EIN 32-0081843

Foundation for Italian Art and Culture

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2004
Most recent tax filings
2023-12-01
Description
Foundation for Italian Art and Culture spreads Italian culture in the United States through organizing exhibitions, shows, displays of paintings, sculptures, and other visual arts. Additionally, they promote the restoration of works of art in Italy to preserve and promote Italian culture. They continue to establish new partnerships and programs for the future, including restoring the Umberto Boccioni sculpture "Dynamism of a Speeding House + Horses" at Peggy Guggenheim Museum in Venice in 2023. The Foundation is located in New York, NY.
Also known as...
Acp Inc
Total revenues
$276,932
2023
Total expenses
$200,395
2023
Total assets
$599,757
2023
Num. employees
0
2023

Program areas at Foundation for Italian Art and Culture

Fiac continued to work toward establishing new partnerships and programs for the future. The board of directors appointed dott.ssa francesca cappelletti, director of the borghese gallery as the newest member of the scientific board. On wednesday, january 18, 2023, the board of directors held their annual meeting at 6pm and hosted the 2022 fiac excellency awards ceremony and dinner at the tennis and racquet club to honor award winner: ann pasternak, director, brooklyn museum. The board appointed francesca bodini as its newest board member. Fiac supported the restoration of the umberto boccioni sculpture, dynamism of a speeding house + horses, 1915 at the peggy guggenheim museum in venice, in 2023.fiac helped sponsor opera italiana at st. bartholomew's church on park avenue, a free concert held on june 26, 2023 in new york. Fiac reached out and established relationships with newly appointed museum directors, in italy in the fall of 2023.fiac prepared and planned for the 2023 fiac excellency awards ceremony dinner to be held at the tennis and racquet club in march 2024. Fiac worked closed with the gallerie dell' accademia in venice to plan for the restoration and the upcoming exhibition of several tintoretto pictures in the us.

Who funds Foundation for Italian Art and Culture

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Alexander Bodini FoundationGeneral Support and Opera Italiana Is in the Air$50,000
Acquavella Family FoundationGeneral Purpose$25,000
Jewish Communal FundIn Furtherance of Grantee's Tax-Exempt Purpose$25,000
...and 2 more grants received

Financials for Foundation for Italian Art and Culture

RevenuesFYE 12/2023
Total grants, contributions, etc.$261,600
Program services$0
Investment income and dividends$15,332
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$276,932

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Data update history
March 22, 2025
Received grants
Identified 2 new grant, including a grant for $50,000 from Alexander Bodini Foundation
January 23, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 11, 2025
Updated personnel
Identified 1 new personnel
July 15, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Acquavella Family Foundation
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Massimo and Chiara Ferragamo Family Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
112 E 71st St 1B
New York, NY 10021
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
fiacfoundation.org/ 
Phone
(212) 980-1755
IRS details
EIN
32-0081843
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A23: Cultural, Ethnic Awareness
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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