Photographic Art & Science Foundation Incorporated is located in St Louis, MO. The organization was established in 1967. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Photographic Art & Science Foundation Incorporated 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, Photographic Art & Science Foundation Incorporated generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 47.0% each year . All expenses for the organization totaled $604.2k during the year ending 12/2022. While expenses have increased by 13.4% per year over the past 8 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
TO EDUCATE THE PUBLIC ABOUT PHOTOGRAPHIC HISTORY; COLLECT, EXHIBIT AND PRESERVE HISTORICAL ITEMS AND IMAGES; AND HONOR SIGNIFICANT CONTRIBUTORS TO THE EVLOLUTION OF THE ART AND SCIENCE OF PHOTOGRAPHIC IMAGING
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST LIVE INDUCTION EVENT POST-COVID. RETURNED WITH A SUCCESSFUL LIVE HALL OF FAME INDUCTION AND AWARDS GALA WITH NATIONAL AND INTERNATIONAL PHOTOGRAPHERS AND GUESTS IN ATTENDANCE AT THE EVENT, WHICH WAS ACCOMPANIED BY A LIVE AUCTION AND FUND THE NEED.
CURATED SEVEN EXHIBITIONS INCLUDING THE 2022 HALL OF FAME INDUCTION AND AWARDS EXHIBITION, IN THE FACES OF PATRIOTISM: THE HOMELESS VETERANS PROJECT, A TRAVELING EXHIBITION WITH PRINTS FROM CAMERA WORK: PICTORIALISM AND PHOTOGRAVURE IN OKLAHOMA CITY, OK, AND TWO EXHIBITIONS FROM IPHF'S JURIED PHOTO COMPETITIONS.
DELIVERED A DIVERSE AND ROBUST SCHEDULE OF EDUCATIONAL PROGRAMING WITH 40 LECTURES, WORKSHOPS, AND MOVIES. SOME HIGHLIGHTS INCLUDE WORKSHOPS ON ARCHITECTURAL PHOTOGRAPHY, PHOTO RESTORATION, INFRARED PHOTOGRAPHY, AND CYANOTYPES, A YOUTH PHOTOGRAPHY CAMP AND WORKSHOP FOR TEENS AND YOUNG ADULTS WITH AUTISM, A FILM SERIES WITH DOCUMENTARIES ABOUT HALL OF INDUCTEES, AND A LECTURES WITH INTERNATIONALLY RENOWN PHOTOGRAPHERS INCLUDING LOU JONES AND STEVE MCCURRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Weisbrod President | OfficerTrustee | 1 | $0 |
Scott Kurkian Treasurer | OfficerTrustee | 2 | $0 |
Ernest Smiley Vice President | OfficerTrustee | 1 | $0 |
Bob Bishop Secretary | OfficerTrustee | 1 | $0 |
Richard Miles Director | Trustee | 0.1 | $0 |
Ken Kranzberg Director | Trustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $34,435 |
Fundraising events | $125,472 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,063,532 |
Noncash contributions included in lines 1a–1f | $4,763,656 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,223,439 |
Total Program Service Revenue | $21,496 |
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 | $9,545 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,254,480 |
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. | $105,000 |
Compensation of current officers, directors, key employees. | $26,381 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $183,699 |
Pension plan accruals and contributions | $3,869 |
Other employee benefits | $9,925 |
Payroll taxes | $20,091 |
Fees for services: Management | $2,350 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,367 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $21,956 |
Office expenses | $5,626 |
Information technology | $13,934 |
Royalties | $0 |
Occupancy | $55,934 |
Travel | $4,422 |
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 | $14,804 |
All other expenses | $3,668 |
Total functional expenses | $604,150 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,549 |
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 | $13,768 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $99,302 |
Investments—publicly traded securities | $0 |
Investments—other securities | $50,400 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,764,156 |
Total assets | $4,950,175 |
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 | $199,900 |
Other liabilities | $6,080 |
Total liabilities | $205,980 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $4,643,560 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $100,635 |
Total liabilities and net assets/fund balances | $4,950,175 |