Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
THE NATIONAL ARTS PROGRAM FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 101 CHURCH STREET
  Room/suite
City or town
MALVERN
State or province
PA
Country  
ZIP or foreign postal code
19355
A Employer identification number

23-2272057
B Telephone number (see instructions)

6104089600
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$18,607,476J 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)  
2 Check .................
3 Interest on savings and temporary cash investments 197 197 197
4 Dividends and interest from securities... 339,636 339,636 339,636
5a Gross rents............ 152,536 152,536 152,536
b Net rental income or (loss) 58,765
6a Net gain or (loss) from sale of assets not on line 10 2,410,368
b Gross sales price for all assets on line 6a 9,213,363
7 Capital gain net income (from Part IV, line 2)... 2,410,368
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,207 1,207 1,207
12 Total. Add lines 1 through 11........ 2,903,944 2,903,944 493,576
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 167,268 33,453 33,453 133,815
14 Other employee salaries and wages...... 82,543 0 0 82,543
15 Pension plans, employee benefits....... 57,589 0 0 57,589
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,505 3,205 3,205 7,300
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
76,718 76,718 76,718 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
64,412 28,650 28,650 15,762
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
35,631 30,531 35,631
20 Occupancy.............. 23,532 15,194 15,194 8,338
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 28,460 0 0 28,460
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
183,776 31,069 31,069 152,704
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 730,434 218,820 223,920 486,511
25 Contributions, gifts, grants paid....... 117,628 117,628
26 Total expenses and disbursements. Add lines 24 and 25 ................ 848,062 218,820 223,920 604,139
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,055,882
b Net investment income (if negative, enter -0-) 2,685,124
c Adjusted net income (if negative, enter -0-)... 269,656
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 173,609 111,981 111,981
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 303,533 Click to see attachment
List of Attached Documents:
// Content
679,248 		679,248
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis 1,273,401
Less: accumulated depreciation (attach schedule) 387,313 903,455 Click to see attachment
List of Attached Documents:
// Content
886,088 		942,687
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 11,935,075 Click to see attachment
List of Attached Documents:
// Content
12,847,792 		14,247,792
14 Land, buildings, and equipment: basis 303,432
Less: accumulated depreciation (attach schedule) 174,232 134,300 Click to see attachment
List of Attached Documents:
// Content
129,200 		25,768
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
2,600,000 		Click to see attachment
List of Attached Documents:
// Content
2,600,000 		Click to see attachment
List of Attached Documents:
// Content
2,600,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,049,972 17,254,309 18,607,476
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe ) Click to see attachment
List of Attached Documents:
// Content
18,560 		Click to see attachment
List of Attached Documents:
// Content
18,560
23 Total liabilities (add lines 17 through 22)......... 18,560 18,560
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
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
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 16,031,412 17,235,749
29 Total net assets or fund balances (see instructions)..... 16,031,412 17,235,749
30 Total liabilities and net assets/fund balances (see instructions). 16,049,972 17,254,309
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
16,031,412
2
Enter amount from Part I, line 27a .....................
2
2,055,882
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,087,294
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
851,545
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
17,235,749
Form 990-PF (2025)
Form 990-PF (2025)
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.)
1 a PUBLICLY TRADES SECURITIES      
b PUBLICLY TRADES SECURITIES P    
c CAPITAL GAINS DIVIDENDS P    
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 8,542,986   6,533,206 2,009,780
b 263,847   269,789 -5,942
c 406,530     406,530
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       2,009,780
b       -5,942
c       406,530
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 2,410,368
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 -5,942
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 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 37,323
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 37,323
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 37,323
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 20,919
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 22,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 42,919
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 6
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 5,590
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax5,590 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)
PA
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 2025 or the taxable year beginning in 2025? 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 addressWWW.NATIONALARTSPROGRAM.ORG
14
The books are in care ofTHE FOUNDATON Telephone no. (610) 408-9600

