The Drawing Foundation Inc
Nonprofit profile at a glance
- EIN
- 922978311
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025
- Location
- New York, NY, USA
- Phone
- 6507432334
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $80,487
- Expenses
- $72,102
- Assets
- $20,970
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- SIMON LEVENSON (PRESIDENT)
- ALLISON WUCHER (EXECUTIVE DIRECTOR)
People named in this filing
- SIMON LEVENSON (PRESIDENT)
- STEPHEN ONGPIN (SECRETARY)
- ALAN TEMPLETON (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The drawing foundation is a community-focused non-profit dedicated to the study and appreciation of drawings. The drawing foundation seeks to cultivate a network of individuals interested in and passionate about drawings, connecting arts professionals and practitioners to emerging scholarship and innovative programming, and to each other in an effort to promote engagement with drawing both historic and contemporary practices and its various audiences. By nurturing a community of individuals devoted to this fundamental form of mark-making, the drawing foundation will help foster the next generation of scholars and students, curators and audiences, dealers and collectors, and artists and art-lovers.
What it reported doing in 2025
Began a gallery partnership program where galleries can pay a nominal fee to support programming and in return their galleries and events are listed on our website.we organized two new major events: on drawings and the drawing competition. On drawings is two days of drawing-focused lectures and exhibition tours in New York city. The drawing competition is a full day life-drawing event where artists draw from the model and submit their work to a panel of judges for cash and material prizes.
Operating model
- Revenue model
- Earned-program. 83% of the money available for current operations came from fees and other program revenue.
- 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. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88%; rating input score 88
- Program expense ratio: 98.2%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.4%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 31.5% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 17.9% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: -8.6% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 88% of revenue deployed · 98.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $71K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- 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 — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.