTORIC AND CONTEMPORARY PRACTICES AND ITS VARIOUS AUDIENCES. BY NURTURING A COMMUNITY OF INDIVIDUALS DEVOTED TO THIS FUNDAMENTAL FORM OF MARK-MAKING, THE DRAWING FOUNDATION WILL HELP FOSTER THE NEXT GENERATION OF SCHOLARS AND STUDENTS, CURATORS AND AUDIENCES, DEALERS AND COLLECTORS, AND ARTISTS AND ART-LOVERS.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • BEGAN A GALLERY PARTNERSHIP PROGRAM WHERE GALLERIES CAN PAY A NOMINAL FEE TO SUPPORT PROGRAMMING AND IN RETURN THEIR GALLERIES AND EVENTS ARE LISTED ON OUR WEBSITE.WE ORGANIZED TWO NEW MAJOR EVENTS: ON DRAWINGS AND THE DRAWING COMPETITION. ON DRAWINGS IS TWO DAYS OF DRAWING-FOCUSED LECTURES AND EXHIBITION TOURS IN NEW YORK CITY. THE DRAWING COMPETITION IS A FULL DAY LIFE-DRAWING EVENT WHERE ARTISTS DRAW FROM THE MODEL AND SUBMIT THEIR WORK TO A PANEL OF JUDGES FOR CASH AND MATERIAL PRIZES.
    Expenses $70,839

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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
92-2978311
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,970
Income (IRS master file)
$80,487

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$80,487$72,102$20,970IRS
990-EZDecember 2024$77,264$88,959$12,585IRS
990-EZDecember 2023$55,052$30,772$24,280XML

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 92-2978311).

Questions about DRAWING FOUNDATION INC

What is the EIN of DRAWING FOUNDATION INC?
The employer identification number (EIN) of DRAWING FOUNDATION INC is 92-2978311.
Is DRAWING FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to DRAWING FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DRAWING 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 DRAWING 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 DRAWING FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of DRAWING FOUNDATION INC?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does DRAWING FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $80,487, expenses of $72,102 and total assets of $20,970 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · Arts, culture and humanities