The Paul and Norma Tikkanen Art

ASHTABULA, OH EIN: 87-4271030

The Paul and Norma Tikkanen Art is a private foundation focused on Arts, Culture & Humanities, based in ASHTABULA, OH. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $292K in total assets. In 2024, it awarded 1 grants totaling $88K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$292K

+80.6% YoY

Annual Giving

$88K

+2202.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$88K

+2202.7% YoY

Under IRS private-foundation payout rules, The Paul and Norma Tikkanen Art reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About The Paul and Norma Tikkanen Art

Based on IRS filings

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $92K (100%)

States

Ohio

Cities

Ashtabula

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$292,343	$161,909	$153,462
Revenue	$237,829	$6,747	$161,257
Expenses	$95,041	$8,702	$3,807
Qualifying Distributions	$93,240	$7,426	$2,848
Net Investment Income	$22,809	$3,248	$2,487
Distributable Amount	$7,900	$7,709	$683

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ashtabula Arts Center ($88,101).

Recipient	Purpose	Amount
ASHTABULA ARTS CENTER ASHTABULA, OH	TO FUND AND PROMOTE THE ANNUAL ART SHOW	$88,101

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BRET CIMORELL	EXECUTIVE DIRECTOR	6	—
ROBERT SCHIMMELPFENING	BOARD MEMBER	4	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is The Paul and Norma Tikkanen Art?

The Paul and Norma Tikkanen Art is a private foundation focused on Arts, Culture & Humanities, based in ASHTABULA, OH. It holds $292K in total assets as of 2024.

How large is The Paul and Norma Tikkanen Art?

As of 2024, The Paul and Norma Tikkanen Art holds $292K in total assets with $238K in annual revenue. It awarded 1 grants totaling $88K in 2024.

Where does The Paul and Norma Tikkanen Art operate?

The Paul and Norma Tikkanen Art has awarded grants in Ohio.

What size grants does The Paul and Norma Tikkanen Art award?

In 2024, The Paul and Norma Tikkanen Art awarded 1 grants totaling $88K — an average of about $88K per grant, based on its IRS Form 990 filings.

How much is The Paul and Norma Tikkanen Art required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Paul and Norma Tikkanen Art reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Paul and Norma Tikkanen Art's EIN?

The Paul and Norma Tikkanen Art's EIN (Employer Identification Number) is 87-4271030. IRS Form 990 filing data is available on this page for 2022–2024.