Italian Renaissance Fund
- Assets
- $81.0
- Revenue
- $121.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2003
- Data as of
- 12/2019
- EIN
- 22-3883037
Organization Overview
Italian Renaissance Fund is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Italian Renaissance Fund 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 12/2019, Italian Renaissance Fund generated $121.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $121.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (28.5%) per year over the past 2 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
?THE MISSION OF ITALIAN RENAISSANCE FUND IS TO CONNECT WITH ENTHUSIASTS AND SPECIALISTS ALIKE IN ORDER TO PAVE THE WAY FORWARD FOR THE PRESERVATION OF ITALIAN CULTURAL HERITAGE AT BOTH A LOCAL AND GLOBAL LEVEL. ?THE VISION OF THE ITALIAN RENAISSANCE FUND IS TO ENSURE THAT WITH A CONTINUED COMMITMENT TO CULTURAL PRESERVATION, THE LEGACY OF ONE OF THE WORLD'S MOST OUTSTANDING COLLECTIONS OF ARCHEOLOGICAL AND HISTORICAL ARTWORKS AND ARCHITECTURE, TOGETHER WITH THE BREATHTAKING LANDSCAPES OF THE ITALIAN PENINSULA WILL ENDURE FOR GENERATIONS TO COME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2019, THE ITALIAN RENAISSANCE FUND MANAGED $100,000 IN DONATIONS DESIGNATED TO FUND CULTURAL PROGRAMS FOR PENSARE OLTRE MOVIMENTO CULTURALE IN MILAN, ITALY. THE PROGRAMS ARE TARGETED AT YOUNG PEOPLE AND OLDER CITIZENS AND ARE CENTERED ON ART AND ARTISTS FROM THE RENAISSANCE ERA OF ART HISTORY IN ITALY. THE CONTENT IS ALSO BEING PRODUCED DIGITALLY FOR ONLINE CONSTITUENTS.
IN 2019, THE ITALIAN RENAISSANCE FUND MANAGED $21,500 IN DONOR ADVISED FUNDS DESIGNATED FOR MEIS - THE JEWISH MUSEUM OF FERRARA IN ITALY. THE GRANTED FUNDS WILL COVER EXPENSES PERTAINING TO TWO OF THE MUSEUM'S PERMANENT EXHIBITIONS ENTITLED 'THE RENAISSANCE SPEAKS HEBREW' AND 'FROM GHETTO'S TO EMANCIPATION.'
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brendan Moffitt Executive Director | Officer | 9 | $0 |
Stefano Baia Curioni President | Officer | 2 | $0 |
Vera Alemani Board Secretary | Officer | 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 | $121,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,500 |
| 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 | $121,500 |
| 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 | $113,607 |
| 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 | $4,405 |
| 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 | $575 |
| Office expenses | $705 |
| Information technology | $396 |
| 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 | $1,731 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $121,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81 |
| 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 | $81 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $81 |
| 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 | $81 |