Illinois · Nonprofit
TERRA FOUNDATION FOR AMERICAN ART
TERRA FOUNDATION FOR AMERICAN ART (Illinois) receives grants from 3 organizations whose IRS filings report $1,809,000 to it, the largest being ART BRIDGES INC ($1,059,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $12M
- Funders on record
- 3
- Grants received
- $1.8M
- Net assets
- $615M
What Terra Foundation for American Art does
Programs
Grants were awarded to 209 educational & public institutions for exhibitions, educational programs & symopsia, fellowships, & publications.
$15,419,104 spentDirect activities to advance the field of american art, including exhibitions, scholarly research, publications and educational & residency programs.
$627,826 spent
The 2 programs described on its FY2024 Form 990-PF.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $545M to $632M (+16%).
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.
Chief executive
Sharon Corwin
CEO, president
As listed on its FY2025 Form 990-PF.
Who funds it, year by year
2017 → 2019: the base narrowed from 2 funders to 1 funder, grant income rose $400k → $1.1M.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 36% 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 TERRA FOUNDATION FOR AMERICAN ART’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
TERRA FOUNDATION FOR AMERICAN ART leans on a few funders — its largest provides 59% 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
36% 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 TERRA FOUNDATION FOR AMERICAN ART.
Largest funder’s share by year: 2017 75% · 2018 100% · 2019 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
TERRA FOUNDATION FOR AMERICAN ART draws 91% of its grant income from funders outside Illinois, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $650k 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.
Against its field
TERRA FOUNDATION FOR AMERICAN ART's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 452 philanthropy nonprofits $10M–$100M, FY2025
Organizations like TERRA FOUNDATION FOR AMERICAN ART
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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for TERRA FOUNDATION FOR AMERICAN ART: 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.
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 TERRA FOUNDATION FOR AMERICAN ART?
- TERRA FOUNDATION FOR AMERICAN ART (Illinois) receives grants from 3 organizations whose IRS filings report $1,809,000 to it, the largest being ART BRIDGES INC ($1,059,000). 1 of them have funded it in more than one year.
- How many funders does TERRA FOUNDATION FOR AMERICAN ART have?
- IRS filings report 3 organizations giving $1,809,000 in grants to TERRA FOUNDATION FOR AMERICAN ART, 1 of which have funded it in more than one year.
- Who is the largest funder of TERRA FOUNDATION FOR AMERICAN ART?
- ART BRIDGES INC is the largest funder on record, with $1,059,000 in grants. The full list of funders is on this page.
- How can an organization like TERRA FOUNDATION FOR AMERICAN ART find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. 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 2020–2025), 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