Located at101 CHURCH STREETMALVERNPA ZIP+419355
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
SILAS MOUNTSIER III BOARD MEMBER
1.00 		0 0 0
205 RUTGERS PLACE
NUTLEY,NJ07110
ROY C CARRIKER BOARD MEMBER
1.00 		0 0 0
708 HILLVIEW ROAD
MALVERN,PA19355
JACQUELINE J SZAFARA EXECUTIVE DIRECTOR
40.00 		71,435 21,631 0
363 N SPRING MILL ROAD
VILLANOVA,PA19085
KATHLEEN C JAMIESON PRESIDENT/CHAIRMAN
40.00 		95,833 4,575 0
459 INVERARAY RD
VILLANOVA,PA19085
JILL MIRKOVIC TREASURER
1.00 		0 0 0
305 MAPLE ROW
NORTHFIELD,IL60093
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
MAREN C REID DIRECTOR OF OPERATIO
40.00 		82,543 31,383 0
250 HIGHSPIRE RD
GLENMOORE,PA19343
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
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 NATIONAL ARTS PROGRAM SPONSORED PROGRAMS THROUGHOUT THE US TO ENCOURAGE THE CREATIVE TALENT IN VISUAL ARTS OF THE EMPLOYEES AND THEIR FAMILIES OF MUNICIPALITIES, COUNTRIES, & COMMERCIAL ORGANIZATIONS 604,139
2  
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.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
12,918,392
b
Average of monthly cash balances.......................
1b
87,879
c
Fair market value of all other assets (see instructions)................
1c
1,000,000
d
Total (add lines 1a, 1b, and 1c).......................
1d
14,006,271
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
14,006,271
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
210,094
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,796,177
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
689,809
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
 
b
Income tax for 2025. (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, line 26, column (d) ..........
1a
604,139
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
604,139
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $  
a Applied to 2024, 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 2025 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025.    
(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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		 
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 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
2009-07-06
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) 2025 (b) 2024 (c) 2023 (d) 2022
269,656 211,538 222,797 207,440 911,431
b 85% (0.85) of line 2a ....... 229,208 179,807 189,377 176,324 774,716
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		604,139 515,944 513,183 450,884 2,084,150
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 .... 		604,139 515,944 513,183 450,884 2,084,150
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		459,873 436,729 393,927 386,034 1,676,563
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).)
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 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, 2b, 2c, and 2d. 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 (2025)
Form 990-PF (2025)
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

