Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
CONTEMPORARY ARTS FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1100 NW 23RD STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MIAMI, FL33127
A Employer identification number

65-0632809
B Telephone number (see instructions)

(305) 913-1040
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$32,744,819J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 3,611,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 105,478 105,478  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 955,429
b Less: Cost of goods sold.... 127,587
c Gross profit or (loss) (attach schedule)..... 827,842 827,842
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,423,109 0 1,423,109
12 Total. Add lines 1 through 11........ 5,967,429 105,478 2,250,951
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 216,708 0 0 216,708
14 Other employee salaries and wages...... 1,112,334 0 155,727 956,608
15 Pension plans, employee benefits....... 12,219 0 0 12,219
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
37,419 0 18,710 18,709
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,822 0 5,411 5,411
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
120,406 0 60,202 60,204
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
185,443 0 11,955 173,488
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
279,343 0 279,343
20 Occupancy..............        
21 Travel, conferences, and meetings....... 39,307 0 0 39,307
22 Printing and publications.......... 3,390 0 0 3,390
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,086,502 0 677,534 408,968
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,103,893 0 1,208,882 1,895,012
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 3,103,893 0 1,208,882 1,895,012
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,863,536
b Net investment income (if negative, enter -0-) 105,478
c Adjusted net income (if negative, enter -0-)... 1,042,069
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 819,188 8,315 8,315
2 Savings and temporary cash investments......... 1,424,844 2,330,321 2,330,321
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 3,635 2,908 2,908
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow8,181,277
Less: accumulated depreciation (attach schedule) right arrow1,727,476 6,651,625 Click to see attachment
List of Attached Documents:
// Content
6,453,801 		6,453,801
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
21,149,475 		Click to see attachment
List of Attached Documents:
// Content
23,949,474 		Click to see attachment
List of Attached Documents:
// Content
23,949,474
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,048,767 32,744,819 32,744,819
Liabilities 17 Accounts payable and accrued expenses.......... 1,028,395 928,395
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 150,000 142,308
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
70,314 		Click to see attachment
List of Attached Documents:
// Content
10,522
23 Total liabilities (add lines 17 through 22)......... 1,248,709 1,081,225
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 28,800,058 31,663,594
29 Total net assets or fund balances (see instructions)..... 28,800,058 31,663,594
30 Total liabilities and net assets/fund balances (see instructions). 30,048,767 32,744,819
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
28,800,058
2
Enter amount from Part I, line 27a .....................
2
2,863,536
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
31,663,594
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,663,594
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,466
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,466
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,466
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 53
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 1,119
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowFL, DC
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.RFC.MUSEUM
14
The books are in care ofright arrowLILIANA ZARIF Telephone no.right arrow (305) 913-1040

