World Monuments Fund Inc
- Assets
- $56.7m
- Revenue
- $20.3m
- Investments
- $1.9m
- Employees
- 38
- Location
- New York, NY
- Founding
- 05/1965
- Data as of
- 06/2022
- EIN
- 13-2571900
Organization Overview
World Monuments Fund Inc is located in New York, NY. The organization was established in 1965. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, World Monuments Fund Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Monuments Fund 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 06/2022, World Monuments Fund Inc generated $20.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $14.3m during the year ending 06/2022. 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
PRESERVE HISTORIC ARCHITECTURAL SITES & WORKS OF ART WITHOUT REGARD TO NATIONAL BOUNDARIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIELD RESTORATION PROJECTS AND PROGRAMSWMF FIELD WORK ENCOMPASSES FIVE CORE PROGRAM AREAS THAT SERVE THE BROAD INTERESTS OF PRESERVATION INCLUDING (1) PRESERVATION OF ARCHITECTURAL AND CULTURAL HERITAGE, (2) CAPACITY BUILDING AND CULTURAL TOURISM MANAGEMENT IN LOCAL COMMUNITIES, (3) ADVOCACY FOR THE PRESERVATION MOVEMENT, (4) EDUCATION AND TRAINING, AND (5) DISASTER RECOVERY.RESTORATION PROJECTS AND PRESERVATION PROGRAMS INCLUDED OVER 100 SITES IN OVER 52 COUNTRIES
EDUCATION & OUTREACH PROGRAMSEDUCATION AND OUTREACH PROGRAM ACTIVITIES INCLUDED (A) A CRAFTSMAN TRAINING PROGRAM THAT PROVIDES HANDS-ON TRAINING AND ON-SITE RESTORATION WORK AT FIVE INTERNATIONAL PROJECT SITES IN THE U.S., PERU AND CAMBODIA, (B) SUSTAINABLE TOURISM PROGRAMS TO HELP BALANCE THE SOCIAL AND ECONOMIC BENEFITS WITH THE DAMAGE TO FRAGILE HISTORIC SITES (C) MODERNISM AT RISK EXHIBITION "MODERN SOLUTIONS FOR SAVING MODERN LANDMARKS" WHICH EXPLORES THE ROLE DESIGNERS AND ARCHITECTS PLAY IN SAVING ENDANGERED MODERN BUILDINGS, (D) ANNUAL LECTURE SERIES, (E) PUBLICATION OF WMF NEWSLETTERS, (F) ARCHIVAL PROGRAM TO ORGANIZE RESTORATION PROJECT MATERIALS, DIGITIZE TECHNICAL REPORTS AND IMAGES, PAST PUBLICATIONS, NEWSLETTERS, PRINTED MATERIALS RELATED TO FIELD PROJECTS IN A DIGITAL IMAGE LIBRARY AVAILABLE TO AMERICAN UNIVERSITIES, COLLEGES, RESEARCHERS AND STUDENTS FOR RESEARCH PURPOSES, (G) WMF'S WEBSITE WHICH OFFERS DIGITIZED MATERIALS TO PROVIDE A RICH AND LIVELY VIEW OF A BROAD CROSS-SECTION OF THE WORK OF THE ORGANIZATION, (H) SELECTION AND PREPARATION FOR THE LAUNCH OF THE 2016 WATCH LIST OF ENDANGERED SITES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benedicte DE Montlaur President & CEO | OfficerTrustee | 45 | $420,500 |
Christopher Jeannopoulos Cfao | 45 | $236,515 | |
Jonathan Bell V.P. Of Programs | 45 | $191,965 | |
Karaugh Brown V.P. Of Development | 45 | $186,925 | |
Darlene Mccloud Executive V.P. | 45 | $181,165 | |
Judith Walker V.P. Of Communications | 45 | $120,388 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Comunita Ebraica Di Venezia Conservation | 6/29/22 | $807,500 |
Musee Cluny Conservation | 6/29/22 | $747,436 |
Preah Khan Conservation Conservation | 6/29/22 | $699,193 |
Comite Francais Pour La Sauvegarde De Ve Conservation | 6/29/22 | $365,625 |
Donald Insall Associates Conservation | 6/29/22 | $281,705 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $919,661 |
| Related organizations | $0 |
| Government grants | $2,366,182 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,881,040 |
| Noncash contributions included in lines 1a–1f | $450,530 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,166,883 |
| Total Program Service Revenue | $42,955 |
| Investment income | $1,118,367 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $735,949 |
| Net Income from Fundraising Events | -$191,885 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,259,179 |
| 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. | $467,383 |
| Compensation of current officers, directors, key employees. | $83,071 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,666,303 |
| Pension plan accruals and contributions | $178,355 |
| Other employee benefits | $354,218 |
| Payroll taxes | $318,693 |
| Fees for services: Management | $16,600 |
| Fees for services: Legal | $59,811 |
| Fees for services: Accounting | $65,627 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $144,956 |
| Fees for services: Other | $7,700,698 |
| Advertising and promotion | $10,306 |
| Office expenses | $356,423 |
| Information technology | $484,040 |
| Royalties | $0 |
| Occupancy | $709,072 |
| Travel | $405,921 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $77,873 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $142,799 |
| Insurance | $93,321 |
| All other expenses | $0 |
| Total functional expenses | $14,338,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $399,468 |
| Savings and temporary cash investments | $19,693,914 |
| Pledges and grants receivable | $8,542,615 |
| Accounts receivable, net | $130,549 |
| 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 | $150,534 |
| Net Land, buildings, and equipment | $1,227,079 |
| Investments—publicly traded securities | $24,179,742 |
| Investments—other securities | $1,938,124 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $449,331 |
| Total assets | $56,711,356 |
| Accounts payable and accrued expenses | $706,367 |
| 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 | $706,367 |
| Net assets without donor restrictions | $2,180,114 |
| Net assets with donor restrictions | $53,824,875 |
| 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 | $56,711,356 |
Grants Recieved
Over the last fiscal year, we have identified 53 grants that World Monuments Fund Inc has recieved totaling $5,509,294.
| Awarding Organization | Amount |
|---|---|
Robert W Wilson Charitable Tr New York, NY PURPOSE: GENERAL SUPPORT | $1,875,000 |
Gerard B Lambert Foundation Harrison, NY PURPOSE: TO SUPPORT THE CONSERVATION OF, AND PROGRAMMING RELATED TO, THE POTAGER DU ROI, VERSAILLES | $1,000,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: SPECIAL PROJECT | $550,000 |
Hickory Foundation Lambertville, NJ PURPOSE: CHARITABLE | $500,000 |
Florence Gould Foundation New York, NY PURPOSE: RESTORATION OF ROYAL PALACE IN VENICE | $375,000 |
Fidelity Non-Profit Management Foundation Boston, MA PURPOSE: PROGRAM SUPPORT | $256,050 |
Endowment Analysis
| Beg. Balance | $32,453,132 |
| Earnings | -$3,111,830 |
| Other Expense | $1,060,000 |
| Ending Balance | $28,281,302 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Historical Society New York, NY | $208,003,318 | $56,360,280 |
John E Andrus Memorial Inc Hastingsonhudson, NY | $34,101,989 | $32,146,743 |
Seventh Regiment Armory Conservancy Inc New York, NY | $306,083,724 | $25,857,761 |
American Society For Yad Vashem Inc New York, NY | $98,978,221 | $39,756,518 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
Connecticut Trust For Historic Preservation Hamden, CT | $2,880,357 | $12,511,714 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |