Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Arison Arts Foundation, based in Coral Gables, Florida, is a prominent philanthropic organization with assets totaling approximately $406.9 million. The foundation focuses on supporting arts and culture, particularly museums and art museums, across various cities and states in the United States. In the past year, the foundation reported expenses of about $38.6 million and revenue of $15.3 million. It has funded projects in numerous cities including New York, Los Angeles, Miami, and Washington, D.C., among others, spanning states such as California, New York, and Texas. Key personnel include Sarah Arison, who serves as President, and Wells Fargo Bank NA, which acts as a trustee with significant compensation. The foundation plays a crucial role in promoting and sustaining cultural initiatives across the country.
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Financials
+2.6% from previous year
109 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $9,165,000 | NEW WORLD SYMPHONY INC | GENERAL SUPPORT | Miami beach, FL, US | 2024 |
| $9,115,000 | NEW WORLD SYMPHONY | GENERAL SUPPORT | Miami beach, FL, US | 2023 |
| $5,593,000 | NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC | GENERAL SUPPORT | Miami, FL, US | 2024 |
| $5,105,000 | NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC (YOUNGARTS) | GENERAL SUPPORT | Miami, FL, US | 2023 |
| $2,613,695 | NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION | GENERAL SUPPORT | Miami, FL, US | 2023 |
| $2,116,191 | NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION | GENERAL SUPPORT | Miami, FL, US | 2024 |
| $1,780,000 | MUSEUM OF MODERN ART | GENERAL SUPPORT | New york, NY, US | 2024 |
| $1,760,000 | MUSEUM OF MODERN ART | GENERAL SUPPORT | New york, NY, US | 2023 |
| $1,600,000 | LINCOLN CENTER FOR THE PERFORMING ARTS INC | GENERAL SUPPORT | New york, NY, US | 2023 |
| $1,500,000 | MIAMI CITY BALLET | GENERAL SUPPORT | Miami beach, FL, US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
WF
WELLS FARGO BANK NA
| TRUSTEE | $495,551 | 2024 |
SA
SARAH ARISON CO AFO LLC
| PRESIDENT | $0 | 2024 |
JJ
JOHN J O'NEIL CO AFO LLC
| AVP/ASSISTANT TREASURER | $0 | 2024 |
RL
RICHARD L KOHAN CO AFO LLC
| AVP/TREASURER/SECRETARY | $0 | 2024 |
SARAH ARISON CO AFO LLC
PRESIDENT
JOHN J O'NEIL CO AFO LLC
AVP/ASSISTANT TREASURER
RICHARD L KOHAN CO AFO LLC
AVP/TREASURER/SECRETARY
WELLS FARGO BANK NA
TRUSTEE
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025