Program areas at Terra Foundation for American Art
Grants were awarded to 94 educational & public institutions for exhibitions, educational programs & symposia, fellowships & publications.
Direct activities to advance the field of American Art, including exhibitions, scholarly research, publications and educational & residency programs.
Fellowship and research grants were awarded to individuals for Art education. All grants to individuals are monitored by Terra Foundation staff.
Royalties are derived from the sale of Art reproductions sold at nonprofit museums and institutions for educational purposes.
Grants made by Terra Foundation for American Art
Who funds Terra Foundation for American Art
Grants from foundations and other nonprofits
Personnel at Terra Foundation for American Art
| Name | Title | Compensation | Date of data |
|---|
| Catherine Sarr | Chief Executive Officer | | 2024-04-15 |
| Sharon Corwin | President and Chief Executive Officer | $500,102 | 2024-04-15 |
| Anne Munsch | Chief Financial Officer | $403,732 | 2024-04-15 |
| Elizabeth Glassman | President Emerita | $1,966,044 | 2024-04-15 |
| Jessica Warchall | Director of Communications | | 2024-04-15 |
| ...and 12 more key personnel |
Financials for Terra Foundation for American Art
| Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Investment income and dividends | $4,457,539 | $5,021,751 | -11.2% |
| Net rental income | $4,331 | $6,597 | -34.3% |
| Net gain from sale of non-inventory assets | $92,001,146 | $22,995,930 | 300.1% |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $380,634 | $38,805 | 880.9% |
| Total revenues | $96,843,650 | $28,063,083 | 245.1% |
Organizations like Terra Foundation for American Art
| Organization | Type | Location | Revenue |
|---|
| Bainum Family Foundation | 501(c)(3) | Bethesda, MD | $74,291,632 |
| Dorrance Foundation for Education | 501(c)(3) | Scottsdale, AZ | $25,239,462 |
| Kimbell Art Foundation | 501(c)(3) | Fort Worth, TX | $97,899,835 |
| Glenstone Foundation | 501(c)(3) | Potomac, MD | $132,610,613 |
| Ewing Marion Kauffman Foundation | 501(c)(3) | Kansas City, MO | $112,688,316 |
| Xq Institute | 501(c)(3) | Oakland, CA | $73,370,038 |
| Andrew W. Mellon Foundation | 501(c)(3) | New York, NY | $320,667,704 |
| Helen Frankenthaler Foundation | 501(c)(3) | New York, NY | $25,227,850 |
| Making Waves Foundation (MWF) | 501(c)(3) | Richmond, CA | $26,832,934 |
| Firebird Foundation for Anthropological Research | 501(c)(3) | Phillips, ME | $30,094,243 |
Data update history
April 15, 2024
Updated personnel
Identified 1 new personnel
January 15, 2024
Updated personnel
Identified 2 new personnel
October 7, 2023
Updated personnel
Identified 4 new personnel
July 9, 2023
Posted financials
Added Form 990PF for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
- Address
- 120 E Erie St
- Chicago, IL 60611
- Metro area
- Chicago-Naperville-Elgin, IL-IN-WI
- County
- Cook County, IL
- Website URL
- terraamericanart.org/Â
- Phone
- (312) 664-3939
- Facebook page
- TerraAmericanArtÂ
- Twitter profile
- @terraamartÂ
IRS details
- EIN
- 36-2999442
- Fiscal year end
- June
- Taxreturn type
- Form 990-PF
- Year formed
- 2003
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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