Artnow Fondation
- Assets
- $0.0
- Revenue
- $214.2k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 10/2011
- Data as of
- 12/2019
- EIN
- 27-0305483
Organization Overview
Artnow Fondation is located in San Francisco, CA. The organization was established in 2011. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations.
For the year ending 12/2019, Artnow Fondation generated $214.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (55.3%) each year. All expenses for the organization totaled $12.3m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2019 ARTNOW FONDATION WAS WOUND DOWN AND TRANSFERRED ITS NETS ASSETS TO RELATED CHARITABLE ORGANIZATIONS, INCLUDING ITS REAL PROPERTY, PLEDGE/NOTE RECEIVABLE AND INVESTMENTS TO ITS NEWLY FORMED SUCCESSOR "AKAT," A FRENCH FONDS DE DOTATION AND ITS SISTER ORGANIZATION.
COSTS AND FEES RELATED TO FIRST CHARITABLE ACTIVITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Worms Chair | 0 | $0 | |
Reto Hunsperger Counsel | 0 | $0 | |
Sandra Terdjman Counsel | 0 | $0 | |
Jeremy Lewiston Counsel | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $133,030 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $81,128 |
| Total Revenue | $214,158 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $21,280 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $74,591 |
| Total operating and administrative expenses | $95,871 |
| Contributions, gifts, grants paid | $12,247,803 |
| Total expenses and disbursements | $12,343,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Artnow Fondation has awarded $9,012 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PLATFORM1 AND KUNSTHALLE ZURICH PURPOSE: ART GRANT | $6,012 |
FOTOMUSEUM WINTERTHUR PURPOSE: ART GRANT | $3,000 |