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Filing year 2022

THE LUIS A FERRE FOUNDATION INC

San Juan, Puerto Rico·EIN 66-0235625·NTEE A510 · Arts, Culture & Humanities·3
Total revenue
$4.9M
Total assets
$42M
Total expenses
$0
Reported officers
18
Mission

THE PRINCIPAL PURPOSE OF THE LUIS A. FERRE FOUNDATION, INC. (LAFF) IS TO OPERATE, MAINTAIN, CONSERVE, AND EXHIBIT ITS COLLECTION OF ART AT THE MUSEO DE ARTE DE PONCE (MAP), A MUSEUM IN PUERTO RICO ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS. LAFF OWNS ONE OF THE FINEST AND MOST IMPORTATNT COLLECTIONS OF EUROPEAN ART IN THE WESTERN HEMISPHERE. MUSEO DE ARTE DE PONCE CONNECTS THE COMMUNITY WITH THE RICHNESS OF THE WESTERN ART AND ITS MAKERS, FROM THE FOURTEENTH CENTURY TO THE PRESENT. IT INVITES DISCOVERY, STIMULATES CURIOSITY AND FOSTERS DIALOGUE. AS PART OF ITS OBJECTIVES, IT SEEKS TO PROMOTE APPRECIATION OF ART, OFFERS EDUCATIONAL AND RECREATIONAL RESOURCES, AND ESTABLISHES TIES WITH DISADVANTAGED COMMUNITIES IN PUERTO RICO.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2022

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Director
highest compensated employee
$188k
Deputy Direc
highest compensated employee
$160k
Finance Dire
highest compensated employee
$113k

Plus 15 unpaid individuals.

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