AMERICAN FRIENDS OF THE NATIONAL GALLERY OF AUSTRALIA INC

EIN: 133171852 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$503,346
Total Expenses
$400,976
Total Assets
$1,289,181
Net Assets
$1,282,681
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NY
Principal Officer
CATHERINE DEVINE
Phone
2123386863
Tax Period
2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF THE NATIONAL GALLERY OF AUSTRALIA INC, founded in 1982, is a small nonprofit in the International Affairs sector that reported $503K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $102K, a strong 20% operating margin.

Mission

MISSION IS TO FOSTER THE VISUAL ARTS BETWEEN THE UNITED STATES AND AUSTRALIA.

Program Service Accomplishments

Program 1
Expenses: $368,030

GENERALLY, THE ORGANIZATION MAKES CHARITABLE AND EDUCATIONAL GRANTS TO PROMOTE AND ADVANCE UNDERSTANDING OF THE VISUAL ARTS IN THE UNITED STATES AND AUSTRALIA. THE NATIONAL GALLERY OF AUSTRALIA IS AN...

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GENERALLY, THE ORGANIZATION MAKES CHARITABLE AND EDUCATIONAL GRANTS TO PROMOTE AND ADVANCE UNDERSTANDING OF THE VISUAL ARTS IN THE UNITED STATES AND AUSTRALIA. THE NATIONAL GALLERY OF AUSTRALIA IS AN AUSTRALIAN GOVERMENT AGENCY AND IS ALSO AN ORGANIZATION DESCRIBED IN 501(C)(3) AND A PUBLICLY SUPPORTED ORGANIZATION. THE GRANTS WERE FOR THE FOLLOWING USES AND PURPOSES, ALL OF WHICH THE BOARD DETERMINED TO BE IN FURTHERANCE OF THIS ORGANIZATION'S EXEMPT PURPOSE: TO FOSTER THE VISUAL ARTS IN THE U.S. AND AUSTRALIA. THE OUTPUT FROM THIS PROGRAM IS INTANGIBLE. IT IS IMPOSSIBLE TO COUNT THE NUMBER OF PERSONS BENEFITTED BY GRANTS FOR THE PURPOSES DESCRIBED, IT IS ANTICIPATED THAT OVER TIME THOUSANDS OF PERSONS WILL BENEFIT FROM THIS SUPPORT ON AN ONGOING BASIS. THE ORGANIZATION PROVIDED NO SERVICES. THE ORGANIZATION HAS NO OTHER PROGRAM SERVICES THAN THOSE DESCRIBED ABOVE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $503,301
Program Service Revenue $0
Investment Income $45
Other Revenue $0
TOTAL REVENUE $503,346

Expense Breakdown

Grants Paid $315,000
Salaries & Benefits $0
Fundraising Expenses $3,851
Program Expenses $368,030
Other Expenses $85,976
TOTAL EXPENSES $400,976

Year-over-Year Comparison

2023 2022 Change
Revenue $503,346 $935,797 -0.5%
Expenses $400,976 $306,714 +0.3%
Net Income $102,370 $629,083 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
2

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL MAHER PRESIDENT 10.00
Officer Director
$0 $0 $0
JILL VIOLA SECRETARY 2.00
Officer Director
$0 $0 $0
ELIZABETH ELDER DIRECTOR 1.00
Director
$0 $0 $0
SARA MCKERIHAN DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE DEVINE TREASURER 1.00
Officer Director
$0 $0 $0
CAROLYN FLETCHER CHAIRMAN 10.00
Officer Director
$0 $0 $0
DANIEL TOBIN DIRECTOR 1.00
Director
$0 $0 $0
KEN TYLER DIRECTOR 1.00
Director
$0 $0 $0
DAVID DROGA DIRECTOR 1.00
Director
$0 $0 $0
STEVE MARTIN DIRECTOR 1.00
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 No data No data No data No data
2023 $503,346 $400,976 $1,289,181 $102,370
2022 $935,797 $306,714 $1,187,318 $629,083
2021 $465,677 $736,910 $556,337 $-271,233
2020 $309,950 $286,862 $828,461 $23,088
2019 $375,829 $627,486 $804,468 $-251,657
2018 $434,152 $441,996 $1,055,556 $-7,844
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