Art Matters Inc
Art Matters Inc is a private foundation based in New York, NY, established in 1985. The organization operates as a 501(c)(3) tax-exempt entity and functions primarily as a grantmaking foundation dedicated to supporting artists and artistic creation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$101K
-1.7% YoY
Annual Giving
$297K
+28.3% YoY
Grant Count
35
+12.9% YoY
Avg Grant Size
$8K
+13.7% YoY
Mission & Focus Areas
Art Matters focuses on funding fellowships to create artwork. The foundation's primary grantmaking activity centers on providing financial support to artists for the creation and development of their work.
Grantmaking
Art Matters operates a fellowship program that provides grants to artists. Recent grantmaking activity includes:
Grant Types
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (Fiscal Year Ending December 2024):
- Total Revenue: $516,167
- Total Expenses: $516,994
- Net Income: -$827
- Total Assets: $93,859
- Total Liabilities: $7,500
Prior Year Data (Fiscal Year Ending December 2023):
- Total Revenue: $398,798
- Total Expenses: $426,377
- Total Assets: $103,106
Revenue Sources: The foundation's revenue is derived entirely from contributions received, with no investment income or dividends reported.
Staffing: The organization operates with 1 employee.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $101,361 | $103,106 | $126,624 |
| Revenue | $516,167 | $398,798 | $415,905 |
| Expenses | $516,994 | $426,377 | $429,483 |
| Qualifying Distributions | $515,995 | $417,847 | $427,660 |
| Net Investment Income | — | — | — |
| Distributable Amount | $6,609 | $9,342 | $11,842 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
182 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA DONNELLEY | CHAIR | 1 | — |
| GAI GHERARDI | PRESIDENT | 1 | — |
| ALEXANDER GRAY | VICE PRESIDENT | 1 | — |
| MARIANNE WEEMS | VICE PRESIDENT | 1 | — |
| LINDA EARLE | TREASURER | 1 | — |
| SACHA YANOW | SECRETARY | 1 | — |
| RUJEKO HOCKLEY | BOARD MEMBER | 1 | — |
| REGINE BASHA | BOARD MEMBER | 1 | — |
| MARY BEEBE | BOARD MEMBER | 1 | — |
| DEMIAN DINEYAZHI | BOARD MEMBER | 1 | — |
| CATHERINE GUND | BOARD MEMBER | 1 | — |
| VIET LE | BOARD MEMBER | 1 | — |
| LAURENCE MILLER | BOARD MEMBER | 1 | — |
| JULIO CESAR MORALES | BOARD MEMBER | 1 | — |
| CLAIRE MORTON | BOARD MEMBER | 1 | — |
| CEE SCOTT BROWN | BOARD MEMBER | 1 | — |
| LOWERY SIMS | BOARD MEMBER | 1 | — |
| MIMI WHEELER | BOARD MEMBER | 1 | — |
| PHILIP YENAWINE | BOARD MEMBER | 1 | — |
| BRUCE YONEMOTO | BOARD MEMBER | 1 | — |
| ABBEY WILLIAMS | DIRECTOR | 40 | $97,155 |
Recent News & Activity
Recent developments and announcements
Art Matters has announced cohorts for its Artist2Artist Fellows program in multiple years, including announcements for 2022, 2023, and 2025 fellowship recipients.
Announcing the 2025 Artist2Artist Fellows | Art MattersRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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