Overview
What is Photo Art & Science Foundation?
The Photo Art & Science Foundation, located in St. Louis, Missouri, is a dedicated nonprofit organization. Its primary mission is to enlighten the public about the historical significance of photography, collecting, exhibiting, and preserving related artifacts and images. The foundation takes pride in recognizing notable contributors to the development of photographic art and science. In a recent event post-COVID-19, they successfully hosted a Hall of Fame induction and awards gala, attracting distinguished photographers and guests from across the nation and internationally. The event included a live auction and fundraising opportunity, aiming to support their cause.
Official website here: www.iphf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
The Photo Art & Science Foundation has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 41%, the organization particularly struggles in areas such as financial statements and program expense ratios, which received very low ratings. However, it does have a fully independent board and has effectively documented board meeting minutes, which suggests some organizational strengths.
Despite these governance strengths, the low financial scores indicate potential issues in financial management and transparency. The foundation notably lacks a conflict of interest policy, whistleblower policy, and has a poor liabilities to assets ratio. These shortcomings raise red flags about the organization's financial health and operational integrity, possibly affecting donor trust and overall efficacy.
Additionally, the foundation's fundraising efficiency ratio is alarmingly low, suggesting that a significant portion of contributions may not be effectively utilized for its intended programs. Potential donors should carefully consider these factors and conduct thorough due diligence before contributing, as the organization's financial practices warrant caution.
This AI summary has been generated from information found on Charity Navigator.
Is Photo Art & Science Foundation legitimate?
Photo Art & Science Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Photo Art & Science Foundation 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: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,699
For more financial information, click here
Official website here: www.iphf.org
What is the mission statement of Photo Art & Science Foundation?
The Photo Art & Science Foundation's mission is centered around educating the public about the historical evolution of photographic imaging. They actively collect, exhibit, and preserve significant historical items and images related to this art and science. Furthermore, the foundation honors notable contributors who have played pivotal roles in the development of photographic art and science. Their activities extend beyond education and preservation, as they also host events to recognize these influential figures in the field. Recently, they held a successful live Hall of Fame induction and awards gala, attended by renowned photographers and guests from both national and international backgrounds.
Official website here: www.iphf.org
Who is the CEO of Photo Art & Science Foundation?
Scott Kurkian is the President of Photo Art & Science Foundation.
Official website here: www.iphf.org
What is the revenue of Photo Art & Science Foundation?
Photo Art & Science Foundation's revenue in 2022 was $5,254,480.
Official website here: www.iphf.org
Who are the executives of Photo Art & Science Foundation and what are their salaries?
Here are 18 key members and their salaries:
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Official website here: www.iphf.org
Where can I find the form 990 for Photo Art & Science Foundation?
Photo Art & Science Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iphf.org
Learn more at the official website: www.iphf.org
Mission Statement of Photo Art & Science Foundation
The Photo Art & Science Foundation is committed to enlightening the public about the rich history of photography. This esteemed organization undertakes the task of collecting, displaying, and safeguarding historic items and images related to photographic art and science. Furthermore, the foundation recognizes and honors significant contributors who have played a pivotal role in the development and progression of photographic imaging. In essence, the Photo Art & Science Foundation serves as a custodian of photographic heritage, educating the public, preserving historical artifacts, and celebrating the achievements of influential figures in the field.
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Impact
October, 2024
The Photo Art & Science Foundation plays a pivotal role in educating the public about the rich history of photography. By collecting, exhibiting, and preserving significant historical items and images, it fosters a deeper appreciation for the evolution of photographic art and science.
Its recent initiatives, including a highly successful live Hall of Fame induction and awards gala, have brought together national and international photographers, creating a platform for dialogue and recognition of key contributors in the field. This event not only celebrated the accomplishments of these individuals but also featured a live auction and fundraising efforts that further support the foundation’s mission.
The foundation's impact is particularly significant in nurturing a culture of appreciation for photography, showcasing its importance in both historical and contemporary contexts, and highlighting the contributions of those who have shaped its development. Through these activities, it plays a crucial role in preserving photographic heritage for future generations.
This information is meant to be a general summary of Photo Art & Science Foundation. 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.
- Program Service Revenue: $21,496
- Gross Receipts: $5,338,278
Assets and Liabilities:
- Total Assets: $4,950,175
- Total Liabilities: $205,980
- Net Assets: $4,744,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION, LECTURES AN
Revenue
$21,496
Organization Details
Phone
(314) 535-1999Principal Officer
Scott Kurkian
Main Address
3415 OLIVE STREET, ST LOUIS, MO, 63103
Website
www.iphf.orgNTEE Category
Code: A400 - Arts
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