EIN 87-2425228

Liu Shiming Art Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2022-12-01
Description
The Liu Shiming Art Foundation aims to preserve the works of acclaimed Chinese artist Liu Shiming, as well as advance arts, history, and culture. In pursuit of this mission, the foundation provides support and funding for emerging artists, particularly in sculpture. Additionally, the foundation offers seed donations to set up a "Liu Shiming Scholars Fund" at universities and colleges. The foundation is located in New York, NY.
Total revenues
$1,451,673
2022
Total expenses
$1,283,836
2022
Total assets
$169,823
2022
Num. employees
0
2022

Program areas at Liu Shiming Art Foundation

One of the primary purposes of the Liu Shiming Art Foundation is to provide support and funding for emerging artists, especially in the field of sculpture. The Liu Shiming Art Foundation provides seed donations to set up a "Liu Shiming scholars fund" at universities and institutions around the world. The recipient institutions reward scholarships on an annual basis to those with demonstrated financial need, who show promise in the field of Art, history, and multi-cultural studies. In 2022, we collaborated with a total of 15 schools worldwide, including 8 schools within the country and 7 schools overseas.
The Liu Shiming Art grant is a charitable fund that aims to encourage artists who are dedicated to the lifetime pursuit of developing their Art and contributing to society. Our highest priority is to support artists early in their careers who create work or projects that have the potential to blossom and grow, while we encourage them to reflect on how humanity and multiculturalism are represented in their work.the Liu Shiming Art Foundation awards numerous grants to young artists who are no longer enrolled in school or students enrolled in institutions outside our partner universities/colleges. We launched this project in the year 2022, but the disbursement of support funds will take place in the year 2023.

Grants made by Liu Shiming Art Foundation

GranteeGrant descriptionAmount
Rutgers University FoundationScholarship Programs With Schools To Support Students in Arts and Cultural Studies$156,000
Ucla FoundationScholarship Programs With Schools To Support Students in Arts and Cultural Studies$150,000
ASU FoundationScholarship Programs With Schools To Support Students in Arts and Cultural Studies$82,106
...and 4 more grants made

Personnel at Liu Shiming Art Foundation

NameTitleCompensation
Puiking HuiExecutive Director
Zhiyong YangPresident$0
Yu BaiTreasurer$0
Zezong MaoExecutive President$0
Si YangSecretary$0

Financials for Liu Shiming Art Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,451,673
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,451,673

Form 990s for Liu Shiming Art Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-08-22990EZView PDF
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
August 10, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
May 17, 2023
Updated personnel
Identified 4 new personnel
May 11, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsOperates internationallyTax deductible donationsNo full-time employees
General information
Address
15 E 40th St FL 2
New York, NY 10016
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
lsmartfund.org/ 
Phone
(917) 605-0098
IRS details
EIN
87-2425228
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A40: Visual Art Organizations, Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Liu Shiming Art Foundation has new information, or want to find more organizations like Liu Shiming Art Foundation?

Create free Cause IQ account