Overview

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Est.

1937

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Solomon R. Guggenheim Foundation is dedicated to innovation in the field of art museums, with an operating budget of $84.9 million and total revenue of $88.2 million for the filing year 2024. The foundation receives significant support from major funders, including Fidelity Investments Charitable Gift Fund, National Philanthropic Trust, and Donor Advised Charitable Giving Inc. It does not rely on any single funder for 50% or more of its revenue. For more information, visit www.guggenheim.org.

Mission Statement

COMMITTED TO INNOVATION, THE SOLOMON R. GUGGENHEIM FOUNDATION COLLECTS, (CONTINUED ON SCHEDULE O)
Revenues
$88.2M
Expenses
$84.9M
Net Income:
+$3.3M
Assets
$230.2M
Liabilities
$107.4M
Net Assets:
+$122.8M
Operating Budget
$84.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
78
Median grant size
$10K
Largest grant received
$408.2K
M
Martine Westermann
Board Member
C
Colette Chestnut
Board Member
P
Paul Cronson
Board Member

Frequently Asked Questions

What is SOLOMON R GUGGENHEIM FOUNDATION’s budget?
In 2024, SOLOMON R GUGGENHEIM FOUNDATION reported an annual operating budget of around $84.9 million. More detailed financial information is available to registered users.
What causes does SOLOMON R GUGGENHEIM FOUNDATION support?
SOLOMON R GUGGENHEIM FOUNDATION supports work in Art museums.
Where does SOLOMON R GUGGENHEIM FOUNDATION operate?
SOLOMON R GUGGENHEIM FOUNDATION is headquartered in New York, NY.
Who funded SOLOMON R GUGGENHEIM FOUNDATION recently?
In 2025, SOLOMON R GUGGENHEIM FOUNDATION received grants from Jewish Communal Fund, CHARITIES AID FOUNDATION AMERICA, and THE AARON I FLEISCHMAN AND LIN LOUGHEED FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant SOLOMON R GUGGENHEIM FOUNDATION received in 2024?
The largest grant to SOLOMON R GUGGENHEIM FOUNDATION in 2024 exceeds $408 thousand.
What is SOLOMON R GUGGENHEIM FOUNDATION’s reliance on government grants?
SOLOMON R GUGGENHEIM FOUNDATION relied on government grants for less than 5% of their total revenue in 2024.