Floating Museum is an arts collective that creates new models exploring relationships between art, community, architecture, and public institutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2M
+5.3% YoY
Annual Giving
$6K
Grant Count
1
Avg Grant Size
$6K
About Floating Museum NFP
Based on IRS filings
Floating Museum NFP is a nonprofit organization focused on Arts, Culture & Humanities, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $41K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,206,695 | $3,046,539 | $529,061 |
| Revenue | $1,064,056 | $3,001,674 | $467,822 |
| Expenses | $1,145,212 | $446,446 | $219,728 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $40,579 | $13,411 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Spaceshift Collective LLC ($6,250).
| Recipient | Purpose | Amount |
|---|---|---|
| Spaceshift Collective LLC Chicago, IL | — | $6,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Faheem Majeed | Exec Dir/Pres | 40 | — |
| Jeremiah Hulsebos Spofford | Treasurer | 2 | — |
| Andrew Schachman | Secretary | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Floating Museum NFP?
Floating Museum NFP is a nonprofit organization focused on Arts, Culture & Humanities, based in CHICAGO, IL. It holds $3.2M in total assets as of 2024.
How large is Floating Museum NFP?
As of 2024, Floating Museum NFP holds $3.2M in total assets with $1.1M in annual revenue. It awarded 1 grants totaling $6K in 2024.
Where does Floating Museum NFP operate?
Floating Museum NFP has awarded grants in Illinois.
What size grants does Floating Museum NFP award?
In 2024, Floating Museum NFP awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.
What is Floating Museum NFP's EIN?
Floating Museum NFP's EIN (Employer Identification Number) is 81-3014324. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Floating Museum NFP's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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