American Friends Of The Art Gallery Of Ontario Inc
- Assets
- $13.4k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 12/2006
- Data as of
- 12/2022
- EIN
- 20-4733601
Organization Overview
American Friends Of The Art Gallery Of Ontario Inc is located in null. The organization was established in 2006. 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. American Friends Of The Art Gallery Of Ontario 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 12/2022, American Friends Of The Art Gallery Of Ontario Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.6% each year . All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 46.2% 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
SUPPORT THE VISUAL ARTS THROUGH DISTRIBUTION OF GRANTS TO EXEMPT ART GALLERIES AND OTHER EXEMPT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE VISUAL ARTS BY ENCOURAGING ACTIVE AND OUTGOING SUPPORT, HELP EXEMPT ART GALLERY ENTITIES INVOLVED IN THE VIRTUAL ARTS TO BUILD, STRENGTHEN AND DIVERSIFY THEIR COLLECTIONS, AND RAISING THE PROFILE OF THE ART GALLERY OF ONTARIO.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Curtin Chair Effective April 2022 | OfficerTrustee | 1 | $0 |
Don Boswell Chair Through March 2022 | OfficerTrustee | 1 | $0 |
Shon Barnett Secretary | OfficerTrustee | 1 | $0 |
Beth Horowitz Treasurer | OfficerTrustee | 1 | $0 |
Kate Halpenny President | Officer | 1 | $0 |
Rocco Saverino Director Of Finance | Officer | 1 | $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 | $1,887,536 |
| Noncash contributions included in lines 1a–1f | $432,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,887,536 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,887,536 |
| 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 | $1,896,341 |
| 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 | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $5,232 |
| Total functional expenses | $1,901,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,377 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| 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 | $13,377 |
| Accounts payable and accrued expenses | $425 |
| 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 | $425 |
| Net assets without donor restrictions | $12,952 |
| Net assets with donor restrictions | $0 |
| 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 | $13,377 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Friends Of The Art Gallery Of Ontario Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: ART | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Friends Of The Art Gallery Of Ontario Inc | $13,377 | $1,887,536 |
Philharmonia Foundation | $230,959 | $96,630 |
American Friends Of The Royal Philharmonic Orchestra | $261,977 | $263,063 |
American Friends Of English National Opera Inc | $57,976 | $0 |
American Friends Of The Philharmonia Orchestra | $0 | $5 |