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Filing year 2024

ARTS AND LETTERS FOUNDATION INC

East Hampton, New York·EIN 52-2069719·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$4.2M
Total assets
$17.7M
Total expenses
$1.2M
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

President
Board President
25th percentile to median
$28k
$30k
Treasurer
Board Treasurer
Median to 75th percentile
$20k
$22k
Vice President
Board Vice President
25th percentile to median
$20k
$22k
Director
Unclassified
$20k
$22k
Director
Unclassified
$20k
$22k
Director
Unclassified
$20k
$22k
Former President
Board President
25th percentile to median
$15k
$16k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ARTS AND LETTERS FOUNDATION INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$852k

Itemized grants

14

Median grant

$63k

RecipientLocationPurposeAmount
BROOKLYN MUSEUMBROOKLYN, NYGENERAL PURPOSE$100k
CALVARY HOSPITALBRONX, NYGENERAL PURPOSE$100k
HENRY STREET SETTLEMENTNEW YORK, NYGENERAL PURPOSE$100k
NORTHWELL HEALTH FOUNDATIONNEW HYDE PARK, NYGENERAL PURPOSE$100k
SMITH COLLEGENORTHAMPTON, MAGENERAL PURPOSE$100k
PARRISH ART MUSEUMWATER MILL, NYGENERAL PURPOSE$75k
THE NEW YORK PUBLIC LIBRARYNEW YORK, NYGENERAL PURPOSE$75k
FREE ARTS NYCNEW YORK, NYGENERAL PURPOSE$50k
MAHATTAN SCHOOL OF MUSICNEW YORK, NYGENERAL PURPOSE$50k
NEW YORK YOUTH SYMPHONYNEW YORK, NYGENERAL PURPOSE$50k
RIVERSIDE SYMPHONIALAMBERTVILLE, NJGENERAL PURPOSE$25k
CLASSICAL SAXOPHONE PROJECTNEW YORK, NYGENERAL PURPOSE$20k
GREENBURGH ELEVEN EDUCATION FOUNDATIONDOBS FERRY, NYGENERAL PURPOSE$5k
STUDIO PLAYERSMONTCLAIR, NJGENERAL PURPOSE$2k
Compare this foundation's grantees

Down 8%
from 2023

From $30k in 2023 to $28k in 2024.

$30k
2023
$28k
2024
In today's dollarsEst.
Down 12% in real terms$34k to $30k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay fell 8% from 2023 to 2024, while revenue rose 907%.

$30k in 2023 to $28k in 2024.
  • Board Treasurer pay fell 20% from 2023 to 2024.
  • Board Vice President pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ARTS AND LETTERS FOUNDATION INC

What does the Board President of ARTS AND LETTERS FOUNDATION INC earn?

In 2024, the Board President of ARTS AND LETTERS FOUNDATION INC received $27,500 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at ARTS AND LETTERS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Board President at ARTS AND LETTERS FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at ARTS AND LETTERS FOUNDATION INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are ARTS AND LETTERS FOUNDATION INC's revenue and expenses?

In 2024, ARTS AND LETTERS FOUNDATION INC reported $4.2M in total revenue and $1.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.