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CHICAGO, IL

Terra Foundation For American Art

Quick Facts

EIN
362999442
Location
CHICAGO, IL
Category
Philanthropy & Grantmaking
Total Assets
$602.9M
Annual Income
$279.8M
IRS Ruling Year
2003
Organization Type
Corporation
Principal Officer
% Donald H Ratier
Tax Deductibility
Contributions are deductible

About This Foundation

Terra Foundation For American Art is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2003. The principal officer is % Donald H Ratier. It holds total assets of $602.9M. Annual income is reported at $279.8M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$19.5M

2023+0%

Total Assets

$583.8M

2023+0%

Fair Market Value

N/A

2023

Net Worth

$564.5M

2023

Grants Paid

N/A

2023

Contributions

$36K

2023

Net Investment Income

$3.2M

2023

Distribution Amount

$18.5M

2023

Total Giving by Year

$13.9M
10
$10.8M
11
$17M
12
$14.3M
13
$16M
14
$16M
15
$20.6M
17
$21.1M
18
$18.4M
19
$20.5M
20
$27.1M
21
$19.5M
22
$19.5M
23

Asset Growth

$444.8M
10
$429.3M
11
$525.6M
12
$563.6M
13
$563.7M
14
$563.7M
15
$579.3M
17
$577.9M
18
$545.3M
19
$631.5M
20
$559.1M
21
$583.8M
22
$583.8M
23

Financial Details (2023)

Total Revenue
$449K
Total Expenses
$19.5M
Required Distribution
$18.5M
Total Liabilities
$19.3M

Grantmaking Insights

Total Grants

50

Total Giving

$7M

Average Grant

$140K

Median Grant

$125K

Grant Range

Min$75K
Max$350K
Median: $125K
Smallest grantLargest grant

Geographic Distribution of Grants

AK
ME
VT
NH
WA
WA: $100K (1)
ID
MT
ND
MN
MN: $100K (1)
WI
MI
NY
NY: $2.1M (15)
MA
MA: $350K (2)
CT
CT: $100K (1)
RI
OR
NV
WY
SD
IA
IL
IL: $449K (4)
IN
OH
OH: $300K (2)
PA
PA: $375K (3)
NJ
CA
CA: $400K (2)
UT
CO
NE
MO
KY
WV
VA
MD
MD: $200K (1)
DE
DE: $200K (1)
DC
DC: $618K (3)
AZ
NM
NM: $148K (1)
KS
AR
TN
TN: $145K (1)
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
NY$2.1M (15)
DC$618K (3)
IL$449K (4)
CA$400K (2)
PA$375K (3)
MA$350K (2)

Past Grantees

RecipientLocationAmountYear
Grey Art Museum NyuART EDUCATIONNew York, NY$350K2023
National Museum Of The American Indian - New YorkART EDUCATIONWashington, DC$250K2023
LaxartART EDUCATIONLos Angeles, CA$250K2023
Museum Of Fine Arts BostonART EDUCATIONBoston, MA$250K2023
The Isamu Noguchi Foundation And Garden MuseumART EDUCATIONLong Island City, NY$250K2023
Whitney Museum Of American ArtART EDUCATIONNew York, NY$250K2023
Winterthur Museum Garden And LibraryART EDUCATIONWinterthur, DE$200K2023
The Baltimore Museum Of ArtART EDUCATIONBaltimore, MD$200K2023
Cincinnati Art MuseumART EDUCATIONCincinnati, OH$200K2023
Smithsonian American Art Museum And The Renwick GalleryART EDUCATIONWashington, DC$200K2023
The National GalleryART EDUCATIONLondon$175K2023
Kunst-Werke Berlin E V Kw Institute For Contemporary ArtART EDUCATIONBerlin$175K2023
Smithsonian American Art Museum And The Renwick GalleryART EDUCATIONWashington, DC$168K2023
University Of OxfordART EDUCATIONOxford$164K2023
Hamburger KunsthalleART EDUCATIONHamburg$150K2023
El Museo Del BarrioART EDUCATIONNew York, NY$150K2023
Pennsylvania Academy Of The Fine ArtsART EDUCATIONPhiladelphia, PA$150K2023
Japanese American National MuseumART EDUCATIONLos Angeles, CA$150K2023
Kunstmuseum BaselART EDUCATIONBasel$150K2023
Museum Of International Folk ArtART EDUCATIONSanta Fe, NM$148K2023
Mcclung Museum Of Natural History & CultureART EDUCATIONKnoxville, TN$145K2023
The Brooklyn RailART EDUCATIONBrooklyn, NY$125K2023
Institute Of Contemporary Art (Ica) University Of PennsylvaniaART EDUCATIONPhiladelphia, PA$125K2023
The Brooklyn RailART EDUCATIONBrooklyn, NY$125K2023
Museum Of Contemporary Art ChicagoART EDUCATIONChicago, IL$125K2023
American Folk Art MuseumART EDUCATIONNew York, NY$125K2023
Musee Des Beaux-Arts De MontrealART EDUCATIONMontreal$125K2023
Black Metropolis Research ConsortiumART EDUCATIONChicago, IL$112K2023
Floating MuseumART EDUCATIONChicago, IL$110K2023
Hyde Park Art CenterART EDUCATIONChicago, IL$102K2023
Woodmere Art MuseumART EDUCATIONPhiladelphia, PA$100K2023
Voices In Contemporary ArtART EDUCATIONNew York, NY$100K2023
The Rose Art MuseumART EDUCATIONWaltham, MA$100K2023
Yale University Art GalleryART EDUCATIONNew Haven, CT$100K2023
Independent Curators InternationalART EDUCATIONNew York, NY$100K2023
Contemporary Arts CenterART EDUCATIONCincinnati, OH$100K2023
Northwest Museum Of Arts And CultureART EDUCATIONSpokane, WA$100K2023
Minneapolis Institute Of ArtART EDUCATIONMinneapolis, MN$100K2023
Mccord Stewart MuseumART EDUCATIONMontreal$97K2023
Courtauld Institute Of ArtART EDUCATIONLondon$95K2023
Contemporary And (C&)ART EDUCATIONBerlin$86K2023
Bard Graduate CenterART EDUCATIONNew York, NY$86K2023
Humboldt-Universitt Zu BerlinART EDUCATIONBerlin$82K2023
El Museo Del BarrioART EDUCATIONNew York, NY$82K2023
Freie Universitt Berlin - John-F-Kennedy-Institut Fr NordamerikastudienART EDUCATIONBerlin$80K2023
American Academy In RomeART EDUCATIONNew York, NY$80K2023
Kunstinstituut MellyART EDUCATIONRotterdam$78K2023
Friends Of GanondaganART EDUCATIONVictor, NY$78K2023
American Academy In RomeART EDUCATIONNew York, NY$76K2023
Cooper Hewitt National Design MuseumART EDUCATIONNew York, NY$75K2023

990-PF Filings

Tax PeriodReturn TypeView
2023-06990PFView Filing
2022-06990PFView Filing
2021-06990PFView Filing
2020-06990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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