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.
Key facts about New Art Association
- EIN
- 82-1040859
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $5,842
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
$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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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 |
|---|---|---|---|
| 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
Frequently Asked Questions
What is New Art Association?
New Art Association is a private foundation focused on Arts, Culture & Humanities, based in Chicago, IL. It holds $6K in total assets as of 2024.
How large is New Art Association?
As of 2024, New Art Association holds $6K in total assets with $9K in annual revenue.
What is New Art Association's EIN?
New Art Association's EIN (Employer Identification Number) is 82-1040859. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.