Aspect Foundation for Music and Arts logo

Aspect Foundation for Music and Arts

Private foundation · Grantmaker New York, NY EIN: 81-2604118 Website

Enhancing and promoting music and arts, cultivating connections among the artist, the music, and the audience, while fostering the future of music and the arts all for the benefit of the public.

Key facts about Aspect Foundation for Music and Arts

In short: Aspect Foundation for Music and Arts gave $31K across 4 grants in 2025 (avg $8K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
81-2604118
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$31,000
Grants made (2025)
4
Average grant
$7,750
Median grant
$5,000
Total assets
$18,626
Primary geography
Massachusetts (65% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$19K

Annual Giving

$31K

Grant Count

4

Avg Grant Size

$8K

About Aspect Foundation for Music and Arts

Based on IRS filings

Aspect Foundation for Music and Arts is a private foundation focused on Arts, Culture & Humanities, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $19K in total assets. In 2025, it awarded 4 grants totaling $31K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

BronxBrooklynDanvers

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2020 4 grants2025

In 2025 it made 4 grants totaling $31K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Artsland Foundation Inc: $20KArtsland Foundation Inc$20KBronx School for Music Inc: $5KBronx School for Music Inc$5KKrymov Lab Inc: $5KKrymov Lab Inc$5KCon-Solatio: $1KCon-Solatio$1K

The largest 2025 recipient was Artsland Foundation Inc ($20K). Together the top 4 received $31K.

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Artsland Foundation Inc Danvers, MAGeneral Support$20,000
Bronx School for Music Inc Bronx, NYSupport the Aspect Music Foundation Scholar Program$5,000
Krymov Lab Inc Bronx, NYGeneral Support$5,000
Con-Solatio Brooklyn, NYGeneral Support$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$100K$200K$300K$400K2020 2025
Metric20252020
Total Assets$18,626$16,641
Revenue$293,068$84,998
Expenses$301,108$84,112
Qualifying Distributions$300,591—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 6, 2026)

Leadership & Key People

Officers and directors from IRS filings

Aspect Foundation for Music and Arts is led by Irina Knaster, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Irina Knaster

    President

    On filings since 2020

    30 hrs/week

    No compensation reported

  • Felix Friedman

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sebastian Johnston

    Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Olga Alter (2020) — Treasurer

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Aspect Foundation for Music and Arts

How much does Aspect Foundation for Music and Arts give each year?

Aspect Foundation for Music and Arts gave $31K across 4 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Aspect Foundation for Music and Arts's typical grant size?

Aspect Foundation for Music and Arts's median grant in 2025 was $5,000, and its average grant was $7,750, across 4 grants on its 2025 IRS Form 990-PF.

Where does Aspect Foundation for Music and Arts give grants?

Aspect Foundation for Music and Arts gives mostly in Massachusetts: 65% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (35%). The most frequent recipient cities were Bronx, NY (2 grants).

Does Aspect Foundation for Music and Arts give general operating support?

Yes: 75% of Aspect Foundation for Music and Arts's 2025 grants with a stated purpose (3 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Aspect Foundation for Music and Arts?

Aspect Foundation for Music and Arts reported $19K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $293K.

What is Aspect Foundation for Music and Arts?

Aspect Foundation for Music and Arts is a private foundation focused on Arts, Culture & Humanities, based in New York, NY. It holds $19K in total assets as of 2025.

What is Aspect Foundation for Music and Arts's EIN?

Aspect Foundation for Music and Arts's EIN (Employer Identification Number) is 81-2604118. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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