Program areas at The Richard Schmid Fine Art Foundation
Stove prairie press llc was created by Richard Schmid to advance and embody his guiding principle of his Art which was high excellence in all that he did and taught. This entity was contributed to The Richard Schmid Foundation to continue The work of publishing and selling The books, videos, lithographs and online offerings of The late Richard Schmid. As part of Richard's wishes The entity is to continue to create new books, videos, lithographs and online offerings embodying his Art and observing The same principles of high excellence Richard embodied. In addition Richard hoped that this entity would embrace new methods of printing and electronic technology as they are developed to present his Art and values.
The Foundation holds The artwork, digital database, written and oral database and home of Richard Schmid in its possession. In accordance with Richard Schmid's wishes upon his death The Foundation will hold his artwork as it is to never be sold. The Foundation shall allow for curated exhibitions or The Art as well as viewings by artist and writers in order to continue to promote his works. The Foundation is responsible for keeping all copyrights up to date and monitor for infringements that may take place. In addition The Foundation is tasked with continuing to update The digitized database by monitoring galleries sales and auctions for which Richard's paintings (previously sold during his lifetime) may be found in which images could be gained for The database. Richard outlined his wishes for limited use of his artwork on The internet and no use for merchandise purposes. The goal is to preserve The integrity of his works while still sharing them with The world.
Interest income from stove prairie press, llc.
Sale of books, videos, lithographs and online offerings
Personnel at The Richard Schmid Fine Art Foundation
Name | Title | Compensation | Date of data |
---|
Nancy Guzik | President | $24,000 | 2023-11-15 |
Financials for The Richard Schmid Fine Art Foundation
Revenues | FYE 12/2022 |
---|
Total grants, contributions, etc. | $5,575,097 |
Investment income and dividends | $364 |
Net rental income | $0 |
Net gain from sale of non-inventory assets | $0 |
Gross sales of inventory | $140,461 |
Miscellaneous revenues | $0 |
Total revenues | $5,715,922 |
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Data update history
December 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 26, 2023
Updated personnel
Identified 9 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Private foundationsPrivate operating foundationsArts, culture, and humanities nonprofitsCharities
Issues
Arts, cultural, and humanities
Characteristics
State / local levelTax deductible donations
General information
- Address
- PO Box 999
- Walpole, NH 03608
- County
- Cheshire County, NH
- Website URL
- richardschmid.com/
- Phone
- (603) 499-3555
IRS details
- EIN
- 83-2313143
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2022
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- A40: Visual Art Organizations, Services
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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