MAGNUM CULTURAL FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MAGNUM CULTURAL FOUNDATION (EIN 45-0573269)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202533219349301648
Schema version
2024v5.2
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)
Return2025-11-17T05:52:32-08:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 AVE 2ND FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-11-17SignatureDt
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
Preparation2025-11-17PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$1,444,330GrossReceiptsAmt
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 Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers1TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,152,188PYContributionsGrantsAmt
CY Contributions Grants$1,276,982CYContributionsGrantsAmt
CY Program Service Revenue$16,250CYProgramServiceRevenueAmt
PY Investment Income$3,154PYInvestmentIncomeAmt
CY Investment Income$1,112CYInvestmentIncomeAmt
PY Other Revenue$22,524PYOtherRevenueAmt
CY Other Revenue$21,844CYOtherRevenueAmt
PY Total Revenue$1,177,866PYTotalRevenueAmt
CY Total Revenue$1,316,188CYTotalRevenueAmt
PY Grants And Similar Paid$323,747PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$374,669CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$632,185PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$699,324CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$101,800PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$71,600CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$297,019CYTotalFundraisingExpenseAmt
PY Other Expenses$707,001PYOtherExpensesAmt
CY Other Expenses$755,529CYOtherExpensesAmt
PY Total Expenses$1,764,733PYTotalExpensesAmt
CY Total Expenses$1,901,122CYTotalExpensesAmt
PY Revenues Less Expenses-$586,867PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$584,934CYRevenuesLessExpensesAmt
Total Assets BOY$4,693,801TotalAssetsBOYAmt
Total Assets EOY$4,067,586TotalAssetsEOYAmt
Total Liabilities BOY$146,189TotalLiabilitiesBOYAmt
Total Liabilities EOY$68,648TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,547,612NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,998,938NetAssetsOrFundBalancesEOYAmt
MissionMENTOR THE NEXT GENERATION OF PHOTOGRAPHERS AND HAVE IMPACT ON HISTORICAL/CONTEMPORARY PHOTOGRAPHYMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,312,275ExpenseAmt
Grant$374,669GrantAmt
Revenue$16,250RevenueAmt
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$1,312,275TotalProgramServiceExpensesAmt
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 RequiredYes (true)ScheduleJRequiredInd
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 Document32IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee12EmployeeCnt
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 Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
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)$154,413$0$5,404
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)
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)
PETER VAN AGTMAEL
DIRECTOR0.50$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$154,413TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$5,404TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$155,480GovernmentGrantsAmt
All Other Contributions$1,121,502AllOtherContributionsAmt
Noncash Contributions$95,134NoncashContributionsAmt
Total Contributions$1,276,982TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONTRACTED SERVICESDesc
Business900099BusinessCd
Total Revenue Column$16,250TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$16,250TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$958TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$958ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$4,150RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$4,150RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,150TotalRevenueColumnAmt
Exclusion$4,150ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$128,296SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$128,142SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$154SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$154TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$154ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
MISCALLENEOUS INCOME900099$9,689$9,689$0$0
FISCAL SPONSORSHIP FEES900099$8,005$8,005$0$0
FieldValueIRS element (for citing)
Other Revenue Total$17,694OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,316,188TotalRevenueColumnAmt
Related Or Exempt Func Income$33,944RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$5,262ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$29,700TotalAmt
Program Services$29,700ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$206,881TotalAmt
Program Services$206,881ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$138,088TotalAmt
Program Services$138,088ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$154,413TotalAmt
Program Services$61,765ProgramServicesAmt
Management And General$46,324ManagementAndGeneralAmt
Fundraising$46,324FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$441,106TotalAmt
Program Services$258,066ProgramServicesAmt
Management And General$72,883ManagementAndGeneralAmt
Fundraising$110,157FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$17,999TotalAmt
Program Services$9,667ProgramServicesAmt
Management And General$3,603ManagementAndGeneralAmt
Fundraising$4,729FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$40,246TotalAmt
Program Services$21,615ProgramServicesAmt
Management And General$8,056ManagementAndGeneralAmt
Fundraising$10,575FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$45,560TotalAmt
Program Services$24,468ProgramServicesAmt
Management And General$9,120ManagementAndGeneralAmt
Fundraising$11,972FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$425TotalAmt
Program Services$0ProgramServicesAmt
Management And General$425ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$93,412TotalAmt
Program Services$0ProgramServicesAmt
Management And General$93,412ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$71,600TotalAmt
Fundraising$71,600FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$316,339TotalAmt
Program Services$293,118ProgramServicesAmt
Management And General$7,625ManagementAndGeneralAmt
Fundraising$15,596FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,390TotalAmt
Program Services$2,959ProgramServicesAmt
Management And General$634ManagementAndGeneralAmt
Fundraising$797FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$57,639TotalAmt
Program Services$39,340ProgramServicesAmt
Management And General$12,582ManagementAndGeneralAmt
Fundraising$5,717FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$17,954TotalAmt
Program Services$10,886ProgramServicesAmt
Management And General$3,422ManagementAndGeneralAmt
Fundraising$3,646FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$125,689TotalAmt
Program Services$119,332ProgramServicesAmt
Management And General$6,310ManagementAndGeneralAmt
Fundraising$47FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$38,074TotalAmt
Program Services$20,483ProgramServicesAmt
Management And General$7,794ManagementAndGeneralAmt
Fundraising$9,797FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,463TotalAmt
Program Services$5,103ProgramServicesAmt
Management And General$1,932ManagementAndGeneralAmt
Fundraising$2,428FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STORAGE FEES$20,780$17,632$3,148$0
TELECOMMUNICATIONS$18,889$12,985$2,616$3,288
LODGING AND MEALS$31,026$30,676$350$0
CATERING AND HOSPITALITY$12,159$8,788$3,371$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,290TotalAmt
Program Services$723ProgramServicesAmt
Management And General$8,221ManagementAndGeneralAmt
Fundraising$346FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,901,122TotalAmt
Program Services$1,312,275ProgramServicesAmt
Management And General$291,828ManagementAndGeneralAmt
Fundraising$297,019FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,126,709BOYAmt
EOY$1,637,983EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$879,490BOYAmt
EOY$879,665EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$546,736BOYAmt
EOY$471,347EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$34,526BOYAmt
EOY$12,741EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$854,905LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$96,615LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$793,018BOYAmt
EOY$758,290EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$48,922BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$264,400BOYAmt
EOY$307,560EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,693,801BOYAmt
EOY$4,067,586EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$123,669BOYAmt
EOY$66,148EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$22,520BOYAmt
EOY$2,500EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$146,189BOYAmt
EOY$68,648EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,911,280BOYAmt
EOY$3,519,438EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$636,332BOYAmt
EOY$479,500EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,547,612BOYAmt
EOY$3,998,938EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,693,801BOYAmt
EOY$4,067,586EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$584,934ReconcilationRevenueExpnssAmt
Prior Period Adjustments$36,260PriorPeriodAdjustmentsAmt
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$1,023,468CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,035,781CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,625,042CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,152,188CurrentTaxYearMinus1YearAmt
Current Tax Year$1,276,982CurrentTaxYearAmt
Total$8,113,461TotalAmt

