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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.