Aperture Foundation Inc
- Assets
- $17.4m
- Revenue
- $8.7m
- Investments
- $0.0
- Employees
- 50
- Location
- New York, NY
- Founding
- 08/1982
- Data as of
- 12/2023
- EIN
- 13-3120824
Organization Overview
Aperture Foundation Inc is located in New York, NY. The organization was established in 1982. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Aperture Foundation Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aperture Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Aperture Foundation Inc generated $8.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $7.5m during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PUBLICATION OF BOOKS, MAGAZINES, AND MAINTENANCE OF AN ART GALLERY FOR THE PURPOSE OF PROMOTING AN APPRECIATION OF PHOTOGRAPHY & VISUAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF BOOKS AND MAGAZINES AND MAINTENANCE OF ART GALLERY FOR THE PURPOSE OF PROMOTING APPRECIATION OF PHOTOGRAPHY AND VISUAL ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Chapin Trustee/secy | OfficerTrustee | 0 | $0 |
Andrew E Lewin Trustee | Trustee | 0 | $0 |
Casey Weyand Trustee | Trustee | 0 | $0 |
Cathy Kaplan Ttee/chairman | OfficerTrustee | 0 | $0 |
Colette Veasey-Cullors Trustee | Trustee | 0 | $0 |
Dawoud Bey Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $911,342 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,579,181 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,490,523 |
| Total Program Service Revenue | $626,085 |
| Investment income | $291 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $37,500 |
| Net Income from Fundraising Events | -$228,438 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,239,487 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,656,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $627,655 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,403,139 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $379,658 |
| Payroll taxes | $262,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,890 |
| Fees for services: Accounting | $31,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $247,785 |
| Advertising and promotion | $14,525 |
| Office expenses | $29,267 |
| Information technology | $143,028 |
| Royalties | $312,559 |
| Occupancy | $355,022 |
| Travel | $21,972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,599 |
| Interest | $42,791 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,882 |
| Insurance | $44,434 |
| All other expenses | $1,278,656 |
| Total functional expenses | $7,529,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,829 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,014,497 |
| Accounts receivable, net | $990,063 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,985,695 |
| Prepaid expenses and deferred charges | $76,471 |
| Net Land, buildings, and equipment | $9,687,441 |
| Investments—publicly traded securities | $11,777 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $499,804 |
| Other assets | $1,901,567 |
| Total assets | $17,355,144 |
| Accounts payable and accrued expenses | $2,358,732 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,731,000 |
| Unsecured mortgages and notes payable | $470,000 |
| Other liabilities | $992,472 |
| Total liabilities | $9,552,204 |
| Net assets without donor restrictions | $3,739,350 |
| Net assets with donor restrictions | $4,063,590 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,355,144 |