The Josef And Anni Albers Foundation Inc is located in Bethany, CT. The organization was established in 1972. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Josef And Anni Albers Foundation 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, Josef And Anni Albers Foundation Inc generated $7.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $22.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Josef And Anni Albers Foundation Inc has awarded 68 individual grants totaling $19,910,256. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION AND PRESERVATION OF ART AND ARCHIVAL MATERIALS: THE FOUNDATION, THROUGH METICULOUS MANAGEMENT AND SCHOLARLY RESEARCH, CONSERVES AND PRESERVES: (1) OIL PAINTINGS, WORKS ON GLASS, DRAWINGS, PHOTOGRAPHS, PHOTO-COLLAGES, AND PRINTS BY THE LATE JOSEF ALBERS; (2) WEAVINGS, TEXTILE MATERIALS, DRAWINGS, AND PRINTS BY THE LATE ANNI ALBERS: (3) WORKS BY JOSEF ALBERS'S COLLEAGUES AND STUDENTS, INCLUDING ORIGINAL MATERIALS USED FOR HIS 1962 PUBLICATION INTERACTION OF COLOR; AND (4) ARCHIVES CONSISTING OF WRITINGS BY AND ABOUT JOSEF AND ANNI ALBERS, PHOTOGRAPHS, EXHIBITION CATALOGUES AND OTHER RELATED MATERIALS.
EXHIBITIONS: PREPARATION OF VARIOUS EXHIBITIONS OF ART BY JOSEF ALBERS AND ANNI ALBERS, INCLUDING THE MAJOR RETROSPECTIVE OF THEIR ART AT THE MUSE D'ART MODERNE DE LA VILLE DE PARIS AND ITS LATER PRESENTATION AT THE MUSEUM OF MODERN ART IN VALENCIA, SPAIN: PACKING, TRANSPORT, INSTALLATION, ETC. (3) SIMILAR WORK ON THE EXHIBITION OF THEIR ART IN THE KUNSTMUSEUM DEN HAAG IN THE NETHERLANDS; (4) WORK RELATING TO LOANS OF ART FROM THE ALBERS FOUNDATION, AS WELL AS FROM PUBLIC INSTITUTIONS, TO VARIOUS EXHIBITIONS WORLDWIDE; (5) EXPLORATION OF POSSIBLE EXHIBITIONS IN LATIN AMERICA AS WELL AS THE US; (6) WORK FOR PUBLICATIONS, INCLUDING A BILINGUAL EDITION OF "POEMS AND DRAWINGS, ANNI & JOSEF ALBERS/EQUAL AND UNEQUAL," FOREIGN EDITIONS OF "INTERACTION OF COLOR, AND FRENCH EDITIONS OF ANNI ALBERS'S "ON WEAVING AND "COLLECTED ESSAYS;" (7) COLLABORATION WITH DAVID ZWIRNER GALLERY IN NYC AND LONDON; (8) EFFORTS TO ACQUIRE MAJOR WORKS BY THE ALBERSES TO FILL LACUNAE IN OUR COLLECTION.
MISC. ACTIVITIES: (1) SUPPORT FOR TEACHING OF ART TO DISADVANTAGED CHILDREN AND OTHERS, INCLUDING THE DEVELOPMENT OF "ALBERS FOR KIDS;" (2) MANAGEMENT OF A VISITING ARTIST PROGRAM IN OUR RESIDENTIAL STUDIOS IN BETHANY CT, SENEGAL, AND IRELAND; (3) WORK ON VARIOUS PUBLICATIONS, INCLUDING A BIOGRAPHY OF ALBERSES' FRIEND AND COLLEAGUE PIET MONDRIAN; (4) CONTINUED DEVELOPMENT OF FACILITIES IDEAL FOR OUR COLLECTION AND THE MAINTENANCE OF OUR ARCHIVES; (5) FURTHER RESEARCH ON THE WORK OF ANNI AND JOSEF ALBERS IN PREPARATION FOR LECTURES IN THE US AND EUROPE; (6) SUPPORT OF ARTS-RELATED PROGRAMS OF OTHER NON-PROFIT ORGANIZATIONS; (7) DIGITIZATION OF OUR COLLECTIONS CATALOGUE; (8) EXPOSING AND PREVENTING FORGERIES, INCLUDING SUCCESSFUL COURT CASES IN ITALY; (9) OPERATION OF "FARMAN AND "TRUNK" GALLERIES AT OUR BENTHANY, CT COMPOUND....
