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Madi World Art Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752950156 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Madi World Art Foundation?

The Madi World Art Foundation, situated in Dallas, Texas, serves as a hub for art enthusiasts in the area and its surrounding communities. This nonprofit organization, with a modest workforce of two individuals, is dedicated to showcasing and promoting geometric art, both locally and internationally. The foundation's mission is to exhibit MADI art, a style characterized by its abstract, geometric, hard-edged, and often kinetic or optical features. Through art workshops for students and seniors, Arcadia Salon discussions, and temporary exhibits featuring both local and international artists, the Madi World Art Foundation educates the community about this artistic movement, which originated in South America. The foundation's permanent collection, boasting a diverse range of artists, including Latino, regional, European, Japanese, and Russian artisans, further enriches the community's appreciation for this unique art form.

Is Madi World Art Foundation legitimate?

Madi World Art Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madi World Art Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,680

For more financial information, click here

What is the mission statement of Madi World Art Foundation?

The Madi World Art Foundation's mission is centered around showcasing MADI and related styles of geometric art from the 20th and 21st centuries. This art is characterized by its abstract, geometric, hard-edged nature, often incorporating kinetic or optical features. The foundation maintains a permanent collection and hosts four temporary exhibits annually, featuring both local and international artists. To further enrich the community's understanding of this art form, the foundation offers art workshops for students and seniors, conducts Arcadia Salon discussions, and presents temporary exhibits. The permanent collection of the foundation, being rooted in the MADI art movement originating in South America, predominantly features Latino artists, yet it also includes a diverse range of regional, European, Japanese, and Russian artists.

Who is the CEO of Madi World Art Foundation?

William Irwin is the Principal Officer of Madi World Art Foundation.

What is the revenue of Madi World Art Foundation?

Madi World Art Foundation's revenue in 2020 was $138,334.

Who are the executives of Madi World Art Foundation and what are their salaries?

The average compensation at Madi World Art Foundation during 2020 was $18,840. There are 2 employees and 11 volunteers at Madi World Art Foundation.


Here are 15 key members and their salaries:


Andrew Chooljian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Stone (Vice President Gala Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilmer D Masterson (Secretary/Bldg Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willian Irwin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Collins (Nominating Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Anderson (Membership & Exhibtion Comm.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Cespedes (Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurel Chooljian (Co Chair Gala Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Tichansky (Exhibits/Shows)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Gleichenhaus (Exhibition Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Masterson (Museum Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria-Cristina Jarmillo (Exhibition Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Pluss (Membership Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Shaw (Gala Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Wadkins (Young Professionals Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madi World Art Foundation?

Madi World Art Foundation's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Madi World Art Foundation

Madi World Art Foundation, a nonprofit organization, is dedicated to showcasing MADI and related styles of geometric art from the 20th and 21st centuries. This art is characterized by its abstract, geometric, hard-edged nature, often featuring kinetic or optical elements. The foundation maintains a permanent collection and hosts four temporary exhibits annually, showcasing both local and international artists. In addition to its exhibition efforts, Madi World Art Foundation plays an educational role in the community. Through art workshops for students and seniors, Arcadia Salon discussions, and by featuring various artists in its temporary exhibits, the organization aims to educate the public about MADI art and other forms of 20th and 21st century geometric art. The permanent collection of the foundation predominantly showcases works by Latino artists, but also includes pieces from regional, European, Japanese, and Russian artists. Overall, Madi World Art Foundation serves as a platform for the appreciation and understanding of MADI art and its related styles.

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Impact




October, 2024

The Madi World Art Foundation has made a significant impact on the Dallas community by promoting awareness and appreciation of MADI and geometric art from the 20th and 21st centuries. Through its permanent collection and four annual temporary exhibits, the foundation showcases a diverse range of artists, including prominent Latino, regional, European, Japanese, and Russian artists, thereby fostering a rich cultural dialogue.

Art education and outreach programs are at the core of its mission. By offering workshops tailored for students and seniors, the foundation enhances art appreciation and understanding among various demographics. The Arcadia Salon discussions further engage the community, creating a platform for dialogue about contemporary art practices and the significance of geometric forms.

Overall, the Madi World Art Foundation enriches the cultural landscape of Dallas, encourages artistic exploration, and supports local and international artists, making a lasting contribution to the region's artistic vitality.




This information is meant to be a general summary of Madi World Art Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$138,334 (2020)
Expenses
$122,372 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $4,203
  • Gross Receipts: $138,334

Assets and Liabilities:

  • Total Assets: $1,302,555
  • Total Liabilities: $0
  • Net Assets: $1,302,555

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Student Classes

Revenue

$700

Museum Shop sales

Revenue

$3,099

Museum Rental

Revenue

$404

Organization Details

Founding Year

2002

Principal Officer

William Irwin

Main Address

3109 Carlisle Street, Dallas, TX, 752041194

NTEE Category

Code: A51 - Arts

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