MAGNUM CULTURAL FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MAGNUM CULTURAL FOUNDATION (EIN 45-0573269)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-06
IRS object ID
202433119349302503
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-06T10:16:34-08:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN202747426PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RICH AND BANDER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line179 Madison Avenue 2nd FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN450573269EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAGNUM CULTURAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMAGNBusinessNameControlTxt
Phone2122191248PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line159 EAST 4TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10003ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKRISTEN LUBBENPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2122191248PhoneNum
Signature2024-11-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJONATHAN A BANDERPreparerPersonNm
PTINP00561220PTIN
Phone2126842470PhoneNum
Preparation2024-11-06PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKRISTEN LUBBENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line159 EAST 4TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10003ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,239,904GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressMAGNUMFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionMENTOR THE NEXT GENERATION OF PHOTOGRAPHERS AND HAVE IMPACT ON HISTORICAL/CONTEMPORARY PHOTOGRAPHYActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee11TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,650,964PYContributionsGrantsAmt
CY Contributions Grants$1,152,188CYContributionsGrantsAmt
PY Program Service Revenue$24,583PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$11,292PYInvestmentIncomeAmt
CY Investment Income$3,154CYInvestmentIncomeAmt
PY Other Revenue$9,738PYOtherRevenueAmt
CY Other Revenue$22,524CYOtherRevenueAmt
PY Total Revenue$2,696,577PYTotalRevenueAmt
CY Total Revenue$1,177,866CYTotalRevenueAmt
PY Grants And Similar Paid$320,909PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$323,747CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$489,373PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$632,185CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$90,956PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$101,800CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$286,269CYTotalFundraisingExpenseAmt
PY Other Expenses$614,758PYOtherExpensesAmt
CY Other Expenses$707,001CYOtherExpensesAmt
PY Total Expenses$1,515,996PYTotalExpensesAmt
CY Total Expenses$1,764,733CYTotalExpensesAmt
PY Revenues Less Expenses$1,180,581PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$586,867CYRevenuesLessExpensesAmt
Total Assets BOY$5,238,755TotalAssetsBOYAmt
Total Assets EOY$4,693,801TotalAssetsEOYAmt
Total Liabilities BOY$120,838TotalLiabilitiesBOYAmt
Total Liabilities EOY$146,189TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,117,917NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,547,612NetAssetsOrFundBalancesEOYAmt
MissionMENTOR THE NEXT GENERATION OF PHOTOGRAPHERS AND HAVE IMPACT ON HISTORICAL/CONTEMPORARY PHOTOGRAPHYMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,150,010ExpenseAmt
Grant$323,747GrantAmt
Revenue$0RevenueAmt
DescMAJOR PROGRAM SERVICES INCLUDE: PROVIDING FINANCIAL SUPPORT TO PHOTOGRAPHERS TO DOCUMENT ISSUES OF LOCAL, NATIONAL, OR GLOBAL CONCERN BEFORE THEY REACH CRISIS PROPORTIONS, WITH A FOCUS ON SUBJECTS THAT HAVE NOT RECEIVED THE ATTENTION THEY DESERVE; INCREASING THE IMPACT OF DOCUMENTARY PHOTOGRAPHY BY CONNECTING PHOTOGRAPHERS AND THEIR WORK WITH NONPROFIT ORGANIZATIONS AND INDIVIDUALS COMMITTED TO SOCIAL CHANGE; TRAINING THE NEXT GENERATION OF IMAGE-MAKERS AND GIVING AWARDS TO OUTSTANDING YOUNG PHOTOGRAPHERS COMMITTED TO DOCUMENTARY WORK; AND PRESERVING AND MAKING ACCESSIBLE SIGNIFICANT DOCUMENTARY COLLECTIONS.Desc
Total Program Service Expenses$1,150,010TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document69IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee11EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2122191248PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line159 EAST 4TH STREET NO 7WAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10003ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
KRISTEN LUBBEN
EXECUTIVE DIRECTOR40.00Yes (X)$149,687$0$5,037
SUSAN MEISELAS
PRESIDENT7.50Yes (X)$0$0$0Yes (X)
PAMELA CHEN
DIRECTOR0.50$0$0$0Yes (X)
DIANA COHN
DIRECTOR0.50$0$0$0Yes (X)
CLAIRE DAVIS
DIRECTOR0.75$0$0$0Yes (X)
LISA GARRISON
DIRECTOR0.50$0$0$0Yes (X)
SOHRAB HURA
DIRECTOR0.50$0$0$0Yes (X)
MARK JACKSON
DIRECTOR0.75$0$0$0Yes (X)
JONATHAN KARTT
DIRECTOR0.50$0$0$0Yes (X)
CATHERINE MUTHER
DIRECTOR (RESIGNED NOVEMBER 2023)0.50$0$0$0Yes (X)
ELLIS REED
DIRECTOR0.50$0$0$0Yes (X)
ORVILLE SCHELL
DIRECTOR0.50$0$0$0Yes (X)
NEWSHA TAVAKOLIAN
DIRECTOR0.50$0$0$0Yes (X)
CYNTHIA YOUNG-EBERSTADT
DIRECTOR0.50$0$0$0Yes (X)
ALICE SACHS ZIMET
DIRECTOR0.50$0$0$0Yes (X)
RAFAL MILACH
DIRECTOR0.50$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$149,687TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$5,037TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$148,390GovernmentGrantsAmt
All Other Contributions$1,003,798AllOtherContributionsAmt
Noncash Contributions$48,922NoncashContributionsAmt
Total Contributions$1,152,188TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$792TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$792ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$4,200RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$4,200RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,200TotalRevenueColumnAmt
