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American Friends of the Israel Museum

American Friends of the Israel Museum

New York, NY 10017
Tax ID23-7182582

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About this organization

Revenue

$14,782,626

Expenses

$19,151,872

Mission

The American Friends of the Israel Museum (AFIM) is a non-profit organization dedicated to supporting the Israel Museum, Jerusalem. Since its inception in 1972, AFIM has raised over $435 million for the museum’s exhibitions, art acquisitions, educational and outreach programs, curator training, and more. As an early supporter of the museum, AFIM’s pioneering model has spurred the creation of similar organizations in 16 countries. Beyond financial support, AFIM inspires collectors and raises awareness of the museum with special exhibitions, gallery visits, studio tours, concerts, gatherings, and other events. Through these efforts, AFIM has helped create a global network of individuals committed to supporting Jerusalem’s Israel Museum.

About

Cultural exchange - support for approved projects and the art and archaeology collections of the Israel Museum.

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “The mission of the american friends of the israel museum is to foster and encourage the development of liberal arts by obtaining works of art and archaeology for the israel museum and by obtaining grants, contributions and loans for, and by making grants, contributions and loans to the israel museum.”.

When detailing its responsibilities, they were listed as: “Foster and encourage liberal arts: obtain art and archaeology for the israel museum, obtain grants and contribu- tions for and make grants and contributions to the israel museum”.

  • The state in which the non-profit is legally permitted to operate is NY.
  • The address of the non-profit for 2020 according to the filing is 545 5TH AVENUE 920, NEW YORK, NY, 10017.
  • The number of employees reported by the non-profit on their form as of 2020 is 9.
  • 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 greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$4,369,246.
  • The CEO compensation structure within the organization is based on a review and approval from a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 99 independent voting members.
  • The organization has a professional fund raiser.
  • The organization was formed in 1972.
  • 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 J.
  • The organization pays $1,146,719 in salary, compensation, and benefits to its employees.
  • The organization pays $2,633,637 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.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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