Overview

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Est.

1987

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Marwen Foundation Inc is a nonprofit organization dedicated to providing free visual arts programs to young people from under-resourced communities and schools, with a mission to educate and inspire. With an operating budget of $2.7 million and total revenue of $3.3 million for the 2024 filing year, the foundation demonstrates significant financial scale and support from multiple funders. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its initiatives.

Mission Statement

Marwen educates and inspires young people from under-resourced communities and schools through free visual arts programs.
Revenues
$3.3M
Expenses
$2.7M
Net Income:
+$598.5K
Assets
$20.4M
Liabilities
$4M
Net Assets:
+$16.4M
Operating Budget
$2.7M
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
20
Median grant size
$10K
Largest grant received
$125K
A
Akilah Hailey
Board Member
J
Juliette Buford
Board Member
M
Molly Morse Limmer
Board Member

Frequently Asked Questions

What is Marwen Foundation Inc’s budget?
In 2024, Marwen Foundation Inc reported an annual operating budget of around $2.7 million. More detailed financial information is available to registered users.
What causes does Marwen Foundation Inc support?
Marwen Foundation Inc supports work in Arts education.
Where does Marwen Foundation Inc operate?
Marwen Foundation Inc is headquartered in Chicago, IL.
Who funded Marwen Foundation Inc recently?
In 2025, Marwen Foundation Inc received grants from CHARITIES AID FOUNDATION AMERICA, Storycatchers, and ARIE AND IDA CROWN MEMORIAL. More information on this organization’s funders is available to registered users.
What is the largest grant Marwen Foundation Inc received in 2024?
The largest grant to Marwen Foundation Inc in 2024 exceeds $125 thousand.
What is Marwen Foundation Inc’s reliance on government grants?
Marwen Foundation Inc relied on government grants for less than 5% of their total revenue in 2024.