Arts Of Fashion Foundation
- Assets
- $4.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 10/2003
- Data as of
- 12/2023
- 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 12/2023, Arts Of Fashion Foundation generated $30.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $31.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
IN THE SPRING OF 2023, THE FOUNDATION RECEIVED FASHION DESIGN PROPOSALS FROM OVER 300 STUDENTS REPRESENTING 116 FASHION INSTITUTIONS ACROSS 28 COUNTRIES. HOSTED AT THE ASIAN ART MUSEUM OF SAN FRANCISCO, 50 PROJECTS SHOWCASING CREATIVE AND INNOVATIVE POTENTIAL WERE SELECTED FROM THIS GROUP. THESE PROJECTS COMPETE FOR OPPORTUNITIES TO WIN APPRENTICESHIPS WITH RENOWNED FASHION HOUSES AND SCHOLARSHIPS FOR CREATIVE PROGRAMS TO FURTHER THEIR CAREERS.ON SATURDAY, APRIL 29TH, THE FIRST-ROUND JURY COMMITTEE OF THE INTERNATIONAL ARTS OF FASHION COMPETITION MET TO IDENTIFY THE 50 CANDIDATES IN FASHION AND ACCESSORIES, BASED ON THE STUDENTS' 2D SUBMISSIONS. JUDGING CRITERIA INCLUDED COHERENCE WITH THE 2023 THEME, INFLEXION, AS WELL AS ORIGINALITY, CREATIVITY, ARTFUL EXPRESSIVENESS, INNOVATION, AND CRAFTSMANSHIP.THE ARTS OF FASHION CONTEST IS A YEAR-LONG PROGRAM AIMED AT FACILITATING EXCHANGES AMOUNG STUDENTS, PROFESSORS, AND INDUSTRY PROFESSIONALS. THE GOAL IS TO RECOGNIZE THE MOST CREATIVE WORKS AND REWARD STUDENTS WITH HIGH POTENTIAL BY OFFERING THEM OPPORTUNITIES TO FURTHER THEIR EDUCATION AND FACILITATE THEIR CAREERS. AWARDED STUDENTS RECEIVE THE CHANCE TO PARTICIPATE IN THE ARTS OF FASHION PROGRAM OF EXCELLENCE, WORK IN APPRENTICESHIPS WITH ESTABLISHED DESIGNERS, OR GAIN EXPERIENCE IN THE DESIGN STUDIOS OF LES METIERS D'ART OF CHANEL.WITH SUCH A WIDE VARIETY OF QUALITY DESIGNS AND ORIGINAL CONCEPTS, THE COMPETITION WAS FIERCE. HOWEVER, THE 50 SELECTED CANDIDATES WERE UNABLE TO PRESENT THEIR WORKS, AND THUS, THE FINAL SELECTION HAS BEEN POSTPONED TO A LATER DATE.THE FOUNDATION CONTINUES ITS PARTNERSHIP WITH THE CRISTOBAL BALENCIAGA MUSEUM, OFFERING A ONE MONTH, FOUR-WEEK INTENSIVE FASHION SUMMER PROGRAM, AS WELL AS WITH THE ASIAN ART MUSEUM IN SAN FRANCISCO. THROUGH THESE EVENTS, THE ARTS OF FASHION FOUNDATION AIMES TO CREATE STRONG TIES AND PROMOTE CREATIVE EXCHANGE AMOUNG DESIGN PROFESSIONALS IN ALL AREAS OF THE FASHION WORLD.
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 |
|---|---|---|---|
Nathalie Doucet President | 0 | $0 | |
Philippe Houeix Treasurer | 0 | $0 | |
Dr Jeanne Belhumeur Trustee | 0 | $0 | |
Dr Katherine Bourguignon Trustee | 0 | $0 | |
Dr Angelo Miatello Trustee | 0 | $0 | |
Douglas Reker Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,500 |
| Total Program Service Revenue | $13,800 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,300 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $7,127 |
| Printing, publications, postage, and shipping | $138 |
| Other expenses | $23,473 |
| Total expenses | $31,938 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,533 |
| Other assets | $0 |
| Total assets | $4,533 |
| Total liabilities | $91,459 |
| Net assets or fund balances | -$86,926 |