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EIN 84-3357562

Modern Ancient Brown Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Detroit
State
Michigan
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Modern Ancient Brown Foundation primarily funds art education and supports various art initiatives. It provides grants to organizations such as the Detroit Institute of Arts and made three grants last year. This corporate foundation operates under MODERN ANCIENT BROWN INC, based in Chicago, IL, while being located in Detroit, MI.
Total revenues
$479,824
2023
Total expenses
$287,415
2023
Total assets
$485,414
2023
Num. employees
0
2023

Grants made by Modern Ancient Brown Foundation

GranteeGrant descriptionAmount
Cranbrook Educational CommunityTo Support Art Education$5,000
The Detroit Institute of ArtsTo Support Art$5,000
Chicago Torture Justice CenterTo Support Organization Work$5,000
...and 1 more grant made

Personnel at Modern Ancient Brown Foundation

NameTitleCompensation
Michael Stone-RichardsExecutive Director$36,800

Financials for Modern Ancient Brown Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$48,624
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$431,200
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$479,824

Form 990s for Modern Ancient Brown Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990PFView PDF
2022-122023-11-14990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-11990PFView PDF

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Blavatnik Archive FoundationNew York, NY$322,603
The Deluca FoundationNatick, MA$394,726
Sam and Adele Golden Foundation for the ArtsNew Berlin, NY$536,945
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Wings Financial FoundationApple Valley, MN$512,842
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Data update history
January 4, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 3, 2024
Updated personnel
Identified 1 new personnel
August 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
October 6, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsFamily foundationsPrivate operating foundationsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
1265 Parkview St
Detroit, MI 48214
Metro area
Detroit-Warren-Dearborn, MI
County
Wayne County, MI
Phone
(773) 315-2116
IRS details
EIN
84-3357562
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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