YMA FASHION SCHOLARSHIP FUND: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- YMA FASHION SCHOLARSHIP FUND (EIN 20-8513748)
- Tax period
- 2023-08-01 to 2024-07-31
- Filed
- 2025-06-16
- IRS object ID
- 202511679349301321
- Schema version
- 2023v6.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-06-16T14:15:59-05:00 | ReturnTs |
| Tax Period End | 2024-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331374517 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 PARK AVENUE 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10167 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208513748 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FASHION SCHOLARSHIP FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FASH | BusinessNameControlTxt |
| Phone | 2122780008 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 W 35TH STREET 500 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER ARNOLD | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2122780008 | PhoneNum |
| Signature | 2025-06-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EVA MRUK | PreparerPersonNm |
| PTIN | P00543254 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2025-06-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARC MASTRONARDI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 W 35TH STREET 500 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $51,792,507 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FASHIONSCHOLARSHIPFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2006 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE EDUCATION OF THE FASHION ARTS AND BUSINESS BY GRANTING SCHOLARSHIPS TO TALENTED STUDENTS AND FACILITATING INTERNSHIPS, MENTORSHIPS, AND CAREER PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 130 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,412,129 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,571,795 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $413,071 | PYInvestmentIncomeAmt |
| CY Investment Income | $581,241 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$745,048 | PYOtherRevenueAmt |
| CY Other Revenue | -$788,821 | CYOtherRevenueAmt |
| PY Total Revenue | $3,080,152 | PYTotalRevenueAmt |
| CY Total Revenue | $3,364,215 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,323,029 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,629,577 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,060,986 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,110,606 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $102,475 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $71,150 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $495,791 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $936,232 | PYOtherExpensesAmt |
| CY Other Expenses | $1,209,108 | CYOtherExpensesAmt |
| PY Total Expenses | $3,422,722 | PYTotalExpensesAmt |
| CY Total Expenses | $4,020,441 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$342,570 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$656,226 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $25,303,770 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,155,903 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $601,546 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $749,527 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,702,224 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $25,406,376 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO ADVANCE THE FASHION INDUSTRY BY ENCOURAGING GIFTED AND ENTERPRISING YOUNG PEOPLE TO PURSUE CAREERS IN DESIGN, MERCHANDISING, RETAILING AND BUSINESS, ENSURING THE INDUSTRY WILL CONTINUE TO ATTRACT DEDICATED AND CAPABLE INDIVIDUALS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,148,315 | ExpenseAmt |
| Grant | $1,629,577 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | AS THE PREMIER EDUCATIONAL FASHION NON-PROFIT IN THE UNITED STATES, THE FASHION SCHOLARSHIP FUND SEEKS TO IDENTIFY AND CREATE CAREER OPPORTUNITIES FOR YOUNG PEOPLE WORLDWIDE. THE ORGANIZATION GRANTS THE SINGLE LARGEST SUM OF MONEY AND TOTAL NUMBER OF SCHOLARSHIPS IN THE ENTIRE FASHION COMMUNITY, SUPPLEMENTING FINANCIAL SUPPORT WITH A RICH CURRICULUM OF COMPREHENSIVE, INDUSTRY-LEADING PROGRAMS FOR SCHOLARS, OFFERING HANDS-ON EXPERIENCE WITH THE WORLD'S TOP FASHION COMPANIES AND MOST INFLUENTIAL LEADERS. | Desc |
| Total Program Service Expenses | $3,148,315 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 21 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETER ARNOLD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122780008 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 W 35TH STREET 500 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| PETER ARNOLD | |||||||
| EXECUTIVE DIRECTOR, SECRETARY | 40.00 | Yes (X) | Yes (X) | $461,413 | $0 | $34,196 | |
| MARC MASTRONARDI | |||||||
| CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN TIGHE | |||||||
| PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| YEHUDA SHMIDMAN | |||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HEATH GOLDEN | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MIKE ALIC | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SAM ARCHIBALD | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KEITH BAPTISTA | |||||||
| DIRECTOR THRU JUL 2024 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLYN D'ANGELO | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NATA DVIR | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HOWARD FELLER | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MIKE FRALIX | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KIERA GANANN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEX GRINBERG | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CELESTE GUDAS | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STACIE HENDERSON-CAPECE | |||||||
