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American Friends Of The National Portrait Gallery (London) Foundation Inc

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

EIN: 133602365 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of The National Portrait Gallery (London) Foundation Inc?

American Friends of the National Portrait Gallery (London) Foundation Inc is a nonprofit organization situated in New York City, specifically at 31 WEST 34TH STREET 7TH FL 7010. Their primary mission is to foster appreciation and comprehension of portrait art by supporting the operations and activities of the National Portrait Gallery in London. They accomplish this by providing financial assistance for projects, such as the Inspiring People Capital Project, which involves a comprehensive renovation of the gallery, the creation of new public spaces, and the establishment of a modern Learning Centre. By doing so, they aim to enhance the visitor experience and promote collaboration between the London gallery and American arts and academic institutions.

What are the reviews and ratings of this charity?

90% rating from Charity Navigator. The American Friends Of The National Portrait Gallery (London) Foundation Inc has achieved a Four-Star out of Four Star rating, indicating strong performance in accountability and finance. The rating is based solely on a single beacon score, which reflects the charity's commitment to financial integrity.

The organization demonstrates excellent governance with a fully independent board of members and a comprehensive audit and oversight committee. Key metrics also show no material diversion of assets and a solid conflict of interest policy. The charity has a high program expense ratio, with nearly 99% of its expenses directed toward its programs, showcasing effective use of funds.

While the organization excels in many areas, its working capital ratio suggests a limited buffer for financial reserves, reflecting potential vulnerability in periods of unexpected expenses. Overall, the American Friends Of The National Portrait Gallery (London) Foundation Inc stands out for its financial health and governance practices, making it a commendable choice for donors.


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

Is American Friends Of The National Portrait Gallery (London) Foundation Inc legitimate?

American Friends Of The National Portrait Gallery (London) Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of The National Portrait Gallery (London) Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Friends Of The National Portrait Gallery (London) Foundation Inc?

The American Friends of the National Portrait Gallery (London) Foundation Inc. works towards fostering appreciation and comprehension of the art of portraiture. They accomplish this by supporting the operations and activities of the National Portrait Gallery in London, as well as collaborating with American arts and academic institutions. Their primary objective is to encourage the public's engagement with this art form. The foundation provides grants, notably for the Inspiring People Capital Project, which involves a significant transformation of the National Portrait Gallery, including a revamped collection presentation, building refurbishment, creation of new public spaces, a more inviting visitor entrance, and a modern Learning Centre.

Who is the CEO of American Friends Of The National Portrait Gallery (London) Foundation Inc?

Margaret Conklin is the President & Director of American Friends Of The National Portrait Gallery (London) Foundation Inc.

What is the revenue of American Friends Of The National Portrait Gallery (London) Foundation Inc?

American Friends Of The National Portrait Gallery (London) Foundation Inc's revenue in 2022 was $5,303,567.

Who are the executives of American Friends Of The National Portrait Gallery (London) Foundation Inc and what are their salaries?

There 8 volunteers at American Friends Of The National Portrait Gallery (London) Foundation Inc.


Here are 8 key members and their salaries:


Margaret Conklin (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gavin Leckie (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Colman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Garrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linn Cary Mehta (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Patel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of The National Portrait Gallery (London) Foundation Inc?

American Friends Of The National Portrait Gallery (London) Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of The National Portrait Gallery (London) Foundation Inc

The American Friends of the National Portrait Gallery (London) Foundation Inc is dedicated to fostering appreciation and comprehension of the art of portraiture. This is achieved through the organization's support of the operations and activities of the National Portrait Gallery in London, as well as its collaborations with American arts and academic institutions. This mission is carried out through grant funding, specifically towards projects such as the Inspiring People Capital Project. This project involves a comprehensive reorganization of the gallery's collection, a significant refurbishment of the building, the creation of new public spaces, an improved visitor entrance and forecourt, and the establishment of a modern Learning Centre. These efforts aim to make the National Portrait Gallery a more engaging and accessible destination for visitors, fostering a deeper understanding and appreciation for the art of portraiture.

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Impact




October, 2024

The American Friends Of The National Portrait Gallery (London) Foundation Inc significantly enhances the appreciation and understanding of portrait art by providing critical support to the National Portrait Gallery in London. Through its collaborations with American arts and academic institutions, it fosters cultural exchange and enrichment.

One of its notable contributions is through grants aimed at the Inspiring People Capital Project, which will transform the National Portrait Gallery. This ambitious initiative includes a complete re-presentation of the Collection and substantial renovations to the building. Key developments involve the creation of new public spaces, a more inviting visitor entrance, and a state-of-the-art Learning Centre, all designed to deepen visitor engagement and enhance educational opportunities.

By facilitating access to world-class portraiture and ensuring the gallery's facilities meet contemporary standards, the foundation not only preserves cultural heritage but also helps to cultivate a broader interest in the art of portraiture among diverse audiences.




This information is meant to be a general summary of American Friends Of The National Portrait Gallery (London) Foundation 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
$5,303,567 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$5,358,322 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $191
  • Gross Receipts: $5,303,567

Assets and Liabilities:

  • Total Assets: $1,288,568
  • Total Liabilities: $0
  • Net Assets: $1,288,568

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Organization Details

Founding Year

1990

Principal Officer

Margaret Conklin

Main Address

31 WEST 34TH STREET 7TH FL 7010, NEW YORK, NY, 10001

NTEE Category

Code: A11 - Arts

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