Save Venice Inc
- Assets
- $9.1m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 7
- Location
- New York, NY
- Founding
- 03/1971
- Data as of
- 12/2021
- EIN
- 23-7179996
Organization Overview
Save Venice Inc is located in New York, NY. The organization was established in 1971. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Save Venice Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Save Venice 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 12/2021, Save Venice Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 8.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO FINANCE THE RESTORATION OF WORKS IN VENICE, ITALY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAVE VENICE, INC., RAISES FUNDS TO RESTORE ART WORKS AND ARCHITECTURE IN VENICE, ITALY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Gross Executive Director | Officer | 40 | $148,856 |
Frederick Ilchman Chairman | OfficerTrustee | 10 | $0 |
Alberto Nardi Vice President | OfficerTrustee | 1 | $0 |
Richard Almeida Vice President | OfficerTrustee | 1 | $0 |
Lauren Santo Domingo Vice President | OfficerTrustee | 1 | $0 |
Charles Tolbert Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $325,599 |
| Fundraising events | $683,867 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,891,253 |
| Noncash contributions included in lines 1a–1f | $49,335 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,900,719 |
| Total Program Service Revenue | $0 |
| Investment income | $125,552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $189 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,075,961 |
| Net Income from Fundraising Events | $9,111 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,084,085 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,001 |
| Compensation of current officers, directors, key employees. | $40,014 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $334,556 |
| Pension plan accruals and contributions | $15,501 |
| Other employee benefits | $44,386 |
| Payroll taxes | $58,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,821 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,851 |
| Fees for services: Other | $74,666 |
| Advertising and promotion | $0 |
| Office expenses | $124,353 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $125,551 |
| Travel | $18,477 |
| 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 | $11,374 |
| Insurance | $17,831 |
| All other expenses | $7,682 |
| Total functional expenses | $2,840,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,084 |
| Savings and temporary cash investments | $2,012,546 |
| Pledges and grants receivable | $345,670 |
| 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 | $100,490 |
| Net Land, buildings, and equipment | $4,009 |
| Investments—publicly traded securities | $6,406,053 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,190 |
| Total assets | $9,102,042 |
| Accounts payable and accrued expenses | $25,345 |
| Grants payable | $0 |
| Deferred revenue | $70,685 |
| 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 | $96,030 |
| Net assets without donor restrictions | $6,931,777 |
| Net assets with donor restrictions | $2,074,235 |
| 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 | $9,102,042 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Save Venice Inc has recieved totaling $56,000.
| Awarding Organization | Amount |
|---|---|
Almeida Family Foundation Chicago, IL PURPOSE: GENERAL SUPPORT | $31,000 |
Andree D Vail Trust La Jolla, CA PURPOSE: DONATION TO GENERAL FUND | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jerusalem Foundation Inc New York, NY | $41,082,907 | $16,301,645 |
American Society Of The University Of Haifa New York, NY | $7,655,758 | $11,239,823 |
Tibet Fund New York, NY | $8,176,885 | $9,507,647 |
Friends Of Ir David Inc New York, NY | $1,931,131 | $8,657,861 |
Yeshivas Chasidei Belz-Belz Institutions In Israel Brooklyn, NY | $1,824,863 | $9,693,412 |
United Board For Christian Higher Education In Asia New York, NY | $134,521,171 | $6,638,102 |
American Friends Of Maoz-Seal Inc Haverhill, MA | $984,752 | $8,827,434 |
American Friends Of Shalva Israel Inc New York, NY | $2,820,532 | $9,087,461 |
Bucks County Organization For Intercultural Advancement Princeton, NJ | $220,023 | $6,461,791 |
Association For Cultural Interchange Inc New York, NY | $233,666,936 | $20,017,646 |
Bayis Lepleitos Ateres Bonos Inc Brooklyn, NY | $1,664,185 | $5,696,760 |
Emunah Of America Inc New York, NY | $1,802,135 | $4,366,155 |