ACTIVITIES IN SENEGAL: (1) RUNNING OF A MULTI-PURPOSE CULTURAL CENTER IN SENEGAL; (2) EDUCATIONAL OUTREACH IN RURAL VILLAGES IN THAT COUNTRY AND ELSEWHERE IN SUB-SAHARAN AFRICA; (3) DEVELOPMENT OF HOSPITAL BUILDINGS AND HEALTH CENTERS IN DAKAR AS WELL AS MORE RURAL REGIONS; (4) EXPLORATION OF POSSIBILITIES FOR A NEW MUSEUM FOR THE PRESENTATION OF ANCIENT AND CONTEMPORARY AFRICAN ART AS WELL AS WORK BY ANNI AND JOSEF ALBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicholas Weber Exec Director | 40 | $450,293 | |
Charles Kingsley ESQ Director/president | 1 | $0 | |
Charlotte Fox Weber Director/secretary | 1 | $0 | |
Brenda Danilowitz Chief Curator | 40 | $246,572 | |
Anne Sisco Office Manager | 40 | $204,842 | |
Allegra N Itsoga Program Director | 40 | $192,617 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Edouard Detaille | 12/30/22 | $344,912 |
Josh Slocum | 12/30/22 | $100,847 |
Willem Van Roij | 12/30/22 | $132,172 |
Mathias Octavio Persson | 12/30/22 | $83,000 |
Bernard Corfa | 12/30/22 | $44,824 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,000 |
Interest on Savings | $0 |
Dividends & Interest | $323,707 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $7,223,507 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $29,080 |
Other Income | $232,061 |
Total Revenue | $7,811,355 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $450,293 |
Other employee salaries and wages | $2,595,904 |
Pension plans, employee benefits | $801,634 |
Interest | $0 |
Taxes | $156,426 |
Depreciation | $144,021 |
Occupancy | $259,061 |
Travel, conferences, and meetings | $140,815 |
Printing and publications | $13,118 |
Other expenses | $904,765 |
Total operating and administrative expenses | $6,244,962 |
Contributions, gifts, grants paid | $15,796,589 |
Total expenses and disbursements | $22,041,551 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $993,848 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $394,411 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $2,029 |
Prepaid expenses and deferred charges | $111,862 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $13,470,168 |
Net Land, buildings, and equipment | $3,493,585 |
Other assets | $10,562,246 |
Total assets | $29,028,149 |
Accounts payable and accrued expenses | $486,625 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $486,625 |
Over the last fiscal year, The Josef And Anni Albers Foundation Inc has awarded $15,796,589 in support to 23 organizations.
Grant Recipient | Amount |
---|---|
ARTS COUNCIL OF GREATER NEW HAVEN PURPOSE: GENERAL DONATION | $10,000 |
AMERICAN FRIENDS OF LE KORSA INC PURPOSE: GENERAL DONATION | $1,764,821 |
BELLEVUE LITERARY PRESS PURPOSE: GENERAL DONATION | $35,000 |
CONNECTICUT PUBLIC BROADCASTING PURPOSE: GENERAL DONATION | $5,000 |
ELISA MONTE DANCE COMPANY PURPOSE: GENERAL DONATION | $5,000 |
LOOMIS CHAFFEE SCHOOL PURPOSE: GENERAL DONATION FOR $40,000; GLASS ART SUPPLIES FOR $5,000; GLASS ART TEACHER FOR $5,000GENERAL DONATIONGENEAL DONATIONGENERAL DONATION | $50,000 |