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Friends Of Bezalel Academy Of Arts & Design Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132952614 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Bezalel Academy Of Arts & Design Inc?

Friends of Bezalel Academy of Arts & Design Inc is a US-based nonprofit organization, headquartered in New York City, dedicated to supporting Jerusalem's renowned Bezalel Academy of Arts & Design. Their mission focuses on funding initiatives and engaging in related activities for this esteemed institution in Israel. With a small team of one employee, they aim to make a significant impact on the arts and design community by fostering its growth and development at the Bezalel Academy.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74% (Two-Star out of Four Stars)

Friends Of Bezalel Academy Of Arts & Design Inc has received a 74% rating from Charity Navigator, which translates to a Two-Star rating. This score highlights the organization’s solid performance in some areas, particularly with 100% independent board members and a high program expense ratio of 99.21%, indicating that most of its funds are directed towards its programs rather than administrative costs.

However, the nonprofit faces challenges, particularly in its accountability and financial transparency. The absence of financial statements and missing policies on whistleblowing and document retention have contributed to its lower overall score. These gaps suggest areas where the organization could improve its governance and operational oversight to enhance trust among stakeholders.

Despite these limitations, the organization demonstrates a commitment to fiscal responsibility, highlighted by a favorable liabilities to assets ratio and no loans to officers. Addressing its transparency issues could significantly improve its rating and appeal to potential donors and supporters in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Bezalel Academy Of Arts & Design Inc legitimate?

Friends Of Bezalel Academy Of Arts & Design Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Bezalel Academy Of Arts & Design 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: $72,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Friends Of Bezalel Academy Of Arts & Design Inc?

The Friends Of Bezalel Academy Of Arts & Design Inc is dedicated to advancing the mission of the Bezalel Academy of Arts and Design in Israel. Through fundraising efforts, this organization provides crucial support to the institution. The ultimate goal is to ensure the continued success and growth of the Bezalel Academy of Arts and Design, allowing it to continue nurturing artistic talent and innovation. Funds raised are allocated towards various initiatives, enabling the academy to offer excellent educational programs and resources. By doing so, the Friends Of Bezalel Academy Of Arts & Design Inc plays a vital role in fostering creativity and artistic development within the artistic community.

Who is the CEO of Friends Of Bezalel Academy Of Arts & Design Inc?

Ilan Kaufthal is the Chairman Of Board, President of Friends Of Bezalel Academy Of Arts & Design Inc.

What is the revenue of Friends Of Bezalel Academy Of Arts & Design Inc?

Friends Of Bezalel Academy Of Arts & Design Inc's revenue in 2021 was $22,554,800.

Who are the executives of Friends Of Bezalel Academy Of Arts & Design Inc and what are their salaries?

The average compensation at Friends Of Bezalel Academy Of Arts & Design Inc during 2021 was $72,800. There is 1 employee at Friends Of Bezalel Academy Of Arts & Design Inc.


Here are 17 key members and their salaries:


Ilan Kaufthal (Chairman Of Board, President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sivia Loria (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Presser (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raanan Agus (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abigail Doft (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Doft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Doft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Roth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucy Gitlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Grodman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rena Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jesselson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Olshin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Shatz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Tannenbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Rubin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ehud Urman (Executive Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of Bezalel Academy Of Arts & Design Inc?

Friends Of Bezalel Academy Of Arts & Design Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Friends Of Bezalel Academy Of Arts & Design Inc

Friends of Bezalel Academy of Arts & Design Inc is a nonprofit organization that plays a significant role in supporting the mission of the Bezalel Academy of Arts and Design in Jerusalem, Israel. By collecting funds, this entity ensures the continued success and growth of the esteemed academic institution.

The Friends of Bezalel Academy of Arts & Design Inc's primary objective revolves around providing essential resources to the Bezalel Academy of Arts & Design. This support enables the institution to excel in its artistic endeavors and maintain its reputation as a leading center for arts education. By engaging in various related activities, Friends of Bezalel Academy of Arts & Design Inc amplifies the impact of the Bezalel Academy of Arts & Design, fostering a vibrant and innovative arts community.

Friends of Bezalel Academy of Arts & Design Inc functions as a crucial partner in furthering the goals of the Bezalel Academy of Arts & Design. The organization's unwavering commitment to the institution enhances its ability to cultivate talented artists and contribute to the global arts scene. Through its collective efforts, Friends of Bezalel Academy of Arts & Design Inc enriches the artistic landscape, inspiring creativity and growth for generations to come.

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Impact




October, 2024

Friends Of Bezalel Academy Of Arts & Design Inc actively supports the Bezalel Academy of Arts & Design in Jerusalem, Israel, by collecting funds that further its mission. This engagement enhances the cultural and educational landscape of the academy, fostering creativity and innovation in the arts. Through their initiatives, they aim to empower future artists and designers, contributing to the rich heritage of artistic expression in Israel and beyond. By aligning resources with the academy's goals, they play a crucial role in promoting excellence in arts education and nurturing the next generation of creative talent.




This information is meant to be a general summary of Friends Of Bezalel Academy Of Arts & Design 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.

Revenue
$22,554,800 (2021)
Expenses
$22,333,000 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $38,800
  • Gross Receipts: $22,576,900

Assets and Liabilities:

  • Total Assets: $2,039,900
  • Total Liabilities: $13,600
  • Net Assets: $2,026,300

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Organization Details

Founding Year

1978

Principal Officer

Ilan Kaufthal

Main Address

C/O WEWORK 79 MADISON AVE, NEW YORK, NY, 10016

NTEE Category

Code: A110 - Arts

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