2019-11-05T15:23:09-06:00 2018-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2018-01-01 320081843 FOUNDATION FOR ITALIAN ART AND CULTURE- C/O AMERICAN CONTINENTAL PROPERTIES LLC FOUN 2129801755 460 PARK AVENUE 11TH FLOOR NEW YORK NY 10022 ANGIE LO TREASURER 2129801755 2019-10-23 1 CHRIS BELLANDO P00541714 2126972299 38.142.140.186 2019-10-23 17:20:04 ED P 7EE24DDEAA34AFAE9DF92C3D2672F42BD3DA974D 5C2ECE50080656B913DA8B0FCF03D364AF8729F1 2018 2020-03-31 21:24:44Z ANGIE LO 460 PARK AVENUE 11TH FLOOR NEW YORK NY 10022 248681 0 X WWW.FIACFOUNDATION.ORG X 2004 NY TO SPREAD ITALIAN CULTURE IN THE UNITED STATES. 14 13 0 0 0 0 235556 242735 0 0 45 5946 0 0 235601 248681 0 0 0 0 64993 64993 0 0 4210 143916 179286 208909 244279 26692 4402 442983 436552 23249 12416 419734 424136 X TO SPREAD ITALIAN CULTURE IN UNITED STATES BY ORGANIZING EXHIBITIONS, SHOWS, DISPLAYS OF PAITNTINGS, SCULPTURES AND OTHER VISUAL ARTS IN THE UNITED STATES AND PROMOTING THE RESTORATION OF WORKS OF ART IN ITALY IN ORDER TO PRESERVE AND PROMOTE ITALIAN CULTURE. 0 0 235859 ON MARCH 22, 2018, FIAC HOSTED THE 2017 FIAC EXCELLENCY AWARDS CEREMONY AND DINNER AT THE TENNIS AND RACQUET CLUB TO HONOR AWARD WINNERS: DR. PAOLA MARINI DIRECTOR, GALLERIE DELL'ACCADEMIA, VENICE, AND DR. IAN WARDROPPER DIRECTOR, THE FRICK COLLECTION, NEW YORK. THE EVENT FOLLOWED THE ANNUAL MEETING OF THE FIAC BOARD MEMBERS. FIAC CELEBRATED THE OPENING OF CAGNACCI'S CLEOPATRA AT THE CINCINNATI ART MUSEUM, OHIO ON MARCH 21, 2018. THE SHOW RAN FROM MARCH 21 - JULY 22, 2018. FIAC COLLABORATED ON OPERA ITALIANA IN CENTRAL PARK IN THE NAUMBERG BANDSHELL IN CENTRAL PARK ON JULY 2, 2018.FIAC WORKED WITH THE MORGAN LIBRARY, NEW YORK AND THE PAUL J. GETTY MUSEUM, CALIFORNIA TO PLAN FOR PONTORMO: MIRACULOUS ENCOUNTERS TO BE SHOWN IN SEPTEMBER 2018 AND 2019 AT THE RESPECTIVE INSTITUTIONS. FIAC WORKED WITH THE CINCINNATI ART MUSEUM, OHIO, THE WADSWORTH ATHENEUM, CONNECTICUT AND THE GALLERIE DELL'ACCADEMIA, VENICE TO PLAN FOR AN EXHIBIT OF GIORGIONE'S LA VECCHIA FOR FEBRUARY 2019. FIAC CONTINUED TO STRENGTHEN RELATIONSHIPS WITH MUSEUM DIRECTORS AND CURATORS IN ITALY AND THE UNITED STATES. FIAC PLANNED FOR EXHIBITS ON PONTORMO AND GIORGIONE IN 2019. FIAC PLANNED AND ORGANIZED FOR ITS 2018 EXCELLENCY AWARDS, TO BE HELD IN MARCH 2019. 235859 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 1 0 NY X THE ORGANIZATION 2129801755 460 PARK AVENUE 11TH FLOOR NEW YORK NY 10022 ALAIN ELKANN PRESIDENT 1.00 X X 0 0 0 AMB DANIELE BODINI CHAIRMAN 1.00 X X 0 0 0 ANGIE LO TREASURER 1.00 X X 0 0 0 OLIVIA D'APONTE SECRETARY 20.00 X X 64992 0 0 PROF GIULIANO URBANI DIRECTOR 1.00 X 0 0 0 WILLIAM B ACQUAVELLA DIRECTOR 1.00 X 0 0 0 TERRY ALLEN KRAMER DIRECTOR 1.00 X 0 0 0 JOSEPH PERELLA DIRECTOR 1.00 X 0 0 0 JOHN DYSON DIRECTOR 1.00 X 0 0 0 MASSIMO FERRAGAMO DIRECTOR 1.00 X 0 0 0 MARIO GABELLI DIRECTOR 1.00 X 0 0 0 LORENZO BINI-SMAGHI DIRECTOR 1.00 X 0 0 0 AMB ARMANDO VARRICCHIO DIRECTOR 1.00 X 0 0 0 AMB SERGIO VENTO DIRECTOR 1.00 X 0 0 0 64992 0 0 0 0 0 0 0 242735 242735 5946 5946 248681 0 0 5946 64993 58493 3250 3250 86 78 4 4 2472 2224 124 124 4641 4177 232 232 1120 1008 56 56 22011 21503 254 254 3165 2849 158 158 DIRECT PROGRAM EXPENSES 138000 138000 DINNER EVENT 5148 5148 WEBSITE 2477 2229 124 124 MISCELLANEOUS 147 133 7 7 19 17 1 1 244279 235859 4210 4210 437427 436552 5556 16270 16270 0 0 442983 436552 23249 12416 23249 12416 X 419734 424136 419734 424136 442983 436552 4402 0 X 0 0 0 X 209698 190916 225000 235556 242735 1103905 209698 190916 225000 235556 242735 1103905 794889 309016 35 41 46 45 5946 6113 1110018 0.27840 0.29490 X FOUNDATION FOR ITALIAN ART AND CULTURE'S PERCENTAGE OF PUBLIC SUPPORT IS 27.84% HOWEVER, FOUNDATION FOR ITALIAN ART AND CULTURE'S PUBLIC SUPPORT IS MORE THAN 10% OF ITS TOTAL SUPPORT. IT HAS A SOLICITATION PLAN FOR ATTRACTING PUBLIC SUPPORT AND HAS A BROAD, REPRESENTATIVE GOVERNING BODY. ITS PROGRAM SERVICES DIRECTLY BENEFIT THE GENERAL PUBLIC. THEREFORE, FOUNDATION FOR ITALIAN ART AND CULTURE QUALIFIES FOR NON-PRIVATE FOUNDATION STATUS UNDER THE FACTS AND CIRCUMSTANCES TEST OF IRC SEC 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16270 16270 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE OF THE BOARD REVIEWS THE 990 PRIOR TO FILING. THE BOARD OF DIRECTORS IS THEN INFORMED THAT THE 990 IS AVAILABLE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 NONE OF THE BOARD MEMBERS NOR OFFICERS ARE COMPENSATED. CURRENTLY, ONLY ONE CONSULTANT IS HIRED WHOSE COMPENSATION IS DETERMINED BY THE CHAIRMAN AND THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.