Overview

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Est.

2009

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

I-Park Foundation Inc is a nonprofit organization dedicated to arts education, primarily through its international artists-in-residence program that fosters artistic creativity and excellence. With an operating budget of $404.1K and total revenue of $627.5K for the 2024 filing year, I-Park provides a supportive environment for a diverse group of artists to develop new works in a tranquil setting. The organization does not appear to rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.i-park.org.

Mission Statement

Primarily through its international artists-in-residence program, I-Park nurtures artistic creativity and excellence, in the abstract and at the level of the individual artist. I-Park also has a specific interest in site-responsive art and makes its expansive grounds available to those working in this field. I-Park's core General Residency Program brings together a multi-disciplinary mix of artists developing promising ideas, and creating new works, in a quiet, intimate, retreat-type setting. I-Park prides itself on the high level of personalized attention given to the artists as they strive to realize their most ambitious artistic goals.
Revenues
$627.5K
Expenses
$426.6K
Net Income:
+$200.9K
Assets
$1M
Liabilities
$200.7K
Net Assets:
+$837.3K
Operating Budget
$404.1K
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
2
Median grant size
$115.2K
Largest grant received
$228.9K
J
Joanne Paradis
Board Member
M
Michael Geller
Board Member
G
Guido Garaycochea
Board Member

Frequently Asked Questions

What is I-Park Foundation Inc’s budget?
In 2024, I-Park Foundation Inc reported an annual operating budget of around $404 thousand. More detailed financial information is available to registered users.
What causes does I-Park Foundation Inc support?
I-Park Foundation Inc supports work in Arts education.
Where does I-Park Foundation Inc operate?
I-Park Foundation Inc is headquartered in East Haddam, CT.
Who funded I-Park Foundation Inc recently?
In 2024, I-Park Foundation Inc received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, DOMINION ENERGY CHARITABLE FOUNDATION, and CONNECTICUT HUMANITIES COUNCIL INC. More information on this organization’s funders is available to registered users.
What is the largest grant I-Park Foundation Inc received in 2024?
The largest grant to I-Park Foundation Inc in 2024 exceeds $229 thousand.
What is I-Park Foundation Inc’s reliance on government grants?
I-Park Foundation Inc relied on government grants for more than 30% of their total revenue in 2024.