2015-06-29T14:07:08-05:00 2014-12-31 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2014-01-01 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 2015-06-25 1 CHRIS BELLANDO P00541714 2126972299 2014 2016-04-25 22:37:26Z ANGIE LO 460 PARK AVENUE 11TH FLOOR NEW YORK NY 10022 209733 0 X WWW.FIACFOUNDATION.ORG X 2004 NY TO SPREAD ITALIAN CULTURE IN THE UNITED STATES. 14 14 0 14 0 0 190220 209698 0 0 40 35 0 0 190260 209733 0 0 0 0 0 59000 0 0 4110 214391 145625 214391 204625 -24131 5108 342437 322545 32000 7000 310437 315545 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 196405 IN 2014, FIAC CELEBRATED "PIERO DELLA FRANCESCA: PERSONAL ENCOUNTERS" AT THE METROPOLITAN MUSEUM OF ART FROM JANUARY 13, 2014 THROUGH MARCH 30, 2014. IN CONJUNCTION WITH THE OPENING AT THE MET, THE BOARD HOSTED A SPECIAL TOUR, FOLLOWED BY A DINNER AT THE TENNIS AND RACQUET CLUB. THE DINNER SIMULTANEOUSLY HONORED EXCELLENCY AWARD WINNERS: DANIELA PORRO AND COLIN BAILEY.FIAC ALSO CELEBRATED "THE POETRY OF PARMIGIANINO'S SCHIAVA TURCA" FROM THE NATIONAL GALLERY IN PARMA. IT EXHIBITED AT THE FRICK COLLECTION, NEW YORK FROM MAY 13 - JULY 20, 2014 AND AT THE FINE ARTS MUSEUMS OF SAN FRANCISCO DE YOUNG/LEGION OF HONOR FROM JULY 26 - OCTOBER 5, 2014. (CONTINUES ON SCHEDULE O)FIAC PLANNED AND ORGANIZED FOR ITS UPCOMING EXHIBITION OF RAPHAEL'S "PORTRAIT OF A LADY AND A UNICORN" FROM THE BORGHESE GALLERY IN ROME. IT WILL BE EXHIBITED AT THE CINCINNATI ART MUSEUM AND THE FINE ARTS MUSEUMS OF SAN FRANCISCO IN 2015.FIAC PLANNED AND ORGANIZED FOR ITS 2014 EXCELLENCY AWARDS, HELD IN JANUARY 2015. 196405 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 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 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 DANIELE BODINI CHAIRMAN 1.00 X X 0 0 0 OLIVIA D'APPONTE SECRETARY/MANAGING DIRECTOR 20.00 X X 59000 0 0 ANGIE LO TREASURER 1.00 X X 0 0 0 WILLIAM ACQUAVELLA DIRECTOR 1.00 X 0 0 0 TERRY ALLEN KRAMER DIRECTOR 1.00 X 0 0 0 RAYMOND AVANSINO DIRECTOR 1.00 X 0 0 0 LORENZO BINI-SMAGHI DIRECTOR 1.00 X 0 0 0 CLAUDIO BISOGNIERO 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 JOSEPH PERELLA DIRECTOR 1.00 X 0 0 0 GIULIANO URBANI DIRECTOR 1.00 X 0 0 0 SERGIO VENTO DIRECTOR 1.00 X 0 0 0 59000 0 0 0 0 0 0 0 209698 209698 35 35 209733 0 0 35 59000 53100 2950 2950 80 72 4 4 1000 900 50 50 11398 10426 486 486 21103 20745 179 179 7361 6625 368 368 DIRECT PROGRAM COSTS 89759 89759 DINNER EVENT 13457 13457 WEBSITE 1044 940 52 52 MISCELLANEOUS EXPENSES 254 228 13 13 169 153 8 8 204625 196405 4110 4110 339925 319919 2512 2626 16271 16271 0 0 342437 322545 7000 7000 25000 32000 7000 X 310437 300545 0 15000 310437 315545 342437 322545 5108 0 X 0 0 0 X 180000 235000 189698 190220 209698 1004616 180000 235000 189698 190220 209698 1004616 659055 345561 508 29 35 40 35 647 1005263 0.34380 0.39100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8158 8158 0 8113 8113 0 0 FORM 990, PART VI, SECTION B, LINE 11 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.