Lumen Prize Foundation INC

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Lumen Prize Foundation advocates innovative digital art and artists that use new visual languages at the intersection of art and technology. The Foundation sponsors the Lumen Prize and seeks to engage artists and the arts community to inspire, educate, and foster community engagement around transformative art experiences.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 3 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$233K
to officers and key staff · 50% of spending
Concern: pay to officers and key staff is 50% of spending; over 30%.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$541K
+638% vs prior year
Spent
$464K
To programs
85%
Net assets
$102K
By yearFY2024–FY2025
Revenue
$541K
FY2025▲ +638%
Tap a bar for its year
Revenue by fiscal year
FY2024$73K
FY2025$541K
Net assets
$102K
FY2025▲ +437%
Tap a bar for its year
Net assets by fiscal year
FY2024$19K
FY2025$102K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2026.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $393K Management & general 8% · $39K Fundraising 7% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990; $233K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Creative Officer
$119,000Pt VII · Sec A
$114,090Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Secretary / Treasurer
$0Pt VII · Sec A

Erin Thompson’s $119K as Chief Creative Officer is at the 94th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Lumen Prize Foundation INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Lumen Prize Foundation INC is an arts and culture nonprofit based in Wilmington, DE, formed in 2024.

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1 program · $393K · in their own filed words · FY2025
01

Lumen Prize Foundation advocates innovative digital art and artists that use new visual languages at the intersection of art and technology. The Foundation sponsors the Lumen Prize and seeks to engage artists and the arts community to inspire, educate, and foster community engagement around transformative art experiences.

$393Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $21K · 2025–2025
Unitemized GrantFY2025$21,200

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$541K
Ln 12
Gifts and grantsLn 1h$373K
Fees for servicesLn 2g$164K
Other incomeLn 4–11$4K
Money outPt IX
$464K
Ln 25
Programscol B$393K
Managementcol C$39K
Fundraisingcol D$32K
Owns and owesPt X
$102K
net assets · Ln 32
Cash and savingsLn 1–2$102K
Total assetsLn 16$102K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$373K
Fees for servicesLn 2g$164K
Other incomeLn 4–11$4K
Total revenueLn 12$541K
Assets in detailPt X, end of year
CashLn 1$102K
Cash and savings togetherLn 1–2$102K
Total assetsLn 16$102K
LiabilitiesLn 26$0
Net assetsLn 32$102K
OperationsPt I, VI
EmployeesI 52
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$19K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$19K$102K
Total assetsLn 16$19K$102K
LiabilitiesLn 26$0$0
Net assetsLn 32$19K$102K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$21K$21K
Grants and assistance to foreign recipientsLn 3$19K$19K
Pay of current officers, directors and key staffLn 5$114K$74K$29K$11K
Other salaries and wagesLn 7$119K$107K$12K
Pension plan contributionsLn 8$14K$14K
Payroll taxesLn 10$18K$18K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$80K$80K
Advertising and promotionLn 12$22K$22K
Office expensesLn 13$12K$7K$5K
TravelLn 17$18K$9K$8K
InsuranceLn 23$16$16
Other expenses (24a–d)Ln 24$21K$21K
Total functional expensesLn 25$464K$393K$39K$32K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 6, 2026 $541K$464K$78K$102K 990 PDF
FY2024Filed with the IRS Nov 3, 2025 $73K$19K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $541,094 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $77,515$373,162
I-9 Program service revenuePrior year $0$164,428
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year −$4,244$3,504
I-12 Total revenuePrior year $73,271$541,094
I-13 Grants and similar amounts paidPrior year $0$39,849
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $50,907$264,956
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,359$158,758
I-18 Total expensesPrior year $54,266$463,563
I-19 Revenue less expensesPrior year $19,005$77,531
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $541,094 across 5 lines filed
VIII-1f All other contributions, gifts and grants$373,162
VIII-1h Total contributions, gifts and grants$373,162
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $164,428$164,428
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,504$3,504
VIII-12 Total revenueRelated to mission $164,428 · Unrelated business $0 · Excluded from tax $3,504$541,094
Part IX · Statement of functional expenses $463,563 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $21,200$21,200
IX-3 Grants and assistance to foreign recipientsPrograms $18,649$18,649
IX-5 Pay of current officers, directors and key staffPrograms $74,158 · Management $28,523 · Fundraising $11,409$114,090
IX-7 Other salaries and wagesPrograms $107,100 · Fundraising $11,900$119,000
IX-8 Pension plan contributionsPrograms $13,507$13,507
IX-10 Payroll taxesPrograms $18,359$18,359
IX-11c Accounting feesManagement $4,751$4,751
IX-11g Other fees for servicesPrograms $80,446$80,446
IX-12 Advertising and promotionPrograms $22,094$22,094
IX-13 Office expensesPrograms $7,180 · Management $5,288$12,468
IX-17 TravelPrograms $9,321 · Fundraising $8,231$17,552
IX-23 InsurancePrograms $16$16
IX-24 Other expenses (24a–d)Programs $21,431$21,431
IX-25 Total functional expensesPrograms $393,461 · Management $38,562 · Fundraising $31,540$463,563
Part X · Balance sheet $102,081 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $19,005$102,081
X-16 Total assetsStart of year $19,005$102,081
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $19,005$102,081
X-32 Total net assets or fund balancesStart of year $19,005$102,081
X-33 Total liabilities and net assetsStart of year $19,005$102,081
Part XI · Reconciliation of net assets $102,081 net assets at year end
XI-1 Total revenue$541,094
XI-2 Total expenses$463,563
XI-3 Revenue less expenses$77,531
XI-4 Net assets at start of year$19,005
XI-8 Prior period adjustments$5,545
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$102,081

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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