American Friends Of Museums In Israel
- Assets
- $335.1k
- Revenue
- $588.4k
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 04/1975
- Data as of
- 12/2021
- EIN
- 23-7443023
Organization Overview
American Friends Of Museums In Israel is located in New York, NY. The organization was established in 1975. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, American Friends Of Museums In Israel employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Museums In Israel is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION RECOGNIZES, PROMOTES, AND HONORS ITS OUTSTANDING PARTNER MUSEUMS IN ISRAEL BY PROVIDING PROGRAMS AND FINANCIAL SUPPORT THROUGH THE GENEROSITY OF ITS DONORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FORMED TO ACQUIRE ART AND RAISE FUNDS FOR THE SUPPORT OF VARIOUS MUSEUMS IN ISRAEL. THE ORGANZATION LOANS WORKS OF ART WHICH IT HAS RECEIVED BY GIFT OR BY PURCHASE.
THE ORGANIZATION WAS FORMED TO ACQUIRE ART AND RAISE FUNDS FOR THE SUPPORT OF VARIOUS MUSEUMS IN ISRAEL. THE ORGANZATION LOANS WORKS OF ART WHICH IT HAS RECEIVED BY GIFT OR BY PURCHASE.
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 |
|---|---|---|---|
David Genser Chairman, Treasurer | OfficerTrustee | 0 | $0 |
Ed Blank Director | OfficerTrustee | 0 | $0 |
Carol Penn Secretary | OfficerTrustee | 0 | $0 |
Janet Teich Director | Trustee | 0 | $0 |
Nathan A Bernstein Director | Trustee | 0 | $0 |
Jane Shallat Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $507,861 |
| Noncash contributions included in lines 1a–1f | $240,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,261 |
| 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 | -$44,340 |
| Net Income from Fundraising Events | $84,272 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $588,415 |
| 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 | $230,750 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,446 |
| Compensation of current officers, directors, key employees. | $29,889 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,319 |
| Payroll taxes | $11,589 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $498 |
| Fees for services: Accounting | $16,959 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,888 |
| Advertising and promotion | $0 |
| Office expenses | $2,216 |
| Information technology | $2,959 |
| Royalties | $0 |
| Occupancy | $17,965 |
| Travel | $3,192 |
| 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 | $7,704 |
| All other expenses | $5,389 |
| Total functional expenses | $492,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,077 |
| 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 | $7,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $138,800 |
| Intangible assets | $0 |
| Other assets | $4,750 |
| Total assets | $335,127 |
| Accounts payable and accrued expenses | $50,971 |
| Grants payable | $0 |
| Deferred revenue | $75,800 |
| 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 | $126,771 |
| Net assets without donor restrictions | $208,356 |
| 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 | $335,127 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that American Friends Of Museums In Israel has recieved totaling $24,440.
| Awarding Organization | Amount |
|---|---|
Rapaport Shallat Foundation Huntington, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $11,500 |
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $7,940 |
Carol M Penn Family Foundation Belmont, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Committee For The Weizmann Institute Of Science Inc New York, NY | $998,462,000 | $135,716,000 |
American Friends Of The Hebrew University Inc New York, NY | $772,129,551 | $142,838,481 |
Cambridge In America New York, NY | $39,696,080 | $66,388,937 |
American Friends Of Magen David Adom New York, NY | $63,791,324 | $47,704,014 |
American Friends Of The Tel Aviv University Inc New York, NY | $102,815,581 | $23,256,037 |
American Committee For Shaare Zedek New York, NY | $30,081,200 | $42,143,633 |
The Shalom Hartman Institute Of North America New York, NY | $33,744,747 | $19,450,722 |
American Friends Of I D C New York, NY | $14,623,044 | $14,040,962 |
Impactisrael Inc Needham, MA | $24,207,913 | $9,440,610 |
Western Wall Heritage Foundation Inc New York, NY | $25,127,804 | $7,810,412 |
American Academy In Berlin New York, NY | $65,074,118 | $12,729,406 |
Pardes Institute Of Jewish Studies North America Inc New York, NY | $14,479,491 | $5,447,773 |