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New York · Nonprofit

FREEHOLD ART EXCHANGE

FREEHOLD ART EXCHANGE (New York) receives grants from 4 organizations whose IRS filings report $425,000 to it, the largest being NOVO FOUNDATION ($300,000). 1 of them have funded it in more than one year.

Revenue FY2023
$3k
Funders on record
4
Grants received
$425k
Net assets
$51k
1/4 repeat fundersgrants exceed reported revenue in one year
01What it does

What Freehold Art Exchange does

Mission

Freehold Art Exchange [faex] is an artist residency program for visual and interdisciplinary artists invested in social justice, environmental sustainability, and community engagement.

As stated on its FY2023 Form 990-EZ.

Program

  1. Provide artist residency program for visual and interdisciplinary artists invested in social justice, environmental substainability, and community engagement

    $245,498 spentof which $235,870 as grants$3,022 earned by the program
    100% of program spending

The program described on its FY2021 Form 990. Program spending in total: $245,498.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($238k) Expenses 100 ($189k) Net assets 100 ($52k)2021 Revenue 101 ($242k) Expenses 134 ($255k) Net assets 75 ($39k)2022 Revenue 7 ($17k) Expenses 8 ($14k) Net assets 114 ($60k)2023 Revenue 1 ($3k) Expenses 6 ($12k) Net assets 97 ($51k)
2020202120222023
Revenue (1)Expenses (6)Net assets (97)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 2021 to 2022, from $39k to $60k (+52%).

$52k
$39k
$60k
$51k
2020202120222023
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.

2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

100% of FREEHOLD ART EXCHANGE’s revenue is contributions — more donation-reliant than the typical peer (78% for the typical peer).

This organization
Typical peer · 18,808 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.

$49k
’20
−$13k
’21
$3k
’22
−$9k
’23
1.5
months of
reserve

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.

20202021
Listed44
Joined·+2
No longer listed·2
03Who funds it

Who funds it, year by year

2020 → 2021: the base broadened from 2 funders to 3 funders, grant income rose $160k → $265k.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FREEHOLD ART EXCHANGE’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

FREEHOLD ART EXCHANGE leans on a few funders — its largest provides 71% of grant income and the top three 99%; half comes from just 1 funder.

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

28% 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 FREEHOLD ART EXCHANGE.

71%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2020 94% · 2021 57% — diversifying over time.

“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

98% of FREEHOLD ART EXCHANGE's grant income comes from New York funders.

NY
MA

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

’20
’21
New York out of state home

Funder states come from each funder’s own filing. $120k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

FREEHOLD ART EXCHANGE's funding base is broadening — from 2 funders to 3 as grant income climbed.

Operating margin−273% · bottom quartile
Revenue growth (annualized)−76% · bottom quartile

this organization peer median middle 50% of peers· 14,279 arts & culture nonprofits under $100k, FY2023

Organizations like FREEHOLD ART EXCHANGE

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 New York

Nationally

05Profile & governance

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

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FREEHOLD ART EXCHANGE: 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.

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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 FREEHOLD ART EXCHANGE?
FREEHOLD ART EXCHANGE (New York) receives grants from 4 organizations whose IRS filings report $425,000 to it, the largest being NOVO FOUNDATION ($300,000). 1 of them have funded it in more than one year.
How many funders does FREEHOLD ART EXCHANGE have?
IRS filings report 4 organizations giving $425,000 in grants to FREEHOLD ART EXCHANGE, 1 of which have funded it in more than one year.
Who is the largest funder of FREEHOLD ART EXCHANGE?
NOVO FOUNDATION is the largest funder on record, with $300,000 in grants. The full list of funders is on this page.
How can an organization like FREEHOLD ART EXCHANGE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 FY2023 (financials across 2020–2023), and the filings of 4 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