Foundation for Contemporary Arts Inc
To encourage, sponsor, and promote innovative work in the arts created and presented by individuals, groups, and organizations.
Foundation for Contemporary Arts Inc at a glance
In short: Foundation for Contemporary Arts Inc gave $90K across 2 grants in 2024 (avg $45K), mostly in Michigan. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $90,000
- -21.7% vs 2023
- Grants made (2024)
- 2
- -60.0% vs 2023
- Average grant
- $45,000
- +95.7% vs 2023
- Median grant
- $45,000
- Total assets
- $55,356,112
- +9.9% vs 2023
- Primary geography
- Michigan (50% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Foundation for Contemporary Arts Inc
Open Grants
6 open opportunities from Foundation for Contemporary Arts Inc
Creative Research Grants
Foundation for Contemporary Arts Inc
Amount
$10,000
Deadline
Deadline not published
Ellsworth Kelly Award
Foundation for Contemporary Arts Inc
Amount
$45,000
Deadline
Deadline not published
Emergency Grants
Foundation for Contemporary Arts Inc
Amount
Varying amounts
Deadline
Rolling (quarterly review)
Who Foundation for Contemporary Arts Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Museum of Contemporary Art Detroit ($45K). Together the top 2 received $90K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Foundation for Contemporary Arts Inc gives
- Giving grew 125% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $40K (2021) to $115K (2023). In 2024 it made 2 grants totaling $90K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Museum of Contemporary Art Detroit Detroit, MI | Support for solo exhibition of a contemporary visual artist | $45,000 |
| Immediate Medium Inc New York, NY | Support for Experimental Performance/Exhibition Project | $45,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $55,356,112 | $4,337,330 | $3,136,109 | $90,000 | 2 | $2,031,261 |
| 2023 | $50,346,689 | $6,433,716 | $3,263,683 | $115,000 | 5 | $1,155,130 |
| 2022 | $41,728,764 | $8,053,660 | $2,791,665 | $45,000 | 1 | $661,807 |
| 2021 | $44,020,214 | $7,582,108 | $5,403,452 | $40,000 | 1 | $2,959,337 |
| 2020 | $41,344,934 | $5,398,750 | $4,845,429 | $90,000 | 6 | $655,783 |
About Foundation for Contemporary Arts Inc
Based on IRS filings
Foundation for Contemporary Arts Inc is a public charity focused on Arts, Culture & Humanities, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55.4M in total assets. In 2024, it awarded 2 grants totaling $90K. Net investment income was $2.0M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Foundation for Contemporary Arts Inc is led by Elizabeth K. Takeda, Executive Director on the 2024 filing; 2 of 14 officers listed in 2024 are compensated.
Officers on the 2024 filing
Elizabeth K. Takeda
Executive Director
New on the 2024 filing
40 hrs/week
$244K (2024)
Dean Moss
Director
On filings since 2020
1 hr/week
$2K (2020) → $0 (2024)
Matana Roberts
Director
On filings since 2022
1 hr/week
$3K (2022) → $0 (2024)
Anne Collier
Director
On filings since 2020
1 hr/week
No compensation reported
James Welling
Director
On filings since 2020
1 hr/week
No compensation reported
Jennie C. Jones
Director
On filings since 2020
1 hr/week
No compensation reported
John Yau
Director
On filings since 2020
1 hr/week
No compensation reported
Okwui Okpokwasili
Director
New on the 2024 filing
1 hr/week
No compensation reported
Richard Maxwell
Director
New on the 2024 filing
1 hr/week
No compensation reported
Kathleen Flynn
Deputy Director
On filings since 2020
40 hrs/week
$132K (2020) → $156K (2024)
Anthony B. Creamer III
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Cecily Brown
Co-Chair
On filings since 2020
2 hrs/week
No compensation reported
Emily Wei Rales
Secretary
Director → Secretary, 2023
On filings since 2020
2 hrs/week
No compensation reported
Julian Lethbridge
Co-Chair
On filings since 2020
2 hrs/week
No compensation reported
Former officers (8)
- Former: Jasper Johns (2020–2023) — Director
- Former: Anastacia Bloch (2022–2023) — Collections & Ops. Manager
- Former: Kay Takeda (2022–2023) — Executive Director
- Former: Molly Eckel (2021–2022) — Secretary
- Former: Kathleen Flynn Interim Dir (2022)
- Former: Maryam Parhizkar (2020–2021) — Secretary
- Former: Stacy Tenenbaum Stark (2020–2021) — Executive Director
- Former: Anne Dias (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $244K, to Elizabeth K Takeda (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Foundation for Contemporary Arts Inc
How much does Foundation for Contemporary Arts Inc give each year?
Foundation for Contemporary Arts Inc gave $90K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $115K across 5 grants.
How large is Foundation for Contemporary Arts Inc?
Foundation for Contemporary Arts Inc reported $55.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.3M.
What is Foundation for Contemporary Arts Inc?
Foundation for Contemporary Arts Inc is a public charity focused on Arts, Culture & Humanities, based in New York, NY. It holds $55.4M in total assets as of 2024.
Where does Foundation for Contemporary Arts Inc operate?
Foundation for Contemporary Arts Inc has awarded grants in California, Connecticut, Michigan, North Carolina, New Mexico, New York, Ohio, Tennessee, Virginia.
What is Foundation for Contemporary Arts Inc's EIN?
Foundation for Contemporary Arts Inc's EIN (Employer Identification Number) is 13-1978163. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 18, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Foundation for Contemporary Arts Inc funds
Arts, Culture & Humanities Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Foundation for Contemporary Arts Inc's focus areas in our free grants database
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