Foundation for Independent Media Arts
The mission is ratified by the organizaion to work on its primary excempt purposes.
Foundation for Independent Media Arts at a glance
In short: Foundation for Independent Media Arts gave $20K across 3 grants in 2024 (avg $7K), mostly in Texas. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $19,883
- -15.7% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $6,628
- -15.7% vs 2023
- Median grant
- $5,017
- Total assets
- $163,332
- -0.9% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Foundation for Independent Media Arts funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Museum of Fine Arts ($10K). Together the top 3 received $20K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Foundation for Independent Media Arts gives
- Giving grew 262% 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 $5K (2022) to $24K (2023). In 2024 it made 3 grants totaling $20K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Museum of Fine Arts Houston, TX | Films and Screening | $9,850 |
| Houston Cinama Arts Society Houston, TX | — | $5,017 |
| Houston Public Media Kuht Houston, TX | Programing | $5,016 |
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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 | $163,332 | $53,355 | $54,434 | $19,883 | 3 | $5,015 |
| 2023 | $164,857 | $32,431 | $49,340 | $23,591 | 3 | — |
| 2022 | $184,207 | $49,777 | $41,943 | $5,434 | 1 | — |
| 2021 | $173,304 | $116,672 | $45,985 | $5,500 | 1 | — |
| 2020 | $102,617 | $94,401 | $24,547 | $12,464 | Total only | — |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Foundation for Independent Media Arts
Based on IRS filings
Foundation for Independent Media Arts is a public charity focused on Arts, Culture & Humanities, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 3 grants totaling $20K. Net investment income was $5K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Foundation for Independent Media Arts is led by Richard D. Walker, President since 2021 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Richard D. Walker
President
Vice President → President, 2021
On filings since 2020
No compensation reported
Maureen Herzog
Vice President
On filings since 2020
$6K (2020) → $0 (2024)
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 2020 IRS filing
The highest reported compensation on the 2020 filing was $6K, to Maureen Herzog (Vice Preside).
Frequently asked questions about Foundation for Independent Media Arts
How much does Foundation for Independent Media Arts give each year?
Foundation for Independent Media Arts gave $20K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $24K across 3 grants.
What is Foundation for Independent Media Arts's typical grant size?
Foundation for Independent Media Arts's median grant in 2024 was $5,017, and its average grant was $6,628, across 3 grants on its 2024 IRS Form 990.
Where does Foundation for Independent Media Arts give grants?
Foundation for Independent Media Arts gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Houston, TX (3 grants).
Does Foundation for Independent Media Arts give general operating support?
Not in 2024: none of the 2 grants with a stated purpose on Foundation for Independent Media Arts's 2024 IRS Form 990 were described as general or operating support.
How large is Foundation for Independent Media Arts?
Foundation for Independent Media Arts reported $163K in total assets on its 2024 IRS Form 990. Its revenue that year was $53K.
What is Foundation for Independent Media Arts?
Foundation for Independent Media Arts is a public charity focused on Arts, Culture & Humanities, based in Houston, TX. It holds $163K in total assets as of 2024.
What is Foundation for Independent Media Arts's EIN?
Foundation for Independent Media Arts's EIN (Employer Identification Number) is 81-0740458. 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 November 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 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Foundation for Independent Media Arts funds
Arts, Culture & Humanities Open opportunities, soonest deadline first.
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Browse active grant opportunities in Foundation for Independent Media Arts's focus areas in our free grants database
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Figures come from Foundation for Independent Media Arts's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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