American Friends Of Capodimonte
- Assets
- $123.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakbrook Terrace, IL
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-3020120
Organization Overview
American Friends Of Capodimonte is located in Oakbrook Terrace, IL. The organization was established in 2016. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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 Capodimonte 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, American Friends Of Capodimonte generated $97.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $70.0k during the year ending 12/2021. While expenses have increased by 13.8% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OVER 425 DIDACTIC MATERIALS WERE CREATED AND INSTALLED IN CAPODIMONTE'S GALLERIES TO ACCOMPANY AND EXPLAIN THE ARTWORKS ON EXHIBITION; ALL INTERNAL DOCUMENTS AT CAPODIMONTE WERE TRANSLATED INTO ENGLISH; GUIDED TOURS ARE GIVEN TO GUESTS OF HONOR AT CAPODIMONTE; COLLABORATION WITH GOOGLE ARTS & CULTURE HAS LED TO A CREATION OF A COMPREHENSIVE ONLINE PLATFORM FOR THE MUSEUM AND ITS ARTWORKS; COLLABORATION WITH THE APPLE FOUNDATIONS PROGRAM; ORGANIZED A TRIP FROM THE US FOR A GROUP OF INDIVIDUALS TO SEE THE WONDERS OF THE CAPODIMONTE IN PERSON; PRESENTATIONS THAT WERE ORGANIZED AND SUPPORTED BY THE ORGANIZATION WERE GIVEN BY DIRECTOR BELLENGER AT THE UNIVERISTY CLUB AND COLUMBUS CITIZENS FOUNDATION IN NEW YORK CITY; AND FELLOWSHIPS OFFERED TO YOUNG AMERICAN ART HISTORIANS TO WORK HANDS-ON IN THE MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent J Buonanno Pres Emeritus | 2 | $0 | |
Gretchen Hirschauer Board Member | 0 | $0 | |
Bart Livolsi Board Member | 0 | $0 | |
Nancy Vespoli President | 20 | $0 | |
Cristina Del Sesto Secretary | 6 | $0 | |
James Anno Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,406 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,437 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,529 |
| Professional fees and other payments to independent contractors | $5,523 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $285 |
| Other expenses | $12,649 |
| Total expenses | $69,986 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,345 |
| Other assets | $0 |
| Total assets | $123,300 |
| Total liabilities | $3,211 |
| Net assets or fund balances | $120,089 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Friends Of Capodimonte has recieved totaling $55,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Performing Arts Fund Inc Milwaukee, WI | $14,391,026 | $9,375,574 |
Fund For The Arts Inc Louisville, KY | $9,833,007 | $6,108,558 |
Bravo Greater Des Moines Inc Des Moines, IA | $3,545,703 | $5,885,208 |
Richard J Stern Foundation For The Arts Kansas City, MO | $50,258,336 | $4,476,999 |
Robert Allerton Trust Under Will Dated April 15 1964 Chicago, IL | $38,402,099 | $3,836,329 |
Ros Foundation Greenfield, WI | $30,196,896 | $3,469,836 |
Lithuanian Foundation Lemont, IL | $53,188,345 | $6,129,593 |
David C & Sarajean Ruttenberg Arts Foundation Chicago, IL | $0 | $66,826 |
Richard & Ellen Sandor Art Foundation Chicago, IL | $0 | $3,100 |
Community Capital Fund Kansas City, MO | $1,497,991 | $1,400,960 |
Milwaukee Youth Arts Center Foundation Inc Milwaukee, WI | $10,317,722 | $10,905,403 |
Monument Legacy Inc Carmel, IN | $4,006,902 | $508,574 |