EIN 86-0339837

Degrazia Foundation

IRS 501(c) type
501(c)(3)
Num. employees
4
City
State
Year formed
1979
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Degrazia Foundation is a private foundation that primarily funds unrestricted general operating. Its purpose is to operate an art museum at Gallery in the Sun in Tucson, Arizona. There are six permanent collections of paintings, drawings, and sculpture by Ted DeGrazia, as well as rotating exhibitions. Grantees include Arizona Public Media and others. The foundation made two grants last year.
Also known as...
Degrazia Art and Cultural Foundation
Total revenues
$3,071,951
2023
Total expenses
$1,007,814
2023
Total assets
$21,606,156
2023
Num. employees
4
2023

Program areas at Degrazia Foundation

The Degrazia Foundation operates an art museum at gallery in the sun in tucson, Arizona. There are six permanent collections of paintings that trace historical events and native cultures of the southwest. Rotating exhibitions display some of the 15,000 Degrazia originals housed at the gallery, including oils, watercolors, sketches, serigraphs, lithographs, sculptures, ceramics and jewelry. A consignment room displays Degrazia originals available for purchase, while the gift shop offers a wide selection of reproductions.
Represents gross profits from the sale of art objects, artifacts, and materials to promote the appreciation of art and other cultural interests such as those displayed in the museum galleries. Each item sold represents an impression of like art objects displayed in the museum.

Who funds Degrazia Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundNew$10,000

Personnel at Degrazia Foundation

NameTitleCompensation
Lance LaberExecutive Director$112,200
Christine HubbardGraphics$63,614

Financials for Degrazia Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Investment income and dividends$199,853
Net rental income$0
Net gain from sale of non-inventory assets$2,453,825
Gross sales of inventory$405,954
Miscellaneous revenues$12,319
Total revenues$3,071,951

Form 990s for Degrazia Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-02990PFView PDF
2022-062022-11-10990PFView PDF
2021-062021-09-24990PFView PDF
2020-062022-03-22990PFView PDF
2019-062020-06-16990PRView PDF
...and 7 more Form 990s

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Data update history
January 23, 2024
Updated personnel
Identified 1 new personnel
January 22, 2024
Posted financials
Added Form 990PF for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2022
February 4, 2023
Posted financials
Added Form 990PF for fiscal year 2020
August 15, 2022
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsExempt operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
6300 N Swan Rd
Tucson, AZ 85718
Metro area
Tucson, AZ
County
Pima County, AZ
Website URL
degrazia.org/ 
Phone
(520) 299-9191
IRS details
EIN
86-0339837
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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