American Civilization Foundation is located in Newport, RI. The organization was established in 1999. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. American Civilization Foundation 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 12/2021, American Civilization Foundation generated $403.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $173.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART MUSEUM AND ART EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Goffman Treasurer/director | 0 | $0 | |
Judith Goffman President/director | 0 | $0 | |
Laurence Cutler Chairman | 0 | $0 | |
Sara Cohen Secretary | 0 | $0 | |
Jennifer Greenawalt Vice President/director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $247,991 |
Interest on Savings | $716 |
Dividends & Interest | $4 |
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 | $154,783 |
Total Revenue | $403,494 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $237 |
Depreciation | $38,890 |
Occupancy | $114,000 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $15,678 |
Total operating and administrative expenses | $173,552 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $173,552 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $693,242 |
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 | $12,468 |
Prepaid expenses and deferred charges | $4,250 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $2,627,406 |
Net Land, buildings, and equipment | $601,808 |
Other assets | $10,742 |
Total assets | $3,949,916 |
Accounts payable and accrued expenses | $670,229 |
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 | $19,958 |
Total liabilities | $690,187 |
Over the last fiscal year, we have identified 1 grants that American Civilization Foundation has recieved totaling $12,500.
Awarding Organization | Amount |
---|---|
Museum Of Western Art Saratoga, WY PURPOSE: CHARITABLE GENERAL FUNDING | $12,500 |
Organization Name | Assets | Revenue |
---|---|---|
Sterling & Francine Clark Art Inst Williamstown, MA | $670,367,352 | $8,296,004 |
Isabella Stewart Gardner Museum Inc Boston, MA | $347,979,013 | $30,352,820 |
Institute Of Contemporary Art Boston, MA | $121,321,339 | $26,427,567 |
Wadsworth Atheneum Museum Of Art Hartford, CT | $165,426,651 | $15,147,902 |
Worcester Art Museum Worcester, MA | $148,643,203 | $30,005,812 |
New Britain Museum Of American Art Inc New Britain, CT | $48,215,040 | $5,724,995 |
Norman Rockwell Museum At Stockbridge Inc Stockbridge, MA | $12,970,897 | $4,523,521 |
De Cordova And Dana Museum And Park Lincoln, MA | $16,380,697 | $4,288,131 |
Eric Carle Museum Of Picture Book Art Inc Amherst, MA | $15,457,741 | $5,749,801 |
The Aldrich Contemporary Art Museum Inc Ridgefield, CT | $44,231,344 | $4,086,414 |
Newport Art Museum And Art Association Newport, RI | $13,416,306 | $1,275,755 |
Fitchburg Art Museum Fitchburg, MA | $25,526,367 | $5,731,661 |