Located atright arrow1100 NW 23RD STREETMIAMIFL ZIP+4right arrow33127
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DONALD RUBELL DIRECTOR
20.00 		0 0 0
311 LINCOLN ROAD SUITE 200
MIAMI BEACH,FL33139
MERA RUBELL DIRECTOR
20.00 		0 0 0
311 LINCOLN ROAD SUITE 200
MIAMI BEACH,FL33139
JENNIFER RUBELL DIRECTOR
10.00 		0 0 0
311 LINCOLN ROAD SUITE 200
MIAMI BEACH,FL33139
JASON RUBELL DIRECTOR
20.00 		0 0 0
311 LINCOLN ROAD SUITE 200
MIAMI BEACH,FL33139
JUAN VALADEZ DIRECTOR - MIAMI & DC
40.00 		216,708 5,200 0
1661 ASHTON COURT
MIAMI,FL33145
LILIANA ZARIF DIRECTOR
20.00 		0 0 0
311 LINCOLN ROAD SUITE 200
MIAMI BEACH,FL33139
BARRY BRANT DIRECTOR
1.00 		0 0 0
200 E LAS OLAS BLVD 19FL
FORT LAUDERDALE,FL33301
MICHELLE SIMKINS DIRECTOR
5.00 		0 0 0
510 LAKEVIEW COURT
MIAMI BEACH,FL33140
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 THE FOUNDATION OPERATES TO EXHIBIT THE RUBELL FAMILY COLLECTION OF CONTEMPORARY ART ON LOAN AS WELL AS OTHER PRIVATE AND MUSEUM COLLECTIONS AT ITS PRIMARY LOCATION. 568,503
2 THE FOUNDATION PARTICIPATES IN FORMAL EDUCATION OF ART AND ART HISTORY STUDENTS THROUGH CLASSES CONDUCTED AT THE FOUNDATION BY LOCAL HIGH SCHOOLS, COLLEGES & UNIVERSITIES. 1,326,507
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
2,481,329
c
Fair market value of all other assets (see instructions)................
1c
30,406,183
d
Total (add lines 1a, b, and c).........................
1d
32,887,512
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
32,887,512
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
493,313
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
32,394,199
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,619,710
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,895,012
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,895,012
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
2008-12-22
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
1,042,069 1,521,099 1,024,977 719,743 4,307,888
b 85% (0.85) of line 2a ......... 885,759 1,292,934 871,230 611,782 3,661,705
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		1,895,012 1,792,973 1,382,151 929,829 5,999,965
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		1,895,012 1,792,973 1,382,151 929,829 5,999,965
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 32,744,819 30,048,767 21,855,289 15,773,231 100,422,106
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 32,744,819 30,048,767 21,855,289 15,773,231 100,422,106
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		        0
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
DONALD RUBELL
MERA RUBELL
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a 0
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aPROGRAM FEES         96,283
bVENUE RENTAL         1,163,070
cEXHIBITION FEES         163,756
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 105,478  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory 459900 58,709     769,133
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 58,709 105,478 2,192,242
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,356,429
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1A MEMBERSHIPS ARE OFFERED BY THE MUSEUM TO THOSE INDIVIDUALS WHO ENJOYED
1A THEIR VISIT AND PLAN ON FREQUENTING THE MUSEUM MULTIPLE TIMES A YEAR.
1A THESE MEMBERSHIPS ALLOW VISITORS TO SAVE MONEY IF THEY PLAN ON
1A VISITING NUMEROUS TIMES. ADDITIONALLY, INDIVIDUALS WHO SIGN UP FOR
1A MUSEUM MEMBERSHIPS RECEIVE ADDED BENEFITS SUCH AS INVITATIONS TO FREE
1A EDUCATIONAL PROGRAMS INCLUDING ARTIST LECTURES, EARLY ACCESS TO NEW
1A EXHIBITIONS, AND DISCOUNTS ON PURCHASES AT THE MUSEUM STORE AND
1A RESTAURANT.
1B THE MUSEUM SPACE IS OFTEN RENTED OUT TO CORPORATE GROUPS AND PRIVATE
1B INDIVIDUALS FOR EVENTS SUCH AS BUSINESS CONFERENCES AND GALAS FOR
1B NON-PROFITS. THESE SALES HELP THE MUSUEM SUPPORT ITSELF AND KEEP ITS
1B DOORS OPEN TO VISITORS. THESE EVENTS ALSO BRING IN THOUSANDS OF GUESTS
1B WHO OTHERWISE WOULDN'T HAVE KNOWN ABOUT THE MUSEUM WHICH BROADENS
1B VISITORSHIP TO DIVERSE AUDIENCES.
1C THESE FEES ARE CHARGED TO OTHER INSTITUTES FOR BORROWING ENTIRE
1C EXHIBITIONS CURATED, CRATED, AND TRANSPORTED BY THE RUBELL MUSEUM. THE
1C EXHIBITIONS TRAVELED TO MUSEUMS ACROSS THE COUNTRY IN CITIES INCLUDING
1C ARLINGTON, TEXAS AND AKRON, OHIO, WHICH IN TURN SHARES
1C CONTEMPORARY ART FROM THE RUBELL MUSEUM WITH AUDIENCES OUTSIDE MIAMI,
1C ENRICHING THEIR KNOWLEDGE OF ARTS AND CULTURE.
10 ADMISSION TICKETS, EXHIBITION CATALOGS, AND OTHER ART MERCHANDISE ARE
10 SOLD TO VISITORS WHO COME TO THE MUSEUM TO LEARN ABOUT CONTEMPORARY
10 ART AND TO TAKE HOME BOOKS FOR CONTINUING EDUCATION AND SOUVENIRS
10 FOR FRIENDS AND FAMILY TO LEARN ABOUT THE MUSEUM.
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
CONTEMPORARY ARTS FOUNDATION INC
 
Employer identification number

65-0632809
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
CONTEMPORARY ARTS FOUNDATION INC
  		Employer identification number
65-0632809
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
WYNWOOD PARTNERS LTD
 
1100 NW 23RD STREET
 
MIAMI, FL33127

$ 2,771,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
KNIGHT FOUNDATION
 
2850 TIGERTAIL AVE SUITE 600
 
MIAMI, FL33133

$ 400,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
MIAMI DADE COUNTY- GRANT
 
111 NW 1ST STREET SUITE 625
 
MIAMI, FL33128

$ 157,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
BOA SPONSORSHIP
 
PO BOX 55850
 
BOSTON, MA02205

$ 170,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
GOLDMAN SACHS
 
200 BISCAYNE BLVD 3700
 
MIAMI, FL33131

$ 80,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
VASSIL FAMILY FOUNDATION
 
3250 MARY STREET SUITE 204
 
COCONUT GROVE, FL33133

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
CONTEMPORARY ARTS FOUNDATION INC
  		Employer identification number
65-0632809
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
ROBERT WILSON CHARITABLE TRUST
 
3 TIMES SQ 24TH FLOOR
 
NEW YORK, NY10036

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
NATIONAL FOUNDATION FOR THE ADVANCEMENT OF ARTISTS
 
2100 BISCAYNE BOULEVARD
 
MIAMI, FL33137

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
MARIO CADER-FRECH
2151 NW 13THAVENUE UNIT 15
 
MIAMI, FL33142

$ 7,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
CONTEMPORARY ARTS FOUNDATION INC
  		Employer identification number

65-0632809
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - JUDY RIFKA UNTITLED $ 18,500 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - DAVID SALLE TWO NO FIGURES $ 500,000 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - JOSE MARIA SICILIA PLACE DE LA BASTILLE $ 90,000 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - CRISTINA IGLESIAS UNTITLED (M.M/9) $ 75,000 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - KARA WALKER CAMPTOWN LADIES $ 600,000 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - FELIX GONZALEZ-TORRES UNTITLED (JOIN) [ IN CONJUCTION WITH MICHAEL JENKINS] $ 1,000,000 2024-12-31
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
CONTEMPORARY ARTS FOUNDATION INC
  		Employer identification number

