Nli Usa Inc
- Assets
- $11.3m
- Revenue
- $10.6m
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-4986788
Organization Overview
Nli Usa Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2021, Nli USA Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nli USA Inc 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, Nli USA Inc generated $10.6m in total revenue. All expenses for the organization totaled $7.6m during the year ending 12/2021. While expenses have increased by 100.2% 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
NLI USA BUILDS SUPPORT IN THE UNITED STATES FOR THE NATIONAL LIBRARY OF ISRAEL TO ENHANCE AND EXPAND THE IMPACT OF THE LIBRARY'S COLLECTIONS, CULTURAL PROGRAMS, AND EDUCATIONAL RESOURCES. THIS IS DONE THROUGH INCREASING PUBLIC AWARENESS, BROADENING RELEVANT PARTNERSHIPS, ENGAGING IN PROGRAMMING, AND STRENGTHENING PHILANTHROPIC SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PROVIDED BY NLI USA TO THE NATIONAL LIBRARY OF ISRAEL FROM DONORS IN THE UNITED STATES HAVE HELPED THE NATIONAL LIBRARY OF ISRAEL TO: (1) REALIZE AND IMPLEMENT THE DESIGN AND CONSTRUCTION OF A NEW STATE-OF-THE-ART LIBRARY FACILITY AND CAMPUS; (2) STRENGTHEN AND EXPAND THE EXISTING PROGRAMS AND INITIATIVES OFFERED BY THE LIBRARY SUCH AS FILM SERIES, LECTURES, DIGITIZATION, ARAB SUMMER PROGRAM, CURRICULUM DEVELOPMENT FOR ELEMENTARY-HIGH SCHOOL EDUCATORS, CULTURAL EVENTS, AND FELLOWSHIPS; AND (3) PROVIDE GENERAL OPERATING SUPPORT TO ADVANCE NLI'S MISSION-DRIVEN WORK AND IMPACT IN THE BROADER COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Fisch - Ceo National Library Of Israel Campaign | Officer | 40 | $289,500 |
Adina Kanefield Acting Ed, CEO Beginning 3/2021 | Officer | 40 | $140,958 |
Jacob Lew Co-President | OfficerTrustee | 1 | $0 |
David Makovsky Co-President | OfficerTrustee | 1 | $0 |
Kenneth S Abramowitz Secretary | OfficerTrustee | 1 | $0 |
Abby Joseph Cohen Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,639,057 |
| Noncash contributions included in lines 1a–1f | $2,516,230 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,639,057 |
| 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 | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,639,057 |
| 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 | $6,872,522 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $552,367 |
| Compensation of current officers, directors, key employees. | $58,737 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,077 |
| Fees for services: Accounting | $28,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,059 |
| Advertising and promotion | $0 |
| Office expenses | $7,780 |
| Information technology | $11,500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,857 |
| 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 | $2,376 |
| All other expenses | $0 |
| Total functional expenses | $7,609,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,321,863 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,019,533 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,341,396 |
| Accounts payable and accrued expenses | $1,840,393 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,840,393 |
| Net assets without donor restrictions | -$259,526 |
| Net assets with donor restrictions | $9,760,529 |
| 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 | $11,341,396 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Nli Usa Inc has recieved totaling $1,524,530.
| Awarding Organization | Amount |
|---|---|
David Berg Foundation Inc New York, NY PURPOSE: EXHIBITIONS/PUBLIC PROGRAMS | $500,000 |
John Pritzker Family Fund Redwood City, CA PURPOSE: NATIONAL PHOTOGRAPHY COLLECTION | $500,000 |
Lucius N Littauer Foundation Inc New York, NY PURPOSE: STRATEGIC EXPANSION OF HISTORIC JEWISH PRESS DIGITIZATION AT THE NATIONAL LIBRARY OF ISRAEL | $250,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $148,600 |
Dorot Foundation Providence, RI PURPOSE: CLINTON BAILEY'S WORK | $40,000 |
Dorot Foundation Providence, RI PURPOSE: CLINTON BAILEY'S WORK | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Say Yes Buffalo Scholarship Inc Buffalo, NY | $26,879,466 | $14,014,941 |
The Heckscher Foundation For Children New York, NY | $236,760,119 | $11,760,357 |
United Federation Of Teachers Educational Foundation Inc New York, NY | $18,651,586 | $11,866,585 |
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY | $48,124,527 | $2,679,769 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Five Colleges Incorporated Amherst, MA | $34,378,872 | $10,361,692 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |