- Revenue 2024
- $6,369,556
- Expenses 2024
- $2,297,340
Program services were 44.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- T90Z
- Classification
- 1000
- Street
- 565 FIFTH AVE 23RD FLOOR
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
NATIONAL IN SCOPE, THE PRINCESS GRACE FOUNDATION-USA IS DEDICATED TO IDENTIFYING AND ASSISTING EMERGING TALENT IN THEATER, DANCE, AND FILM BY AWARDING GRANTS IN THE FORM OF SCHOLARSHIPS, APPRENTICESHIPS, AND FELLOWSHIPS. THE FOUNDATION'S TRUSTEES SHARE PRINCESS GRACE'S DEDICATION TO SUPPORTING THE ARTS AND THEY BELIEVE, AS PRINCESS GRACE DID, THAT CULTIVATION AND TRAINING OF EMERGING TALENT IS ESSENTIAL TO ENSURE SUSTAINED EXCELLENCE IN THE ARTS. EACH YEAR, THE FOUNDATION ANNOUNCES A SELECT GROUP OF PRINCESS GRACE AWARDS FOR DISTINCTION IN THE AREAS OF THEATER, DANCE, AND FILM. STUDENTS ARE ELIGIBLE FOR SCHOLARSHIPS; EMERGING ARTISTS WORKING IN COMPANIES QUALIFY FOR APPRENTICESHIPS AND FELLOWSHIPS. A PLAYWRITING FELLOWSHIP IS AVAILABLE FOR INDIVIDUAL ARTISTS THROUGH A RESIDENCY AT NEW DRAMATISTS IN NEW YORK CITY.
Activities or mission (Part I)
NATIONAL IN SCOPE, THE PRINCESS GRACE FOUNDATION-USA IS DEDICATED TO IDENTIFYING AND ASSISTING EMERGING TALENT IN THEATER, DANCE, AND FILM BY AWARDING GRANTS IN THE FORM OF SCHOLARSHIPS, APPRENTICESHIPS, AND FELLOWSHIPS. THE FOUNDATION'S TRUSTEES SHARE PRINCESS GRACE'S DEDICATION TO SUPPORTING THE ARTS AND THEY BELIEVE, AS SHE DID, THAT CULTIVATION AND TRAINING OF EMERGING TALENT IS ESSENTIAL TO ENSURE SUSTAINED EXCELLENCE IN THE ARTS. EACH YEAR, THE FOUNDATION ANNOUNCES A SELECT GROUP OF PRINCESS GRACE AWARDS FOR DISTINCTION IN THE AREAS OF THEATER, DANCE, AND FILM. STUDENTS ARE ELIGIBLE FOR SCHOLARSHIPS; EMERGING ARTISTS WORKING IN COMPANIES QUALIFY FOR APPRENTICESHIPS AND FELLOWSHIPS. A PLAYWRITING FELLOWSHIP IS AVAILABLE FOR INDIVIDUAL ARTISTS THROUGH A RESIDENCY AT NEW DRAMATISTS IN NEW YORK CITY.
-
THE PRINCESS GRACE AWARDS SUPPORT EXTRAORDINARY EMERGING ARTISTS IN THEATER, DANCE, AND FILM THROUGH UNRESTRICTED GRANTS. THE PROGRAM HONORS CREATIVE GENERATORS (THEATER DIRECTORS, DESIGNERS, CHOREOGRAPHERS, AND FILM DIRECTORS) AND PERFORMANCE-BASED ARTISTS (INCLUDING BUT NOT LIMITED TO ACTORS AND DANCERS), WITH A PLAYWRITING FELLOWSHIP OFFERED IN PARTNERSHIP WITH NEW DRAMATISTS. THE APPLICATION IS NOMINATION-BASED, WITH NOMINATIONS COMING FROM SCHOOLS, NONPROFIT THEATER AND DANCE COMPANIES, NONPROFIT MEDIA ARTS CENTERS, AND PREVIOUS PRINCESS GRACE AWARD WINNERS. PRINCESS GRACE AWARD WINNERS (EXCLUDING PLAYWRITING FELLOWS) ARE CHOSEN THROUGH A RIGOROUS TWO-STAGE ADJUDICATION PROCESS LED BY EXPERT PRACTITIONERS ACROSS DISCIPLINES, CULMINATING IN IN-PERSON DELIBERATIONS WHERE DECISIONS ARE REACHED BY CONSENSUS. SUCCESSFUL NOMINATORS RECEIVE A MODEST GRANT IN RECOGNITION OF THEIR SUCCESSFUL NOMINATION. APPLICANTS TO THE PRINCESS GRACE AWARDS MUST BE LIVING AND WORKING IN THE UNITED STATES AT THE TIME OF NOMINATION.BEYOND THE INITIAL AWARD, THE FOUNDATION REMAINS COMMITTED TO ITS ARTISTS BY OFFERING ADVANCEMENT GRANTS WHICH INCLUDE OPPORTUNITIES FOR PROJECT SPECIFIC SUPPORT (SPECIAL PROJECT GRANTS), PROFESSIONAL DEVELOPMENT (PROFESSIONAL DEVELOPMENT GRANTS) AND INTENSIVE COACHING IN PARTNERSHIP WITH MAP FUND'S SPA PROGRAM (PRINCESS GRACE ARTIST FELLOWSHIP).
