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Arison Arts Foundation

Foundation · Grantmaker Coral Gables, FL EIN: 13-7450689 Website

The Arison Arts Foundation is a private independent foundation established in 2005 and based in Coral Gables, Florida. The foundation is dedicated to nurturing and supporting young artists as they pursue their dreams, with a focus on emerging artists in visual, literary, design, and performing arts, as well as the institutions that foster and nurture them.

Key facts about Arison Arts Foundation

EIN
13-7450689
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$38,751,540
Grants made (2024)
130
Average grant
$298,089
Median grant
$30,000
New grantees (estimate)
32% first-time grantees (41 of 130, 2024)
Total assets
$381,157,410
Primary geography
Florida (52% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Arison Arts Foundation funds

By grant dollars, the top recipient states for Arison Arts Foundation's 130 itemized 2024 grants were Florida (52%) and New York (40%). The most frequent recipient cities were New York, NY (59 grants), Brooklyn, NY (14 grants), Miami, FL (11 grants) and Miami Beach, FL (4 grants). 100% of grants with a stated purpose were for general or operating support.

Is Arison Arts Foundation open to new grantees?

32%

first-time grantees, 2024

In 2024, 41 of 130 grantees (32%) were first-time recipients. First grants averaged $52K; repeat grants $412K. How we count

Medians: $15K first-time, $63K repeat.

  • 62% of 2024 grantees were also funded in 2023. Method
  • Giving grew 72% from 2021 to 2024. Method
  • In 2024 it paid out 176% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$381.2M

-6.3% YoY

Annual Giving

$38.8M

+30.6% YoY

Grant Count

130

+19.3% YoY

Avg Grant Size

$298K

+9.5% YoY

Under IRS private-foundation payout rules, Arison Arts Foundation reported a distributable amount of $22.4M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary focus areas include:

  • Supporting emerging artists in underserved communities
  • Arts education programs
  • Visual, literary, design, and performing arts
  • Institutions that foster and nurture artists

Under the leadership of Sarah Arison, the foundation has expanded its priorities to include aggressive support for emerging artists in underserved communities. While the foundation supports organizations of all sizes, large cultural landmarks number significantly among its grantees and receive the largest sums.

Grantmaking

The foundation operates through a private, invitation-only grant-making process. The foundation does not have a public website and does not accept unsolicited proposals.

Grant Range

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • New York
  • Florida
  • California

With particular emphasis on New York City and Miami.

Grant Distribution by State

20states

Share of all 130 itemized 2024 grant dollars.

Cities

New YorkBrooklynMiamiMiami BeachLong Island CityLos AngelesAspenWashingtonBecketChicagoPark CityPleasantvilleSnowmass VillageAtlantaNew HavenNew York CityQueensRocklandMarfaNewark

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $381,157,410
  • Total revenues: $21,343,622
  • Total expenses: $45,858,800

Assets & Revenue (2023):

  • Total assets: $407,000,000
  • Total revenues: $15,300,000
  • Total expenses: $38,600,000

Total Liabilities: $0

Staffing: The foundation operates with 2 employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24M$49M$73M$98M20202021202220232024
Metric202420232022
Total Assets$381,157,410$406,877,897$423,109,244
Revenue$21,343,622$15,345,445$51,525,223
Expenses$45,858,800$38,635,187$41,413,382
Qualifying Distributions$39,257,917$29,969,305$29,274,811
Net Investment Income$14,194,397$7,128,103$39,925,307
Distributable Amount$22,353,487$21,597,666$22,159,479

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$19M$29M$39M60 grants202070 grants202187 grants2022109 grants2023130 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

New World Symphony Inc: $10.2MNew World Symphony Inc$10.2MNational Foundation for Advancement in the Arts Inc: $5.5MNational Foundation forAdvancement in the Arts Inc$5.5MBallet Theatre Foundation Inc: $4.8MBallet Theatre Foundation Inc$4.8MNational Youngarts Foundation Supporting Organization: $2.6MNational Youngarts FoundationSupporting Organization$2.6MMuseum of Modern Art: $1.9MMuseum of Modern Art$1.9MPS1 Contemporary Art Center Inc: $1.8MPS1 Contemporary Art CenterInc$1.8MLincoln Center for the Performing Arts Inc: $1.3MLincoln Center for thePerforming Arts Inc$1.3MBaryshnikov Arts Center Inc: $1.0MBaryshnikov Arts Center Inc$1.0MMiami City Ballet Inc: $1.0MMiami City Ballet Inc$1.0MAspen Art Museum: $666KAspen Art Museum$666K

Grant Size Distribution

456 grants across all recorded years

258<$50K50$50–100K73$100–250K27$250–500K12$500K–1M28$1–5M8$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include New World Symphony Inc ($10,194,000), National Foundation for Advancement in the Arts Inc ($5,526,979), Ballet Theatre Foundation Inc ($4,800,000).

