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
2022-12-01
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
$295,183
2022
Total expenses
$197,344
2022
Total assets
$510,196
2022
Num. employees
0
2022

Program areas at Foundation for Italian Art and Culture

Fiac continued to work toward establishing new partnerships and programs for the future. Fiac agreed to restore the umberto boccioni sculpture, dynamism of a speeding house + horses, 1915 at the peggy guggenheim museum in venice, in 2023.on april 25, 2022, fiac presented Italian masterpieces, a retrospective book which celebrates the exhibitions and programs of the last fifteen years. It took place at the Italian cultural institute and featured a dialogue between alain elkann, president of fiac and prof. fabio finotti, director of the Italian cultural institute. Fiac board members, ny museum directors and many colleagues and friends were in attendance. On wednesday, april 27, the board of directors held their annual meeting at the offices at 112 e. 71st street at 6pm and hosted the 2021 fiac excellency awards ceremony and dinner at the tennis and racquet club to honor award winner: prof. massimo osanna, directorate of Italian museums, italy. In june 2022, olivia d'aponte, fiac's executive director participated in Italian hours and american days of cultural heritage at the imt school for advanced studies in lucca, italy, via zoom, where speakers presented on the topics of us museums, cultural heritage, Art authenticity among others. The participation allowed fiac a new network of cultural heritage experts. Fiac helped sponsor opera italiana at the naumberg bandshell in central park, a free concert held on june 27 , 2022 in new york. Fiac reached out and established relationships with newly appointed cultural ministers in italy in the fall of 2022.fiac prepared and planned for the 2022 fiac excellency awards ceremony dinner to be held at the tennis and racquet club in 2023.

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$69,824
Massimo and Chiara Ferragamo Family FoundationPreserve Italian Heritage, Scholarships$25,000
Jewish Communal FundIn Furtherance of Grantee's Tax-Exempt Purpose$25,000
...and 1 more grant received

Personnel at Foundation for Italian Art and Culture

NameTitleCompensation
Olivia D'AponteExecutive Director$68,700
Angie LoTreasurer$0
Amb Daniele BodiniChairman$0
Alain ElkannPresident$0
Daniele BodiniChairman$0

Financials for Foundation for Italian Art and Culture

RevenuesFYE 12/2022
Total grants, contributions, etc.$289,484
Program services$0
Investment income and dividends$5,699
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$295,183

Form 990s for Foundation for Italian Art and Culture

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-19990View PDF
2021-122022-09-08990View PDF
2020-122021-07-19990View PDF
2019-122021-02-18990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Massimo and Chiara Ferragamo Family Foundation
January 3, 2024
Received grants
Identified 1 new grant, including a grant for $69,824 from Alexander Bodini Foundation
November 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
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
460 Park Ave 11th Floor
New York, NY 10022
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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