AURORA ST LUKE'S MEDICAL CTR

3000 W MONTANA ST
MILWAUKEE,WI53215 		    ART EXHIBITION & CONTEST AWARDS 4,450

BILLY HORK GALLERIES - UNIVERSITY OF CHICAGO MEDICAL CENTER

28 MEADOWVIEW DRIVE
NORTHFIELD,IL60093 		    ART EXHIBITION & CONTEST AWARDS 4,450

CITY OF CLEVELAND ADVISORY BOARDS

10013 DETROIT AVENUE
CLEVELAND,OH44102 		    ART EXHIBITION & CONTEST AWARDS 4,450

CITY OF LUBBOCK MUNICIPAL GARDEN & ARTS CENTER

4215 UNIVERSITY AVENUE
LUBBOCK,TX79413 		    ART EXHIBITION & CONTEST AWARDS 4,450

COMMUNITY RENEWAL TEAM INC

555 WISOR STREET
HARTFORD,CT06120 		    ART EXHIBITION & CONTEST AWARDS 4,450

CITY OF SANTA ROSA PUBLIC ART

100 SANTA ROSA AVE RM 6
SANTA ROSA,CA95404 		    ART EXHIBITION & CONTEST AWARDS 4,178

DELAWARE DIVISION OF THE ARTS

1200 N DUPONT HIGHWAY
DOVER,DE19901 		    ART EXHIBITION & CONTEST AWARDS 4,450

KEELEY HEALING ARTS PROGRAM

903 S JEFFERSON STREET
ROANOKE,VA24016 		    ART EXHIBITION & CONTEST AWARDS 4,450

FULTON COUNTY ARTS & CULTURE

141 PRYOR ST SW SUITE 2030
ATLANTA,GA30303 		    ART EXHIBITION & CONTEST AWARDS 3,900

GREATER ORLANDO AVIATION AUTHORITY

5855 CARGO ROAD
ORLANDO,FL32827 		    ART EXHIBITION & CONTEST AWARDS 4,450

HORIZONS GREATER PHILADELPHIA

303 WEST LANCASTER AVE
WAYNE,PA19087 		    ART EXHIBITION & CONTEST AWARDS 10,500

ARTS IN MEDICINE HUNTSVILLE HOSPITAL HEALTH SYSTEM

245 GOVERNORS DRIVE
HUNTSVILLE,AL35801 		    ART EXHIBITION & CONTEST AWARDS 4,450

MAIN CRAFTS ASSOCIATION

288 LEWISTON RD
WEST GARDINER,ME04345 		    ART EXHIBITION & CONTEST AWARDS 4,450

MAIMONIDES MEDICAL CENTER

923 48TH STREET
BROOKLYN,NY11219 		    ART EXHIBITION & CONTEST AWARDS 4,450

COUNTY OF UNION

633 PEARL STREET
ELIZABETH,NJ07202 		    ART EXHIBITION & CONTEST AWARDS 4,450

MINNEAPOLIS-ST PAUL AIRPORT FOUNDATION

4300 GLUMACK DR STE D2040
ST PAUL,MN55111 		    ART EXHIBITION & CONTEST AWARDS 4,450

PARKER ARTISTS GUILD

FRONT RANGE 100 WILCOX STREET
CASTLE ROCK,CO80104 		    ART EXHIBITION & CONTEST AWARDS 4,450

PASCO COUNTY BOCC

34043 FL STATE RD 54
WESLEY CHAPEL,FL33543 		    ART EXHIBITION & CONTEST AWARDS 4,450

PHILADELPHIA CITY FUND

116 CITY HALL
PHILADELPHIA,PA19107 		    ART EXHIBITION & CONTEST AWARDS 4,450

RENO-TAHOE AIRPORT AUTHORITY

2001 E PLUMB LANE
RENO,NV89502 		    ART EXHIBITION & CONTEST AWARDS 4,450

U OF MARYLAND MEDICAL CENTER

22 S GREENE STREET
BALTIMORE,MD21201 		    ART EXHIBITION & CONTEST AWARDS 4,450

ARTS & BUSINESS COUNCIL OF GREATER BOSTON

15 CHANNEL CENTER ST STE 103
BOSTON,MA02210 		    ART EXHIBITION & CONTEST AWARDS 3,450

UNIVERSITY OF MD ST JOSEPH MEDICAL CTR

7601 OSLER DRIVE
TOWSON,MD21204 		    ART EXHIBITION & CONTEST AWARDS 4,400

VCU HEALTH ARTS IN HEALTHCARE

403 N 13TH STREET
RICHMOND,VA23298 		    ART EXHIBITION & CONTEST AWARDS 4,450

TX VIA METROPOLITAN TRANSIT

1021 SAN PEDRO AVENUE
SAN ANTONIO,TX78212 		    ART EXHIBITION & CONTEST AWARDS 4,450

WAYNE ART CENTER

413 MAPLEWOOD AVENUE
WAYNE,PA19087 		    ART EXHIBITION & CONTEST AWARDS 1,200

MAYOR'S OFFICE OF ARTS AND CULTURE

1 CITY HALL SQUARE
BOSTON,MA02201 		    ART EXHIBITION & CONTEST AWARDS 1,000
Total ................................. 3a 117,628
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
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
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 197  
4 Dividends and interest from securities ....     14 339,636  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 58,765  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01 1,207  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,410,368  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,810,173 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,810,173
(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.)
Form 990-PF (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 9,734 2,434 2,434 7,300
PROFESSIONAL FEES-101 CHURCH 771 771 771 0

