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Nonprofit · EIN 94-3165716

FOUNDATION FOR GLOBAL ARTS

Tax-exempt · WALNUT CREEK, CA 94597

Financials

$650K$1.2M2023$1.2M$844K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR GLOBAL ARTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,167,137$843,911$323,226$16,938,533$89$16,938,444
December 31, 2023990$650,129$1,178,020-$527,891$15,382,843$1,866$15,380,977
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$974,485
Program service revenue
$18,572
Investment income
$174,080
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$77,200
Salaries, compensation and benefits (total)
$77,200
Professional fundraising fees
$0
Accounting fees
$17,400
Occupancy
$13,188
Travel
$5,633
Program services (functional)
$660,568
Management and general (functional)
$67,788
Fundraising (functional)
$115,555

Balance sheet and other

Total assets, start of year
$15,382,843
Total assets, end of year
$16,938,533
Total liabilities, end of year
$89
Net assets, end of year
$16,938,444
Publicly traded securities
$6,335,581
Net assets without donor restrictions
$16,920,974
Net assets with donor restrictions
$17,470
Gross receipts
$1,167,137
Employees
0
Year formed
1992
State of legal domicile
CA

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.

NameTitleHours / weekCompensation
Kevin WalkerVice President
Officer
5$40,000
Kelly KaplanSecretary
Officer
10$37,200
Thomas FergusonChairman & Director
Trustee or director, Officer
0.5$0
David L TaubTreasurer & Director
Trustee or director, Officer
0.5$0
Diana P KernDirector
Trustee or director
0.5$0
Shand S StephensDirector
Trustee or director
0.5$0
Michael J PolenskeDirector
Trustee or director
0.5$0
Richard P WalkerPresident
Officer
20$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Kevin WalkerVice President
Officer
5$40,000
Kelly KaplanSecretary
Officer
10$33,600
Shand S StephensDirector
Trustee or director
0.5$0
Michael J PolenskeDirector
Trustee or director
0.5$0
Diana P KernDirector
Trustee or director
0.5$0
Thomas FergusonChairman & Director
Trustee or director, Officer
0.5$0
David L TaubTreasurer & Director
Trustee or director, Officer
0.5$0
Richard P WalkerPresident
Officer
20$0

Address and contacts

Address (IRS master file)
1350 TREAT BLVD STE 430, WALNUT CREEK, CA 94597-2284
In care of
% SIGN HERE
Signed the 990
SIGN HERE, President
Phone
(925) 914-8484
Return prepared by
John Courtney & Assoc CPAs

Mission

Promote mutual understanding between peoples of the United States and other countries; Promote cultural exchange and dialogue through programs involving music and the arts.

990 for the year ended December 31, 2024

Program accomplishments

  • Organization of performances and special events, support cultural exchange, and promote mutual understanding through music and the arts.
    Expenses $660,568

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-3165716
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99Z)
Assets (IRS master file)
$16,938,533
Income (IRS master file)
$1,167,137

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,167,137$843,911$16,938,533XML
990December 2023$650,129$1,178,020$15,382,843XML
990December 2022$2,532,197$905,307$14,395,730IRS
990December 2021–––IRS
990December 2020–––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 FOUNDATION FOR GLOBAL ARTS

What is the EIN of FOUNDATION FOR GLOBAL ARTS?
The employer identification number (EIN) of FOUNDATION FOR GLOBAL ARTS is 94-3165716.
Is FOUNDATION FOR GLOBAL ARTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to FOUNDATION FOR GLOBAL ARTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR GLOBAL ARTS 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 FOUNDATION FOR GLOBAL ARTS 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 FOUNDATION FOR GLOBAL ARTS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of FOUNDATION FOR GLOBAL ARTS?
The 990 for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $40,000 (Kevin Walker, Vice President).
How much revenue does FOUNDATION FOR GLOBAL ARTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,167,137, expenses of $843,911 and total assets of $16,938,533 at year end.

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