PHILADELPHIA, PA
Forman Arts Initiative Inc.
Quick Facts
- EIN
- 83-2902185
- Location
- PHILADELPHIA, PA
- Category
- Arts & Culture
- NTEE Code
- A51
- Total Assets
- $86.4M
- Annual Income
- $13M
- Annual Revenue
- N/A
- IRS Ruling Year
- 2024
- Tax Subsection
- 501(c)(03)
About This Organization
Forman Arts Initiative Inc. is a nonprofit organization based in PHILADELPHIA, PA. It received its IRS tax-exempt ruling in 2024. The organization is classified under IRC Section 501(c)(03). It operates in the area of arts & culture. Total assets are reported at $86.4M. Annual income is $13M. The organization has received $35.9M in foundation grants from 1 funder.
Grants Received from Foundations
Foundation grants awarded to Forman Arts Initiative Inc., based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Forman Fam Foundation Trust 12112013 | $5.5M | 2022 | GRANT TO FAI FOR ART PURCHASE |
| Forman Fam Foundation Trust 12112013 | $5.5M | 2022 | GRANT TO FAI FOR ART PURCHASE |
| Forman Fam Foundation Trust 12112013 | $12.5M | 2020 | THIS GRANT IS INTENDED TO PROVIDE THE FORMAN ARTS INITIATIVE FUNDS TO ACQUIRE UNTITLED DSS 137 SCULPTURE BY DONALD JUDD IN FURTHERING THE ORGANIZATION'S MISSION. |
| Forman Fam Foundation Trust 12112013 | $12.5M | 2020 | THIS GRANT IS INTENDED TO PROVIDE THE FORMAN ARTS INITIATIVE FUNDS TO ACQUIRE UNTITLED DSS 137 SCULPTURE BY DONALD JUDD IN FURTHERING THE ORGANIZATION'S MISSION. |
Frequently Asked Questions
What does Forman Arts Initiative Inc. do?
Forman Arts Initiative Inc. is a nonprofit organization focused on arts & culture, based in PHILADELPHIA, PA. It is classified under IRC Section 501(c)(03).
Who funds Forman Arts Initiative Inc.?
Forman Arts Initiative Inc. has received foundation grants from Forman Fam Foundation Trust 12112013, and others.
What is Forman Arts Initiative Inc.'s annual revenue?
Forman Arts Initiative Inc. reports total assets of $86.4M. Annual income is $13M.
Where is Forman Arts Initiative Inc. located?
Forman Arts Initiative Inc. is located in PHILADELPHIA, PA.
Is Forman Arts Initiative Inc. a 501(c)(3)?
Yes, Forman Arts Initiative Inc. is a 501(c)(3) tax-exempt organization. Its EIN is 83-2902185. Donations to this organization may be tax-deductible.
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