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 12/2022, Tom Of Finland Foundation Inc employed 9 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 12/2022, Tom Of Finland Foundation Inc generated $444.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $606.9k during the year ending 12/2022. While expenses have increased by 11.9% per year over the past 8 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
2022
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
MUSEUM TOURSWE DO GUIDED TOURS AT TOM HOUSE ON THURSDAYS AND SATURDAYS, THEY ARE BY RESERVATION ONLY, COST OF TOUR IS $20/PERSONARCHIVE, PERMANENT COLLECTIONS AND LIBRARYOUR ARCHIVES AND LIBRARY ARE MAINLY UTILIZED BY OUR ARTISTS IN RESIDENCE, BUT THEY ARE OPEN BY APPOINTMENT TO STUDENTS, SCHOLARS, RESEARCHES, ARTISTS ETC.WE ALSO HOLD A LARGE COLLECTION OF OTHER QUEER ARTISTS WORKS IN OUR PERMANENT COLLECTION, INCLUDING OUR ARTIST MEMBERS WORKS.MEMBERSHIPSWE OFFERED MEMBERSHIPS IN 8 TIERS IN 2022ALL MEMBERS RECEIVE A MEMBERSHIP CARD AND DISCOUNTS FROM OUR PARTNERS AT TOM OF FINLAND STORE AND TOF WINES (NOW DISCONTINUED) DEPENDING ON THEIR TIER.THEY ALSO GET SPECIAL INVITATIONS TO EVENTS, MAILINGS, NEWSLETTER ETC.OUR MEMBERSHIP PROGRAM WAS RELAUNCHED WITH NEW TIER LEVELS AND OFFERINGS FOR MEMBERS IN 2023.
PUBLIC EVENTSWE DO SEVERAL EVENTS THAT ARE OPEN TO THE PUBLIC EACH YEAR, SOME OF THEM ARE FREE OF CHARGE, SOME BY DOOR DONATION AND SOME TICKETED THROUGH SEETICKETS.THESE EVENTS ARE PART OF OUR PUBLIC EDUCATION PROGRAMMING AND ARTIST PROGRAMMINGART & CULTURE FESTIVAL (IN 2022 WE DID LA AND LONDON SIMULTANEOUSLY IN OCT), ITS OUR LONGEST RUNNING PROGRAM FOR ARTISTS, VENDORS AND GALLERIES TO EXHIBIT AND SELL THEIR ART TOMS BAR (ANNUALLY ON FATHERS DAY IN JUNE) IS OUR BIGGEST PUBLIC FACING FUNDRAISING EVENT THAT WE SELL TICKETS TO. LIFE DRAWING SESSIONS AT TOM HOUSE, ONCE A MONTH ON A SUNDAY, SO 12 TOTAL ANNUALLY. EMERGING ARTIST CONTEST (ONLINE SUBMISSIONS FROM ALL OVER THE WORLD), WE DID ONE IN 2022, ITS DONE EVERY OTHER YEARALLTOGETHER A BIG COLLABORATIVE EXHIBITION WITH THE COMMUNITY AND DIESEL, FIRST ITERATION WAS IN 2022 IN PARIS AND VENICE. ON TOP OF THIS WE DO NUMEROUS EXHIBITIONS, COLLABORATING EVENTS WITH OTHER COMMUNITY ORGANIZATIONS AND INDIVIDUALS, BUT IT VARIES FROM YEAR TO YEAR.
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Durk Dehner President | OfficerTrustee | 40 | $33,294 |
S R Sharp Member | OfficerTrustee | 2 | $32,190 |
Rob Henning Chairman | OfficerTrustee | 40 | $0 |
Edward Cella Treasurer | OfficerTrustee | 40 | $0 |
Jon Wright Secretary | Trustee | 2 | $0 |
Colt Mix Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $17,175 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $40,793 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $57,968 |
Total Program Service Revenue | $342,306 |
Investment income | $25 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $43,701 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $261 |
Miscellaneous Revenue | $0 |
Total Revenue | $444,296 |
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. | $65,484 |
Compensation of current officers, directors, key employees. | $13,700 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $166,962 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $18,151 |
Fees for services: Management | $0 |
Fees for services: Legal | $23,319 |
Fees for services: Accounting | $4,896 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $128,522 |
Advertising and promotion | $3,305 |
Office expenses | $3,482 |
Information technology | $8,165 |
Royalties | $0 |
Occupancy | $49,677 |
Travel | $21,434 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,008 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,573 |
Insurance | $17,109 |
All other expenses | $28,080 |
Total functional expenses | $606,887 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $25,307 |
Savings and temporary cash investments | $217,157 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,674 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $23,947 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $48,642 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $25,000 |
Total assets | $341,727 |
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 | $32,414 |
Total liabilities | $32,414 |
Net assets without donor restrictions | $309,313 |
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 | $341,727 |