American Friends Of Factum Foundation Inc
- Assets
- $83.9k
- Revenue
- $106.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Great Barrington, MA
- Founding
- 06/2016
- Data as of
- 12/2020
- EIN
- 47-5486901
Organization Overview
American Friends Of Factum Foundation Inc is located in Great Barrington, MA. The organization was established in 2016. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., 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. American Friends Of Factum Foundation 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 12/2020, American Friends Of Factum Foundation Inc generated $106.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $27.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ACCORDANCE TO ITS ACTIVITY, THE AMERICAN FRIENDS PROVIDED FUNDS TO SUPPORT THE ACTIVITIES, DEVELOPMENTS AND PROJECTS OF THE FACTUM FOUNDATION FOR DIGITAL TECHNOLOGY IN CONSERVATION, A SPANISH PRIVATE FOUNDATION THAT MEETS THE REQUIREMENTS OF ORGANIZATION DESCRIBED IN SECTION 201(C)(3) OF THE CODE.THE FOUNDATION (ALSO REGISTERED AS FUNDACIN FACTUM PARA LA TECNOLOGA DIGITAL EN LA CONSERVACIN) WAS INCORPORATED IN 2009 AND REGISTERED WITH THE MINISTRY OF CULTURE IN MADRID WITH NUMBER 878 AS A NON-PROFIT ORGANIZATION UNDER SPANISH FOUNDATION'S LEGISLATION.THE AIMS OF THE FOUNDATION ARE TO PROMOTE THE USE OF HIGH-RESOLUTION DIGITAL TECHNOLOGIES IN THE RECORDING AND OTHER PROCESSES THAT CONTRIBUTE TO THE COMPREHENSION, CONSERVATION AND MAINTENANCE OF OBJECTS OF SIGNIFICANT CULTURAL VALUE. THE FOUNDATION WILL ENCOURAGE THE USE OF CULTURAL TOURISM AS A POSITIVE FORCE FOR THE CONSERVATION OF MONUMENTS AND WORKS OF ART THROUGH THE USE OF FACSIMILES.. ALL PROFITS GENERATES BY THE FOUNDATION IN EXCESS OF COSTS WILL BE REINVESTED IN NEW PROJECTS.FACTUM FOUNDATION ASSIGNED AMERICAN FRIENDS CONTRIBUTIONS FOR THE REALIZATION OF BUDGETS APPROVED BY THE PATRONS AND AUTHORIZED BY THE BOARD IN ORDER TO PERFORM THE FOUNDATION'S OBJECTIVES ON THE FOLLOWING LIST OF PROJECTS WHICH HAVE BEEN CARRIED OUT BY THE SPANISH ENTITY DURING 2019:- STOPPELEARE HOUSE DIGITAL CENTRE (LUXOR, EGYPT)- CASA PILATOS RECORDING (SEVILLA, SPAIN)- VENICE DIGITAL CENTRE, ARCHIVE (VENICE, ITALY)- RECORDING OF MONOLITHS IN NIGERIA- RECORDING RAPHAEL CARTOONS AT V&A- RECORDING AT LEWIS WALPOLE LIBRARY - AL ULA TRAINING- AL ULA RECORDING- BISHOP AUCKLAND RECORDING- ASIR PAINTINGS BOOK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Markoff Treasurer | 2 | $0 | |
James Macmillan-Scott President | 2 | $0 | |
Paula Crown Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $106,464 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $106,464 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $329 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $198 |
| Total operating and administrative expenses | $4,890 |
| Contributions, gifts, grants paid | $22,500 |
| Total expenses and disbursements | $27,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,885 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $83,885 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Friends Of Factum Foundation Inc has recieved totaling $32,999.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $32,999 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aperture Foundation Inc New York, NY | $9,605,645 | $6,905,866 |
Amherst Cinema Arts Center Inc Amherst, MA | $3,509,173 | $1,727,890 |
National Alliance For Musical Theatre Inc New York, NY | $552,202 | $908,126 |
Arts Boston Inc Boston, MA | $648,220 | $633,950 |
Actors Studio New York, NY | $8,695,389 | $223,717 |
Stage Directors & Choreographers Workshop Foundation Inc New York, NY | $702,465 | $616,439 |
Shakespeare Globe Centre - Usa Inc New York, NY | $62,511 | $158,136 |
2nd Act Org Inc Boston, MA | $407,047 | $263,995 |
Negro Ensemble Company Inc New York, NY | $52,283 | $0 |
Russell J Efros Foundation Inc Roslyn, NY | $93,933 | $0 |
Richard And Nina Edelman Foundation For Arts And Education Inc New York, NY | $80,987 | $106,966 |
Composers Conference & Chamber Wayland, MA | $338,666 | $0 |