The Masterwork Music & Art Foundation

Foundation · Grantmaker Cranford, NJ EIN: 22-1717253

To PROMOTE AND SUPPORT WORTHY MUSIC & ART ORGANIZATIONS

Key facts about The Masterwork Music & Art Foundation

EIN
22-1717253
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,500
Grants made (2025)
4
Average grant
$625
Median grant
$500
Primary geography
New York (100% of itemized 2025 grant dollars)

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

Who The Masterwork Music & Art Foundation funds

By grant dollars, the top recipient states for The Masterwork Music & Art Foundation's 4 itemized 2025 grants were New York (100%). 100% of grants with a stated purpose were for general or operating support.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$3K

Grant Count

4

Avg Grant Size

$625

About The Masterwork Music & Art Foundation

Based on IRS filings

The Masterwork Music & Art Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in Cranford, NJ. IRS filing data is available from 2021 through 2025. In 2025, it awarded 4 grants totaling $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 4 itemized 2025 grant dollars.

States

Cities

AthensCatskillNew YorkStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$21K$42K$62K$83K20212022202320242025
Metric202520242023
Total Assets—$1,018,297$993,849
Revenue—$56,405$40,276
Expenses—$51,306$36,216
Qualifying Distributions———
Net Investment Income—$54,695$35,484
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 18, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$625$1K$2K$3K0 grants20210 grants20220 grants20230 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Out of the Box Theater: $1KOut of the Box Theater$1KFriends of Beattie Powers: $500Friends of Beattie Powers$500Athens Cultural Center: $500Athens Cultural Center$500Stephen Petronio Dance CO: $500Stephen Petronio Dance CO$500

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Out of the Box Theater ($1,000), Friends of Beattie Powers ($500), Athens Cultural Center ($500).

RecipientPurposeAmount
OUT OF THE BOX THEATER Staten Island, NYGENERAL USE$1,000
FRIENDS OF BEATTIE POWERS Catskill, NYGENERAL USE$500
ATHENS CULTURAL CENTER Athens, NYGENERAL USE$500
STEPHEN PETRONIO DANCE CO New York, NYGENERAL USE$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

NameTitleHoursCompensation
Joen FerrariMember——
Alice GlockAdministrator——
Eric HafenMember——
Tony JavedPresident——
Carol MayMember——
Mathews PhilipsVice President——
Mina Lavinia Mears RubyMember——
John L ThomasMember——
Eileen WhiteMember——
Joseph WhiteTreasurer——
R Wayne WaltersAdvisory——
Todd WhitleyExecutive Director——
Stephen R BlackAmeriprise Financial Advisor——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Masterwork Music & Art Foundation?

The Masterwork Music & Art Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in Cranford, NJ. It holds — in total assets as of 2025.

Where does The Masterwork Music & Art Foundation operate?

The Masterwork Music & Art Foundation has awarded grants in New York.

What size grants does The Masterwork Music & Art Foundation award?

In 2025, The Masterwork Music & Art Foundation awarded 4 grants totaling $3K — an average of about $625 per grant, based on its IRS Form 990 filings.

What is The Masterwork Music & Art Foundation's EIN?

The Masterwork Music & Art Foundation's EIN (Employer Identification Number) is 22-1717253. IRS Form 990 filing data is available on this page for 2021–2025.

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

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