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American Foundation For The Courtauld Institute Of Art

  • New York, NY
  • Tax-exempt since Feb. 1986
  • EIN: 13-6296745

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$513k (2022)

Expenses
$1.02M (2022)

Total Assets
$776k (2022)

Total Liabilities
$125k (2022)

Source: Form 990 tax filings from 2010 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$512,818
Expenses
$1,015,056
Net Income
-$502,238
Net Assets
$651,216
Notable Sources of Revenue Percent of Total Revenue
Contributions $512,458
99.9%
Program Services $0
Investment Income $360
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $775,911
Total Liabilities $124,695
Net Assets $651,216
Compensation
Key Employees and Officers Compensation Related Other
David Baum (Director) $0 $0 $0
Veronica Bulgari (Secretary) $0 $0 $0
Mary Herms (Treasurer) $0 $0 $0
Min Jung Kim (President) $0 $0 $0
Helen Lee Warren (Chairman) $0 $0 $0
Faith Pleasanton (Director) $0 $0 $0
Ian Kennedy (Director) $0 $0 $0
John Wilson (Director) $0 $0 $0
Cindy Elden (Director) $0 $0 $0
Marissa S Tracey (Director) $0 $0 $0
John Watson (Director) $0 $0 $0
Edward Dolman Phillips (Director) $0 $0 $0
George White (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 9, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,438,997
Expenses
$1,601,282
Net Income
-$162,285
Net Assets
$1,256,037
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,438,997
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,406,326
Total Liabilities $150,289
Net Assets $1,256,037
Compensation
Key Employees and Officers Compensation Related Other
David Baum (Director) $0 $0 $0
Veronica Bulgari (Secretary) $0 $0 $0
Mary Herms (Treasurer) $0 $0 $0
Min Jung Kim (President) $0 $0 $0
Helen Lee Warren (Chairman) $0 $0 $0
Faith Pleasanton (Director) $0 $0 $0
Ian Kennedy (Director) $0 $0 $0
John Wilson (Director) $0 $0 $0
Cindy Elden (Director) $0 $0 $0
Marissa S Tracey (Director) $0 $0 $0
John Watson (Director) $0 $0 $0
Olivier Berggruen (Director) $0 $0 $0
Edward Dolman Phillips (Director) $0 $0 $0
George White (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 8, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,236,513
Expenses
$571,550
Net Income
$664,963
Net Assets
$1,466,110
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,236,513
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,477,610
Total Liabilities $11,500
Net Assets $1,466,110
Compensation
Key Employees and Officers Compensation Related Other
David Baum (Director) $0 $0 $0
Veronica Bulgari (Secretary) $0 $0 $0
Mary Herms (Treasurer) $0 $0 $0
Min Jung Kim (President) $0 $0 $0
Helen Lee Warren (Chairman) $0 $0 $0
Faith Pleasanton (Director) $0 $0 $0
Ian Kennedy (Director) $0 $0 $0
John Wilson (Director) $0 $0 $0
Cindy Elden (Director) $0 $0 $0
Marissa S Tracey (Director) $0 $0 $0
John Watson (Director) $0 $0 $0
Olivier Berggruen (Director) $0 $0 $0
Edward Dolman Phillips (Director) $0 $0 $0
George White (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 3, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$282,839
Expenses
$1,916,270
Net Income
-$1,633,431
Net Assets
$801,147
Notable Sources of Revenue Percent of Total Revenue
Contributions $276,900
97.9%
Program Services $0
Investment Income $5,939
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $22,500
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $812,147
Total Liabilities $11,000
Net Assets $801,147
Compensation
Key Employees and Officers Compensation Related Other
Rachel Spiegel Gerstein (Former Executive Director) $22,500 $0 $0
David Baum (Director) $0 $0 $0
Veronica Bulgari (Secretary) $0 $0 $0
Mary Herms (Treasurer) $0 $0 $0
Min Jung Kim (President) $0 $0 $0
Helen Lee Warren (Chairman) $0 $0 $0
Faith Pleasanton (Director) $0 $0 $0
Ian Kennedy (Director) $0 $0 $0
John Wilson (Director) $0 $0 $0
Cindy Elden (Director) $0 $0 $0
Marissa S Tracey (Director) $0 $0 $0
John Watson (Director) $0 $0 $0
George White (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 25, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,530,616
Expenses
$2,047,332
Net Income
$1,483,284
Net Assets
$2,408,265
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,530,574
100.0%
Program Services $0
Investment Income $42
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,419,265
Total Liabilities $11,000
Net Assets $2,408,265
Compensation
Key Employees and Officers Compensation Related Other
Rachel Spiegel Gerstein (Executive Director) $30,000 $0 $0
David Baum (Director) $0 $0 $0
Veronica Bulgari (Secretary) $0 $0 $0
Shirley Ferguson Jenks (Director) $0 $0 $0
Mary Herms (Tresurer) $0 $0 $0
Min Jung Kim (President) $0 $0 $0
Helen Lee Warren (Chairman) $0 $0 $0
Faith Pleasanton (Director) $0 $0 $0
Betsy Thomas (Director) $0 $0 $0
Ian Kennedy (Director) $0 $0 $0
Timothy Standring (Director) $0 $0 $0
John Wilson (Director) $0 $0 $0
Elizabeth Breyer (Director) $0 $0 $0
Cindy Elden (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 22, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,179,892
Expenses
$763,482
Net Income
$416,410
Net Assets
$924,981
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,179,765
100.0%
Program Services $0
Investment Income $127
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $934,981
Total Liabilities $10,000
Net Assets $924,981