| MINUTOLO DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID KATZ | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MATT LAUKAITIS | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JESSICA LOMAX | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MECCA MITCHELL | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH NOLAN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN ORWIG | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KRISTIN REHBERG | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL ROSENGARD | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HEATHER ROUSSEL | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| EMILIE RUBINFELD | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SETOLA | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STANLEY SILVERSTEIN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID SIRKIN | |||||||
| DIRECTOR THRU JUL 2024 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| AMANDA SMITH | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GENA SMITH | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHIP THOMPSON | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LANA TODOROVICH | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER VECCHIO | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHELLE WLAZLO | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIE COLLETTA | |||||||
| DIRECTOR OF ED PROGRAMS | 40.00 | $137,459 | $0 | $25,616 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $598,872 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $59,812 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LIBERTY LOVES COMPANY LLC | |||||
| 112 CONNETT PLACE | SOUTH ORANGE | NJ | 07079 | PUBLIC RELATIONS SERVICES | $204,145 |
| PINK CORNROWS LLC | |||||
| 415 GATES AVENUE APARTMENT 1R | BROOKLYN | NY | 11216 | PUBLIC RELATIONS AND DIVERSITY, EQUITY, | $140,000 |
| STUDIO PRODUCTION | |||||
| 660 12TH AVENUE 5TH FLOOR | NEW YORK | NY | 10019 | GALA PRODUCTION SERVICES | $129,590 |
| MARY GUILIANI CATERING | |||||
| 18 WEST 21ST STREET ROOM 202 | NEW YORK | NY | 10010 | GALA CATERING SERVICES | $106,890 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,786,000 | FundraisingAmt |
| All Other Contributions | $1,785,795 | AllOtherContributionsAmt |
| Total Contributions | $3,571,795 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $422,126 | TotalRevenueColumnAmt |
| Exclusion | $422,126 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,663,214 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,504,099 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $159,115 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $159,115 | TotalRevenueColumnAmt |
| Exclusion | $159,115 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $135,372 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,786,000 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $924,193 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$788,821 | TotalRevenueColumnAmt |
| Exclusion | -$788,821 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,364,215 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$207,580 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,629,577 | TotalAmt |
| Program Services | $1,629,577 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $498,461 | TotalAmt |
| Program Services | $299,077 | ProgramServicesAmt |
| Management And General | $99,692 | ManagementAndGeneralAmt |
| Fundraising | $99,692 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $452,808 | TotalAmt |
| Program Services | $230,389 | ProgramServicesAmt |
| Management And General | $23,421 | ManagementAndGeneralAmt |
| Fundraising | $198,998 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,368 | TotalAmt |
| Program Services | $54,391 | ProgramServicesAmt |
| Management And General | $11,130 | ManagementAndGeneralAmt |
| Fundraising | $33,847 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,969 | TotalAmt |
| Program Services | $37,315 | ProgramServicesAmt |
| Management And General | $6,717 | ManagementAndGeneralAmt |
| Fundraising | $15,937 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,715 | TotalAmt |
| Program Services | $16,715 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,575 | TotalAmt |
| Program Services | $9,762 | ProgramServicesAmt |
| Management And General | $67,498 | ManagementAndGeneralAmt |
| Fundraising | $19,315 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,150 | TotalAmt |
| Fundraising | $71,150 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,844 | TotalAmt |
| Management And General | $68,844 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $376,533 | TotalAmt |
| Program Services | $345,111 | ProgramServicesAmt |
| Management And General | $10,955 | ManagementAndGeneralAmt |
| Fundraising | $20,467 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,180 | TotalAmt |
| Program Services | $275,180 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,037 | TotalAmt |
| Program Services | $4,603 | ProgramServicesAmt |
| Management And General | $24,277 | ManagementAndGeneralAmt |
| Fundraising | $14,157 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,079 | TotalAmt |
| Program Services | $10,518 | ProgramServicesAmt |
| Management And General | $10,145 | ManagementAndGeneralAmt |
| Fundraising | $416 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,999 | TotalAmt |
| Program Services | $66,729 | ProgramServicesAmt |
| Management And General | $10,135 | ManagementAndGeneralAmt |
| Fundraising | $10,135 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,127 | TotalAmt |
| Program Services | $9,824 | ProgramServicesAmt |
| Management And General | $8,874 | ManagementAndGeneralAmt |
| Fundraising | $10,429 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,348 | TotalAmt |
