Walters Art Museum Foundation Inc
The Walters Art Museum brings art and people together for enjoyment, discovery, and learning. We strive to create a place where people of every background can be touched by art. We are committed to exhibitions and programs that will strengthen and sustain our community.
Walters Art Museum Foundation Inc at a glance
In short: Walters Art Museum Foundation Inc gave $119K across 1 grant in 2025 (avg $119K), mostly in Maryland. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $119,136
- -13.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $119,136
- -13.2% vs 2024
- Median grant
- $119,136
- Total assets
- $2,430,680
- -0.7% vs 2024
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Walters Art Museum Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Trustees of the Walters Art Gallery dba The Walters Art Museum ($119K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Walters Art Museum Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−1%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $119K (2025) to $137K (2024). In 2025 it made 1 grant totaling $119K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trustees of the Walters Art Gallery dba The Walters Art Museum Baltimore, MD | General Operating Support | $119,136 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,430,680 | $58,837 | $119,136 | $119,136 | 1 | $58,837 |
| 2024 | $2,447,002 | $38,687 | $137,232 | $137,232 | 1 | $38,687 |
| 2023 | $2,346,048 | $87,639 | $132,912 | $132,912 | 1 | $87,639 |
| 2022 | $2,642,653 | $92,698 | $120,408 | $120,408 | 1 | $92,698 |
| 2021 | $3,129,855 | $96,786 | $129,660 | $129,660 | 1 | $96,786 |
| 2020 | $2,218,573 | $60,168 | $128,484 | $128,484 | 1 | $60,168 |
| 2019 | $2,686,603 | $114,315 | $133,404 | $133,404 | 1 | $114,315 |
About Walters Art Museum Foundation Inc
Based on IRS filings
Walters Art Museum Foundation Inc is a public charity focused on Arts, Culture & Humanities, based in Baltimore, MD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 1 grant totaling $119K. Net investment income was $59K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Walters Art Museum Foundation Inc is led by Peter Bain, President since 2023 (on filings since 2021); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Peter Bain
President
Treasurer → President, 2023
On filings since 2021
No compensation reported
Guy Flynn
Secretary
President → Secretary, 2023
On filings since 2020
No compensation reported
Harry Gruner
Treasurer
On filings since 2023
No compensation reported
Former officers (3)
- Former: James DeGraffenreidt (2019–2022) — Secretary
- Former: Michael J Young (2019–2020) — Treasurer
- Former: Ellen Bernard (2019) — Secretary
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 Walters Art Museum Foundation Inc
How much does Walters Art Museum Foundation Inc give each year?
Walters Art Museum Foundation Inc gave $119K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $137K across 1 grant.
How large is Walters Art Museum Foundation Inc?
Walters Art Museum Foundation Inc reported $2.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $59K.
What is Walters Art Museum Foundation Inc?
Walters Art Museum Foundation Inc is a public charity focused on Arts, Culture & Humanities, based in Baltimore, MD. It holds $2.4M in total assets as of 2025.
Where does Walters Art Museum Foundation Inc operate?
Walters Art Museum Foundation Inc has awarded grants in Maryland.
What is Walters Art Museum Foundation Inc's EIN?
Walters Art Museum Foundation Inc's EIN (Employer Identification Number) is 52-1194738. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS January 10, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS December 22, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS January 20, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 16, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS March 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 5, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS January 14, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
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