Nonprofit · EIN 95-4442307
FREDERICK R WEISMAN ART FOUNDATION
Tax-exempt · LOS ANGELES, CA 90077
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $7,783,412 | $3,408,040 | $4,375,372 | $109,728,990 | $337,291 | $109,391,699 |
| December 31, 2023 | 990-PF | $3,889,202 | $3,175,032 | $714,170 | $105,538,192 | $166,905 | $105,371,287 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,547,895
- Dividends
- $1,276,205
- Interest
- $1,302,993
- Net gain from sales of assets
- $2,784,428
- Other income
- -$128,109
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $634,258
- Salaries, compensation and benefits (total)
- $273,600
- Disbursements for charitable purposes
- $2,645,962
- Excise tax on investment income
- $64,582
Balance sheet and other
- Total assets, start of year
- $105,538,192
- Total assets, end of year
- $109,728,990
- Total liabilities, end of year
- $337,291
- Net assets, end of year
- $109,391,699
- Fair market value of assets
- $1,014,386,281
- Qualifying distributions
- $2,645,962
- Net investment income
- $5,323,139
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILLIE MILAM WEISMAN 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | PRESIDENT, D | 40 | $357,497 |
| COREY HANKER 6131 MISSION DRIVE, WEST BLOOMFIELD, MI 48324 | CHIEF INVSTM | 40 | $150,000 |
| SEAN GRAY 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | MANAGER | 40 | $126,761 |
| KATHRYN GALLAHER 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | ADMINISTRATO Highest-paid employee | 40 | $71,474 |
| ELIZABETH RUBIO 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | SUPERVISOR Highest-paid employee | 40 | $65,741 |
| ABRAHAM SUSKIND 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | ASSISTANT RE Highest-paid employee | 40 | $58,554 |
| SYDNEY RUIZ PICASSO 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | SECRETARY | 0 | $0 |
| SCOTT STOVER 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | TREASURER | 0 | $0 |
| ARDY ESMAELI CPA 2535 TOWNSGATE RD STE 100, WESTLAKE VILLAGE, CA 91361 | INTERIM CFO | 0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILLIE MILAM WEISMAN 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | PRESIDENT, D | 0 | $356,677 |
| SEAN GRAY 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | MANAGER | 0 | $113,961 |
| KATHRYN GALLAHER 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | ADM ASSISTAN Highest-paid employee | 0 | $71,448 |
| ELIZABETH RUBIO 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | SUPERVISOR Highest-paid employee | 0 | $65,716 |
| SYDNEY PICASSO 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | SECRETARY | 0 | $0 |
| FREDERICK M NICHOLAS 275 N CAROLWOOD DRIVE, LOS ANGELES, CA 90077 | TREASURER | 0 | $0 |
| LARRY NATHANSON CPA 2659 TOWNSGATE RD STE 134, WESTLAKE VILLAGE, CA 91361 | CHIEF FIN. O | 0 | $0 |
| COREY HANKER 6131 MISSION DRIVE, WEST BLOOMFIELD, MI 48324 | CHIEF INVSTM | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 265 N CAROLWOOD DR, LOS ANGELES, CA 90077-3535
- In care of
- % ACCOUNTING OFFICE
- Signed the 990-PF
- BILLIE MILAM WEISMAN, PRESIDENT, DIRECTOR
- Phone
- (310) 285-5288
- Website
- WWW.WEISMANFOUNDATION.ORG
- Return prepared by
- FINTAX ADVISORS PC
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4442307 or by the name FREDERICK R WEISMAN ART FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 95-4442307
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A51Z)
- Assets (IRS master file)
- $109,728,990
- Income (IRS master file)
- $27,876,766
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $7,783,412 | $3,408,040 | $109,728,990 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $3,889,202 | $3,175,032 | $105,538,192 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | January 2021 | – | – | – | IRS |
| 990-T | January 2021 | – | – | – | 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 95-4442307).
Questions about FREDERICK R WEISMAN ART FOUNDATION
- What is the EIN of FREDERICK R WEISMAN ART FOUNDATION?
- The employer identification number (EIN) of FREDERICK R WEISMAN ART FOUNDATION is 95-4442307.
- Is FREDERICK R WEISMAN ART FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to FREDERICK R WEISMAN ART FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does FREDERICK R WEISMAN ART FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FREDERICK R WEISMAN ART FOUNDATION 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 FREDERICK R WEISMAN ART FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of FREDERICK R WEISMAN ART FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 9 people; 6 received compensation from the organization, the highest $357,497 (BILLIE MILAM WEISMAN, PRESIDENT, D).
- How much revenue does FREDERICK R WEISMAN ART FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $7,783,412, expenses of $3,408,040 and total assets of $109,728,990 at year end.
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