Blue Butterfly Arts & Media is a private foundation focused on Arts, Culture & Humanities, based in NEWARK, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it made $12K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12K
+91.6% YoY
Revenue
$20K
-37.7% YoY
Qualifying Distributions
$12K
-55.4% YoY
Expenses
$14K
-48.9% YoY
Under IRS private-foundation payout rules, Blue Butterfly Arts & Media reported a distributable amount of $447 for 2024 — the minimum it must pay out in qualifying distributions.
About Blue Butterfly Arts & Media
Based on IRS filings
Blue Butterfly Arts & Media is a private foundation focused on Arts, Culture & Humanities, based in NEWARK, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it made $12K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,013 | $6,270 | $2,689 |
| Revenue | $19,635 | $31,523 | $6,959 |
| Expenses | $14,267 | $27,942 | $4,270 |
| Qualifying Distributions | $12,467 | $27,942 | $4,270 |
| Net Investment Income | — | — | — |
| Distributable Amount | $447 | $532 | $120 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Celeste A Bateman | President | 20 | — |
| Jamil AC Mangan | Vice President | 1 | — |
| Felicia A Bateman | Treasurer | 1 | — |
| Patricia Faison | Secretary | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Blue Butterfly Arts & Media?
Blue Butterfly Arts & Media is a private foundation focused on Arts, Culture & Humanities, based in NEWARK, NJ. It holds $12K in total assets as of 2024.
How large is Blue Butterfly Arts & Media?
As of 2024, Blue Butterfly Arts & Media holds $12K in total assets with $20K in annual revenue.
How much is Blue Butterfly Arts & Media required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Blue Butterfly Arts & Media reported a distributable amount of $447 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Blue Butterfly Arts & Media's EIN?
Blue Butterfly Arts & Media's EIN (Employer Identification Number) is 87-4504131. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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