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AMERICAN FRIENDS OF THE ART FUND
NEW YORK, NY · EIN 061797076 · Form 990 · FY2024 · NTEE A12 · Arts, Culture & Humanities · Small ($100K-$1M)
revenue
$152K
expenses
$1.1M
net assets
$90K
employees
0
program ratio
92%
mission · from form 990

AMERICAN FRIENDS OF THE ART FUND ("AFAF") IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

profile · synthesized from sources

AMERICAN FRIENDS OF THE ART FUND (AFAF) is a U.S.-based nonprofit that supports the preservation and appreciation of art through grants to cultural institutions in the United Kingdom. It funds exhibitions, acquisitions, and educational initiatives at museums and art organizations, primarily in England. AFAF operates exclusively for charitable and educational purposes under Section 501(c)(3).

irs program accomplishments · form 990 part iii · fy2021

What they reported doing

  1. #1 primary $25K
    In furtherance of its exempt purposes, the American Friends of the Art Fund encourages the appreciation and enjoyment of art by supporting the charitable and educational activities of the Art Fund (a charitable organization located in London, England, operating under the award of a Royal Charter and registered as a charity in the United Kingdom) as well as museums and other art-supporting organizations. The grant to The Hepworth Wakefield ("Hepworth") was made to help fund the costs of Hepworth's upcoming exhibition, Barbara Hepworth: Art & Life.
  2. #2 $350K
    In furtherance of its exempt purposes, the American Friends of the Art Fund encourages the appreciation and enjoyment of art by supporting the charitable and educational activities of the Art Fund (a charitable organization located in London, England, operating under the award of a Royal Charter and registered as a charity in the United Kingdom) as well as museums and other art-supporting organizations. The grant to York Museums Trust (the "Trust") was made towards the Trust's acquisition of the Ryedale Hoard, an assemblage of Roman artifacts found at Ryedale, North Yorkshire, England.
named programs · 2 · from sources

What they call their work

Barbara Hepworth: Art & Life Exhibition Support
Provided funding to The Hepworth Wakefield for the exhibition exploring the life and work of sculptor Barbara Hepworth
Ryedale Hoard Acquisition Support
Granted support to York Museums Trust for the acquisition of the Ryedale Hoard, a collection of Roman artifacts discovered in North Yorkshire, England
activities · 1 group

What they do

  • Art Museum Funding and Support 2 activities
    • Funding acquisitions of cultural artifacts by museums
      Funds acquisitions of cultural artifacts by museums, including support for York Museums Trust's acquisition of the Ryedale Hoard.
    • Funding exhibitions at art museums
      Funds exhibitions at art museums, including support for The Hepworth Wakefield's exhibition Barbara Hepworth: Art & Life.
financials · form 990 · fy2024
revenue
Total revenue$152K
Contributions & grants$150K98%
Program service revenue$00%
Investment income$3K2%
Other revenue$0
expenses
Total expenses$1.12M
Program expenses92%
Admin / overhead8%
Fundraising0%
Salaries & benefits$0
Grants paid out$1.03M
Largest expense lineProfessional Fees
balance sheet
Total assets$90K
Cash$90K
Investments$0
Liabilities$0
Net assets$90K
Liquid reserves1.0 mo
4 years on record · 2020–2024 · YoY revenue -83.5%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • JENNIFER WALDMAN — SECRETARY
  • MARINA A BEZRUKOVA — PRESIDENT/TREASURER
  • SAMUEL SACHS II — DIRECTOR
relationships · 3

Who they work with

  • Art Fund Network — UK-based charitable organization supported by American Friends of the Art Fund to advance art appreciation and education.
  • The Hepworth Wakefield Partner — Recipient of a grant to support the exhibition Barbara Hepworth: Art & Life.
  • York Museums Trust Partner — Recipient of a grant to support the acquisition of the Ryedale Hoard.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.