Grand Rapids Art Museum Foundation

Public charity · Grantmaker Grand Rapids, MI EIN: 38-3027880

To provide financial support for the grand rapids art museum.

Key facts about Grand Rapids Art Museum Foundation

In short: Grand Rapids Art Museum Foundation gave $1.9M across 1 grant in 2025 (avg $1.9M), mostly in Michigan. Source: 2025 IRS Form 990.

EIN
38-3027880
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,924,778
Grants made (2025)
1
Average grant
$1,924,778
Median grant
$1,924,778
Total assets
$28,550,099
Primary geography
Michigan (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$28.6M

+7.0% YoY

Annual Giving

$1.9M

+14.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.9M

+14.6% YoY

How Grand Rapids Art Museum Foundation gives

  • Giving grew 119% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Grand Rapids Art Museum Foundation

Based on IRS filings

Grand Rapids Art Museum Foundation is a public charity focused on Arts, Culture & Humanities, based in Grand Rapids, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $28.6M in total assets. In 2025, it awarded 1 grant totaling $1.9M. Net investment income was $1.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Grand Rapids

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M0 grants2019 0 grants2020 0 grants2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2022 to 2025, annual grant giving ranged from $879K (2022) to $1.9M (2025). In 2025 it made 1 grant totaling $1.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Grand Rapids Art Museum: $1.9MGrand Rapids Art Museum$1.9M

The largest 2025 recipient was Grand Rapids Art Museum ($1.9M).

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K2$500K–1M2$1–5M$5M+

The most common grant size was in the $500K–1M range: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Grand Rapids Art Museum Grand Rapids, MIGeneral Support$1,924,778

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$28,550,099$26,683,490$23,008,034
Revenue$1,586,111$837,471$798,932
Expenses$2,021,281$1,776,557$1,079,053
Net Investment Income$1,069,631$775,890$785,513

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS August 11, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS August 14, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS August 11, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
  5. Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)

Leadership & Key People

Officers and directors from IRS filings

Grand Rapids Art Museum Foundation is led by Lauretta K. Murphy, President on every filing since 2019; none of the 10 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Lauretta K. Murphy

    President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Cindy Meyers Foley

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Douglas Padnos

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Janet Nisbett

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Thomas A. Demeester

    Board Member

    Board Memebe → Board Memeber, 2022

    Board Memeber → Board Member, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jim Overbeck

    Secretary

    Secretary & Treasurer → Secretary, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • William Lowry

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Corinne Curtis

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • David Hall

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Michael Curtis

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (9)
  • Former: Jeff Smith (2020–2024) — Board Member
  • Former: Corinne Sprague (2023–2024) — Board Member
  • Former: Greg Hooks (2019–2023) — Board Member
  • Former: Dana Friis-Hansen Left January (2023) — Director & CEO
  • Former: Dana Friis-Hansen (2019–2022) — Director & CEO
  • Former: Lizbeth O'Shaughnessy (2019–2021) — Secretary
  • Former: Tamara R. Bailey (2019–2020) — Board Member
  • Former: Douglas Williams (2019) — Board Member
  • Former: Eddie Tl Tadlock (2019) — Board Member

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Grand Rapids Art Museum Foundation

How much does Grand Rapids Art Museum Foundation give each year?

Grand Rapids Art Museum Foundation gave $1.9M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.7M across 1 grant.

How large is Grand Rapids Art Museum Foundation?

Grand Rapids Art Museum Foundation reported $28.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.6M.

What is Grand Rapids Art Museum Foundation?

Grand Rapids Art Museum Foundation is a public charity focused on Arts, Culture & Humanities, based in Grand Rapids, MI. It holds $28.6M in total assets as of 2025.

Where does Grand Rapids Art Museum Foundation operate?

Grand Rapids Art Museum Foundation has awarded grants in Michigan.

What is Grand Rapids Art Museum Foundation's EIN?

Grand Rapids Art Museum Foundation's EIN (Employer Identification Number) is 38-3027880. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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