RecipientPurposeAmount
NEW WORLD SYMPHONY INC Miami Beach, FLGENERAL SUPPORT$10,194,000
NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC Miami, FLGENERAL SUPPORT$5,526,979
BALLET THEATRE FOUNDATION INC New York, NYGENERAL SUPPORT$4,800,000
NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION Miami, FLGENERAL SUPPORT$2,590,939
MUSEUM OF MODERN ART New York, NYGENERAL SUPPORT$1,894,000
PS1 CONTEMPORARY ART CENTER INC Long Island City, NYGENERAL SUPPORT$1,822,118
LINCOLN CENTER FOR THE PERFORMING ARTS INC New York, NYGENERAL SUPPORT$1,275,000
BARYSHNIKOV ARTS CENTER INC New York, NYGENERAL SUPPORT$1,025,000
MIAMI CITY BALLET INC Miami Beach, FLGENERAL SUPPORT$1,000,000
ASPEN ART MUSEUM Aspen, COGENERAL SUPPORT$665,500

Leadership & Key People

Leadership team and compensation from IRS filings

Key Personnel:

  • Sarah Arison - President (Co-Afo LLC)
  • John J O'Neil - Trustee
  • Harry Hersh - Trustee
  • Richard Kohan - Principal Officer (Afo LLC)

The foundation is governed by 4 officers and trustees.

Compensation Overview

From 2024 IRS filing

Wells Fargo Bank NA — Trustee: $690KWells Fargo Bank NATrustee$690KSarah Arison Co Afo LLC — President: $98KSarah Arison Co Afo LLCPresident$98K

From 2024 IRS filing

NameTitleHoursCompensation
Sarah Arison Co Afo LLCPresident55$97,500
John J O'Neil Co Afo LLCAVP/Assistant Treasurer0.5—
Richard L Kohan Co Afo LLCAVP/Treasurer/Secretary1.5—
Wells Fargo Bank NATrustee5$689,587

Recent News & Activity

Recent developments and announcements

New World Symphony received a $30 million endowment gift from the Arison Arts Foundation

New World Symphony receives $30 Million Endowment Gift from the Arison Arts

American Ballet Theatre received a $500,000 matching gift from the Arison Arts Foundation

ABT News - American Ballet Theatre

The YoungArts Lin Arison Excellence in Writing Award is presented annually through the foundation's support

Honor Giardini Receives 2025 YoungArts Lin Arison Excellence in Writing Award

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Arison Arts Foundation fund?

The foundation's primary focus areas include: • Supporting emerging artists in underserved communities • Arts education programs • Visual, literary, design, and performing arts • Institutions that foster and nurture artists Under the leadership of Sarah Arison, the foundation has expanded its priorities to include aggressive support for emerging artists in underserved communities. While the foundation supports organizations of all sizes, large cultural landmarks number significantly among its g…

How do I apply for a grant from Arison Arts Foundation?

**Grant Process:** The foundation operates through a private, invitation-only grant-making process. The foundation does not have a public website and does not accept unsolicited proposals. **Grant Sizes:** • Grant range: $750 to $10,194,000 • Median grant: $25,000 • Most grants stay under $1,000,000 **Recent Grant Activity:** In 2024, the foundation made 40 grants totaling $36,505,422. Notable recent grants include: • New World Symphony: $10,194,000 (General Support) • YoungArts: $5,526,979 (Ge…

Where does Arison Arts Foundation make grants?

The foundation primarily funds organizations in: • New York • Florida • California With particular emphasis on New York City and Miami.

What size grants does Arison Arts Foundation award?

In 2024, Arison Arts Foundation awarded 130 grants totaling $38.8M — an average of about $298K per grant, based on its IRS Form 990 filings.

How much is Arison Arts Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Arison Arts Foundation reported a distributable amount of $22.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Arison Arts Foundation's EIN?

Arison Arts Foundation's EIN (Employer Identification Number) is 13-7450689. IRS Form 990 filing data is available on this page for 2020–2024.

Does Arison Arts Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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