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

TY 2025 DepreciationSchedule
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
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
101 CHURCH ST. LAND 2013-01-01 130,000   L   0 0 0  
101 CHURCH ST. PROPERTY 2013-01-01 971,100 315,398 SL 39.000000000000 24,900 24,900 24,900  
101 CHURCH ST. RENOVATION COSTS 2013-03-01 79,433 24,104 SL 39.000000000000 2,037 2,037 2,037  
101 CHURCH ST. FENCING 2013-12-31 15,231 11,165 SL 15.000000000000 1,015 1,015 1,015  
101 CHURCH ST. WINDOWS 2013-12-31 7,906 3,158 SL 27.500000000000 287 287 287  
101 CHURCH-BLDG IMPROVEMENTS:BRICK STEPS 2021-04-09 4,000 538 SL 27.500000000000 145 145 145  
101 CHURCH-BLDG IMPROVEMENTS:HVAC EQUIP 2021-07-06 5,951 747 SL 27.500000000000 216 216 216  
101 CHURCH-BLDG IMPROVEMENTS:HVAC 2022-05-11 12,607 1,203 SL 27.500000000000 458 458 458  
101 CHURCH-BLDG IMPROVEMENTS:HVAC,KITCHEN, FLOORING, CARPENTS 2024-08-01 34,009 469 SL 27.500000000000 1,237 1,237 1,237  
OFFICE COMMERCIAL F&F 88 1988-10-31 4,900 4,900 SL 7.000000000000 0 0 0  
OFFICE COMMERCIAL F&F 95 1995-04-30 8,700 8,700 SL 7.000000000000 0 0 0  
OFFICE COMMERCIAL F&F 99 1999-07-01 1,887 1,887 SL 5.000000000000 0 0 0  
COMM OFF EQP SOFTWARE 2002-08-15 772 772 SL 3.000000000000 0 0 0  
COMM OFF EQP COMPUTER 2004-10-31 1,646 1,646 SL 5.000000000000 0 0 0  
COMM OFF EQP COMPUTER 2005-09-30 1,811 1,811 SL 5.000000000000 0 0 0  
COMM OFF EQP ELEC CUTTER 2006-02-07 8,349 8,349 SL 5.000000000000 0 0 0  
COMM OFF EQP COMPUTER 2006-04-26 1,385 1,385 SL 5.000000000000 0 0 0  
COMM OFF EQP PHONE 2006-06-29 251 251 SL 5.000000000000 0 0 0  
COMM OFF EQP 06 2006-06-29 40,882 40,882 SL 7.000000000000 0 0 0  
COMM OFF EQP COMPUTER 2006-06-29 3,234 3,234 SL 5.000000000000 0 0 0  
COMM F&F 09 2009-01-19 12,700 12,700 SL 7.000000000000 0 0 0  
COMM F&F 09 2009-01-28 5,295 5,295 SL 7.000000000000 0 0 0  
COMM F&F 09 2009-02-11 6,000 6,000 SL 7.000000000000 0 0 0  
COMM F&F 09 2009-02-18 6,300 6,300 SL 7.000000000000 0 0 0  
COMM F&F 09 2009-03-23 420 420 SL 7.000000000000 0 0 0  
101 CHURCH ST. NAP OFFICE 2013-01-01 198,900 64,600 SL 39.000000000000 5,100 0 5,100  
101 CHURCH-BLDG IMPROVEMENTS:WINDOWS 2025-05-06 3,417   SL 27.500000000000 78 78 78  
101 CHURCH ST IMPROVEMENTS BRICK STEPS 2025-05-14 9,747   SL 27.500000000000 158 158 158  

TY 2025 GeneralExplanationAttachment
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Identifier Return Reference Explanation
STATEMENT REGARDING CONTROLLED ENTITY FORM 990-PF, PART VI-A, LINE 11 ABEL LLC (ABEL) IS A SINGLE MEMBER LLC (SMLLC), WHOLLY OWNED BY THE NATIONAL ARTS PROGRAM FOUNDATION (FOUNDATION). AS A SMLLC, ABEL IS A DISREGARDED ENTITY, AND ALL OF ITS INCOME, DEDUCTIONS, ASSETS AND LIABILITIES HAVE BEEN INCLUDED ON THE FORM 990-PF FILED BY THE FOUNDATION. ABEL OWNS RENTAL REAL ESTATE WHICH INCLUDES THE OFFICE FROM WHICH THE FOUNDATION OPERATES, AND OTHER OFFICE SPACE RENTED TO UNRELATED TENANTS. ON OCCASION, ABEL TRANSFERS FUNDS FROM ITS RENTAL ACTIVITY TO THE FOUNDATION. HOWEVER, NO TRANSFERS FALL WITHIN THE MEANING OF SECTION 512(B)(13).

TY 2025 InvestmentsGovtObligationsSch
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
US Government Securities - End of Year Book Value:

679,248
US Government Securities - End of Year Fair Market Value:

679,248
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2025 InvestmentsLandSchedule2
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
101 CHURCH ST. LAND 130,000 0 130,000  
101 CHURCH ST. PROPERTY 971,100 340,298 630,802  
101 CHURCH ST. RENOVATION COSTS 79,433 26,141 53,292  
101 CHURCH ST. FENCING 15,231 12,180 3,051  
101 CHURCH ST. WINDOWS 7,906 3,445 4,461  
101 CHURCH-BLDG IMPROVEMENTS:BRICK STEPS 4,000 683 3,317  
101 CHURCH-BLDG IMPROVEMENTS:HVAC EQUIP 5,951 963 4,988  
101 CHURCH-BLDG IMPROVEMENTS:HVAC 12,607 1,661 10,946  
101 CHURCH-BLDG IMPROVEMENTS:HVAC,KITCHEN, FLOORING, CARPENTS 34,009 1,706 32,303  
101 CHURCH-BLDG IMPROVEMENTS:WINDOWS 3,417 78 3,339  
101 CHURCH ST IMPROVEMENTS BRICK STEPS 9,747 158 9,589  

TY 2025 InvestmentsOtherSchedule2
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GLENMEDE-GS FS GOVERNMENT FUND FMV 330,791 330,791
GLENMEDE-VANGUARD S-T INVESTMENT GRADE DTD 9/1/2013 FMV 513,804 513,804
GLENMEDE-DODGE & COX STOCK FUND FMV 868,401 868,401
GLENMEDE-ISHARES HIGH DIVIDEND EQUITY FD FMV 180,104 180,104
GLENMEDE-ISHARES MSCI USA QUALITY FACTOR ETF FMV 359,899 359,899
GLENMEDE-ISHARES MSCI USA VALUE ETF FMV 111,572 111,572
GLENMEDE-ISHRES RUSSELL TOP 200 GROWTH ETF FMV 205,489 205,489
GLENMEDE-ISHARES S&P 100 INDEX FUND FMV 261,000 261,000
GLENMEDE-OAKMARK INTERNATIONAL FUND FMV 956,527 956,527
GLENMEDE-GMO QUALITY FUND R6 FMV 1,033,060 1,033,060
GLENMEDE-DFA US SMALL CAP PORTFOLIO FMV 629,590 629,590
GLENMEDE-WCM FOCUSED INTL GROWTH FUND FMV 675,882 675,882
GLENMEDE-DFA INVESTMENT GRADE PORTFOLIO FMV 571,416 571,416
GLENMEDE-BRANDYWINE GLOBAL HIGH YIELD FMV 134,671 134,671
GLENMEDE-MAINSTAY MACKAY HIGH YIELD CORP BD FMV 134,668 134,668
GLENMEDE-STATE STREET HEALTHCARE SELECT FMV 87,307 87,307
GLENMEDE-STATE STREET INDUSTRIAL SELECT FMV 99,897 99,897
GLENMEDE-STATE STREET TECHNOLOGY SELECT FMV 307,232 307,232
GLENMEDE-POLEN GROWTH FUND FMV 861,968 861,968
GLENMEDE-PUTNAM FOCUSED LARGE CAP VALUE FMV 692,299 692,299
GLENMEDE-VANGUARD INDEX FDS S&P 500 FMV 858,541 858,541
GLENMEDE-BAILLIE GIFFORD EMERGING MKTS FMV 339,993 339,993
GLENMEDE-DFA INTL CORE EQUITY FMV 1,095,041 1,095,041
GLENMEDE-GQG EMERGING MKTS EQUITY FMV 333,628 333,628
GLENMEDE-ISHARES CORE US REIT FMV 148,381 148,381
GLENMEDE-AQR STYLE PREMIA ALTERNATIVE FMV 144,810 144,810
GLENMEDE-FIRST TR NORTH AMERICAN ENERGY FMV 299,930 299,930
GLENMEDE-GMO RESOURCES FUND FMV 311,771 311,771
GLENMEDE-ABSOLUTE CONVERTIBLE ARBITRAGE FMV 149,194 149,194
GLENMEDE-BLACKROCK EVENT DRIVEN EQUITY FMV 150,926 1,550,926

