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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Arts, Culture & Humanities Forbes Avenue Foundation Inc.

Forbes Avenue Foundation Inc.

Fiscal year ending 2023. Filed on November 13, 2023.

339 Sixth Ave 1400
Pittsburgh, Pennsylvania 15222

Forbes Avenue Foundation Inc. (EIN: 82-4121313), also known as Beatrice Institute, has filed an IRS Form 990 between fiscal years 2019 and 2025. In its fiscal year 2023 IRS Form 990 filing, Forbes Avenue Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 5 out of 10 total employees. Among the employees shown here, the average compensation is $82,147. The highest compensated employee at Forbes Avenue Foundation Inc. is James Demasi with fiscal year 2023 compensation of $82,147. Forbes Avenue Foundation Inc. changed its name from Forbes Avenue Foundation Inc. Dba Beatrice Institute in 2020.

Revenue, expenses, and employee compensation

Revenue

$332,499

Expenses

$311,410

Employee compensation

$179,487
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Demasi
Executive Director
$82,147
$82,147 No related compNo other comp
Jason Spak
Secretary
$0
Dan Veres
President
$0
Mark Grobaker
Treasurer
$0
Daren D'Ippolito
Vice President
$0

Benchmark Employee Compensation

Non-Employee Board Members

Ryan McDermott
Founder, Senior Research Fellow
$29,500
$29,500 No related compNo other comp
Weston Sims
Operations Manager
No compensation reported

Mission Statement

BEATRICE INSTITUTE IS AN ECUMENICAL LEARNING AND RESEARCH COMMUNITY BASED IN PITTSBURGH THAT FOSTERS FRIENDSHIPS AROUND THE CHRISTIAN INTELLECTUAL AND CULTURAL TRADITIONS IN PURSUIT OF THE BEAUTIFUL, THE TRUE, AND THE GOOD.

Revisions to this organization profile

December 3, 2025:
2025 Forbes Avenue Foundation Inc. 990 filed
February 13, 2025:
2024 Forbes Avenue Foundation Inc. 990 filed
November 13, 2023:
2023 Forbes Avenue Foundation Inc. 990 filed

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