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Li Huasheng Art Foundation

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

EIN: 824407587 ✦ Shoreline, WA ✦ Designated as a 501(c)(3)

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Overview

What is Li Huasheng Art Foundation?

The Li Huasheng Art Foundation is a nonprofit organization situated in Shoreline, Washington, with an address at 153 NW HIGHLAND DRIVE. Their primary focus is on promoting the use of ink as an artistic medium and honoring the legacy of Li Huasheng, a renowned visual artist. To achieve this, they collect a comprehensive art collection of over 2000 pieces. The foundation engages in scholarly research, artwork authentication, certification, publication, and exhibition. Notably, they undertook high-resolution scanning of their art collection during a scholars' conference, creating a reference database that is now accessible to scholars, researchers, and students. This database will also be utilized in the publication of the foundation's art collection. The foundation also loans artworks to museums for public exhibitions.


Official website here: www.lihuasheng.org

Is Li Huasheng Art Foundation legitimate?

Li Huasheng Art Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Li Huasheng 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: $0

For more financial information, click here


Official website here: www.lihuasheng.org

What is the mission statement of Li Huasheng Art Foundation?

The Li Huasheng Art Foundation's mission is centered around advancing ink as a medium and means of artistic expression. They aim to uphold and magnify the artistic legacy of Li Huasheng, a renowned visual artist. This is achieved through various means, including research, authentication, certification, publication, and public exhibitions. The foundation also loans artworks to museums and engages in scholarly research. They have conducted high-resolution scanning of their artwork collection to create a reference database, which is now accessible to scholars, researchers, and students, and will be utilized in future publications.


Official website here: www.lihuasheng.org

Who is the CEO of Li Huasheng Art Foundation?

Craig L Yee is the President of Li Huasheng Art Foundation.


Official website here: www.lihuasheng.org

What is the revenue of Li Huasheng Art Foundation?

Li Huasheng Art Foundation's revenue in 2022 was -$105,372.


Official website here: www.lihuasheng.org

Who are the executives of Li Huasheng Art Foundation and what are their salaries?


Here are 9 key members and their salaries:


Craig L Yee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald A Leitz (Treasurer)
  • Compensation: $1,975
  • Related: $0
  • Other: $0
Britta Erickson Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Fabian Reverend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susanna Ferrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Little Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wei Xiong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Yeung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chongbin Zheng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lihuasheng.org

Where can I find the form 990 for Li Huasheng Art Foundation?

Li Huasheng Art Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lihuasheng.org

Learn more at the official website: www.lihuasheng.org

Mission Statement of Li Huasheng Art Foundation

The Li Huasheng Art Foundation is dedicated to advancing ink as a medium and a means of artistic expression. Its mission extends beyond this, aiming to preserve and promote the legacy of Li Huasheng as a visual artist. The foundation achieves this through various activities, including scholarly research, the authentication and certification of artworks, publication, and public exhibitions. It also loans artworks to museums for display. One of its key initiatives involves scanning high-resolution images of its collection during scholar conferences, creating a reference database that benefits scholars, researchers, and students. This database will also be utilized in the forthcoming publication of the foundation's art collection. In essence, the Li Huasheng Art Foundation serves to celebrate and safeguard ink art, while honoring Li Huasheng's contribution to the field.

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Impact




October, 2024

The Li Huasheng Art Foundation significantly enhances the appreciation of ink as a medium and furthers the legacy of the renowned artist Li Huasheng. With a collection of over 2,000 artworks, the Foundation plays a pivotal role in advancing scholarly research, artistic innovation, and public engagement with contemporary ink art.

One of its key contributions is the high-resolution scanning of all artworks witnessed during the Scholar's Conference. This initiative has resulted in a comprehensive reference database of image files accessible to scholars, researchers, and students, facilitating in-depth studies and understanding of ink art. This database is essential for the upcoming publication of the Foundation's collection, ensuring that Li Huasheng’s contributions to the art world are preserved and made available for future generations.

In addition to developing research resources, the Foundation organizes public exhibitions, which enrich community engagement with ink art and highlight the depth and versatility of this medium. Through artwork loans to museums, it helps to broaden the reach of Li Huasheng's work, allowing more audiences to experience and appreciate the intricacies of his art.

Overall, the Li Huasheng Art Foundation fosters a deeper understanding and appreciation of ink as a form of artistic expression, promotes the legacy of its namesake artist, and enriches the cultural landscape through its various activities.




This information is meant to be a general summary of Li Huasheng 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
-$105,372 (2022)
Expenses
$134,129 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$105,412
  • Gross Receipts: $990,809

Assets and Liabilities:

  • Total Assets: $18,953,219
  • Total Liabilities: $52,699
  • Net Assets: $18,900,520

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Organization Details

Founding Year

2018

Principal Officer

Craig L Yee

Main Address

153 NW HIGHLAND DRIVE, SHORELINE, WA, 98177

NTEE Category

Code: A40 - Arts

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