Tom Of Finland Foundation Inc
- Assets
- $512.1k
- Revenue
- $792.0k
- Investments
- $0.0
- Employees
- 7
- Location
- Los Angeles, CA
- Founding
- 07/1986
- Data as of
- 12/2021
- EIN
- 95-4065795
Organization Overview
Tom Of Finland Foundation Inc is located in Los Angeles, CA. The organization was established in 1986. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Tom Of Finland Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tom Of Finland 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 12/2021, Tom Of Finland Foundation Inc generated $792.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $555.4k during the year ending 12/2021. While expenses have increased by 12.3% 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
TOM OF FINLAND FOUNDATION, INC. (TOFF) IS DEDICATED TO PROTECT, PRESERVE, DOCUMENT AND EDUCATE THE PUBLIC ABOUT EROTIC ART AND EROTIC ARTISTS. TOFF SHALL CONTINUE TO ENCOURAGE THE WORK OF EROTIC VISUAL ARTISTS REGARDLESS OF RACE, CREED, RELIGION, GENDER, SEXUAL IDENTITY, MEDIUM OF EXPRESSION OR ANY OTHER CENSORING CRITERIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART AND CULTURE FESTIVALS - IN HOUSE EXHIBITIONS, READINGS AND SCREENINGS DESIGNED TO BRING ARTISTS AND PUBLIC TOGETHER FOR ART APPRECIATION, AND FAMILIARIZE THE PUBLIC WITH THE CULTURAL MERITS OF THE GENRE. TOM HOUSE TOURS; LOCAL, NATIONAL AND INTERNATIONAL ART SHOWS AND BOOK FAIRS; COMMUNITY EVENTS AND COLLABORATIONS ALL ENCOURAGE HEALTHEIR AND MORE TOLERANT SOCIETAL ATTITUDES.
ARCHIVING AND COLLECTING - UPON THE DEATH OF THE ARTIST TOM OF FINLAND IN 1991, THE FOUNDATION BECAME THE LEGAL OWNER OF A VAST CATALOG OF HIS WORK. MAINTAINING AND PERIODICALLY OFFERING HIS WORK FOR SALE INCREASES THE AWARENESS AND VALUE OF THE FOUNDATION'S MATERIALS AND KEEPS TOM'S WORK RELEVANT AND POPULAR IN TODAY'S CULTURE THROUGH OUTSIDE MUSEUMS, GALLERIES AND LICENSING ARRANGEMENTS.
ARTIST WORKSHOPS AND RESIDENCIES - PROMOTE TOM OF FINLAND AND THR FOUNDATIONS'S GOAL TO FOSTER ARTISTS IN DEVELOPING THEIR SKILLS AND A MATURE, SELF-CONFIDENT ATTITUE. PROGRAMS FOCUS ON PERMANENT COLLECTIONS AND EPHEMERA IN OUR COMPREHENSIVE ARCHIVE, LIBRARY AND MUSEUM DESIGNED TO IMMERSE ARTISTS TOM'S WORK AND THAT OF OTHER ARTISTS TO INPIRE NEW ARTISTIC PLATFORMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Ransdell Chairman | OfficerTrustee | 40 | $36,408 |
Durk Dehner President | OfficerTrustee | 40 | $31,488 |
Steve Sharp Vice President | OfficerTrustee | 40 | $28,824 |
Jon Wright Secretary | OfficerTrustee | 2 | $0 |
Melissa Lathrop Director | Trustee | 2 | $0 |
Ayite Okyne Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $20,161 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,730 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,333 |
| Total Program Service Revenue | $647,508 |
| Investment income | $23 |
| 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 | $19,851 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $791,975 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,720 |
| Compensation of current officers, directors, key employees. | $23,493 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,091 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,611 |
| Payroll taxes | $16,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,571 |
| Fees for services: Accounting | $4,961 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $145,256 |
| Advertising and promotion | $1,644 |
| Office expenses | $4,108 |
| Information technology | $11,637 |
| Royalties | $0 |
| Occupancy | $46,076 |
| Travel | $9,039 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $288 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,387 |
| All other expenses | $20,905 |
| Total functional expenses | $555,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,705 |
| Savings and temporary cash investments | $352,132 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,874 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,468 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $64,895 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,001 |
| Total assets | $512,075 |
| 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 | $30,598 |
| Total liabilities | $30,598 |
| Net assets without donor restrictions | $481,477 |
| 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 | $512,075 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tom Of Finland Foundation Inc has recieved totaling $140.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $140 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Creative Visions Foundation Malibu, CA | $2,694,700 | $10,872,980 |
Glaziers Architectural Metal & Glass Workers Local Union 1399 Hea Covina, CA | $12,022,551 | $5,262,157 |
Phoenix Painting Industry Trust Fund Phoenix, AZ | $8,745,449 | $4,690,569 |
Elderheart Inc Sisters, OR | $6,200,437 | $6,066,501 |
Social And Public Art Resource Center Venice, CA | $5,398,489 | $1,298,270 |
Modern Quilt Guild Inc Los Angeles, CA | $471,322 | $1,206,669 |
Catchlight San Francisco, CA | $2,559,579 | $3,095,707 |
Self-Help Graphics And Arts Inc Los Angeles, CA | $7,358,688 | $2,282,621 |
California Anime Foundation Granada Hills, CA | $325,204 | $1,412,708 |
Bay Area Glass Institute Inc San Jose, CA | $1,447,752 | $1,103,523 |
Hui Noeau Makawao, HI | $6,399,050 | $1,181,820 |
American Society Of Media Photographers Inc San Francisco, CA | $534,568 | $1,162,030 |