Exclusion$4,200ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$64,400SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$62,038SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,362SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,362TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,362ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCALLENEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$18,324TotalRevenueColumnAmt
Related Or Exempt Func Income$18,324RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$18,324OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,177,866TotalRevenueColumnAmt
Related Or Exempt Func Income$18,324RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$7,354ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$33,140TotalAmt
Program Services$33,140ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$94,227TotalAmt
Program Services$94,227ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$196,380TotalAmt
Program Services$196,380ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$149,687TotalAmt
Program Services$59,875ProgramServicesAmt
Management And General$44,906ManagementAndGeneralAmt
Fundraising$44,906FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$392,442TotalAmt
Program Services$206,325ProgramServicesAmt
Management And General$95,980ManagementAndGeneralAmt
Fundraising$90,137FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$14,384TotalAmt
Program Services$7,063ProgramServicesAmt
Management And General$3,738ManagementAndGeneralAmt
Fundraising$3,583FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$41,481TotalAmt
Program Services$20,368ProgramServicesAmt
Management And General$10,780ManagementAndGeneralAmt
Fundraising$10,333FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$34,191TotalAmt
Program Services$16,789ProgramServicesAmt
Management And General$8,885ManagementAndGeneralAmt
Fundraising$8,517FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$97,963TotalAmt
Program Services$0ProgramServicesAmt
Management And General$97,963ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$101,800TotalAmt
Fundraising$101,800FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$350,297TotalAmt
Program Services$331,149ProgramServicesAmt
Management And General$19,148ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,764TotalAmt
Program Services$1,511ProgramServicesAmt
Management And General$563ManagementAndGeneralAmt
Fundraising$690FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$111,293TotalAmt
Program Services$82,603ProgramServicesAmt
Management And General$18,519ManagementAndGeneralAmt
Fundraising$10,171FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,783TotalAmt
Program Services$4,783ProgramServicesAmt
Management And General$1,815ManagementAndGeneralAmt
Fundraising$2,185FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$28,264TotalAmt
Program Services$21,126ProgramServicesAmt
Management And General$7,138ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$36,370TotalAmt
Program Services$19,806ProgramServicesAmt
Management And General$7,521ManagementAndGeneralAmt
Fundraising$9,043FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,889TotalAmt
Program Services$4,840ProgramServicesAmt
Management And General$1,833ManagementAndGeneralAmt
Fundraising$2,216FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STORAGE FEES$19,215$17,281$1,934$0
TELECOMMUNICATIONS$14,616$10,177$2,082$2,357
LODGING AND MEALS$12,283$12,011$272$0
CATERING AND HOSPITALITY$13,733$9,831$3,902$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,531TotalAmt
Program Services$725ProgramServicesAmt
Management And General$1,475ManagementAndGeneralAmt
Fundraising$331FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,764,733TotalAmt
Program Services$1,150,010ProgramServicesAmt
Management And General$328,454ManagementAndGeneralAmt
Fundraising$286,269FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,915,083BOYAmt
EOY$2,126,709EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$879,317BOYAmt
EOY$879,490EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$334,800BOYAmt
EOY$546,736EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$20,680BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,770BOYAmt
EOY$34,526EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$851,559LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$58,541LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$770,229BOYAmt
EOY$793,018EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$45,476BOYAmt
EOY$48,922EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$264,400BOYAmt
EOY$264,400EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,238,755BOYAmt
EOY$4,693,801EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$120,838BOYAmt
EOY$123,669EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$22,520EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$120,838BOYAmt
EOY$146,189EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,504,673BOYAmt
EOY$3,911,280EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$613,244BOYAmt
EOY$636,332EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,117,917BOYAmt
EOY$4,547,612EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,238,755BOYAmt
EOY$4,693,801EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$586,867ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$16,562NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,114,859CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,023,468CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,035,781CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,625,042CurrentTaxYearMinus1YearAmt
