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Washington · Nonprofit

ARTSFUND FOUNDATION

ARTSFUND FOUNDATION (Washington) receives grants from 3 organizations whose IRS filings report $43,126 to it, the largest being THE DORSEY & WHITNEY FOUNDATION ($34,505). 1 of them have funded it in more than one year.

Revenue FY2025
$9.0M
Funders on record
3
Grants received
$43k
Net assets
$46M
1/3 repeat funderspeak grant-dependency 1%
01What it does

What Artsfund Foundation does

Mission

The Artsfund Foundation was created to support the activities of and for the benefit of artsfund, an organization described in code section 501(c)(3).

As stated on its FY2025 Form 990.

Program

  1. Artsfund Foundation provides management of endowment funds for artsfund, a separate irs section 501(c)(3) organization. Artsfund provides operating grants to irs section 501(c)(3) nonprofit arts organizations. Artsfund Foundation paid $1,666,633 to artsfund during fiscal year ending september 30, 2025.

    $1,666,633 spentof which $1,666,633 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,666,633.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4.5M) Expenses 100 ($782k) Net assets 100 ($21M)2018 Revenue 45 ($2.0M) Expenses 200 ($1.6M) Net assets 105 ($22M)2019 Revenue 14 ($619k) Expenses 114 ($894k) Net assets 105 ($22M)2020 Revenue 168 ($7.5M) Expenses 310 ($2.4M) Net assets 135 ($28M)2021 Revenue 33 ($1.5M) Expenses 130 ($1.0M) Net assets 158 ($33M)2022 Revenue 84 ($3.8M) Expenses 135 ($1.1M) Net assets 128 ($26M)2023 Revenue 53 ($2.4M) Expenses 129 ($1.0M) Net assets 138 ($28M)2024 Revenue 169 ($7.6M) Expenses 191 ($1.5M) Net assets 188 ($39M)2025 Revenue 200 ($9.0M) Expenses 241 ($1.9M) Net assets 223 ($46M)
'17'18'19'20'21'22'23'24'25
Revenue (200)Expenses (241)Net assets (223)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $28M to $39M (+36%).

$21M
$22M
$22M
$28M
$33M
$26M
$28M
$39M
$46M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

56% of ARTSFUND FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (82% for the typical peer).

This organization
Typical peer · 3,052 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$3.7M
’17
$449k
’18
−$274k
’19
$5.1M
’20
$459k
’21
$2.7M
’22
$1.4M
’23
$6.1M
’24
$7.1M
’25

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Sandy Mcdade

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed10121212109888
Joined·+3+3+2+1+0+0+2+1
No longer listed·13231121
03Who funds it

Who funds it, year by year

2017 → 2020: the base narrowed from 2 funders to 1 funder, grant income fell $17k → $10k.

Funder
'17
'18
'19
'20
total
funders
2
1
2
1

Left out of every figure on this page: $7.3M from one payer (the payer shares this organization's board, largest Artsfund). These are real filings, and they are not money ARTSFUND FOUNDATION raised.

From the IRS filings of ARTSFUND FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ARTSFUND FOUNDATION leans on a few funders — its largest provides 80% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ARTSFUND FOUNDATION.

80%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 51% · 2018 100% · 2019 100% · 2020 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

ARTSFUND FOUNDATION draws 80% of its grant income from funders outside Washington, across 2 states in all.

WA
MN

In-state vs out-of-state, by year

’17
’18
’19
’20
Washington out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ARTSFUND FOUNDATION runs a healthier operating margin than three-quarters of the 1,504 philanthropy nonprofits its size.

Operating margin79% · top quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 1,504 philanthropy nonprofits $1M–$10M, FY2025

Organizations like ARTSFUND FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Artsfund · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ARTSFUND FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ARTSFUND FOUNDATION?
ARTSFUND FOUNDATION (Washington) receives grants from 3 organizations whose IRS filings report $43,126 to it, the largest being THE DORSEY & WHITNEY FOUNDATION ($34,505). 1 of them have funded it in more than one year.
How many funders does ARTSFUND FOUNDATION have?
IRS filings report 3 organizations giving $43,126 in grants to ARTSFUND FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of ARTSFUND FOUNDATION?
THE DORSEY & WHITNEY FOUNDATION is the largest funder on record, with $34,505 in grants. The full list of funders is on this page.
How can an organization like ARTSFUND FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing