Arts Of Fashion Foundation
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 10/2003
- Data as of
- 12/2021
- EIN
- 37-1429243
Organization Overview
Arts Of Fashion Foundation is located in San Francisco, CA. The organization was established in 2003. 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. Arts Of Fashion Foundation 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, Arts Of Fashion Foundation generated $57.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $78.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021, 366 FASHION STUDENTS REGISTERED IN THE ARTS OF FASHION FOUNDATION INTERNATIONAL FASHION STUDENT COMPETITION, FROM 116 SCHOOLS, UNIVERSITIES AND COLLEGES FROM 29 COUNTRIES. 0N MAY 21, 2021, A JURY PANEL, COMPOSED OF 8 INTERNATIONAL FASHION FACULTY DESIGNERS, MET IN GETARIA, SPAIN AT THE CRISTOBAL BALENCIAGA MUSEUM. THEY SELECTED 50 FASHION PROJECTS OUT OF 366 PRESENTED. THE 50 THAT BEST REPRESENTED THE 2021 SET THEME "MOMENTUMX AND HAVE CREATIVE AND INNOVATIVE POTENTIAL.THE FOUNDATION CONTINUES ITS PARTNERSHIP WITH PARIS MUSEE DES ARTS DECORATIFS FOR A ONE MONTH IN JULY, 4 WEEK INTENSIVE FASHION SUMMER PROGRAM, BUT DUE TO COVID-19, MANY STUDENTS WERE NOT ABLE TO TRAVEL.IN SEPTEMBER 2021, THE 50 STUDENT PROJECTS (100 DESIGNS) WERE RECEIVED IN ANTWERPEN, BELGIUM. THE 50 SELECTED CANDIDATE PROJECTS WERE PRESENTED THIS YEAR VIA A FILM VIDEO.NINE DESIGNERS WERE AWARDED DURING THE FINAL JURY SESSION HOSTED AT THE FASHION MUSEUM OF ANTWERP - THE MOMU, UNDER THE JURY PRESIDENCY OF ICONIC FASHION DESIGNER WALTER VAN BEIREINDONCK, WITH JEAN-PAUL KNOTT, JAN-JAN VAN ESSCHE, AND ZOE VERMEIRE. THEY RECEIVED SCHOLARSHIP AND APPRENTICESHIP OPPORTUNITIES IN CREATIVE PROGRAMS AND FASHION HOUSES. THE ARTS OF FASHION FOUNDATION WAS GRANTED A SUBSTANTIAL FINANCIAL HELP BY THE CITY OF ANTWERP. THE SYMPOSIUM 2021, WHICH SHOULD HAVE TAKEN PLACE AT THE ASIAN ART MUSEUM IN SAN FRANCISCO TO BRING TOGETHER FASHION PROFESSIONALS, FASHION ACADEMIC AND FASHION STUDENTS TO PARTICIPATE IN LECTURES, CONFERENCES AND PORTFOLIO REVIEW, WAS CANCELLED DUE TO THE COVID-19 SITUATION AND TRAVEL LIMITATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Reker Trustee | 0 | $0 | |
Philippe Houeix Treasurer | 0 | $0 | |
Dr Katherine Bourguignon Trustee | 0 | $0 | |
Jiwon Shin Trustee | 0 | $0 | |
Nathalie Doucet President | 0 | $0 | |
Dr Angelo Miatello Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,113 |
| Total Program Service Revenue | $29,330 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,443 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,100 |
| Occupancy, rent, utilities, and maintenance | $10,149 |
| Printing, publications, postage, and shipping | $1,182 |
| Other expenses | $66,222 |
| Total expenses | $78,653 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,423 |
| Other assets | $0 |
| Total assets | $9,423 |
| Total liabilities | $87,999 |
| Net assets or fund balances | -$78,576 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arts Of Fashion Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
San Francisco Foundation San Francisco, CA PURPOSE: FOR GENERAL SUPPORT. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Glaziers Architectural Metal & Glass Workers Local Union 1399 Hea Covina, CA | $12,022,551 | $5,262,157 |
Phoenix Painting Industry Trust Fund Phoenix, AZ | $8,745,449 | $4,690,569 |
Elderheart Inc Sisters, OR | $6,200,437 | $6,066,501 |
Social And Public Art Resource Center Venice, CA | $5,398,489 | $1,298,270 |
Modern Quilt Guild Inc Los Angeles, CA | $471,322 | $1,206,669 |
Catchlight San Francisco, CA | $2,559,579 | $3,095,707 |
Self-Help Graphics And Arts Inc Los Angeles, CA | $7,358,688 | $2,282,621 |
California Anime Foundation Granada Hills, CA | $325,204 | $1,412,708 |
Bay Area Glass Institute Inc San Jose, CA | $1,447,752 | $1,103,523 |
Hui Noeau Makawao, HI | $6,399,050 | $1,181,820 |
American Society Of Media Photographers Inc San Francisco, CA | $534,568 | $1,162,030 |
Root Division San Francisco, CA | $969,223 | $883,957 |