Overview
What is International Foundation For Art Research Inc?
International Foundation for Art Research Inc, situated in New York City, is a nonprofit organization dedicated to upholding integrity in the visual arts. Their primary focus lies in art authenticity, provenance, theft, ownership, and other scholarly, legal, and ethical issues surrounding art objects. They offer educational resources and conduct research in these areas. Their services encompass publications, art authentication research, lectures, and panels for supporters and the public. The IFAR Journal is one of their publications, covering topics such as art theft and fraud. Beyond this, they also provide an art authentication research service for the general public. With a team of three dedicated individuals, IFAR is committed to promoting transparency and truth in the world of art.
Official website here: www.ifar.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88% (Three-Star out of Four Star rating)
The International Foundation For Art Research Inc has received an overall score of 88%, indicating a solid performance in accountability and finance. This rating is based entirely on one beacon score, which demonstrates an emphasis on transparency and proper financial management within the organization. The foundation boasts a fully independent board, indicating strong governance practices, and it has successfully maintained a low ratio of liabilities to assets.
Strengths of the organization include a high program expense ratio of nearly 70%, showing that the majority of funds are directed towards its programs rather than administrative costs. Furthermore, the foundation has successfully implemented various financial oversight mechanisms, including an audit and oversight committee and a conflict of interest policy. These factors contribute to a favorable perception of the charity's financial health and commitment to its mission.
However, there are some areas for improvement, particularly the absence of a whistleblower policy and a document retention and destruction policy, which are crucial for ensuring accountability and protecting against misconduct. Despite these limitations, the overall financial practices and governance structure of the International Foundation For Art Research Inc appear to be strong, supporting its credibility within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is International Foundation For Art Research Inc legitimate?
International Foundation For Art Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Foundation For Art Research Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $212,401
Professional Fundraising Fees: $62,749
Other Salaries and Wages: $186,455
For more financial information, click here
Official website here: www.ifar.org
What is the mission statement of International Foundation For Art Research Inc?
The International Foundation for Art Research Inc is an educational and research organization primarily focused on art objects and related issues. Its mission is dedicated to upholding integrity in the visual arts. The foundation addresses various scholarly, legal, and ethical concerns related to art objects, including authenticity, provenance, theft, ownership, and other relevant issues. It provides publications, art authentication and provenance research services, and online resources to facilitate research on catalogues raisonnees, provenance, and art law. The organization also operates an art authentication research service for the public and hosts lectures and panels for its supporters and the general public.
Official website here: www.ifar.org
Who is the CEO of International Foundation For Art Research Inc?
Anthony Williams is the Chairman/ Treasurer of International Foundation For Art Research Inc.
Official website here: www.ifar.org
What is the revenue of International Foundation For Art Research Inc?
International Foundation For Art Research Inc's revenue in 2022 was $967,193.
Official website here: www.ifar.org
Who are the executives of International Foundation For Art Research Inc and what are their salaries?
The average compensation at International Foundation For Art Research Inc during 2022 was $132,952. There are 3 employees and 18 volunteers at International Foundation For Art Research Inc.
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- Compensation: $194,226
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- Other: $12,526
Official website here: www.ifar.org
Where can I find the form 990 for International Foundation For Art Research Inc?
International Foundation For Art Research Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ifar.org
Learn more at the official website: www.ifar.org
Mission Statement of International Foundation For Art Research Inc
The International Foundation for Art Research Inc, an educational and research organization, is dedicated to maintaining integrity in the visual arts. This nonprofit entity focuses on various scholarly, legal, and ethical issues surrounding art objects, such as attribution and authenticity, provenance, theft, ownership, and other related concerns. By providing publications, art authentication and provenance research services, and online resources, IFAR aims to serve as a reliable reference tool for catalogues raisonnés, provenance research, and art law & cultural property.
Through its activities, IFAR aspires to contribute to the art world by promoting transparency and accountability. The organization's mission is to ensure that art objects are properly identified, attributed, and authenticated, thus preventing fraudulent activities and safeguarding cultural heritage. IFAR's publications, such as the IFAR Journal, cover topics related to art authenticity, art theft, and other legal, ethical, and scholarly issues, providing valuable insights and resources for collectors, art historians, and interested individuals. Furthermore, IFAR offers an art authentication research service to the public, helping individuals verify the authenticity of their art objects.
In addition to its publication and research services, IFAR hosts lectures and panels for its supporters and the public. These events provide a platform for experts in the field to share their knowledge and insights on various art-related topics, fostering a deeper understanding of the art world and its complexities. By offering these educational opportunities, IFAR aims to contribute to the broader art community and promote the responsible and informed enjoyment of art objects.
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Impact
August, 2024
The International Foundation For Art Research Inc's impact lies in its dedication to integrity in the visual arts. Through its educational and research activities, IFAR addresses issues of attribution/authenticity, provenance, theft, ownership, and other scholarly, legal, and ethical concerns related to art objects. By offering services such as art authentication and provenance research, along with publications like the IFAR Journal focused on art authenticity, fraud, and legal issues in the art world, IFAR serves as a valuable resource for art enthusiasts, scholars, and the general public. Furthermore, the organization's provision of online resources and reference tools contributes to enhancing knowledge and understanding in the field of art.
This information is meant to be a general summary of International Foundation For Art Research Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $83,760
- Program Service Revenue: $119,146
- Gross Receipts: $1,137,276
Assets and Liabilities:
- Total Assets: $1,821,252
- Total Liabilities: $848,788
- Net Assets: $972,464
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTIONS (JOURNAL
Revenue
$58,044
DATABASE LICENSE FEES
Revenue
$36,217
AUTHENTICATION FEES
Revenue
$22,120
PUBLICATION SALES
Revenue
$1,415
CONFERENCES & LECTURES
Revenue
$1,350
Organization Details
Founding Year
1969
Phone
(212) 391-6234Principal Officer
Anthony Williams
Main Address
500 FIFTH AVENUE SUITE 935, NEW YORK, NY, 10110
Website
www.ifar.orgNTEE Category
Code: A40 - Arts
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