Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “1. specifically to promote interest in contemporary art,design,architecture and sciences. 2. in furtherance of the above to make contribution of funds to non profit and charitable organizations in the united states and italy, which is dedicated in the development of contemporary artists. 3. to provide grants for research,solicit and collect funds and engage in activities, such as the holding of symposia and informational gatherings for prospective contemporary artists interested in departing from their previous endeavors or predecessors, in order to cultivate, develop and further the knowledge and awareness of non profit and charitable organizations in the united states and italy. 4. to identify strong contemporary artists in the united states and italy for possible enrollment in residency programs. 5. to raise, receive and maintain a fund or funds for, and allocate and apply the principal and income there of for the advancement of the purposes described above”.

When detailing its responsibilities, they were listed as: “1. specifically to promote interest in contemporary art, design, architecture and sciences. 2. in furtherance of the above to make contribution of funds to nonprofit and charitable organizations in the united states and italy, which is dedicated in the development of contemporary artists. 3. to provide grants for research, solicit and collect funds and engage in activities, such as the holding of symposia and informational gatherings for prospective contemporary artists interested in departing from their previous endeavors or predecessors, in order to cultivate, develop and further the knowledge and awareness of nonprofit and charitable organizations in the united states and italy. 4. to identify strong contemporary artists in the united states and italy for possible enrollment in residency programs. 5 to raise, receive and maintain a fund or funds for, and allocate and apply the principal and income thereof for the advancement of the purposes described above.”.

• The state in which the non-profit is legally permitted to operate is DE.
• The address of the non-profit for 2020 according to the filing is 29517 HARVESTER ROAD, MALIBU, CA, 902653815.
• The number of employees reported by the non-profit on their form as of 2020 is 0.
• Does not operate a hospital.
• Does not operate a school.
• Collects art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are between $250,000 and $500,000.
• Revenue is less than $100,000.
• Revenue less expenses is -$156,470.
• The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 3 independent voting members.
• The organization was formed in 2013.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule O.
• The organization pays $0 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.