| Program Services | $18,348 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,737 | TotalAmt |
| Management And General | $6,737 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,666 | TotalAmt |
| Management And General | $11,666 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,240 | TotalAmt |
| Program Services | $1,248 | ProgramServicesAmt |
| Management And General | $3,744 | ManagementAndGeneralAmt |
| Fundraising | $1,248 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STRATEGIC EXPENSE | $130,188 | $130,188 | |
| BAD DEBT EXPENSE | $12,500 | $12,500 | |
| EDUCATOR FORUM | $5,975 | $5,975 | |
| ALUMNI PROGRAMS | $3,090 | $3,090 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275 | TotalAmt |
| Program Services | $275 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,020,441 | TotalAmt |
| Program Services | $3,148,315 | ProgramServicesAmt |
| Management And General | $376,335 | ManagementAndGeneralAmt |
| Fundraising | $495,791 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,730 | BOYAmt |
| EOY | $181,884 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,703 | BOYAmt |
| EOY | $97,669 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,500 | BOYAmt |
| EOY | $97,500 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $19,355 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $34,998 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $19,443 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,221 | BOYAmt |
| EOY | $15,555 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,920,907 | BOYAmt |
| EOY | $19,710,916 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,083,180 | BOYAmt |
| EOY | $6,033,024 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,529 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,303,770 | BOYAmt |
| EOY | $26,155,903 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $577,846 | BOYAmt |
| EOY | $749,527 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,700 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $601,546 | BOYAmt |
| EOY | $749,527 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,602,224 | BOYAmt |
| EOY | $25,306,376 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,702,224 | BOYAmt |
| EOY | $25,406,376 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,303,770 | BOYAmt |
| EOY | $26,155,903 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$656,226 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,385,378 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$25,000 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,125,210 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,236,550 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,991,166 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,997,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,571,795 | CurrentTaxYearAmt |
| Total | $13,921,771 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,125,210 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,236,550 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,991,166 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,997,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,571,795 | CurrentTaxYearAmt |
| Total | $13,921,771 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $873,997 | SubstantialContributorsTotAmt |
| Public Support Total170 | $13,047,774 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $146,194 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $106,170 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $164,931 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $121,691 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $422,126 | CurrentTaxYearAmt |
| Total | $961,112 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $981 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $427 | CurrentTaxYearMinus3YearsAmt |
| Total | $1,408 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $14,884,291 | TotalSupportAmt |
| Public Support CY170 | 0.87660 | PublicSupportCY170Pct |
| Public Support PY170 | 0.92850 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | OTHER INCOME - 2019 AMOUNT: $ 981. 2020 AMOUNT: $ 427. |
| SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: | DESCRIPTION: ACADEMIC SCHOLARSHIPS DATE: 07/31/22 AMOUNT: 18148888. DESCRIPTION: ACADEMIC SCHOLARSHIPS DATE: 07/31/23 AMOUNT: 390079. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,521,227 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,897,775 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $5,419,002 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,632,280 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $888,947 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,521,227 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,233,115 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$600,835 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,632,280 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,284,781 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $948,334 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,233,115 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,021,947 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $262,834 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,284,781 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.98155 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.01845 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $34,998 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,443 | DepreciationAmt |
| Book Value | $15,555 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $15,555 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| MS ACCOUNT X7732 POST MODERN FID | $3,984,459 | F |
