NEW YORK, NY
Joan Mitchell Foundation Inc.
Quick Facts
- EIN
- 113161054
- Location
- NEW YORK, NY
- Category
- Arts & Culture
- Total Assets
- $181.9M
- Annual Income
- $53.1M
- IRS Ruling Year
- 1998
- Organization Type
- Corporation
- Principal Officer
- % Christa Blatchford
- Tax Deductibility
- Contributions are deductible
About This Foundation
Joan Mitchell Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1998. The principal officer is % Christa Blatchford. It holds total assets of $181.9M. Annual income is reported at $53.1M. The foundation operates in the area of arts & culture. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$8.1M
2023+1%
Total Assets
$162.8M
2023+11%
Fair Market Value
$577.3M
2023
Net Worth
$160.4M
2023
Grants Paid
$892K
2023
Contributions
$0
2023
Net Investment Income
$10M
2023
Distribution Amount
$0
2023
Total Giving by Year
$6.3M
11$7.5M
12$8M
13$9.2M
14$8.9M
15$8.4M
19$8.3M
20$8.3M
21$8M
22$8.1M
23Asset Growth
$73.2M
11$80M
12$102.9M
13$112.5M
14$119.6M
15$152.2M
19$155.4M
20$163.1M
21$146M
22$162.8M
23Investment Portfolio (2023)
Total: $87.5M
Corporate Stock: $49.2M
Corporate Bonds: $22.8M
Government Obligations: $15.5M
Other Investments: $34.8M
Cash: $332K
Corporate Stock (40%)
Corporate Bonds (19%)
Government Obligations (13%)
Other Investments (28%)
Cash (0%)
Expense Breakdown (2023)
Pension & Benefits$1.1M
Grants Paid$892K
Officer Compensation$697K
Depreciation$470K
Occupancy$365K
Travel & Conferences$234K
Legal Fees$224K
Accounting Fees$44K
Revenue Sources (2023)
- Capital Gains (Net)
- $7.2M
- Dividends
- $3.1M
- Other Income
- $1M
Financial Details (2023)
- Total Revenue
- $11.3M
- Total Expenses
- $8.1M
- Exempt Purpose Expenses
- $6.8M
- Required Distribution
- $0
- Undistributed Income
- $0
- Grants Approved (Future)
- $720K
- Total Liabilities
- $2.4M
- Excise Tax
- $139K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$543K
Average Grant
$11K
Median Grant
$10K
Grant Range
Min$2K
Max$30K
Median: $10K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
WA: $35K (2)
ID
MT
ND
MN
WI
WI: $15K (1)
MI
MI: $20K (1)
NY
NY: $115K (7)
MA
CT
RI
OR
NV
NV: $20K (1)
WY
SD
IA
IA: $10K (1)
IL
IL: $35K (3)
IN
OH
PA
PA: $10K (1)
NJ
CA
CA: $100K (5)
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
NM: $50K (2)
KS
AR
TN
NC
NC: $20K (1)
SC
OK
LA
LA: $88K (23)
MS
AL
GA
GA: $10K (1)
FL
HI
TX
NY$115K (7)
CA$100K (5)
LA$88K (23)
NM$50K (2)
WA$35K (2)
IL$35K (3)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kambui OlujimiPAINTERS & SCULPTORS 2021 GRANTEES | Queens, NY | $30K | 2022 |
| Rose SimpsonPAINTERS & SCULPTORS 2021 GRANTEES | Espanola, NM | $30K | 2022 |
| Emily GherardPAINTERS & SCULPTORS 2021 GRANTEES | Seattle, WA | $25K | 2022 |
| Luis Antonio FloresPAINTERS & SCULPTORS 2022 GRANTEES | Los Angeles, CA | $20K | 2022 |
| Luis TapiaPAINTERS & SCULPTORS 2021 GRANTEES | Santa Fe, NM | $20K | 2022 |
| Margaret CurtisPAINTERS & SCULPTORS 2021 GRANTEES | Tryon, NC | $20K | 2022 |
| Teresa BakerPAINTERS & SCULPTORS 2022 GRANTEES | Los Angeles, CA | $20K | 2022 |
| Scott HockingPAINTERS & SCULPTORS 2022 GRANTEES | Detroit, MI | $20K | 2022 |
| Justin FavelaPAINTERS & SCULPTORS 2021 GRANTEES | Las Vegas, NV | $20K | 2022 |
| Adam De BoerPAINTERS & SCULPTORS 2021 GRANTEES | Los Angeles, CA | $20K | 2022 |
| Angela HennessyPAINTERS & SCULPTORS 2021 GRANTEES | Oakland, CA | $20K | 2022 |
| Amaryllis D MoleskiPAINTERS & SCULPTORS 2022 GRANTEES | Roundtop, NY | $20K | 2022 |