Current Tax Year$1,152,188CurrentTaxYearAmt
Total$8,951,338TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,114,859CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,023,468CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,035,781CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,625,042CurrentTaxYearMinus1YearAmt
Current Tax Year$1,152,188CurrentTaxYearAmt
Total$8,951,338TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,433,391SubstantialContributorsTotAmt
Public Support Total170$4,517,947PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$702CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$28,117CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,187CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,392CurrentTaxYearMinus1YearAmt
Current Tax Year$7,354CurrentTaxYearAmt
Total$62,752TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$9,014,090TotalSupportAmt
Gross Receipts Rltd Activities$191,724GrossReceiptsRltdActivitiesAmt
Public Support CY1700.50120PublicSupportCY170Pct
Public Support PY1700.52570PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Held Works Art HeldWorksArtGrp

FieldValueIRS element (for citing)
Assets Included$264,400AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Book Value$0BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$566,800OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$566,800BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$120,650OtherCostOrOtherBasisAmt
Depreciation$10,054DepreciationAmt
Book Value$110,596BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,944OtherCostOrOtherBasisAmt
Depreciation$10,715DepreciationAmt
Book Value$4,229BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$149,165OtherCostOrOtherBasisAmt
Depreciation$37,772DepreciationAmt
Book Value$111,393BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$793,018TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescPRINT COLLECTIONSDesc
Book Value$264,400BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$264,400TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,194,428TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$16,562NetUnrealizedGainsInvstAmt
Revenue Not Reported$16,562RevenueNotReportedAmt
Revenue Subtotal$1,177,866RevenueSubtotalAmt
Total Revenue Per Form990$1,177,866TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,764,733TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,764,733ExpensesSubtotalAmt
Total Expenses Per Form990$1,764,733TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt X, Line 2THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY.
Pt III, Line 4PRINT COLLECTIONS CONSISTS OF PHOTOGRAPHIC PRINTS THAT ARE HELD FOR PUBLIC EXHIBITION.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Middle East00GrantmakingProviding mentorship and support fo$27,164
Sub-Saharan Africa00GrantmakingProviding mentorship and support fo$17,300
South Asia00GrantmakingProviding mentorship and support fo$44,273
Central America00GrantmakingProviding mentorship and support fo$13,300
Europe00GrantmakingProviding mentorship and support fo$45,944
North America00GrantmakingProviding mentorship and support fo$6,000
South America00GrantmakingProviding mentorship and support fo$29,400
East Asia and Pacific00GrantmakingProviding mentorship and support fo$13,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$196,381SubtotalSpentAmt
Total Spent$196,381TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
Fellowship grantsMiddle East6$27,164WIRE
Fellowship grantsSub-Saharan Africa2$17,300WIRE
Fellowship grantsEast Asia and Pacific2$13,000WIRE
Fellowship grantsSouth Asia14$44,273WIRE
Fellowship grantsCentral America4$19,300WIRE
Fellowship grantsEurope9$45,944WIRE
Fellowship grantsSouth America5$29,400WIRE
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePt I Line 2FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION MONITORS THE USE OF THE GRANT FUNDS.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1ADVANCE NYC INC - 226 TULIPAVENUE FLORAL PARK NYBusinessNameLine1Txt
FieldValueIRS element (for citing)
ActivityFUNDRAISING COUNSELActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$101,800RetainedByContractorAmt
Net To Organization-$101,800NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$0TotalGrossReceiptsAmt
Total Retained By Contractors$101,800TotalRetainedByContractorsAmt
Total Net To Organization-$101,800TotalNetToOrganizationAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Joshua Rashaad Studio LLC
184 Sawyer StRochesterNY14619862180357$11,000Fellowship
March Water Inc
69 Moffat St 2BrooklynNY11207845103893$27,000Fellowship

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFELLOWSHIP GRANTSGrantTypeTxt
Recipient22RecipientCnt
Cash Grant$94,227CashGrantAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$48,922NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 11bFORM 990 WILL BE REVIEWED BY THE PRESIDENT, EXECUTIVE DIRECTOR AND A BOARD MEMBER, AND THEN CIRCULATED THE RETURN TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS.
Pt VI, Line 12cTHE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES AND DISCLOSED INFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION IS MADE AS TO WHETHER TO APPROVE THE TRANSACTION.
Pt VI, Line 15aCOMPARED SALARIES OF COMPARABLE ORGANIZATIONS AND ORGANIZATIONS OF SIMILAR SIZE TO DETERMINE COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES.
Pt VI, Line 19THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
Form 990, Part IX, Line 11gARTISTIC FEE 115252. 115252. 0. 0.
Form 990, Part IX, Line 11gOTHER OUTSIDE CONTRACTORS 235045. 215897. 19148. 0.

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