NEW YORK, NY
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Sign In — Free (10 views/day)FOUNDATION FOR CONTEMPORARY ARTS INC, founded in 1963, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.3M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.2M, a strong 28% operating margin.
TO ENCOURAGE, SPONSOR, AND PROMOTE INNOVATIVE WORK IN THE ARTS CREATED AND PRESENTED BY INDIVIDUALS, GROUPS, AND ORGANIZATIONS.
GRANTS TO ARTISTS: UNRESTRICTED, $45,000 CASH AWARDS INTENDED TO PROVIDE RECIPIENTS WITH THE FINANCIAL MEANS TO ENGAGE IN WHATEVER ARTISTIC ENDEAVORS THEY WISH TO PURSUE. RECIPIENTS ARE CHOSEN...
GRANTS TO ARTISTS: UNRESTRICTED, $45,000 CASH AWARDS INTENDED TO PROVIDE RECIPIENTS WITH THE FINANCIAL MEANS TO ENGAGE IN WHATEVER ARTISTIC ENDEAVORS THEY WISH TO PURSUE. RECIPIENTS ARE CHOSEN ANNUALLY THROUGH A CONFIDENTIAL PEER NOMINATION PROCESS, STAFF RESEARCH, AND SELECTION BY A COMMITTEE COMPRISING FCA'S BOARD AND GUEST EXPERTS. IN 2024, 23 GRANTS WERE MADE TO INDIVIDUAL ARTISTS. 11 OF THESE AWARDS ARE NAMED AFTER AND IN MEMORY OF ARTISTS: JOHN CAGE, MERCE CUNNINGHAM, VIOLA FARBER, HELEN FRANKENTHALER, ROY LICHTENSTEIN, ALVIN LUCIER, RICHARD POUSETTE-DART, ROBERT RAUSCHENBERG, DOROTHEA TANNING, CY TWOMBLY, AND C.D. WRIGHT. THE CAGE AND CUNNINGHAM AWARDS ARE MADE IN ALTERNATING YEARS.
EMERGENCY GRANTS: GRANTS OF $500-$3,000, AWARDED ON A ROLLING BASIS TO ARTISTS AND COLLECTIVES WHO INCUR UNEXPECTED EXPENSES RELATED TO THE PUBLIC PRESENTATION OF THEIR WORK OR RECEIVE SUDDEN...
EMERGENCY GRANTS: GRANTS OF $500-$3,000, AWARDED ON A ROLLING BASIS TO ARTISTS AND COLLECTIVES WHO INCUR UNEXPECTED EXPENSES RELATED TO THE PUBLIC PRESENTATION OF THEIR WORK OR RECEIVE SUDDEN OPPORTUNITIES TO PRESENT THEIR WORK PUBLICLY. APPLICATIONS ARE RECEIVED ON A ROLLING BASIS THROUGH AN OPEN APPLICATION PROCESS. STAFF REVIEW APPLICATIONS FOR ELIGIBILITY, AND EACH MONTH AN ARTIST PANEL REVIEWS THEM AND DETERMINES GRANT RECIPIENTS. IN 2024, FCA MADE 231 EMERGENCY GRANTS TOTALING $465,000.
WARREN PRINDLE VISUAL ARTS SCHOLARSHIP (CVAS): FCA ADMINISTERS AN ANNUAL SCHOLARSHIP PROGRAM FOR COLLEGE-BOUND SENIORS FROM THE HOUSATONIC VALLEY REGIONAL HIGH SCHOOL FOR UNDERGRADUATE STUDY IN THE...
WARREN PRINDLE VISUAL ARTS SCHOLARSHIP (CVAS): FCA ADMINISTERS AN ANNUAL SCHOLARSHIP PROGRAM FOR COLLEGE-BOUND SENIORS FROM THE HOUSATONIC VALLEY REGIONAL HIGH SCHOOL FOR UNDERGRADUATE STUDY IN THE FINE ARTS, WITH FUNDS CONTRIBUTED BY A CONNECTICUT FOUNDATION. SELECTION IS MADE BY A PANEL OF VISUAL ARTISTS BASED ON MERIT AND FINANCIAL NEED. SINCE 2023, EACH NEW SCHOLARSHIP RECIPIENT RECEIVES $80,000 OVER FOUR YEARS ($10,000 PER SEMESTER). $60,000 WAS DISTRIBUTED TO THREE STUDENTS IN 2024. FORMERLY THE CONTEMPORARY VISUAL ART SCHOLARSHIP, THE AWARD WAS NAMED AFTER HVRHS ART TEACHER WARREN PRINDLE UPON HIS RETIREMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,337,330 | $6,433,716 | -0.3% |
| Expenses | $3,136,109 | $3,263,683 | 0.0% |
| Net Income | $1,201,221 | $3,170,033 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CECILY BROWN | CO-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIAN LETHBRIDGE | CO-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANTHONY B CREAMER III | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| EMILY WEI RALES | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNE COLLIER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIE C JONES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD MAXWELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEAN MOSS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| OKWUI OKPOKWASILI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATANA ROBERTS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES WELLING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN YAU | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH K TAKEDA | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$244,276 | $25,752 | $270,028 |
| KATHLEEN FLYNN | DEPUTY DIRECTOR | 40.00 |
Officer
|
$156,456 | $18,843 | $175,299 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $4,337,330 | $3,136,109 | $55,356,112 | $1,201,221 |
| 2023 | $6,433,716 | $3,263,683 | $50,346,689 | $3,170,033 |
| 2022 | $8,053,660 | $2,791,665 | $41,728,764 | $5,261,995 |
| 2021 | $7,582,108 | $5,403,452 | $44,020,214 | $2,178,656 |
| 2020 | $5,398,750 | $4,845,429 | $41,344,934 | $553,321 |
| 2019 | $3,626,867 | $2,113,019 | $35,701,394 | $1,513,848 |
| 2018 | $3,391,809 | $1,889,742 | $30,628,285 | $1,502,067 |
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