International Art Museum Of America

Organization Overview

International Art Museum Of America is located in San Francisco, CA. The organization was established in 2010. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, International Art Museum Of America employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Art Museum Of America 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 12/2022, International Art Museum Of America generated $446.2k 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 (4.5%) each year. All expenses for the organization totaled $420.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF INTERNATIONAL ART MUSEUM OF AMERICA (IAMA) IS TO DISPLAY THE MOST EXQUISITE, BEAUTIFUL, AND PRECIOUS ART FROM ALL OVER THE WORLD TO PROMOTE MORAL PROGRESS, SPIRITUAL HEALTH, AND CULTURAL AND ARTISTIC DEVELOPMENT OF HUMANITY AROUND THE GLOBE. ITS VISION IS TO PROVIDE A BEAUTIFUL ENVIRONMENT FOR ALL PEOPLE THAT PROMOTES HAPPINESS, WELL BEING, AESTHETIC ENJOYMENT, AND WORLD PEACE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR LARGEST PROGRAM FURTHERING OUR EXEMPT-PURPOSE WAS EXHIBITING ARTWORK. IAMA'S ACHIEVEMENTS IN THE AREA HAVE BEEN EXHIBITING THE MOST EXQUISITE, BEAUTIFUL, AND PRECIOUS ART FROM ALL OVER THE WORLD, THEREBY PROMOTING THE MORAL PROGRESS, SPIRITUAL HEALTH, AND CULTURAL AND ARTISTIC DEVELOPMENT OF HUMANITY. PEOPLE CAME TO IAMA WHERE THEY ENJOYED TOP-QUALITY ART. MANY OF THEM MARVELED OVER THE PAINTINGS, SCULPTURES, AND CALLIGRAPHY ON DISPLAY.


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Board, Officers & Key Employees

Name (title)Compensation
Ching-Kuo Wu
Director & Chairman Of The Board
$0
Matthew Kuan
Director & President
$0
Steven Meyers
Director & Vice President
$0
Frank Hsieh Chang-Ting
Director
$0
Loretta Huang
Director & Director Of Museum Operations
$0
Judy Kuan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$64,840
Fundraising events$0
Related organizations$0
Government grants $124,092
All other contributions, gifts, grants, and similar amounts not included above$174,090
Noncash contributions included in lines 1a–1f $530
Total Revenue from Contributions, Gifts, Grants & Similar$363,022
Total Program Service Revenue$57,543
Investment income $62
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 $14,234
Miscellaneous Revenue$0
Total Revenue $446,178

Peer Organizations

Organization NameAssets
Museum Associates
Los Angeles, CA
$150,810,631
San Francisco Museum Of Modern Art
San Francisco, CA
$89,774,720
Armand Hammer Museum Of Art And Cultural Center Inc
Los Angeles, CA
$28,730,767
Asian Art Museum Foundation Of San Francisco
San Francisco, CA
$35,440,981
The Broad
Los Angeles, CA
$28,868,352
Museum Of Contemporary Art
Los Angeles, CA
$28,960,841
Portland Art Museum
Portland, OR
$22,345,406
San Diego Museum Of Art
San Diego, CA
$13,995,818
Crocker Art Museum Association
Sacramento, CA
$14,990,163
Honolulu Museum Of Art
Honolulu, HI
$12,640,830
Museum Of Contemporary Art San Diego
La Jolla, CA
$31,042,175
Santa Barbara Museum Of Art
Santa Barbara, CA
$18,950,542
Phoenix Art Museum
Phoenix, AZ
$14,886,842
Nevada Museum Of Art Inc
Reno, NV
$19,126,102
Orange County Museum Of Art
Costa Mesa, CA
$18,158,207
Norton Simon Museum Of Art At Pasadena
Pasadena, CA
$8,597,613
San Jose Museum Of Art Association
San Jose, CA
$5,864,094
Broad Art Foundation
Los Angeles, CA
$2,411,274
Tucson Museum Of Art
Tucson, AZ
$3,556,270
Laguna Art Museum
Laguna Beach, CA
$3,605,503
Museum Of Craft And Design
San Francisco, CA
$2,759,495
Putnam Foundation
San Diego, CA
$1,932,243
Ica La
Los Angeles, CA
$3,866,496
Frederick R Weisman Art Foundation
Los Angeles, CA
$3,711,410
Monterey Museum Of Art
Monterey, CA
$3,167,468

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