Foundation for the Arts Inc
Foundation for the Arts Inc is a private foundation focused on Arts, Culture & Humanities, based in Santa Barbara, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $82K in total assets. In 2024, it made $23K in qualifying distributions.
Key facts about Foundation for the Arts Inc
- EIN
- 84-2080340
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $81,529
Data from IRS Form 990-PF, 2024; updated September 2026.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$82K
+1534.8% YoY
Revenue
$100K
-52.8% YoY
Qualifying Distributions
$23K
Expenses
$23K
-89.2% YoY
Under IRS private-foundation payout rules, Foundation for the Arts Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Foundation for the Arts Inc
Based on IRS filings
Foundation for the Arts Inc is a private foundation focused on Arts, Culture & Humanities, based in Santa Barbara, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $82K in total assets. In 2024, it made $23K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $81,529 | $4,987 |
| Revenue | $99,620 | $211,000 |
| Expenses | $23,020 | $212,404 |
| Qualifying Distributions | $23,020 | — |
| Net Investment Income | — | — |
| Distributable Amount | $1,507 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
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 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Daniel Grotenhuis | President | 1 | — |
| Dan Aldrich | Director | 1 | — |
| Maria Jose Fuentes | Director | 1 | — |
| Nathaniel Grotenhuis | Executive Director | 40 | $16,034 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation for the Arts Inc?
Foundation for the Arts Inc is a private foundation focused on Arts, Culture & Humanities, based in Santa Barbara, CA. It holds $82K in total assets as of 2024.
How large is Foundation for the Arts Inc?
As of 2024, Foundation for the Arts Inc holds $82K in total assets with $100K in annual revenue.
How much is Foundation for the Arts Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation for the Arts Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foundation for the Arts Inc's EIN?
Foundation for the Arts Inc's EIN (Employer Identification Number) is 84-2080340. IRS Form 990 filing data is available on this page for 2023–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.