RICHARD HUNT LEGACY FOUNDATION INC

EIN: 993118777 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$2,182,500
Total Expenses
N/A
Total Assets
$2,182,500
Net Assets
$2,182,500
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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
IL
Principal Officer
BK FULTON
Phone
5048375990
Tax Period
2024-01-01 to 2024-12-31

RICHARD HUNT LEGACY FOUNDATION INC, founded in 2023, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.2M in total revenue in fiscal year 2024.

Mission

THE RICHARD HUNT LEGACY FOUNDATION ENSURES THAT FUTURE GENERATIONS FULLY APPRECIATE THE LIFE AND ART OF THE AMERICAN SCULPTOR RICHARD HUNT. OUR ORGANIZATION IS FOCUSED ON EXHIBITIONS AND CURATION OF THE ARTIST'S WORK; DEEP RESEARCH AND SCHOLARSHIP, INCLUDING ARCHIVAL MANAGEMENT; EDUCATIONAL OUTREACH; SUPPORTING EMERGING ARTISTS THROUGH TWO AWARDS (SCULPTURE AND PRINTMAKING). OUR MISSION IS TO ENCOURAGE, INSPIRE, EDUCATE, AND SUPPORT THE PUBLIC'S UNDERSTANDING OF RICHARD HUNT'S WORK AND HIS PLACE IN AMERICAN AND ART HISTORY

Program Service Accomplishments

Program 1
Expenses: $0

PUBLISHED THE PUBLIC ART ARCHIVE RESOURCE, PROVIDING DETAILS AND IMAGES FOR 148 OUT OF 160 OF RICHARD HUNT'S PUBLIC SCULPTURES. THESE ARE AVAILABLE ON THE PAA'S WEBSITE, WWW.PUBLICARTARCHIVE.ORG...

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PUBLISHED THE PUBLIC ART ARCHIVE RESOURCE, PROVIDING DETAILS AND IMAGES FOR 148 OUT OF 160 OF RICHARD HUNT'S PUBLIC SCULPTURES. THESE ARE AVAILABLE ON THE PAA'S WEBSITE, WWW.PUBLICARTARCHIVE.ORG PROVIDED SCHOLARSHIP AND ARCHIVAL RESEARCH FOR EXHIBITION CATALOGUES, ALONG WITH ARCHIVAL IMAGES AND CAPTIONS OF THE ARTIST AND HIS WORK.

Program 2
Expenses: $0

SUPPORTED TWO PUBLIC ART EXHIBITIONS: WHITE CUBE, "EARLY MASTERWORKS, AND ABRAHAM LINCOLN PRESIDENTIAL LIBRARY AND MUSEUM'S "FREEDOM IN FORM," WITH RESEARCH, CONSERVATION GUIDANCE, AND ARCHIVAL...

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SUPPORTED TWO PUBLIC ART EXHIBITIONS: WHITE CUBE, "EARLY MASTERWORKS, AND ABRAHAM LINCOLN PRESIDENTIAL LIBRARY AND MUSEUM'S "FREEDOM IN FORM," WITH RESEARCH, CONSERVATION GUIDANCE, AND ARCHIVAL SUPPORT OF THE ARTIST'S LIFE AND WORK. IN ADDITION, PROVIDED SCHOLARSHIP AND ARCHIVAL RESEARCH FOR EXHIBITION CATALOGUES, ALONG WITH ARCHIVAL IMAGES AND CAPTIONS OF THE ARTIST AND HIS WORK.

Program 3
Expenses: $0

ARCHIVAL MANAGEMENT - COMPILED, SOURCED, AND LAUNCHED A DIGITAL ARCHIVE FOR THE FOUNDATION, INCLUDING SOURCING THOUSANDS OF FILES FROM THE ARTISTS' STUDIO AND FROM PRIVATE AND PUBLIC ARTS...

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ARCHIVAL MANAGEMENT - COMPILED, SOURCED, AND LAUNCHED A DIGITAL ARCHIVE FOR THE FOUNDATION, INCLUDING SOURCING THOUSANDS OF FILES FROM THE ARTISTS' STUDIO AND FROM PRIVATE AND PUBLIC ARTS ORGANIZATIONS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,182,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,182,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $2,182,500 N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
17

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BK FULTON CHAIRMAN 5.00
Officer Director
$0 $0 $0
NOAH DORSKY TREASURER 2.00
Officer Director
$0 $0 $0
JON OTT VICE CHAIRMAN 10.00
Officer Director
$0 $0 $0
MICHAEL DINWIDDIE SECRETARY 2.00
Officer Director
$0 $0 $0
MICHELLE DINWIDDIE-SEGUE MEMBER 1.00
Director
$0 $0 $0
THEASTER GATES MEMBER 1.00
Director
$0 $0 $0
GEORGE E JOHNSON SR MEMBER 1.00
Director
$0 $0 $0
LISA C BROWN MEMBER 1.00
Director
$0 $0 $0
JACQUELYN E STONE MEMBER 1.00
Director
$0 $0 $0
LERONN P BROOKS MEMBER 1.00
Director
$0 $0 $0
GARY GARDNER MEMBER 1.00
Director
$0 $0 $0
FRED GIUFFRIDA MEMBER 1.00
Director
$0 $0 $0
DARRELL WALKER MEMBER 1.00
Director
$0 $0 $0
ANITA BLANCHARD MEMBER 1.00
Director
$0 $0 $0
DAVID GRAIN MEMBER 1.00
Director
$0 $0 $0
ANN GOLDSTEIN MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,182,500 No data $2,182,500 No data
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