The Friends Of The Israel Antiquities Authority Inc
- Assets
- $7.8m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 01/1992
- Data as of
- 12/2023
- EIN
- 13-3621884
Organization Overview
The Friends Of The Israel Antiquities Authority Inc is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Friends Of The Israel Antiquities Authority 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, Friends Of The Israel Antiquities Authority Inc generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $4.3m during the year ending 12/2023. 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
TO SUPPORT & PROMOTE ARCHAEOLOGICAL RESEARCH, EDUCATION AND OTHER PROJECTS IN ISRAEL AND THE U.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAKES GRANTS IN FURTHERANCE OF ITS MISSION, INCLUDING SPONSORING RESEARCH PROGRAMS BETWEEN ISRAELI ARCHAEOLOGICAL INSTITUTIONS, INCLUDING THE ISRAEL ANTIQUITIES AUTHORITY ("IAA"), AND U.S. CULTURAL INSTITUTIONS. THE ORGANIZATION ORGANIZES AND SPONSORS EXHIBITIONS IN THE U.S., WHICH DISPLAY FINDINGS FROM ISRAELI ARCHAEOLOGICAL SITES. THE ORGANIZATION ASSISTS IN THE PUBLICATION OF ARTICLES RELATED TO SUCH ARCHAEOLOGICAL FINDINGS AND PROMOTES THE STUDY & RESEARCH OF HISTORICAL PERIODS & CIVILIZATIONS. THE ORGANIZATION ALSO PROMOTES JOINT EDUCATIONAL PROGRAMS IN ALL FIELDS OF INTEREST OF THE IAA AND RAISES AWARENESS OF ARCHAEOLOGICAL FINDINGS AND EXCAVATIONS IN ISRAEL, ESPECIALLY BY UNIVERSITIES, MUSEUMS AND OTHER CULTURAL INSTITUTIONS LOCATED IN THE U.S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelby White Chair | OfficerTrustee | 1 | $0 |
Adam O Emmerich President Treasurer & Asst. Secretary | OfficerTrustee | 1 | $0 |
Robert Book Director (thru Jul 2023) | Trustee | 1 | $0 |
Jay Schottenstein Director | Trustee | 1 | $0 |
Michele Tocci Director | Trustee | 1 | $0 |
Emily Master Executive Dir Ector & Secretary (thru Mar 2023) | Officer | 32 | $79,442 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $150,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,687,502 |
| Noncash contributions included in lines 1a–1f | $551,287 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,837,502 |
| Total Program Service Revenue | $0 |
| Investment income | $56,078 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,115 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,890,594 |
| 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 | $4,106,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,769 |
| Compensation of current officers, directors, key employees. | $7,477 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,672 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,758 |
| Fees for services: Accounting | $36,308 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,671 |
| Advertising and promotion | $598 |
| Office expenses | $1,600 |
| Information technology | $424 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,094 |
| 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 | $11,756 |
| All other expenses | $740 |
| Total functional expenses | $4,274,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,376 |
| Savings and temporary cash investments | $1,121,949 |
| Pledges and grants receivable | $6,234,354 |
| 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 | $38,879 |
| 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 | $7,809,558 |
| Accounts payable and accrued expenses | $18,929 |
| 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 | $18,929 |
| Net assets without donor restrictions | $1,535 |
| Net assets with donor restrictions | $7,789,094 |
| 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 | $7,809,558 |