TY 2025 LandEtcSchedule2
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
OFFICE COMMERCIAL F&F 88 4,900 4,900 0  
OFFICE COMMERCIAL F&F 95 8,700 8,700 0  
OFFICE COMMERCIAL F&F 99 1,887 1,887 0  
COMM OFF EQP SOFTWARE 772 772 0  
COMM OFF EQP COMPUTER 1,646 1,646 0  
COMM OFF EQP COMPUTER 1,811 1,811 0  
COMM OFF EQP ELEC CUTTER 8,349 8,349 0  
COMM OFF EQP COMPUTER 1,385 1,385 0  
COMM OFF EQP PHONE 251 251 0  
COMM OFF EQP 06 40,882 40,882 0  
COMM OFF EQP COMPUTER 3,234 3,234 0  
COMM F&F 09 12,700 12,700 0  
COMM F&F 09 5,295 5,295 0  
COMM F&F 09 6,000 6,000 0  
COMM F&F 09 6,300 6,300 0  
COMM F&F 09 420 420 0  
101 CHURCH ST. NAP OFFICE 198,900 69,700 129,200  


TY 2025 OtherAssetsSchedule
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ART COLLECTION 2,600,000 2,600,000 2,600,000


TY 2025 OtherDecreasesSchedule
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Description Amount
UNREALIZED CAPITAL GAIN(LOSS) 851,545


TY 2025 OtherExpensesSchedule
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AWARDS & SCHOLARSHIPS 3,575 0 0 3,575
REPAIRS & MAINTENANCE 4,158 0 0 4,158
INSURANCE 8,232 0 0 8,232
TECHNOLOGY 60,707 0 0 60,707
OFFICE EXPENSE 70,777 0 0 70,774
PAYROLL PROCESSING 4,065 0 0 4,065
ART SHIPPING EXPENSE 1,193 0 0 1,193
INSURANCE-101 CHURCH 3,838 3,838 3,838 0
REPAIRS & MAINT-101 CHURCH 27,231 27,231 27,231 0
BANK SERVICE CHARGES 0 0 0 0


TY 2025 OtherIncomeSchedule2
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MACMILLAN ROYALTY INCOME 1,207 1,207 1,207


TY 2025 OtherLiabilitiesSchedule
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Description Beginning of Year - Book Value End of Year - Book Value
SECURITY DEPOSITS 18,560 18,560


TY 2025 OtherProfessionalFeesSchedule
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 76,718 76,718 76,718 0


TY 2025 TaxesSchedule
Name:
THE NATIONAL ARTS PROGRAM FOUNDATION
EIN:
23-2272057
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 8,503 8,503 8,503 0
PAYROLL TAXES 19,703 3,941 3,941 15,762
FEDERAL SECTION 4940 TAX 20,000 0 0 0
PROPERTY TAXES-101 CHURCH 16,106 16,106 16,106 0
LICENSE 100 100 100 0