65-0632809
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - GRENVILLE DAVEY RELIEF $ 22,500 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - JANINE ANTONI EUREKA $ 150,000 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - JAN VERCRUYSSE EVENTAIL(IX) $ 55,000 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - JESSICA STOCKHOLDER UNTITLED $ 80,000 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTWORK - ALLAN MCCOLLUM TWENTY PLASTER SURROGATES $ 180,000 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
CONTEMPORARY ARTS FOUNDATION INC
  		Employer identification number

65-0632809
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 10,822 0 5,411 5,411

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
BOOKS 2002-03-15 483 402 SL 7.000000000000 0 0 0  
BOOKS 2002-04-15 1,115 940 SL 7.000000000000 0 0 0  
BOOKS 2002-05-15 233 195 SL 7.000000000000 0 0 0  
BOOKS 2002-06-15 631 532 SL 7.000000000000 0 0 0  
BOOKS 2002-07-15 175 149 SL 7.000000000000 0 0 0  
BOOKS 2002-11-15 666 577 SL 7.000000000000 0 0 0  
BOOKS 2002-12-15 38 32 SL 7.000000000000 0 0 0  
BOOKS 2003-07-01 2,551 1,823 SL 7.000000000000 0 0 0  
FURNITURE 2004-05-04 5,000 4,029 200DB 7.000000000000 0 0 0  
FURNITURE 2004-05-04 5,000 4,029 200DB 7.000000000000 0 0 0  
FURNITURE 2004-05-06 921 742 200DB 7.000000000000 0 0 0  
FURNITURE 2004-05-25 2,000 1,613 200DB 7.000000000000 0 0 0  
FURNITURE 2004-05-25 2,000 1,613 200DB 7.000000000000 0 0 0  
FURNITURE 2004-06-01 17,019 13,720 200DB 7.000000000000 0 0 0  
FURNITURE 2004-06-03 6,518 5,254 200DB 7.000000000000 0 0 0  
FURNITURE 2004-07-14 6,319 5,093 200DB 7.000000000000 0 0 0  
FURNITURE 2004-08-11 4,025 3,245 200DB 7.000000000000 0 0 0  
FURNITURE 2004-08-11 4,025 3,245 200DB 7.000000000000 0 0 0  
FURNITURE 2004-09-17 3,265 2,633 200DB 7.000000000000 0 0 0  
FURNITURE 2004-10-12 8,350 6,731 200DB 7.000000000000 0 0 0  
BOOKS 2004-07-01 3,022 2,437 200DB 7.000000000000 0 0 0  
OFFICE EQUIPMENT 2005-06-01 11,547 11,547 200DB 7.000000000000 0 0 0  
FURNITURE 2005-01-14 2,039 2,039 200DB 7.000000000000 0 0 0  
BOOKS 2005-06-03 88 88 200DB 7.000000000000 0 0 0  
BOOKS 2005-08-23 2,343 2,343 200DB 7.000000000000 0 0 0  
BOOKS 2005-06-01 3,237 3,237 200DB 7.000000000000 0 0 0  
FURNITURE 2006-12-31 831 831 200DB 7.000000000000 0 0 0  
BOOKS 2006-01-30 61 60 200DB 7.000000000000 0 0 0  
BOOKS 2006-03-17 434 434 200DB 7.000000000000 0 0 0  
BOOKS 2006-03-30 53 53 200DB 7.000000000000 0 0 0  
BOOKS 2006-03-30 238 238 200DB 7.000000000000 0 0 0  
BOOKS 2006-06-28 25,279 25,276 200DB 7.000000000000 0 0 0  
BOOKS 2006-08-25 27 27 200DB 7.000000000000 0 0 0  
BOOKS 2006-09-11 5,630 5,630 200DB 7.000000000000 0 0 0  
BOOKS 2006-09-18 27 27 200DB 7.000000000000 0 0 0  
BOOKS 2006-09-28 65 65 200DB 7.000000000000 0 0 0  
BOOKS 2006-10-26 148 148 200DB 7.000000000000 0 0 0  
BOOKS 2006-10-30 36 36 200DB 7.000000000000 0 0 0  
BOOKS 2006-12-21 1,997 1,996 200DB 7.000000000000 0 0 0  
BOOKS 2006-12-31 2,712 2,712 200DB 7.000000000000 0 0 0  
FURNITURE 2007-05-21 12,393 12,393 200DB 7.000000000000 0 0 0  
FURNITURE 2007-06-27 13,950 13,949 200DB 7.000000000000 0 0 0  
