The Patrons Of The Arts In The Vatican Museums
- Assets
- $138.2k
- Revenue
- $24.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Friendswood, TX
- Founding
- 06/1998
- Data as of
- 12/2022
- EIN
- 75-2475881
Organization Overview
The Patrons Of The Arts In The Vatican Museums is located in Friendswood, TX. The organization was established in 1998. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patrons Of The Arts In The Vatican Museums 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, Patrons Of The Arts In The Vatican Museums generated $24.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $10.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (34.6%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVING THE ART HOUSED IN THE VATICAN MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS DEDICATED TO PRESERVING THE VAST AND UNIQUE COLLECTION OF ART HOUSED IN THE VATICAN MUSEUMS, AS WELL AS UNMOVABLE WORKS OF ART, SUCH AS THE SISTINE CHAPEL, THE RAFAEL ROOMS, AND THE BORGIA APARTMENT. THEY WORK TO ENHANCE AWARENESS AND APPRECIATION OF THE MUSEUMS' CONTENTS, AND IMPROVE THE AVAILABILITY OF THE VATICAN MUSEUMS TO THE PUBLIC THROUGH PUBLICATIONS, LECTURES, TRIPS, TOURS AND SIMILAR UNDERTAKINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Langenstein Secretary | OfficerTrustee | 1 | $0 |
Doug Wrinkle Treasurer | OfficerTrustee | 4 | $0 |
Lori A Wrinkle President | OfficerTrustee | 4 | $0 |
Joe Popolo Director | Trustee | 1 | $0 |
E Mark Hotze Director | Trustee | 1 | $0 |
Barry Hancock Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,601 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,601 |
| Total Program Service Revenue | $0 |
| Investment income | $28 |
| 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 | $24,629 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,574 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,102 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $2,004 |
| All other expenses | $279 |
| Total functional expenses | $9,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $137,025 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,200 |
| 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 | $138,225 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $138,225 |
| Net assets with donor restrictions | $0 |
| 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 | $138,225 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Patrons Of The Arts In The Vatican Museums has recieved totaling $32,400.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $32,400 |
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Local 798 Training Center Tulsa, OK | $15,089,944 | $2,364,355 |
The Texas International Institute Of Health Professions Houston, TX | $1,051,100 | $3,423,750 |
Gulf Coast Safety Council St Rose, LA | $8,585,164 | $3,314,134 |
Leaders In Education Houston, TX | $4,759,065 | $5,189,161 |
New Orleans Career Center New Orleans, LA | $1,143,787 | $3,091,199 |
Valley Grande Institute For Academic Studies Weslaco, TX | $6,074,695 | $3,497,097 |
New Mexico Pipe Trades Joint Apprenticeship Fund Albuquerque, NM | $5,396,358 | $2,206,148 |
Austin Plumbers & Pipefitters Training Tr Round Rock, TX | $4,787,849 | $3,048,612 |