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EIN 27-1147593

Jules Olitski Art Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Marlboro
State
Vermont
Year formed
2016
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
Jules Olitski Art Foundation is a private foundation in Marlboro, VT, which was founded in 2016 and most recently had $73,456,807 in revenue and two employees.
Total revenues
$73,456,807
2022
Total expenses
$513,705
2022
Total assets
$73,053,402
2022
Num. employees
2
2022

Program areas at Jules Olitski Art Foundation

Foundation is currently in the initial stage of activities but plans to eventually loan artwork to museums, cultural and educational organizations and will make that work available to the general public to further the knowledge of Olitski's Art and Art in general for the education and benefit of the public.

Personnel at Jules Olitski Art Foundation

NameTitleCompensation
Lauren PosterTreasurer$154,992
Bradley PosterFacilities Manager$94,500

Financials for Jules Olitski Art Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$72,870,770
Investment income and dividends$37
Net rental income$0
Net gain from sale of non-inventory assets$586,000
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$73,456,807

Form 990s for Jules Olitski Art Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-10-25990PFView PDF
2019-122021-06-11990PFView PDF
2018-122019-07-10990PFView PDF
...and 2 more Form 990s

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Data update history
December 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 26, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 3 new personnel
June 20, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Private foundationsPrivate operating foundationsCharities
Issues
No issues found
Characteristics
Partially liquidatedTax deductible donations
General information
Address
PO Box 440
Marlboro, VT 05344
County
Windham County, VT
Phone
(802) 368-7845
IRS details
EIN
27-1147593
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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