Disable all preview features

Arts, Culture, Humanities : Performing Arts (Grantmaking)

Foundation for Contemporary Arts

Artists for artists

three stars

88.88

820 Greenwich Street New York, NY 10014
tel: (212) 807-7077   Web Site
EIN: 13-1978163

Board Leadership
Robert Gober
Chairman

CEO
Stacy Tenenbaum Stark
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 88.88 three stars
  Financial 88.78 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 05/01/2017 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

88.78

Accountability & Transparency

three stars

89.00

This rating was published 05/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
72.0%
  Administrative Expenses 15.7%
  Fundraising Expenses 12.1%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 12.33
  Program Expenses Growth 7.4%
  Liabilities to Assets 2.9%
All data for Financial Performance Metrics calculations was provided by Foundation for Contemporary Arts on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Foundation for Contemporary Arts on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Contemporary Arts (NY) 88.88 three stars
Santa Barbara Bowl Foundation (CA) 88.33 three stars
OPERA America (NY) 93.88 four stars
American Composers Forum (MN) 89.73 three stars
The NOCCA Institute (LA) 87.26 three stars

Compare These Charities (Highly Rated)

Since its inception in 1963, the mission of the Foundation for Contemporary Arts has been to encourage, sponsor, and promote innovative work in the arts created and presented by individuals, groups, and organizations. Its legacy continues today with unrestricted, by-nomination grants supporting pioneering work across the fields of dance, music/sound, performance art/theater, poetry, and the visual arts. A fund is also maintained to assist artists with emergencies and unexpected opportunities related to their work. To date, over 900 artists have made these grants possible by contributing paintings, sculptures, drawings, prints, and photographs to fourteen fund-raising exhibitions held over the years.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,104,674
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $28,500
Total Contributions $2,133,174
   Program Service Revenue $0
Total Primary Revenue $2,133,174
   Other Revenue $220,877
TOTAL REVENUE $2,354,051
   
EXPENSES  
   Program Expenses $1,123,228
   Administrative Expenses $319,370
   Fundraising Expenses $129,591
TOTAL FUNCTIONAL EXPENSES $1,572,189
   
Payments to Affiliates $0
Excess (or Deficit) for the year $781,862
   
Net Assets $22,425,791

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grants To Artists $820,223 73.0%
Emergency Grants $200,969 17.9%
John Cage Award $63,033 5.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 05/01/2017 88.88 three stars
2014-12 12/21/2016 89.00 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-1978163
Name in IRS Master File FOUNDATION FOR CONTEMPORARY ARTS INC
NTEE Code A60
NTEE Classification Performing Arts Organizations
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1999
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

We invite you to share your opinions, thoughts, experiences, and stories about this charity here to help inform the decisions of other donors.  
Need more help getting started? Check out our FAQs.
 
This tool is not for questions about Charity Navigator, such as how we derived this charity’s rating. We will happily answer those questions if you contact us directly. Likewise, if you have questions for this charity, then we encourage you to contact the charity directly (we include the charity’s contact information in the upper left-hand corner of this page) since few charities regularly monitor this commenting tool.

Compensation % of Expenses Paid to Title
$185,366 11.79% Stacy Tenenbaum Stark Executive Director

Since its inception in 1963, the mission of the Foundation for Contemporary Arts has been to encourage, sponsor, and promote innovative work in the arts created and presented by individuals, groups, and organizations. Its legacy continues today with unrestricted, by-nomination grants supporting pioneering work across the fields of dance, music/sound, performance art/theater, poetry, and the visual arts. A fund is also maintained to assist artists with emergencies and unexpected opportunities related to their work. To date, over 900 artists have made these grants possible by contributing paintings, sculptures, drawings, prints, and photographs to fourteen fund-raising exhibitions held over the years.

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Contemporary Arts (NY) 88.88 three stars
Young Concert Artists (NY) 87.68 three stars
Allied Arts Foundation (OK) 89.18 three stars
Dance/USA (DC) 90.16 four stars
Lower Manhattan Cultural Council (NY) 88.16 three stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

Foundation for Contemporary Arts
820 Greenwich Street
New York, NY 10014
tel: (212) 807-7077
fax: (212) 807-7177
EIN: 13-1978163

Visit Web Site

Board Leadership

Robert Gober
Chairman

CEO

Stacy Tenenbaum Stark
Executive Director

[ X ]

Did You Know We Are a Charity, Too?

If even a third of the 7 million people who visited our site last year had donated a dollar to Charity Navigator, we would comfortably meet our annual budget and be able to do what so many of you ask us to do every day--rate more charities!

With the support of users like you, we are currently investing in staff and technology. This will allow us to improve the search and organizational features of our site, making it easier to find the information that matters most to you. We will also continue to enhance our evaluation system and metrics.

So, whether you're a first time visitor or a long time user, we ask for your help in achieving our goal. Your gift of any size is most deeply appreciated! Thank You!

With the support of users like you, we are making it easier to find the info that matters most. Thank you!

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.

Help Center