Judd Foundation

Nonprofit profile at a glance

EIN
742798673
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
New York, NY, USA
Phone
2122192747
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$12,646,304
Expenses
$7,312,382
Assets
$119,011,235
Liabilities
$900,528

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • RAINER JUDD (PRESIDENT)

Highest reported compensation

  • FLAVIN JUDD (ARTISTIC DIRECTOR): $326,987 total reported compensation
  • RAINER JUDD (PRESIDENT): $318,665 total reported compensation
  • RICHARD GRIGGS (CHIEF OPERATING OFFICER): $254,336 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Judd foundation maintains and preserves donald judd's permanently-installed living and working spaces, libraries and archives in marfa, Texas and New York. The foundation promotes a wider understanding of judd's artistic legacy by providing access to these spaces and resources, and by developing scholarly and educational programs.

What it reported doing in 2024

Judd foundation's mission is to maintain and preserve donald judd's permanently installed living and working spaces, libraries, and archives in New York and marfa, Texas. The foundation promotes a wider understanding of judd's artistic legacy by providing access to these spaces and resources and by developing scholarly and educational programs.overall, judd foundation preserves and maintains twenty-two buildings, including over 50,000 sq. Ft. Of judd's permanently installed spaces in marfa and New York.spaces: 101 spring street, the first building owned by donald judd, served as his New York residence and studio. 101 spring street is where judd first developed his concept of the permanent installation of his work and the work of other artists. In marfa, the foundation maintains twenty-one buildings, including seven permanently installed living and working spaces: the art studio; architecture studio; architecture office; ranch office; the cobb house and whyte building; and la mansana de chinati/the block. The foundation makes these spaces accessible to the public through daily guided visits and special programs. The foundation also maintains three ranch houses in the chinati mountains, outside of marfa and stewards 30,000 acres of ranch land under a conservation easement.guided visits: judd foundation's primary program is its guided visit program. In New York, led by artist guides, the visits focus on public access to 101 spring street and offers visitor's direct engagement withjudd's art, design, and architecture. The visit program also includes free visits for New York based artists as well as discounted tickets to seniors and students. Guided visits of 101 spring street are available tuesday through saturday. In marfa, the guided visit program offers visits tuesday through sunday. The block visits provide access to judd's residence and studio in marfa, the site of some of his first large-scale architectural projects. The studios visits provide access to judd's architecture studio, architecture office, art studio, and the cobb house and whyte buildings. The foundation also conducts a series of annual programs which focus on the marfa community audience and open hours viewing of the foundation's spaces. These events are free and open to the public.exhibitions and programs: judd foundation presents exhibitions and programs on the ground floor of 101 spring street, New York. In 2025, activities included the exhibitions of work by artists' yuji agematsu and larry bell. The exhibitions are free and open to the public. The foundation also presents lectures and talks in both New York and marfa. In 2025 the primary marfa program was the opening of the restored architecture office, with panel discussions on judd's architecture and the historic restoration practices of the foundation.exhibition support: in addition to presenting its own programs, the foundation supports national and international institutions in their presentation of donald judd works. The foundation lends artwork to exhibitions, provides access to archival materials for research and presentation, and acts as a resource for information about judd's practice.preservation and restoration: in 2025, the foundation continued its major restoration program in marfa. The marfa restoration plan aims to restore and open judd's installed spaces, create enhanced public program space, and complete judd's intentions for his living and working spaces that he was unable to complete in his lifetime. In 2025, major projects included the restoration of judd's architecture office and the continued restoration of the ranch office building, which is set to open for public visits in 2026.archives: the judd foundation archives contains rich visual and textual documentation of donald judd's life and work. The archives include published and unpublished writings, correspondence, photographs, moving image material, drawings, museum, gallery and exhibition files, fabricator files, exhibition ephem

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 84
  • Accountability: 83
  • Sustainability: 83
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 64.7%; rating input score 65
  • Fundraising efficiency: $1.17 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 71.4%; rating input score 71; 12th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 42.2%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 16.28; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 20.1%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: -2.2% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 64.7% of spending went to programs
  • Governance: 5 of 7 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $4.7M in reported program spending
  • Leadership: top reported pay $327K · 12 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $2M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.