Ifpda Foundation Inc
- Assets
- $105.3k
- Revenue
- $888.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2010
- Data as of
- 12/2022
- EIN
- 27-0726761
Organization Overview
Ifpda Foundation Inc is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ifpda 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 12/2022, Ifpda Foundation Inc generated $888.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $899.6k during the year ending 12/2022. While expenses have increased by 34.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE IFPDA FOUNDATION MAKES GRANTS PRINCIPALLY DIRECTED TOWARDS THE ORGANIZATION, SPONSORSHIP AND PROMOTION OF PUBLIC PROGRAMS AND PUBLIC PROJECTS ON THE SUBJECT OF THE ART OF PRINTMAKING AND THE PRESERVATION AND APPRECIATION AND COLLECTION OF FINE ART PRINTS. IT WORKS IN TANDEM WITH THE INTERNATIONAL FINE PRINT DEALERS ASSOCIATION, A NON-PROFIT ORGANIZATION OF THE LEADING ART DEALERS, GALLERIES, AND PUBLISHERS IN THE FIELD OF FINE PRINTS WHO ARE COMMITTED TO THE HIGHEST STANDARDS OF QUALITY, ETHICS AND CONNOISSEURSHIP AND TO PROMOTING A GREATER APPRECIATION OF FINE PRINTS AMONG COLLECTORS AND THE PUBLIC. IN DOING SO IT PROVIDES A WIDER AND MORE EFFECTIVE DEGREE OF PUBLIC EDUCATION IN THE FIELD OF FINE ART PRINTS. ACCORDINGLY, THE FOUNDATION PROVIDES THE FUNDING FOR EXHIBITIONS , SCHOLARLY PUBLICATIONS AND CATALOGUES, LECTURES AND SYMPOSIA, AND CURATORIAL INTERNSHIPS IN MUSEUMS RELATING TO PRINTS AND PRINTMAKING FROM ITS ORIGINS TO ITS CONTEMPORARY PRACTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDS TO SUPPORT FINE ART PRINT BOOKS AND LECTURE SERIES: J. SCHNITZER FAMILY FOUNDATION LECTURE $10,000. J. SCHNITZER PRIZE FOR EXCELLENCE $25,000. BOOK AWARD $3,000. RICHARD HAMILTON ACQUISITION PRIZE $10,000.
INTERNSHIP AND INSTITUTIONAL GRANTS. AUC INTERNSHIP $1,500. CURATORIAL INTERNSHIP $15,000. INSTITUTIONAL GRANTS $26,145
ARTIST GRANTS. GRANTS TO SUPPORT THE DEVELOPMENT OF EMERGING ARTISTS WORKING IN THE FINE ART PRINT MEDIA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert K Newman Director | Trustee | 1 | $0 |
Harris Schrank Director | Trustee | 0.5 | $0 |
David Cleaton-Roberts Secretary | Trustee | 0.5 | $0 |
Harry D Cohen Director | Trustee | 0.5 | $0 |
Andrew Witkin Treasurer | Trustee | 0.5 | $0 |
Susan Teller Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $763,969 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,901 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $837,870 |
| Total Program Service Revenue | $50,121 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $887,991 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,190 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $511 |
| All other expenses | $834 |
| Total functional expenses | $899,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,248 |
| Savings and temporary cash investments | $100 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $105,348 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $105,348 |
| Net assets with donor restrictions | $0 |
| 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 | $105,348 |