FURNITURE 2007-06-27 13,950 13,949 200DB 7.000000000000 0 0 0  
FURNITURE 2007-07-31 6,350 6,349 200DB 7.000000000000 0 0 0  
FURNITURE 2007-08-13 13,950 13,949 200DB 7.000000000000 0 0 0  
FURNITURE 2007-08-13 17,492 17,492 200DB 7.000000000000 0 0 0  
FURNITURE 2007-08-27 21,759 21,759 200DB 7.000000000000 0 0 0  
FURNITURE 2007-08-31 2,580 2,579 200DB 7.000000000000 0 0 0  
FURNITURE 2007-09-13 2,440 2,440 200DB 7.000000000000 0 0 0  
FURNITURE 2007-09-13 4,336 4,336 200DB 7.000000000000 0 0 0  
FURNITURE 2007-09-30 1,073 1,073 200DB 7.000000000000 0 0 0  
BOOKS 2007-01-31 118 118 200DB 7.000000000000 0 0 0  
BOOKS 2007-04-30 450 449 200DB 7.000000000000 0 0 0  
BOOKS 2007-05-21 485 485 200DB 7.000000000000 0 0 0  
BOOKS 2007-06-30 2,045 2,045 200DB 7.000000000000 0 0 0  
BOOKS 2007-07-31 729 729 200DB 7.000000000000 0 0 0  
BOOKS 2007-08-31 702 702 200DB 7.000000000000 0 0 0  
FURNITURE 2008-02-13 15,207 7,603 200DB 7.000000000000 0 0 0  
FURNITURE 2008-03-31 1,053 526 200DB 7.000000000000 0 0 0  
FURNITURE 2008-09-26 1,270 635 200DB 7.000000000000 0 0 0  
BOOKS 2008-02-13 321 160 200DB 7.000000000000 0 0 0  
BOOKS 2008-02-21 89 44 200DB 7.000000000000 0 0 0  
BOOKS 2008-03-14 322 161 200DB 7.000000000000 0 0 0  
BOOKS 2008-04-25 147 73 200DB 7.000000000000 0 0 0  
BOOKS 2008-05-16 58 29 200DB 7.000000000000 0 0 0  
BOOKS 2008-05-27 70 35 200DB 7.000000000000 0 0 0  
BOOKS 2008-06-27 70 35 200DB 7.000000000000 0 0 0  
BOOKS 2008-07-22 1,628 814 200DB 7.000000000000 0 0 0  
BOOKS 2008-08-21 55 27 200DB 7.000000000000 0 0 0  
BOOKS 2008-09-26 95 47 200DB 7.000000000000 0 0 0  
BOOKS 2008-10-23 154 77 200DB 7.000000000000 0 0 0  
BOOKS 2008-11-28 50 25 200DB 7.000000000000 0 0 0  
BOOKS 2008-12-29 43 21 200DB 7.000000000000 0 0 0  
EQUIPMENT 2009-10-28 3,500 1,750 200DB 5.000000000000 0 0 0  
BOOKS 2009-01-22 47 23 200DB 7.000000000000 0 0 0  
BOOKS 2009-02-23 36 18 200DB 7.000000000000 0 0 0  
BOOKS 2009-03-27 65 32 200DB 7.000000000000 0 0 0  
BOOKS 2009-06-18 59 29 200DB 7.000000000000 0 0 0  
BOOKS 2009-11-30 105 52 200DB 7.000000000000 0 0 0  
BOOKS 2009-12-14 447 223 200DB 7.000000000000 0 0 0  
BOOKS 2010-03-26 263 131 200DB 7.000000000000 0 0 0  
WAREHOUSE-BUILDING 2011-12-09 1,148,847 354,701 SL 39.000000000000 29,458 0 29,458  
BLD IMPROV-WAREHOU 2011-12-21 8,250 2,553 SL 39.000000000000 212 0 212  
WAREHOUSE-LAND 2011-12-09 287,212   L   0 0 0  
BLD IMPROV-WARHOUS 2012-01-27 11,534 3,540 SL 39.000000000000 296 0 296  
WAREHOUSE ADDITION 2012-07-10 20,606 6,051 SL 39.000000000000 528 0 528  
EQUIPMENT 2012-06-18 6,500 3,249 200DB 5.000000000000 0 0 0  
EQUIPMENT 2012-08-21 939 469 200DB 5.000000000000 0 0 0  
BOOKS 2012-03-01 1,836 918 200DB 7.000000000000 0 0 0  
BOOKS 2012-04-23 328 164 200DB 7.000000000000 0 0 0  
BOOKS 2012-05-31 504 252 200DB 7.000000000000 0 0 0  
BOOKS 2012-06-18 1,100 550 200DB 7.000000000000 0 0 0  
BOOKS 2012-09-25 115 57 200DB 7.000000000000 0 0 0  
EQUIPMENT 2013-04-01 3,153 1,576 200DB 5.000000000000 0 0 0  
EQUIPMENT 2013-12-11 2,365 1,181 200DB 5.000000000000 0 0 0  
EQUIPMENT 2013-12-19 6,371 2,293 200DB 5.000000000000 0 0 0  
