MARLBORO, VT
Jules Olitski Art Foundation Inc.
Quick Facts
- EIN
- 271147593
- Location
- MARLBORO, VT
- Category
- Philanthropy & Grantmaking
- Total Assets
- $72.7M
- Annual Income
- $362K
- IRS Ruling Year
- 2016
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Jules Olitski Art Foundation Inc. is a private corporation based in MARLBORO, VT. The foundation received its IRS ruling in 2016. It holds total assets of $72.7M. Annual income is reported at $362K. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$558K
2023+9%
Total Assets
$73.1M
2023+0%
Fair Market Value
$73.1M
2023
Net Worth
$73.1M
2023
Grants Paid
$15K
2023
Contributions
$0
2023
Net Investment Income
$150K
2023
Distribution Amount
$0
2023
Total Giving by Year
$2K
19$2K
20$60K
21$514K
22$558K
23Asset Growth
$167K
19$166K
20$160K
21$73.1M
22$73.1M
23Expense Breakdown (2023)
Officer Compensation$155K
Legal Fees$50K
Depreciation$46K
Pension & Benefits$21K
Grants Paid$15K
Accounting Fees$8K
Revenue Sources (2023)
- Capital Gains (Net)
- $128K
- Dividends
- $14K
- Interest
- $8K
Financial Details (2023)
- Total Revenue
- $150K
- Total Expenses
- $558K
- Exempt Purpose Expenses
- $512K
- Required Distribution
- $0
- Undistributed Income
- $0
- Total Liabilities
- $1
- Excise Tax
- $2K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
1
Total Giving
$15K
Average Grant
$15K
Median Grant
$15K
Grant Range
Min$15K
Max$15K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $15K (1)
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
NY$15K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Art Students LeagueGENERAL SUPPORT | New York, NY | $15K | 2023 |
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
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