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LIU SHIMING ART FOUNDATION

NEW YORK, NY · EIN 872425228 · Form 990 · FY2023 · NTEE A20 · Arts, Culture & Humanities · Medium ($1M-$10M) · lsmartfund.org
revenue
$1.6M
expenses
$981K
net assets
$267K
employees
0
volunteers
2
program ratio
92%
mission · from form 990

THE LIU SHIMING ART FOUNDATION HONORS THE LIFE AND SPIRIT OF CHINESE ARTIST LIU SHIMING (1926-2010) BY SUPPORTING FUTURE GENERATIONS OF ARTISTS AND ART HISTORIANS, AND BY PRESERVING AND PROMOTING THE ARTISTIC LEGACY OF LIU SHIMING THROUGH EXHIBITIONS, RESEARCH, AND PUBLICATIONS.

profile · synthesized from sources

The Liu Shiming Art Foundation honors the legacy of Chinese artist Liu Shiming by supporting emerging artists and promoting multicultural discourse in the arts. It provides grants to early-career visual artists globally and advances scholarship through exhibitions, research, and publications. The foundation operates from New York and partners with academic and cultural institutions worldwide.

irs program accomplishments · form 990 part iii · fy2023

What they reported doing

  1. #1 primary $97K
    PRESERVING & PROMOTING ARTISTIC LEGACY OF LIU SHIMING:IN 2023, THE FOUNDATION SUPPORTED FIVE EXHIBITIONS/EVENT ORGANIZED IN PARTNERSHIP WITH THE UNIVERSITY OF GEORGIA, MACAULAY HONORS COLLEGE, UNIVERSITY OF HAWAII, RUTGERS UNIVERSITY, AND QUEEN'S UNIVERSITY IN CANADA. IN ADDITION, THE FOUNDATION COMMISSIONED THE RESEARCH AND WRITING OF A MONOGRAPH ON THE LIFE AND WORK OF LIU SHIMING.
named programs · 2 · from sources

What they call their work

Exhibitions and Research
Supports exhibitions in partnership with universities and cultural institutions; commissions research and publications, including a monograph on Liu Shiming's life and work
Liu Shiming Artist Grants
Annual grant program awarding $5,000 to early-career visual artists globally to support projects that explore the intersection of traditional cultural influences and contemporary artistic practice
activities · 8 groups

What they do

  • Asian and Asian American Art Support 1 activity
    • Commissions research and publications on Liu Shiming’s life and artistic legacy
      Commissioned research and the writing of a monograph on the life and work of Chinese artist Liu Shiming to advance scholarly understanding and global discourse on his contributions to art and culture.
  • Arts and Cultural Workforce Training 1 activity
    • Endows internships and professional development for emerging artists
      Endows the Liu Shiming Internship at the Guggenheim New York to support one annual intern in perpetuity starting in 2027 and hosts professional development sessions such as “Surviving the Art World” to share practical strategies for sustaining an art career.
  • Artist Support Grants 1 activity
    • Funds emerging and early-career visual artists through annual Liu Shiming Artist Grants
      Awards $5,000 grants annually to early-career visual artists to support new artistic projects that bridge traditional cultural or historical influences with contemporary practice; disburses funds in two installments and received nearly 1,000 to 1,400 applications from over 90 countries in recent cycles.
  • Benefit Events for Arts and Culture 1 activity
    • Funds exhibitions and cultural events in partnership with academic institutions
      Supported five exhibitions or events in 2023 through partnerships with academic institutions, expanding public engagement with Liu Shiming’s work and multicultural artistic dialogue.
  • Community Art Education Workshops 1 activity
    • Hosts public programs and community art workshops
      Offers hands-on art workshops inspired by Liu Shiming’s artwork in partnership with Bryant Park’s Art Cart, hosts film screenings with post-screening conversations, and produces multidisciplinary programs like Liu Shiming LIVE: Sight+Sound to explore themes of time and continuity.
  • Curated Art Exhibitions and Public Displays 1 activity
    • Preserves and exhibits works of Liu Shiming through physical and online exhibitions
      Organizes solo, thematic, and cross-generational exhibitions of sculptor Liu Shiming's work, including sculptures and drawings, in venues such as the Liu Shiming Art Gallery in Manhattan, the Central Academy of Fine Arts in Beijing, public spaces like the Oculus in NYC, and university galleries across the US, Canada, and planned locations in Europe. Provides online access to selected artworks and audio guides via the Bloomberg Connects platform.
  • Arts Education Scholarships 1 activity
    • Supports art students through scholarships and endowed funds
      Provides scholarship support for undergraduate and graduate students studying art and art history globally, offering one-time grants, multi-year awards, and establishing permanently endowed Liu Shiming Scholars Funds; plans to award 100 scholarships annually on a global basis.
  • Uncategorized 1 activity
    • Recognizes contributions to art and art education through awards
      Establishes the Liu Shiming Legacy Award to honor artists and cultural leaders whose work reflects humanistic values and integration of art with lived experience, and recognizes exceptional art educators through the Distinguished Educator Award.
financials · form 990 · fy2023
revenue
Total revenue$1.55M
Contributions & grants$703K45%
Program service revenue$848K55%
Investment income$00%
Other revenue$0
expenses
Total expenses$981K
Program expenses92%
Admin / overhead8%
Fundraising0%
Salaries & benefits$123K
Grants paid out$684K
Largest expense lineCompensation
balance sheet
Total assets$321K
Cash$305K
Investments$0
Liabilities$53K
Net assets$267K
Liquid reserves3.7 mo
3 years on record · 2021–2023 · YoY revenue +6.8%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
GEOFFREY GLICK ACTING PRESIDENT 10 $15K
board members · 3
  • SI YANG — SECRETARY
  • TRACY DANQUNG XU — TREASURER
  • ZHIYONG YANG — PRESIDENT
relationships · 26

