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Filing year 2024

Eugene and Margaret McDermott Art Fund

Dallas, Texas·EIN 75-2567893·NTEE A90M · Arts, Culture & Humanities·501(c)(3)
Total revenue
$2.5M
Total assets
$281.1M
Total expenses
$56k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. Eugene and Margaret McDermott Art Fund reported 4 unpaid officers and board members on its 990-PF.

Chairman & Dir
Director
Sectreas & Director
Director

Grants paid

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

Total granted

$0

Itemized grants

0

Financial trend

Revenue and expenses over time

Eugene and Margaret McDermott Art Fund reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.7M
$46k
2023
$2.5M
$56k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Arts, Culture & Humanities executives earn in Texas

Eugene and Margaret McDermott Art Fund reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Texas earns a median of $50,496.

25th percentile
$20k
Median
$50,496
75th percentile
$95k
90th percentile
$189k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 932 organizations across 932 filings (2020 – 2024).

See full Arts, Culture & Humanities pay data for Texas
FAQ

Common questions about Eugene and Margaret McDermott Art Fund

What are Eugene and Margaret McDermott Art Fund's revenue and expenses?

In 2024, Eugene and Margaret McDermott Art Fund reported $2.5M in total revenue and $56k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.