FRIENDS OF BEZALEL ACADEMY OF ARTS AND DESIGNS INC

EIN: 132952614 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$2,802,143
Total Expenses
$2,541,640
Total Assets
$2,319,575
Net Assets
$868,528
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NY
Principal Officer
DANA GLUCK
Phone
6462290707
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF BEZALEL ACADEMY OF ARTS AND DESIGNS INC, founded in 1978, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $2.5M left a modest 9% surplus.

Mission

FUNDS COLLECTED TO SUPPORT THE MISSION OF BEZALEL ACADEMY OF ARTS AND DESIGN JERUSALEM ISRAEL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,768,917
Program Service Revenue $0
Investment Income $33,226
Other Revenue $0
TOTAL REVENUE $2,802,143

Expense Breakdown

Grants Paid $2,278,205
Salaries & Benefits $190,709
Fundraising Expenses $109,008
Program Expenses $2,278,205
Other Expenses $72,726
TOTAL EXPENSES $2,541,640

Year-over-Year Comparison

2024 2023 Change
Revenue $2,802,143 $4,947,479 -0.4%
Expenses $2,541,640 $5,565,091 -0.5%
Net Income $260,503 $-617,612 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$148,750
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA GLUCK EXECUTIVE DIRECTOR AND SECRETARY 40
Officer
$148,750 $0 $148,750
ILAN KAUFTHAL CHAIRMAN 5
Officer Director
$0 $0 $0
ABIGAIL DOFT TREASURER 0.5
Officer Director
$0 $0 $0
JEFFREY RUBIN BOARD MEMBER 5
Director
$0 $0 $0
SIVIA LORIA BOARD MEMBER 0.5
Director
$0 $0 $0
MICHAEL JESSELSON BOARD MEMBER 0.5
Director
$0 $0 $0
RAANAN AGUS BOARD MEMBER 0.5
Director
$0 $0 $0
SUZANNE DOFT BOARD MEMBER 0.5
Director
$0 $0 $0
JENNIFER ROTH BOARD MEMBER 0.5
Director
$0 $0 $0
PAMELA GRODMAN BOARD MEMBER 0.5
Director
$0 $0 $0
RENA HOFFMAN BOARD MEMBER 0.5
Director
$0 $0 $0
JENNIFER OLSHIN BOARD MEMBER 0.5
Director
$0 $0 $0
JANET SHATZ BOARD MEMBER 0.5
Director
$0 $0 $0
JOSHUA TANENBAUM BOARD MEMBER 0.5
Director
$0 $0 $0
ROEE LOTAN BOARD MEMBER 0.5
Director
$0 $0 $0
DALIT SHALOM BOARD MEMBER 0.5
Director
$0 $0 $0
ERIC MOED BOARD MEMBER 0.5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,802,143 $2,541,640 $2,319,575 $260,503
2023 $4,947,479 $5,565,091 $1,202,329 $-617,612
2022 $8,446,040 $7,693,138 $2,712,190 $752,902
2022 No data No data No data No data
2021 $22,554,800 $22,333,000 $2,039,900 $221,800
2020 $4,514,300 $4,676,100 $2,332,000 $-161,800
2019 $2,224,900 $3,917,300 $4,485,400 $-1,692,400
2018 $6,910,640 $6,299,800 $8,745,700 $610,840
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