New Art Association is a private foundation focused on Arts, Culture & Humanities, based in CHICAGO, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it made $14K in qualifying distributions. Net investment income was $1.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6K
-49.6% YoY
Revenue
$9K
-22.1% YoY
Qualifying Distributions
$14K
-12.5% YoY
Expenses
$15K
-15.7% YoY
About New Art Association
Based on IRS filings
New Art Association is a private foundation focused on Arts, Culture & Humanities, based in CHICAGO, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it made $14K in qualifying distributions. Net investment income was $1.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,842 | $11,587 | $17,153 |
| Revenue | $8,763 | $11,252 | $9,354 |
| Expenses | $14,508 | $17,218 | $11,703 |
| Qualifying Distributions | $14,065 | $16,083 | $11,641 |
| Net Investment Income | $1 | $1 | $2 |
| 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 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 .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EVAN CARTER | President & Director | 2.5 | $1,000 |
| KATHLEEN A LETTS | Director | 0.5 | — |
| MICHEL SEGARD | Dir Sec & Treasurer | 2 | — |
| PATRIC MCCOY | Director | 0.5 | — |
| KELLI WOOD | Director | 0.5 | — |
| NATHAN WORCESTER | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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