named programs · 1 · from sources
What they call their work
Arts Grantmaking Program
Supports organizations that promote appreciation and understanding of fine arts, primarily through multi-year grants to the Metropolitan Museum of Art
activities · 1 group
What they do
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Art Museum Funding and Support 1 activity
- Funding arts appreciation and understanding at the Metropolitan Museum of ArtFunds the Metropolitan Museum of Art to promote appreciation and understanding of fine arts. This grantmaking activity is consistently reported across multiple fiscal periods.
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financials · form 990PF · fy2024
revenue
Total revenue$758K
Contributions & grants——
Program service revenue——
Investment income$213K28%
Other revenue$414K
expenses
Total expenses$1.72M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$290K
Grants paid out$1.37M
balance sheet
Total assets$152.58M
Cash—
Investments—
Liabilities—
Net assets$152.58M
3 years on record · 2022–2024 · YoY revenue -10.0%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| TOM PENN | DIRECTOR, PRESIDENT & CHAIR | 40 | $324K |
board members · 3
- ARNIE HERRMANN — DIRECTOR, SECRETARY & TREASURER
- ELIZABETH BROUN — DIRECTOR
- LENNART DUREHED — DIRECTOR
relationships · 1
Who they work with
- METROPOLITAN MUSEUM OF ART Partner — Receives grants from the foundation to promote appreciation and understanding of fine arts.
strategies · 1
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.