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$535,604
Expenses
$887,142
Net Income
-$351,538
Net Assets
$508,571
Notable Sources of Revenue Percent of Total Revenue
Contributions $535,438
100.0%
Program Services $0
Investment Income $166
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $576,928
Total Liabilities $68,357
Net Assets $508,571

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$324,536
Expenses
$861,483
Net Income
-$536,947
Net Assets
$909,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $324,420
100.0%
Program Services $0
Investment Income $116
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,039,046
Total Liabilities $129,062
Net Assets $909,984

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,058,040
Expenses
$1,458,056
Net Income
-$400,016
Net Assets
$1,497,024
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,057,720
100.0%
Program Services $0
Investment Income $320
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,635,487
Total Liabilities $138,463
Net Assets $1,497,024
Compensation
Key Employees and Officers Compensation Related Other
Susan R Marks (Executive Director) $30,000 $0 $0
Marco Grassi (President/Director) $0 $0 $0
Veronica Bulgari (Secretary/Director) $0 $0 $0
Walter Liedtke (Vice President/Director) $0 $0 $0
See Attached List Of Directors (Directors) $0 $0 $0
Rachel Stern (Treasurer/Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$636,967
Expenses
$1,243,977
Net Income
-$607,010
Net Assets
$1,976,915
Notable Sources of Revenue Percent of Total Revenue
Contributions $636,827
100.0%
Program Services $0
Investment Income $140
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,214,568
Total Liabilities $237,653
Net Assets $1,976,915

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,269,733
Expenses
$1,207,283
Net Income
$62,450
Net Assets
$2,548,192
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,269,551
100.0%
Program Services $0
Investment Income $182
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,822,751
Total Liabilities $274,559
Net Assets $2,548,192

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,175,346
Expenses
$1,186,733
Net Income
-$11,387
Net Assets
$2,398,270
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,174,953
100.0%
Program Services $0
Investment Income $393
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,441,300
Total Liabilities $43,030
Net Assets $2,398,270

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$901,764
Expenses
$1,126,831
Net Income
-$225,067
Net Assets
$2,411,773
Notable Sources of Revenue Percent of Total Revenue
Contributions $900,036
99.8%
Program Services $0
Investment Income $1,728
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $35,417
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,675,335
Total Liabilities $263,562
Net Assets $2,411,773

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated