Overview

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Closed

This organization closed in 2024. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

2013

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

The Center for Italian Modern Art Inc is a nonprofit organization dedicated to promoting the study and public appreciation of modern and contemporary Italian art, focusing on arts education and cultural awareness. With an operating budget of $868.4K and total revenue of $876.3K for the 2024 filing year, the organization benefits from diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website, www.italianmodernart.org.

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Mission Statement

PROMOTE THE STUDY OF MODERN & CONTEMPORARY ITALIAN ART & ADVANCE PUBLIC APPRECIATION OF THIS ART.

Cause Areas

2
Cultural awareness
Arts education
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Financials

2024
Revenues
$876.3K
Expenses
$905.9K
Net Income:
-$29.7K
Assets
$0
Liabilities
$0
Net Assets:
+$0

Financial Trends

2024
Operating Budget
$868.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
THE RUTH STANTON FOUNDATION
NEW YORK, NY, US
$300K
1%
THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS INC
New York, NY, US
$60K
< 1%
KASSERMOCHARY FAMILY FOUND CORP
MONTCLAIR, NJ, US
$10K
22%

Grants Received

2024
Total No. of Grants
3
Median grant size
$50K
Largest grant received
$60K

Board & Team

N
Nicola Lucchi
Board Member
N
Neil Printz
Board Member
D
David Leiber
Board Member

Frequently Asked Questions

What is CENTER FOR ITALIAN MODERN ART INC’s budget?
In 2024, CENTER FOR ITALIAN MODERN ART INC reported an annual operating budget of around $868 thousand. More detailed financial information is available to registered users.
What causes does CENTER FOR ITALIAN MODERN ART INC support?
CENTER FOR ITALIAN MODERN ART INC supports work in Cultural awareness and Arts education.
Where does CENTER FOR ITALIAN MODERN ART INC operate?
CENTER FOR ITALIAN MODERN ART INC is headquartered in NEW YORK, NY.
Who funded CENTER FOR ITALIAN MODERN ART INC recently?
In 2024, CENTER FOR ITALIAN MODERN ART INC received grants from THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS INC, THE RUTH STANTON FOUNDATION, and MARIO P AND BIANCA C BORINI FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CENTER FOR ITALIAN MODERN ART INC received in 2024?
The largest grant to CENTER FOR ITALIAN MODERN ART INC in 2024 exceeds $60 thousand.