| Chiffon Thomas Studios LlcPAINTERS & SCULPTORS 2022 GRANTEES | Inglewood, CA | $20K | 2022 |
| Maria BerrioPAINTERS & SCULPTORS 2021 GRANTEES | Brooklyn, NY | $20K | 2022 |
| Leslie Smith IiiPAINTERS & SCULPTORS 2022 GRANTEES | Madison, WI | $15K | 2022 |
| Ronny QuevedoPAINTERS & SCULPTORS 2021 GRANTEES | Bronx, NY | $15K | 2022 |
| Liza SylvestrePAINTERS & SCULPTORS 2021 GRANTEES | Champaign, IL | $15K | 2022 |
| Awilda Sterling-DupreyPAINTERS & SCULPTORS 2022 GRANTEES | San Juan, PR | $15K | 2022 |
| Rocio A RodriguezPAINTERS & SCULPTORS 2022 GRANTEES | Atlanta, GA | $10K | 2022 |
| Mie KongoPAINTERS & SCULPTORS 2021 GRANTEES | Evanston, IL | $10K | 2022 |
| Henry Francis Payer JrPAINTERS & SCULPTORS 2022 GRANTEES | Sioux City, IA | $10K | 2022 |
| Bethany Collins Studio LlcPAINTERS & SCULPTORS 2022 GRANTEES | Oak Park, IL | $10K | 2022 |
| Jonathan L ChasePAINTERS & SCULPTORS 2022 GRANTEES | Philadelphia, PA | $10K | 2022 |
| Irwin MorzanPAINTERS & SCULPTORS 2021 GRANTEES | Brooklyn, NY | $10K | 2022 |
| Chie FuekiPAINTERS & SCULPTORS 2021 GRANTEES | Beacon, NY | $10K | 2022 |
| Dawn CernyPAINTERS & SCULPTORS 2022 GRANTEES | Seattle, WA | $10K | 2022 |
| De Nieves IncPAINTERS & SCULPTORS 2021 GRANTEES | Brooklyn, NY | $10K | 2022 |
| Rontherin RatliffHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Elenora BrownHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Cecelia FernandesHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Eric WatersHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Cristina MolinaHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Panacea TheriacHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Brooke PickettHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Brittany RansomHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Annielaurie EricksonHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Gus BennettHURRICANE IDA RELIEF FUND | New Orleans, LA | $5K | 2022 |
| Jackie SummellHURRICANE IDA RELIEF FUND | New Orleans, LA | $4K | 2022 |
| Kenneth ScottHURRICANE IDA RELIEF FUND | New Orleans, LA | $4K | 2022 |
| Gabrielle G SteibARTIST STIPEND | Harahan, LA | $3K | 2022 |
| Joel ScilleyHURRICANE IDA RELIEF FUND | New Orleans, LA | $3K | 2022 |
| Cherice Harrison-NelsonHURRICANE IDA RELIEF FUND | New Orleasn, LA | $3K | 2022 |
| Matthew RosenbeckHURRICANE IDA RELIEF FUND | New Orleans, LA | $3K | 2022 |
| Josiah GagosianARTIST STIPEND | New Orleans, LA | $3K | 2022 |
| Erica WestenbergerHURRICANE IDA RELIEF FUND | New Orleans, LA | $3K | 2022 |
| Alvin Joseph Fillastre IvHURRICANE IDA RELIEF FUND | New Orleans, LA | $3K | 2022 |
| Patrick LeeHURRICANE IDA RELIEF FUND | New Orleans, LA | $3K | 2022 |
| Jose CottoARTIST STIPEND | New Orleans, LA | $2K | 2022 |
| Karla RosasARTIST STIPEND | New Orleans, LA | $2K | 2022 |
| Scott AndresenARTIST STIPEND | New Orleans, LA | $2K | 2022 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
See Similar Foundations
Arts & Culture
Glenstone Foundation
POTOMAC, MD
$3BArts & Culture
Arts & Culture
Lucas Museum Of Narrative Art
SAN FRANCISCO, CA
$1.5BArts & Culture
Arts & Culture
Art Bridges Inc.
BENTONVILLE, AR
$905MArts & Culture
Arts & Culture
Broad Art Foundation
LOS ANGELES, CA
$786.3MArts & Culture
Arts & Culture
Kimbell Art Foundation
FORT WORTH, TX
$759.3MArts & Culture
Arts & Culture
Shraman South Asian Museum And Learning Center Foundation
DALLAS, TX
$570.2MArts & Culture