Expenses $1,029,328 · Grants $664,264 · Revenue $11,852
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Anne HearstANNE HEARST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Anton KatzANTON KATZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
Barbara LehmanBARBARA LEHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 0.5 related
-
Brisa CarletonBRISA CARLETON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Claudia PocciaCLAUDIA POCCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
D Christopher Le VineD CHRISTOPHER LE VINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Gerard CohenGERARD COHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Hon John F LehmanHON JOHN F LEHMAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3 + 2 related
-
Hsh Prince Albert II Of MonacoHSH PRINCE ALBERT II OF MONACO
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
John GoreJOHN GORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
John M ChuJOHN M CHU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
John PaulsonJOHN PAULSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jon B Turk MDJON B TURK MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kinga LamptertKINGA LAMPTERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Leslie Odom JrLESLIE ODOM JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Noelle WolfNOELLE WOLF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rachel HovnanianRACHEL HOVNANIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Richard KirshenbaumRICHARD KIRSHENBAUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert O MarxROBERT O MARX
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Rod GancasROD GANCAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Sandra Van EsscheSANDRA VAN ESSCHE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott GreensteinSCOTT GREENSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Serena D LeseSERENA D LESE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Woo Jung ChoWOO JUNG CHO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Diana CartwrightDIANA CARTWRIGHT
PRESIDENT
- Total calculated
- $198,125
- From this org
- $185,000
- From related orgs
- $0
- Other
- $13,125
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $13,125
- Filer's total
- $198,125
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $6,369,556
- Expenses
- $2,297,340
- Contributions
- $5,482,860
- Grants paid
- $664,264
-
2023
- Revenue
- $2,749,009
- Expenses
- $1,862,949
- Contributions
- $644,332
- Grants paid
- $607,862
-
2023
- Revenue
- $2,749,009
- Expenses
- $1,862,949
- Contributions
- $644,332
- Grants paid
- $607,862
-
2022
- Revenue
- $2,052,994
- Expenses
- $1,534,083
- Contributions
- $1,059,204
- Grants paid
- $491,567
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $2,151,448
- Expenses
- $1,450,813
- Assets (EOY)
- $25,355,655
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $1,034,919
- Expenses
- $959,924
- Assets (EOY)
- $22,293,615
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2018 · 990
- Revenue
- $2,702,687
- Expenses
- $2,731,432
- Assets (EOY)
- $17,243,635
-
2017 · 990
- Revenue
- $2,494,749
- Expenses
- $2,400,160
- Assets (EOY)
- $19,747,140
-
2016 · 990
- Revenue
- $1,529,164
- Expenses
- $2,482,624
- Assets (EOY)
- $17,422,249
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
$65,168
2023 ARTIST RESIDENCY
-
$62,000
2022 TO FUTHER THE ORGANIZATION'S EXEMPT PURPOSE
-
EDUCATIONAL THEATRE FOUNDATION
$42,000
2024 GRACE KELLY SCHOLARSHIP
-
EDUCATIONAL THEATRE FOUNDATION
$28,750
2023 GRACE KELLY SCHOLARSHIP
-
$21,000
2023 PRINCESS GRACE AWARD 2023 - PLAYWRIGHT AWARD
-
$21,000
2024 PRINCESS GRACE AWARD 2024 - PLAYWRIGHT AWARD
-
EDUCATIONAL THEATRE FOUNDATION
$18,750
2022 TO FUTHER THE ORGANIZATION'S EXEMPT PURPOSE
Grants received
-
$50,000
2024 PUBLIC, SOCIETAL BENEFIT
-
2022 For grant recipient's exempt purposes
-
2023 ARTS AND CULTURE
-
2024 ARTS AND CULTURE
-
2024 ARTS AND HUMANITIES
-
2023 CULTURE
-
2022 CULTURE
-
2022 ARTS AND CULTURE
-
2024 For grant recipient's exempt purposes
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related corporations and trusts on its 2024 return
-
GRACE DE MONACO
C · LUXURY WHOLESALE & RETAIL · DE · 100% owned · share of income $6,901,522 · share of assets $2,218,714 · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 11 November 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.