| MS ACCOUNT X8163 PRIVATE CREDIT AND EQUITY FUNDS | $2,048,565 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $6,033,024 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,680,749 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,385,378 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $1,385,378 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,295,371 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $68,844 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $68,844 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,364,215 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,976,597 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $25,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $25,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,951,597 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $68,844 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $68,844 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,020,441 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT CONSISTS OF A DONOR DESIGNATED FUND AND A BOARD DESIGNATED FUND THAT WERE ESTABLISHED TO PROVIDE A CONTINUOUS INCOME STREAM TO SUPPORT THE ORGANIZATION'S OPERATIONS. |
| PART X, LINE 2: | FSF RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT FSF HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. FSF IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO JULY 31, 2021. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | WRITE-OFF OF BAD DEBT EXPENSE 25,000. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOIRA ARIEV | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 EAST 86TH ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10028 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | DEVELOPMENT COMMUNICATIONS STRATEGY SUPPORT | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $71,750 | RetainedByContractorAmt |
| Net To Organization | -$71,750 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $71,750 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$71,750 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA | Event1Nm |
| Gross Receipts Event1 | $1,921,372 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,786,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $135,372 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $419,551 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $117,492 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $5,000 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $382,150 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,921,372 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,786,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $135,372 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $419,551 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $117,492 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $5,000 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $382,150 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $924,193 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$788,821 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIPS AND TRAVEL REIMBURSEMENT | 159 | $1,579,577 |
| ACCELERATOR GRANT | 1 | $50,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FULL-TIME STUDENTS ENROLLED AT ONE OF 74 MEMBER SCHOOLS LISTED ON THE FSF WEBSITE WHO ARE PURSUING CAREERS IN THE FASHION INDUSTRY ARE ELIGIBLE TO RECEIVE SCHOLARSHIPS. IN ADDITION, FULL-TIME, UNDERGRADUATE STUDENTS FROM SCHOOLS THAT ARE NOT FSF MEMBER SCHOOLS, BUT WHO OTHERWISE MEET THE FSF SCHOLARSHIP ELIGIBILITY REQUIREMENTS, MAY COMPETE FOR THE FSF AND VIRGIL ABLOH "POST-MODERN" SCHOLARSHIPS. THE SCHOLARSHIPS ARE REMITTED TO THE STUDENTS. A LETTER ACCOMPANIES THE AWARD ANNOUNCEMENT NOTIFYING THE STUDENT AND THE RESPECTIVE FACULTY MEMBER FROM THE STUDENT'S SCHOOL OF HOW THE MONEY IS TO BE USED. ACADEMIC PERFORMANCE OF SCHOLARSHIP RECIPIENTS IS MONITORED FOR ELIGIBILITY. APPLICATIONS ARE EVALUATED BY A PANEL OF INDUSTRY LEADERS. THE GRANT IS AWARDED TO THE RECIPIENT EQUITY-FREE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PETER ARNOLD | ||||||||||||||
| EXECUTIVE DIRECTOR, SECRETARY | $319,413 | $0 | $142,000 | $0 | $0 | $0 | $0 | $0 | $34,196 | $0 | $495,609 | $0 | $0 | $0 |
| MARIE COLLETTA | ||||||||||||||
| DIRECTOR OF ED PROGRAMS | $137,459 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25,616 | $0 | $163,075 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | EXECUTIVE DIRECTOR, PETER ARNOLD RECEIVED A PERFORMANCE BASED BONUS WITHIN THE APPROVED BUDGET, AS REPORTED ON SCHEDULE J, PART II, COLUMN B(II) AND INCLUDED ON FORM 990, PART VII, COLUMN (D). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM BASED ON DATA PROVIDED BY THE ORGANIZATION, AND IS REVIEWED BY THE ORGANIZATION'S TREASURER AND EXECUTIVE DIRECTOR. A COMPLETE COPY OF FORM 990 WAS ELECTRONICALLY PROVIDED TO THE FULL BOARD PRIOR TO THE FILING WITH IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH REQUIRES MEMBERS OF THE BOARD OF GOVERNORS, OFFICERS AND EMPLOYEES TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST WITH THE GOVERNING BOARD. CONFLICTS ARE REVIEWED BY THE GOVERNANCE COMMITTEE OF THE BOARD AND THE PERSON WITH THE CONFLICT IS NOT PERMITTED TO BE PRESENT OR PARTICIPATE IN THE DELIBERATIONS OR VOTING. ON AN ANNUAL BASIS, EACH GOVERNOR IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT, DISCLOSING ANY POTENTIAL CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AFTER A THOROUGH REVIEW PROCESS AGAINST MEASURABLE GOALS. THE COMMITTEE UTILIZES COMPENSATION DATA FROM SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS TO DETERMINE COMPENSATION. THE MEETINGS OF THE EXECUTIVE COMMITTEE OF THE BOARD ARE CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST COMPLETED IN 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG AND SIMILAR TYPES OF WEBSITES. |
| FORM 990, PART XI, LINE 9: | WRITE-OFF OF BAD DEBT EXPENSE -25,000. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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