Who they work with

  • Andy Warhol Museum Partner — Aaron Levi Garvey, former Chief Curator of the Andy Warhol Museum, serves on the 2026 selection panel for the Liu Shiming Artist Grants.
  • Art Museum of West Virginia University Partner — Aaron Levi Garvey, Director of the Art Museum of West Virginia University, serves on the 2026 selection panel for the Liu Shiming Artist Grants.
  • Ashley Wu Partner — Assistant Curator at Liu Shiming Art Foundation who curated Bio-morph and leads professional development programming.
  • Asian Cultural Center Partner — Hosted special exhibitions of Liu Shiming's sculptures in Washington DC.
  • Bloomberg Connects Partner — Collaborates to provide online access to selected artworks and audio guides.
  • Bloomberg Connects Partner — Platform partner enabling online access to the Liu Shiming Art Gallery's collection and audio guides.
  • Brooklyn Museum Partner — Sharon Matt Atkins, Deputy Director for Art at the Brooklyn Museum, serves on the 2026 selection panel for the Liu Shiming Artist Grants.
  • Bryant Park’s Art Cart Partner — Collaborates on offering hands-on art workshops inspired by Liu Shiming’s artwork.
  • Central Academy of Fine Arts Partner — Collaborated to establish the Liu Shiming Sculpture Museum in Beijing in 2018.
  • Central Academy of Fine Arts Partner — Qinghui Cao, associate professor at the Central Academy of Fine Arts in China, serves on the 2026 selection panel for the Liu Shiming Artist Grants.
  • Cindy Qi Partner — Advisory Board member and Associate Specialist in Chinese Art at Sotheby’s New York, contributing expertise in Chinese art, particularly Ming and Qing dynasty ceramics.
  • Guggenheim New York Partner — Partnership to establish and fund the Liu Shiming Internship within the Guggenheim's Summer Internship program.
  • International Foundation for Art Research Partner — Dr. Lindsey Schneider, Executive Director of IFAR, served on the 2024 Distinguished Selection Panel for the Liu Shiming Artist Grants.
  • Macaulay Honors College Partner — Partnered with the foundation to organize exhibitions or events in 2023.
  • Malena Zhang Partner — Advisory Board member with deep networks in the global art world, supporting cross-over projects between East and West in art, technology, and culture.
  • Oculus Partner — Hosted public exhibitions of Liu Shiming's sculptures in New York City.
  • Queen's University in Canada Partner — Partnered with the foundation to organize exhibitions or events in 2023.
  • Rutgers University Partner — Partnered with the foundation to organize exhibitions or events in 2023.
  • Sotheby's Partner — Cindy Qi, Associate Specialist in Chinese Art at Sotheby’s New York, served on the 2024 Distinguished Selection Panel for the Liu Shiming Artist Grants.
  • The Drawing Center Partner — Laura Hoptman, Executive Director of The Drawing Center, serves on the 2026 selection panel for the Liu Shiming Artist Grants.
  • The Museum of Modern Art Partner — Laura Hoptman, former curator at The Museum of Modern Art, serves on the 2026 selection panel for the Liu Shiming Artist Grants.
  • University of Georgia Partner — Partnered with the foundation to organize exhibitions or events in 2023.
  • University of Hawaii Partner — Partnered with the foundation to organize exhibitions or events in 2023.
  • Wei Liu Partner — Special Advisor to the Board and son of Liu Shiming, providing guidance on preserving his father's artistic legacy and supporting art education.
  • distinguished panel Partner — Jury panel composed of accomplished artists, critics, scholars, and industry professionals that selects grant recipients.
  • more than 30 universities and institutions of higher learning Partner — Partners with universities and institutions globally to administer Liu Shiming Scholars Funds and award scholarships.
strategies · 4

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.

  • Early-Career Artist Development through Mentorship and Institutional Pathways
    methodology: mentorship-based-development
    By providing financial support, mentorship, and professional development opportunities—including pathways into institutional leadership—the Foundation enables sustainable artistic careers, because early intervention combined with role modeling and structural access compounds long-term impact.
  • Human-Centered Artistic Legacy as Catalyst for Social Relevance
    methodology: human-centered_art
    By centering art in the human figure and lived experience, the Foundation fosters emotional, moral, and cross-cultural engagement, because art rooted in shared humanity is more likely to sustain social relevance and dialogue.
  • Intergenerational Artistic Dialogue as a Mechanism for Continuity and Innovation
    methodology: intergenerational_artistic_dialogue
    By situating Liu Shiming’s work in thematic and chronological dialogue with emerging artists, the Foundation stimulates evolving interpretations of shared themes like the human form, because such dialogues bridge tradition and innovation while reinforcing cultural continuity.
  • Multicultural East/West Synthesis in Contemporary Practice
    methodology: cultural-contemporary_synthesis
    By supporting artists who integrate traditional cultural or historical influences—particularly across Eastern and Western traditions—with contemporary art, the Foundation advances broader understanding and innovation, because such synthesis deepens artistic resonance and global appreciation.