Medici Archive Project Inc
- Assets
- $521.9k
- Revenue
- $621.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Babylon, NY
- Founding
- 11/1995
- Data as of
- 08/2022
- EIN
- 13-3845366
Organization Overview
Medici Archive Project Inc is located in Babylon, NY. The organization was established in 1995. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Medici Archive Project 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 08/2022, Medici Archive Project Inc generated $621.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $573.8k during the year ending 08/2022. While expenses have increased by 3.4% per year over the past 7 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 MEDICI ARCHIVE PROJECT ("MAP") HAS BEEN INNOVATING NEW STRATEGIES FOR RESEARCH IN THE HUMANITIES AND HAS SET OUT TO BECOME A RESEARCH INSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMAN ARTISTS IN THE AGE OF MEDICI PROGRAM UTILIZES ARCHIVAL RESOURCES TO UNCOVER NEW DOCUMENTATION ON WOMEN ARTISTS ACTIVE DURING THE 15TH THROUGH THE 19TH CENTURIES, ESPECIALLY IF THEY HAD CONNECTIONS TO FLORENCE. THE LIVES AND ARTWORK OF WOMEN ARTISTS ARE EXAMINED IN TANDEM TO GAIN INSIGHT INTO THEIR EXPERIENCES AND THEIR ACHIEVEMENTS. THE PROGRAM'S FINDINGS ARE DISSEMINATED THROUGH PUBLICATIONS, LECTURES, DIGITAL RESOURCES, AND CONFERENCE PAPERS.
INNOVATING NEW STRATEGIES FOR RESEARCH IN THE HUMANITIES AND MERGING ARCHIVAL RESEARCH WITH TECHNOLOGICAL INNOVATIONS FOR DATA MANAGEMENT IN THE MEDICI GRAND DUCAL ARCHIVE, (1537-1743).
MUSIC AND THE MEDICI: THIS PROGRAM HAS THE POTENTIAL TO MAKE AN IMPORTANT CONTRIBUTION NOT ONLY TO OUR UNDERSTANDING OF THE HISTORY OF MUSIC IN FLORENCE BUT ALSO TO THE WIDER REPERTOIRE OF SACRED MUSIC ITSELF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prof Sheila Ffolliott Vice Chair | OfficerTrustee | 5 | $0 |
George Frampton Jr Chairman | OfficerTrustee | 10 | $0 |
Joan Mcclure Trustee | Trustee | 2 | $0 |
Dr Joanna Milstein Trustee | Trustee | 2 | $0 |
Nicole Bourgois Elliman Trustee | Trustee | 2 | $0 |
Robert B Strassler Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $582,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $582,143 |
| Total Program Service Revenue | $33,065 |
| Investment income | $112 |
| 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 | $621,451 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $52,370 |
| Grants and other assistance to Foreign Orgs/Individuals | $254,267 |
| 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 | $46,562 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,770 |
| Office expenses | $26,993 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,545 |
| Travel | $12,995 |
| 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 | $1,754 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $573,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,343 |
| Savings and temporary cash investments | $265,751 |
| Pledges and grants receivable | $197,413 |
| 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 | $126 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,221 |
| Total assets | $521,854 |
| Accounts payable and accrued expenses | $24,117 |
| 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 | $24,117 |
| Net assets without donor restrictions | $154,152 |
| Net assets with donor restrictions | $343,585 |
| 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 | $521,854 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Medici Archive Project Inc has recieved totaling $57,307.
| Awarding Organization | Amount |
|---|---|
Eugene And Emily Grant Family Foundation Boulder, CO PURPOSE: FOR THE GENERAL FUND OF CHARITY | $25,000 |
Anglo-American Charitable Foundation Ltd Smithfield, NC PURPOSE: CULTURAL | $12,300 |
Smf Foundation Jm Inc New York, NY PURPOSE: PUBLIC CHARITY | $10,000 |
Smf Foundation Jm Inc New York, NY PURPOSE: PUBLIC CHARITY | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Minority Supplier Development Council Inc New York, NY | $14,151,024 | $19,123,388 |
All Stars Project Inc New York, NY | $22,721,562 | $11,310,796 |
The Hyams Foundation Inc Boston, MA | $163,844,341 | $20,347,329 |
Neighborhood Trust Financial Partners Inc New York, NY | $10,875,094 | $7,150,796 |
African Services Committee Inc New York, NY | $2,169,110 | $5,702,295 |
Urban Arts Partnership New York, NY | $4,790,105 | $5,921,037 |
Artpark & Company Inc Lewiston, NY | $3,327,523 | $5,321,157 |
Education Through Music Inc New York, NY | $3,082,173 | $4,504,496 |
Ridgefield Playhouse For Movies And The Performing Arts Inc Ridgefield, CT | $15,840,106 | $10,052,125 |
City Access New York Staten Island, NY | $3,686,366 | $4,897,308 |
American Friends Of Yagdil Torah Inc Lakewood, NJ | $434,654 | $3,850,627 |
International Society Of Aesthetic Plastic Surgery Mount Royal, NJ | $7,345,668 | $3,633,051 |