Sir John Soanes Museum Foundation
- Assets
- $690.1k
- Revenue
- $958.5k
- Investments
- $1.2k
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1991
- Data as of
- 12/2021
- EIN
- 13-3624437
Organization Overview
Sir John Soanes Museum Foundation is located in New York, NY. The organization was established in 1991. 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. Sir John Soanes Museum 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, Sir John Soanes Museum Foundation generated $958.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $600.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ADVANCE THE STUDY OF ART AND ARCHITECTURE WITH THE SOANEAN TRADITION IN THE U.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM SUPPORT AND RELATED PROGRAMS - THE ORGANIZATION PROMOTES, TO AN EXPANDING AUDIENCE, A LIVELY EDUCATIONAL FORUM IN THE FIELDS OF ART, ARCHITECTURE AND THE DECORATIVE ARTS WITHIN THE SOANEAN TRADITION AND SUPPORTS THE WORK OF SIR JOHN SOANE'S MUSEUM IN LONDON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Diaz-Griffith Executive Director | 40 | $125,000 | |
Paul L Whalen Chairman | OfficerTrustee | 1 | $0 |
Barbara Sallick Secretary | OfficerTrustee | 1 | $0 |
Richard T Sharp Board Member | Trustee | 1 | $0 |
Molly Lowell Borthwick Board Member | Trustee | 1 | $0 |
Jonathan Hogg Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $87,931 |
| Fundraising events | $223,150 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $683,344 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $994,425 |
| Total Program Service Revenue | $27,001 |
| Investment income | $70 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $569 |
| Net Income from Fundraising Events | -$63,590 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $958,475 |
| 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 | $387,083 |
| 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 | $125,041 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,466 |
| 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 | $17,279 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,771 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,955 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,456 |
| All other expenses | $0 |
| Total functional expenses | $600,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,658 |
| Savings and temporary cash investments | $83,915 |
| Pledges and grants receivable | $271,467 |
| Accounts receivable, net | $30,897 |
| 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 | $1,204 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $690,141 |
| Accounts payable and accrued expenses | $32,252 |
| 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 | $32,252 |
| Net assets without donor restrictions | $358,101 |
| Net assets with donor restrictions | $299,788 |
| 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 | $690,141 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Sir John Soanes Museum Foundation has recieved totaling $330,355.
| Awarding Organization | Amount |
|---|---|
Deborah L Brice Foundation New York, NY PURPOSE: GENERAL PURPOSE CONTRIBUTION | $289,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $22,850 |
Elizabeth And Stanley D Scott Foundation Inc New York, NY PURPOSE: FOR CHARITABLE WORK | $5,000 |
Elbrun And Peter Kimmelman Family Foundation Inc New York, NY PURPOSE: CHARITABLE | $5,000 |
John A And Margaret H Cook Fund Inc New York, NY PURPOSE: FOR OPERATIONS | $3,000 |
Mutual Of America Foundation New York, NY PURPOSE: GENERAL OPERATING PURPOSE | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Friends Of The Israel Museum New York, NY | $210,139,805 | $22,216,217 |
Friends Of Bezalel Academy Of Arts And Designs Inc New York, NY | $2,039,900 | $22,554,800 |
The Friends Of The Israel Antiquities Authority Inc New York, NY | $7,188,185 | $4,799,124 |
Tate Americas Foundation New York, NY | $101,513,410 | $8,735,378 |
Museo Reina Sofia Foundation Usa Inc New York, NY | $1,828,282 | $604,276 |
American Associates Of The National Theatre Inc New York, NY | $4,697,341 | $5,678,751 |
American Friends Of The Israel Philharmonic Orchestra Inc New York, NY | $30,416,918 | $8,529,001 |
Mary Louise Curtis Bok Foundation Philadelphia, PA | $100,159,634 | $12,712,681 |
American Friends Of The Louvre Inc New York, NY | $14,733,047 | $4,946,706 |
Pbs39 Foundation Corporation Bethlehem, PA | $103,089,426 | $11,164,328 |
American Friends Of The National Portrait Gallery Foundation Inc New York, NY | $1,343,323 | $3,284,122 |
Academy Of Music Of Philadelphia Inc Philadelphia, PA | $30,910,650 | $3,266,946 |