EQUIPMENT 2014-01-06 1,190 595 200DB 5.000000000000 0 0 0  
COMPUTER EQUIPMENT 2014-07-15 1,635 816 200DB 5.000000000000 0 0 0  
COMPUTER EQUIPMENT 2014-07-15 1,015 505 200DB 5.000000000000 0 0 0  
COMPUTER EQUIPMENT 2014-09-29 1,053 526 200DB 5.000000000000 0 0 0  
FURNITURE 2014-11-28 1,409 704 200DB 7.000000000000 0 0 0  
FURNITURE 2014-11-28 1,612 806 200DB 7.000000000000 0 0 0  
BOOKS 2014-09-29 821 410 200DB 7.000000000000 0 0 0  
BLD IMPROV-WAREHOU 2016-06-21 3,213 619 SL 39.000000000000 82 0 82  
BLD IMPROV-WAREHOU 2016-09-28 5,000 933 SL 39.000000000000 128 0 128  
BLD IMPROV-WAREHOU 2016-11-01 2,500 456 SL 39.000000000000 64 0 64  
BLD IMPROV-WAREHOU 2016-12-21 4,133 746 SL 39.000000000000 106 0 106  
TRUCK 2016-08-01 11,500 11,500 200DB 5.000000000000 0 0 0  
EQUIPMENT 2017-06-28 6,000 5,901 200DB 5.000000000000 0 0 0  
EQUIPMENT 2017-11-27 2,385 2,385 200DB 5.000000000000 0 0 0  
COMPUTER EQUIPMENT 2017-11-27 2,313 2,313 200DB 5.000000000000 0 0 0  
BOOKS 2017-03-28 140 131 200DB 7.000000000000 9 0 5  
COMPUTER EQUIPMENT 2018-12-21 2,059 2,058 200DB 5.000000000000 0 0 0  
STORAGE SHELVES 2020-08-11 3,866 334 SL 39.000000000000 99 0 99  
AC SYSTEM 2020-10-27 35,217 2,897 SL 39.000000000000 903 0 903  
COMP EQUIP- APPLE 2020-01-28 2,066 1,709 200DB 5.000000000000 238 0 357  
BOOKS- INGRAM 2020-01-28 730 502 200DB 7.000000000000 65 0 104  
BOOKS 2020-02-26 315 216 200DB 7.000000000000 28 0 45  
BOOKS 2020-03-27 847 582 200DB 7.000000000000 76 0 121  
BOOKS 2020-06-22 452 311 200DB 7.000000000000 40 0 65  
BOOKS 2020-08-27 208 143 200DB 7.000000000000 19 0 30  
BOOKS 2020-09-24 187 129 200DB 7.000000000000 17 0 27  
BOOKS 2020-10-27 299 205 200DB 7.000000000000 27 0 43  
BOOKS 2020-11-25 742 511 200DB 7.000000000000 66 0 106  
BOOKS 2020-12-17 97 67 200DB 7.000000000000 9 0 14  
FURNITURES & FIXT 2020-01-01 417,302 286,936 200DB 7.000000000000 37,247 0 59,615  
NETWORKING EQUIP 2020-01-01 28,196 23,324 200DB 5.000000000000 3,248 0 4,872  
SECURITY EQUIPMENT 2020-01-01 60,786 50,283 200DB 5.000000000000 7,002 0 10,503  
RESTAURANT EQUIP 2020-06-01 279,600 231,285 200DB 5.000000000000 32,210 0 48,315  
FURNITURES & FIXT 2020-01-06 1,923 1,322 200DB 7.000000000000 172 0 275  
FURNITURES & FIXT 2020-01-06 5,118 3,518 200DB 7.000000000000 457 0 731  
FURNITURES & FIXT 2020-02-20 1,800 1,238 200DB 7.000000000000 161 0 257  
SHELVING 2020-09-15 7,610 5,232 200DB 7.000000000000 679 0 1,087  
SECURITY EQUIPMENT 2020-01-07 1,707 1,412 200DB 5.000000000000 197 0 295  
SECURITY EQUIPMENT 2020-02-04 11,531 9,538 200DB 5.000000000000 1,329 0 1,993  
SECURITY EQUIPMENT 2020-05-13 15,675 12,967 200DB 5.000000000000 1,805 0 2,708  
SECURITY EQUIPMENT 2020-06-11 10,000 8,272 200DB 5.000000000000 1,152 0 1,728  
EQUIPMENT 2021-04-22 12,900 9,185 200DB 5.000000000000 1,486 0 2,580  
COMPUTER EQUIPMENT 2021-12-08 999 712 200DB 5.000000000000 115 0 200  
BOOKS 2021-01-20 391 220 200DB 7.000000000000 49 0 56  
BOOKS 2021-03-22 60 34 200DB 7.000000000000 7 0 9  
BOOKS 2021-04-21 327 184 200DB 7.000000000000 41 0 47  
BOOKS 2021-05-18 26 15 200DB 7.000000000000 3 0 4  
BOOKS 2021-06-21 286 161 200DB 7.000000000000 36 0 41  
BOOKS 2021-07-22 255 143 200DB 7.000000000000 32 0 36  
BOOKS 2021-09-15 652 367 200DB 7.000000000000 81 0 93  
BOOKS 2021-11-23 540 303 200DB 7.000000000000 68 0 77  
BOOKS 2021-12-21 396 223 200DB 7.000000000000 49 0 57  
BLD IMP-NEW MUSEUM 2021-07-27 26,800 1,689 SL 39.000000000000 687 0 687  
BLD IMP-WAREHOUSE 2022-04-14 31,560 1,383 SL 39.000000000000 809 0 809  
BLD IMP-WAREHOUSE 2022-09-02 25,640 849 SL 39.000000000000 657 0 657  
COMPUTER EQUIPMENT 2022-04-01 3,072 1,597 200DB 5.000000000000 590 0 614  
FURNITURE & FIXT 2022-03-25 20,000 7,756 200DB 7.000000000000 3,498 0 2,857  
BOOKS 2022-03-25 1,266 491 200DB 7.000000000000 221 0 181  
BOOKS 2022-04-26 1,444 560 200DB 7.000000000000 253 0 206  
BOOKS 2022-05-25 773 299 200DB 7.000000000000 135 0 110  
BOOKS 2022-06-17 322 125 200DB 7.000000000000 56 0 46  
BOOKS 2022-06-24 170 66 200DB 7.000000000000 30 0 24  
BOOKS 2022-07-26 224 87 200DB 7.000000000000 39 0 32  
BOOKS 2022-09-23 162 63 200DB 7.000000000000 28 0 23  
BOOKS 2022-10-24 454 176 200DB 7.000000000000 79 0 65  
BOOKS 2022-11-23 329 128 200DB 7.000000000000 57 0 47  
BOOKS 2022-12-27 887 344 200DB 7.000000000000 155 0 127  
COMPUTER EQUIP DC 2022-10-31 939 488 200DB 5.000000000000 180 0 188  
COMPUTER EQUIP DC 2022-11-30 1,620 842 200DB 5.000000000000 311 0 324  
FURN & FIXTURE DC 2022-10-31 4,355 1,689 200DB 7.000000000000 762 0 622  
MACHINERY 2023-01-24 6,500 1,300 200DB 5.000000000000 2,080 0 1,300  
COMPUTER EQUIP DC 2023-02-23 5,359 893 SL 5.000000000000 1,072 0 1,072  
FURN & FIXTURES 2023-06-02 4,361 363 SL 7.000000000000 623 0 623  
BOOKS 2023-01-25 2,339 306 SL 7.000000000000 334 0 334  
BUILDING IMPROVEME 2023-01-02 49,402 1,216 SL 39.000000000000 1,267 0 1,267  
FURN & FIXTURES DC 2023-02-22 58,543 6,969 SL 7.000000000000 8,363 0 8,363  
BUILDING DC 2023-05-09 5,132,390 82,375 SL 39.000000000000 131,600 0 131,600  
FURN & FIXTURE 2024-03-01 2,048   SL 7.000000000000 256 0 244  
FURN & FIXTURE 2024-05-24 5,021   SL 7.000000000000 448 0 418  
EQUIPMENT 2024-02-23 4,649   SL 5.000000000000 814 0 775  
EQUIPMENT 2024-05-08 9,356   SL 5.000000000000 1,170 0 1,247  
EQUIPMENT 2024-11-08 10,000   SL 5.000000000000 250 0 333  
COMPUTER EQUIP DC 2024-03-15 1,632   SL 5.000000000000 286 0 272  
BOOKS 2024-01-26 78   200DB 7.000000000000 20 0 10  
BOOKS 2024-02-23 134   200DB 7.000000000000 34 0 16  
BOOKS 2024-03-27 403   200DB 7.000000000000 101 0 43  
BOOKS 2024-04-23 511   200DB 7.000000000000 91 0 49  
BOOKS 2024-05-24 454   200DB 7.000000000000 81 0 38  
BOOKS 2024-06-21 294   200DB 7.000000000000 53 0 21  
BOOKS 2024-07-25 99   200DB 7.000000000000 11 0 6  
BOOKS 2024-08-23 866   200DB 7.000000000000 93 0 41  
BOOKS 2024-09-25 111   200DB 7.000000000000 12 0 4  
BOOKS 2024-10-01 11   200DB 7.000000000000 0 0 0  
BOOKS 2024-12-16 57   200DB 7.000000000000 2 0 0  
BOOKS 2024-12-31 1,176   200DB 7.000000000000 42 0 0  
EQUIPMENT DC 2024-05-31 7,158   SL 5.000000000000 895 0 835  
SECURITY EQUIPMENT DC 2024-12-31 4,634   SL 5.000000000000 116 0 0  
FURN & FIXTURES DC 2024-12-31 28,127   SL 7.000000000000 502 0 0  
FURN & FIXTURES DC 2024-12-31 4,699   SL 7.000000000000 84 0 0  

