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 12/2021, Photographic Art & Science Foundation Incorporated generated $467.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $518.4k during the year ending 12/2021. While expenses have increased by 13.0% 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 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
OPENING DOORS TO THE GENERAL PUBLIC POST COVID
EXPANDING AND ENGAGING IN BOTH VIRTUAL AND LIVE LETURES AND WORKSHOPS
MAJOR DONOR DEVELOPMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia Wente Executive Director | Officer | 40 | $105,000 |
James Cooper President | OfficerTrustee | 1 | $0 |
Ernest Smiley Vice Chairman | OfficerTrustee | 1 | $0 |
Bob Bishop Secretary | OfficerTrustee | 1 | $0 |
Scott Kurkian Treasurer | OfficerTrustee | 2 | $0 |
Steve Smith Director | Trustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $34,257 |
Fundraising events | $170,309 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $244,110 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $448,676 |
Total Program Service Revenue | $17,398 |
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 | $1,090 |
Miscellaneous Revenue | $0 |
Total Revenue | $467,164 |
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. | $26,250 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $170,253 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $21,378 |
Payroll taxes | $20,876 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,790 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $14,719 |
Office expenses | $6,615 |
Information technology | $4,417 |
Royalties | $0 |
Occupancy | $45,549 |
Travel | $370 |
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 | $5,270 |
Insurance | $14,506 |
All other expenses | $3,584 |
Total functional expenses | $518,391 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $36,922 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $58,428 |
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 | $251 |
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 | $500 |
Total assets | $259,571 |
Accounts payable and accrued expenses | $13,500 |
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 | $149,900 |
Other liabilities | $2,306 |
Total liabilities | $165,706 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | -$6,770 |
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 | $259,571 |
Over the last fiscal year, we have identified 3 grants that Photographic Art & Science Foundation Incorporated has recieved totaling $12,407.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,675 |
Regional Cultural & Performing Arts Development Commission St Louis, MO PURPOSE: ARTS AND CULTURE PROGRAMS | $5,674 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Organization Name | Assets | Revenue |
---|---|---|
Mosaic Employee Welfare Benefit Plan Trust Omaha, NE | $7,371,640 | $16,223,052 |
Chicago Architecture Foundation Chicago, IL | $18,456,323 | $14,699,492 |
Frist Art Museum Nashville, TN | $27,247,403 | $12,277,490 |
Fenestration And Glazing Industry Alliance Schaumburg, IL | $6,384,205 | $4,966,632 |
Fibre Box Association Itasca, IL | $1,560,987 | $3,611,412 |
Hyde Park Art Center Chicago, IL | $13,112,741 | $7,741,893 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Arts Club Of Chicago Chicago, IL | $22,777,301 | $152,339 |
Graham Foundation For Advanced Studies In The Fine Arts Chicago, IL | $0 | $687,158 |
Midwest Old Settlers And Threshers Assn Inc Mt Pleasant, IA | $5,724,252 | $3,761,020 |
Laumeier Sculpture Park St Louis, MO | $5,586,221 | $2,296,143 |
Craft Alliance St Louis, MO | $3,775,459 | $2,483,894 |