Overview

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Est.

1974

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CRAFT CONTEMPORARY is an art museum organization focused on contemporary art made from craft media and processes, with a mission to educate, captivate, provoke, and empower through dynamic exhibitions by established and emerging artists and designers who are often underrepresented in larger art institutions. In filing year 2024, it reported an operating budget of $1.6M and total revenue of $1.2M, with major support from PERENCHIO FOUNDATION, CALIFORNIA COMMUNITY FOUNDATION, THE J PAUL GETTY TRUST, THE RALPH M PARSONS FOUNDATION, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND; no single listed funder appears to account for 50% or more of revenue.

Mission Statement

CRAFT CONTEMPORARY REVEALS THE POTENTIAL OF CRAFT TO EDUCATE, CAPTIVATE, PROVOKE, AND EMPOWER. WITH A FOCUS ON CONTEMPORARY ART MADE FROM CRAFT MEDIA AND PROCESSES, CRAFT CONTEMPORARY PRESENTS DYNAMIC EXHIBITIONS BY ESTABLISHED AND EMERGING ARTISTS AND DESIGNERS WHO ARE OFTEN UNDERREPRESENTED IN LARGER ART INSTITUTIONS.
Revenues
$1.2M
Expenses
$1.6M
Net Income:
-$429.1K
Assets
$3.7M
Liabilities
$61.9K
Net Assets:
+$3.6M
Operating Budget
$1.6M
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
15
Median grant size
$17.2K
Largest grant received
$241K
R
Richard Erickson
Board Member
C
Corina Cotsen
Board Member
S
Stan Savage
Board Member
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  • 36 funders
  • 41 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is CRAFT CONTEMPORARY’s budget?
In 2024, CRAFT CONTEMPORARY reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does CRAFT CONTEMPORARY support?
CRAFT CONTEMPORARY supports work in Art museums and Museums.
Where does CRAFT CONTEMPORARY operate?
CRAFT CONTEMPORARY is headquartered in Los Angeles, CA.
Who funded CRAFT CONTEMPORARY recently?
In 2025, CRAFT CONTEMPORARY received grants from AMERICAN ONLINE GIVING FOUNDATION INC, PASADENA ART ALLIANCE, and ELIZABETH BIXBY JANEWAY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant CRAFT CONTEMPORARY received in 2024?
The largest grant to CRAFT CONTEMPORARY in 2024 exceeds $241 thousand.