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WATERFALL ARTS FOUNDATION

NEW YORK, NY · EIN 834652160 · Form 990PF · FY2025 · NTEE A51 · Arts, Culture & Humanities · Micro (<$100K)
revenue
$74K
expenses
$94K
net assets
$-87K
employees
profile · synthesized from sources

Waterfall Arts Foundation supports artists and arts education through grants and scholarships. The organization funds individual artists, art teachers, and students pursuing art classes. It also provides general support to community and religious organizations, with a focus on New York-based initiatives.

named programs · 3 · from sources

What they call their work

Art Class Tuition Scholarship
Offers scholarships to students covering the cost of art class tuition.
Artist Grant Program
Provides financial support to individual artists, including emerging and established practitioners in New York.
Women Artist Program Teacher Grant
Supports women artists who teach, enabling professional development and educational leadership in the arts.
activities · 2 groups

What they do

  • Arts Education Scholarships 1 activity
    • Funding art education scholarships for individuals
      Provides scholarships to individuals for art education by covering tuition costs through financial grants.
  • Artist Support Grants 1 activity
    • Funding individual artists through competitive and unrestricted grants
      Provides financial support to individual artists via competitive and unrestricted grants, including targeted funding for women artists in teaching roles to advance their creative work.
financials · form 990PF · fy2025
revenue
Total revenue$74K
Contributions & grants$73K99%
Program service revenue
Investment income$00%
Other revenue$0
expenses
Total expenses$94K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$2K
balance sheet
Total assets$3K
Cash
Investments
Liabilities
Net assets$-87K
6 years on record · 2020–2025 · YoY revenue -39.3%
leadership · form 990 part vii · fy2025

Who runs it

board members · 1
  • Dwight Jacobson — Director
relationships · 2

Who they work with

  • Dreamers Community Church Partner — Receives general support and religious donations from the foundation.
  • Onhim Church Partner — Receives general support funding from the foundation.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Direct Support of Individual Artists
    methodology: individual-artist-support
    By providing direct financial awards to individual artists, the organization sustains creative practice and enables professional development because unrestricted funding empowers artists to focus on their work without institutional intermediaries.
  • Targeted Grantmaking for Equity in Arts
    methodology: women-in-arts-support
    By directing grants specifically toward underrepresented groups—particularly women artists in teaching roles—the organization advances equity and increases access to resources, fostering a more inclusive arts ecosystem because targeted investment corrects systemic imbalances.