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$1,023,468CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,035,781CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,625,042CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,152,188CurrentTaxYearMinus1YearAmt
Current Tax Year$1,276,982CurrentTaxYearAmt
Total$8,113,461TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,250,753SubstantialContributorsTotAmt
Public Support Total170$4,862,708PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$28,117CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,187CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,392CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,354CurrentTaxYearMinus1YearAmt
Current Tax Year$5,262CurrentTaxYearAmt
Total$67,312TotalAmt

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$8,180,773TotalSupportAmt
Gross Receipts Rltd Activities$153,514GrossReceiptsRltdActivitiesAmt
Public Support CY1700.59440PublicSupportCY170Pct
Public Support PY1700.50120PublicSupportPY170Pct
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

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$121,900OtherCostOrOtherBasisAmt
Depreciation$18,175DepreciationAmt
Book Value$103,725BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,944OtherCostOrOtherBasisAmt
Depreciation$12,710DepreciationAmt
Book Value$2,234BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$151,261OtherCostOrOtherBasisAmt
Depreciation$65,730DepreciationAmt
Book Value$85,531BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$758,290TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
PRINT COLLECTIONS$0
WORKS OF ART$307,560
FieldValueIRS element (for citing)
Total Book Value Other Assets$307,560TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,335,971TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$19,783DonatedServicesAndUseFcltsAmt
Revenue Not Reported$19,783RevenueNotReportedAmt
Revenue Subtotal$1,316,188RevenueSubtotalAmt
Total Revenue Per Form990$1,316,188TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,920,905TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$19,783DonatedServicesUseFcltsAmt
Expenses Not Reported$19,783ExpensesNotReportedAmt
Expenses Subtotal$1,901,122ExpensesSubtotalAmt
Total Expenses Per Form990$1,901,122TotalExpensesPerForm990Amt

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, 2024, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY.
Pt III, Line 4WORKS OF ART 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 East00GrantmakingIn support of photographic projects$8,219
Sub-Saharan Africa00GrantmakingIn support of photographic projects$13,400
South Asia00GrantmakingIn support of photographic projects$13,400
Central America00GrantmakingIn support of photographic projects$5,000
Europe00GrantmakingIn support of photographic projects$14,969
North America00GrantmakingIn support of photographic projects$27,800
South America00GrantmakingIn support of photographic projects$50,300
East Asia and Pacific00GrantmakingIn support of photographic projects$5,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$138,088SubtotalSpentAmt
Total Spent$138,088TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
Photo project supportNorth America4$27,800Wire
Photo project supportCentral America1$5,000Wire
Photo project supportEast Asia and Pacific1$5,000Wire
Photo project supportEurope4$14,969Wire
Photo project supportMiddle East2$8,219Wire
Photo project supportSouth America10$50,300Wire
Photo project supportSouth Asia3$13,400Wire
Photo project supportSub-Saharan Africa3$13,400Wire
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 TULIP AVENUE FLORAL PARK NYBusinessNameLine1Txt
FieldValueIRS element (for citing)
ActivityFUNDRAISING COUNSELActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Gross Receipts$49,500GrossReceiptsAmt
Retained By Contractor$71,600RetainedByContractorAmt
Net To Organization-$22,100NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$49,500TotalGrossReceiptsAmt
Total Retained By Contractors$71,600TotalRetainedByContractorsAmt
Total Net To Organization-$22,100TotalNetToOrganizationAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Visual Arts FoundationBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1209 East 23rd StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10010ZIPCd
FieldValueIRS element (for citing)
Recipient EIN136261473RecipientEIN
Cash Grant$25,000CashGrantAmt
Purpose Of GrantPHOTOGRAPHERS EDUCATIONPurposeOfGrantTxt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFellowship GrantsGrantTypeTxt
Recipient13RecipientCnt
Cash Grant$206,881CashGrantAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKRISTEN LUBBENPersonNm
Base Compensation Filing Org$145,149BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$9,264OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$5,404NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$159,817TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$14,800NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$1,114NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$79,220NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
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 FEES 127583. 127583. 0. 0.
Form 990, Part IX, Line 11gOTHER OUTSIDE CONTRACTORS 188756. 165535. 7625. 15596.

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