artist foundation revenue sources

The Keith Haring Foundation, founded a year after the artist's death in 1990, earned $13.2 million in 2024 through licensing, artwork sales and investment income, distributing approximately $8 million in grants that same year.

An image of a stamp sheet shows repeated Keith Haring-style “Forever USA” stamps, each with black outlined figures holding up a red heart.

The Keith Haring Foundation, founded in 1991, a year after the artist’s death, looks to promote Haring’s artistic legacy by funding exhibitions, arts organization programming and publications on the artist, as well as “philanthropics, such as AIDS research and youth services,” according to its executive director Simon Castets. In 2024, that grantmaking added up to approximately $8 million, and the foundation itself earned $13.2 million that year through licensing, the sale of Haring artworks and investment income. “We do better than break even every year,” Castets said.

artist foundation revenue sources