Foundation for Contemporary Arts Inc.
Foundation for Contemporary Arts Inc.
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About this organization
Mission
To assist and encourage innovation, experimentation, and potential in the arts
About
Grants to artists: These unrestricted, $40,000 cash awards are intended to provide recipients with the financial means to engage in whatever artistic endeavors they wish to pursue. Recipients are chosen annually through a confidential nomination and selection process. The foundation invites dozens of artists and arts professionals to serve as nominators and to propose anonymously one exceptional individual, collective, or performing group whom they believe deserves and would benefit from a substantial award. Then, a separate selection committee' of artists and arts professionals selects grantees based on the merit and imaginativeness of their work and the impact such recognition and support might have at this point in their careers. In 2018, a total of 18 grants were made to individual artists. Within grants to artists are 5 endowed awards, the Roy Lichtenstein, Robert Rauschenberg, Dorothea Tanning and C.D. Wright awards (all annual), the Merce Cunningham award (biennial) and one annually supported award, the Cy Twombly award for poetry, are made through grants to artists, in memory of their namesakes. In 2018, 5 named grants were respectively made to individual artists.
Interesting data from their 2020 990 filing
The purpose of the non-profit is outlined in the filing as “Since its inception in 1963, foundation for contemporary arts' mission has been to encourage, sponsor and promote innovative work in the arts created and presented by individuals, groups and organizations. through a nomination process, individual artists, collectives and performing groups working in dance, music/sound, theater/performance art, poetry and visual arts are awarded unrestricted grants for projects of their own choosing. grants are also given to presenting and support organizations and a modest fund is maintained to help artists with unexpected emergencies.”.
When discussing its operations, they were defined as: “To assist and encourage innovation, experimentation, and potential in the arts”.
- The state where the non-profit operates has been legally reported as NY.
- The filing indicates that the non-profit's address in 2020 is located at 820 GREENWICH STREET 4TH FLOOR, NEW YORK, NY, 10014.
- The non-profit has reported 10 employees on their form as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,502,067.
- The organization has 11 independent voting members.
- The organization was formed in 1963.
- The organization pays $512,033 in salary, compensation, and benefits to its employees.
- The organization pays $205,417 in fundraising expenses.