TY 2024 LandEtcSchedule2
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BOOKS 483 402 81  
BOOKS 1,115 940 175  
BOOKS 233 195 38  
BOOKS 631 532 99  
BOOKS 175 149 26  
BOOKS 666 577 89  
BOOKS 38 32 6  
BOOKS 2,551 1,823 728  
FURNITURE 5,000 4,029 971  
FURNITURE 5,000 4,029 971  
FURNITURE 921 742 179  
FURNITURE 2,000 1,613 387  
FURNITURE 2,000 1,613 387  
FURNITURE 17,019 13,720 3,299  
FURNITURE 6,518 5,254 1,264  
FURNITURE 6,319 5,093 1,226  
FURNITURE 4,025 3,245 780  
FURNITURE 4,025 3,245 780  
FURNITURE 3,265 2,633 632  
FURNITURE 8,350 6,731 1,619  
BOOKS 3,022 2,437 585  
OFFICE EQUIPMENT 11,547 11,547 0  
FURNITURE 2,039 2,039 0  
BOOKS 88 88 0  
BOOKS 2,343 2,343 0  
BOOKS 3,237 3,237 0  
FURNITURE 831 831 0  
BOOKS 61 60 1  
BOOKS 434 434 0  
BOOKS 53 53 0  
BOOKS 238 238 0  
BOOKS 25,279 25,276 3  
BOOKS 27 27 0  
BOOKS 5,630 5,630 0  
BOOKS 27 27 0  
BOOKS 65 65 0  
BOOKS 148 148 0  
BOOKS 36 36 0  
BOOKS 1,997 1,996 1  
BOOKS 2,712 2,712 0  
FURNITURE 12,393 12,393 0  
FURNITURE 13,950 13,949 1  
FURNITURE 13,950 13,949 1  
FURNITURE 6,350 6,349 1  
FURNITURE 13,950 13,949 1  
FURNITURE 17,492 17,492 0  
FURNITURE 21,759 21,759 0  
FURNITURE 2,580 2,579 1  
FURNITURE 2,440 2,440 0  
FURNITURE 4,336 4,336 0  
FURNITURE 1,073 1,073 0  
BOOKS 118 118 0  
BOOKS 450 449 1  
BOOKS 485 485 0  
BOOKS 2,045 2,045 0  
BOOKS 729 729 0  
BOOKS 702 702 0  
FURNITURE 15,207 15,207 0  
FURNITURE 1,053 1,053 0  
FURNITURE 1,270 1,270 0  
BOOKS 321 321 0  
BOOKS 89 89 0  
BOOKS 322 322 0  
BOOKS 147 147 0  
BOOKS 58 58 0  
BOOKS 70 70 0  
BOOKS 70 70 0  
BOOKS 1,628 1,628 0  
BOOKS 55 55 0  
BOOKS 95 95 0  
BOOKS 154 154 0  
BOOKS 50 50 0  
BOOKS 43 43 0  
EQUIPMENT 3,500 3,500 0  
BOOKS 47 47 0  
BOOKS 36 36 0  
BOOKS 65 65 0  
BOOKS 59 59 0  
BOOKS 105 105 0  
BOOKS 447 447 0  
BOOKS 263 263 0  
WAREHOUSE-BUILDING 1,148,847 384,159 764,688  
BLD IMPROV-WAREHOU 8,250 2,765 5,485  
WAREHOUSE-LAND 287,212 0 287,212  
BLD IMPROV-WARHOUS 11,534 3,836 7,698  
WAREHOUSE ADDITION 20,606 6,579 14,027  
EQUIPMENT 6,500 6,499 1  
EQUIPMENT 939 939 0  
BOOKS 1,836 1,836 0  
BOOKS 328 328 0  
BOOKS 504 504 0  
BOOKS 1,100 1,100 0  
BOOKS 115 115 0  
EQUIPMENT 3,153 3,153 0  
EQUIPMENT 2,365 2,364 1  
EQUIPMENT 6,371 6,371 0  
EQUIPMENT 1,190 1,190 0  
COMPUTER EQUIPMENT 1,635 1,634 1  
COMPUTER EQUIPMENT 1,015 1,013 2  
COMPUTER EQUIPMENT 1,053 1,053 0  
FURNITURE 1,409 1,409 0  
FURNITURE 1,612 1,612 0  
BOOKS 821 821 0  
BLD IMPROV-WAREHOU 3,213 701 2,512  
BLD IMPROV-WAREHOU 5,000 1,061 3,939  
BLD IMPROV-WAREHOU 2,500 520 1,980  
BLD IMPROV-WAREHOU 4,133 852 3,281  
TRUCK 11,500 11,500 0  
EQUIPMENT 6,000 5,901 99  
EQUIPMENT 2,385 2,385 0  
COMPUTER EQUIPMENT 2,313 2,313 0  
BOOKS 140 140 0  
COMPUTER EQUIPMENT 2,059 2,058 1  
STORAGE SHELVES 3,866 433 3,433  
AC SYSTEM 35,217 3,800 31,417  
COMP EQUIP- APPLE 2,066 1,947 119  
BOOKS- INGRAM 730 567 163  
BOOKS 315 244 71  
BOOKS 847 658 189  
BOOKS 452 351 101  
BOOKS 208 162 46  
BOOKS 187 146 41  
BOOKS 299 232 67  
BOOKS 742 577 165  
BOOKS 97 76 21  
FURNITURES & FIXT 417,302 324,183 93,119  
NETWORKING EQUIP 28,196 26,572 1,624  
SECURITY EQUIPMENT 60,786 57,285 3,501  
RESTAURANT EQUIP 279,600 263,495 16,105  
FURNITURES & FIXT 1,923 1,494 429  
FURNITURES & FIXT 5,118 3,975 1,143  
FURNITURES & FIXT 1,800 1,399 401  
SHELVING 7,610 5,911 1,699  
SECURITY EQUIPMENT 1,707 1,609 98  
SECURITY EQUIPMENT 11,531 10,867 664  
SECURITY EQUIPMENT 15,675 14,772 903  
SECURITY EQUIPMENT 10,000 9,424 576  
EQUIPMENT 12,900 10,671 2,229  
COMPUTER EQUIPMENT 999 827 172  
BOOKS 391 269 122  
BOOKS 60 41 19  
BOOKS 327 225 102  
BOOKS 26 18 8  
BOOKS 286 197 89  
BOOKS 255 175 80  
BOOKS 652 448 204  
BOOKS 540 371 169  
BOOKS 396 272 124  
BLD IMP-NEW MUSEUM 26,800 2,376 24,424  
BLD IMP-WAREHOUSE 31,560 2,192 29,368  
BLD IMP-WAREHOUSE 25,640 1,506 24,134  
COMPUTER EQUIPMENT 3,072 2,187 885  
FURNITURE & FIXT 20,000 11,254 8,746  
BOOKS 1,266 712 554  
BOOKS 1,444 813 631  
BOOKS 773 434 339  
BOOKS 322 181 141  
BOOKS 170 96 74  
BOOKS 224 126 98  
BOOKS 162 91 71  
BOOKS 454 255 199  
BOOKS 329 185 144  
BOOKS 887 499 388  
COMPUTER EQUIP DC 939 668 271  
COMPUTER EQUIP DC 1,620 1,153 467  
FURN & FIXTURE DC 4,355 2,451 1,904  
MACHINERY 6,500 3,380 3,120  
COMPUTER EQUIP DC 5,359 1,965 3,394  
FURN & FIXTURES 4,361 986 3,375  
BOOKS 2,339 640 1,699  
BUILDING IMPROVEME 49,402 2,483 46,919  
FURN & FIXTURES DC 58,543 15,332 43,211  
BUILDING DC 5,132,390 213,975 4,918,415  
FURN & FIXTURE 2,048 256 1,792  
FURN & FIXTURE 5,021 448 4,573  
EQUIPMENT 4,649 814 3,835  
EQUIPMENT 9,356 1,170 8,186  
EQUIPMENT 10,000 250 9,750  
COMPUTER EQUIP DC 1,632 286 1,346  
BOOKS 78 20 58  
BOOKS 134 34 100  
BOOKS 403 101 302  
BOOKS 511 91 420  
BOOKS 454 81 373  
BOOKS 294 53 241  
BOOKS 99 11 88  
BOOKS 866 93 773  
BOOKS 111 12 99  
BOOKS 11 0 11  
BOOKS 57 2 55  
BOOKS 1,176 42 1,134  
EQUIPMENT DC 7,158 895 6,263  
SECURITY EQUIPMENT DC 4,634 116 4,518  
FURN & FIXTURES DC 28,127 502 27,625  
FURN & FIXTURES DC 4,699 84 4,615  


TY 2024 LegalFeesSchedule
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 37,419 0 18,710 18,709


TY 2024 OtherAssetsSchedule
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ARTWORK 19,595,243 22,395,242 22,395,242
ARTWORK- FREED DONATION 539,176 539,176 539,176
ARTWORK - TASCHEN DONATION 1,000,000 1,000,000 1,000,000
DEPOSITS 15,056 15,056 15,056


TY 2024 OtherExpensesSchedule
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ART WORK TREATMENT 17,942 0 17,942 0
AUTOMOBILE EXPENSE 12,680 0 0 12,680
CREDIT CARD FEES 52,798 0 0 52,798
COMPUTER EXPENSES 12,740 0 0 12,740
DUES AND SUBSCRIPTIONS 4,398 0 0 4,398
INSURANCE 287,671 0 287,671 0
LICENSES AND PERMITS 5,203 0 0 5,203
PAYROLL PROCESSING FEES 7,651 0 0 7,651
TELEPHONE 18,913 0 0 18,913
UTILITIES 251,974 0 251,974 0
MEALS & ENTERTAINMENT 12,791 0 0 12,791
INTERNSHIP PROGRAM FEES 17,681 0 0 17,681
ADVERTISING- DIRECT MAIL 4,536 0 0 4,536
REPAIRS AND MAINTENANCE 119,947 0 119,947 0
OFFICE SUPPLIES & EXPENSES 38,982 0 0 38,982
POSTAGE AND DELIVERY 5,413 0 0 5,413
SHIPPING/DELIVERY-ARTWORK 52,101 0 0 52,101
SECURITY EXPENSES 65,823 0 0 65,823
CLEANING 63,850 0 0 63,850
COFFEE SHOP EXPENSE 33,408 0 0 33,408


TY 2024 OtherIncomeSchedule2
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PROGRAM FEES 96,283   96,283
VENUE RENTAL 1,163,070   1,163,070
EXHIBITION FEES 163,756   163,756


TY 2024 OtherLiabilitiesSchedule
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Description Beginning of Year - Book Value End of Year - Book Value
SALES TAX PAYABLE 20,314 10,522
DEPOSITS 50,000 0


TY 2024 OtherProfessionalFeesSchedule
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER 13,972 0 6,986 6,986
WRITERS 22,799 0 11,399 11,400
PUBLIC RELATIONS 83,635 0 41,817 41,818


TY 2024 TaxesSchedule
Name:
CONTEMPORARY ARTS FOUNDATION INC
EIN:
65-0632809
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 11,128 0 0 11,128
PAYROLL TAXES 102,028 0 11,955 90,073
PROPERTY TAXES 72,287 0 0 72,287