VICTORIA AND ALBERT MUSEUM AMERICAS FOUNDATION

EIN: 133212077 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$894,593
Total Expenses
$3,074,788
Total Assets
$8,300,830
Net Assets
$8,285,298
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
DE
Principal Officer
ANDREA YGLESIAS
Phone
2124085100
Tax Period
2023-01-01 to 2023-12-31

VICTORIA AND ALBERT MUSEUM AMERICAS FOUNDATION, founded in 1984, is a small nonprofit in the International Affairs sector that reported $895K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $3.1M exceeded revenue, resulting in a 244% operating deficit.

Mission

TO ADVANCE THE STATUS AND OBJECTIVES OF ORGANIZATIONS THAT FURTHER THE APPRECIATION OF ART.

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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 $874,936
Program Service Revenue $0
Investment Income $19,657
Other Revenue $0
TOTAL REVENUE $894,593

Expense Breakdown

Grants Paid $2,927,647
Salaries & Benefits $87,564
Fundraising Expenses $31,179
Program Expenses $2,958,826
Other Expenses $59,577
TOTAL EXPENSES $3,074,788

Year-over-Year Comparison

2023 2022 Change
Revenue $894,593 $13,160,857 -0.9%
Expenses $3,074,788 $3,423,005 -0.1%
Net Income $-2,180,195 $9,737,852 -1.2%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
2
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
5
$79,337
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA YGLESIAS EX DIR/ SECTY 20.00
Officer
$26,154 $0 $26,154
SALLY KETCHUM EX DIR/ SECTY (THROUGH 9/23) 20.00
Officer
$49,583 $3,600 $53,183
MONICA MANDELLI CHAIRMAN 1.00
Officer Director
$0 $0 $0
LAUREN KELLY TREASURER 1.00
Officer
$0 $0 $0
ALEX SABLE ASSISTANT SECRETARY 2.00
Officer
$0 $0 $0
TIFFANY DUBIN TRUSTEE 1.00
Director
$0 $0 $0
DEBORAH FARRINGTON TRUSTEE 1.00
Director
$0 $0 $0
JAMEE GREGORY TRUSTEE 1.00
Director
$0 $0 $0
AUDREY GRUSS TRUSTEE 1.00
Director
$0 $0 $0
ROS L'ESPERANCE TRUSTEE 1.00
Director
$0 $0 $0
VATSA NARASIMHA TRUSTEE 1.00
Director
$0 $0 $0
MANDAKINI PURI TRUSTEE 1.00
Director
$0 $0 $0
TOM QUICK TRUSTEE 1.00
Director
$0 $0 $0
LESLIE SCHREYER TRUSTEE 1.00
Director
$0 $0 $0
BERNARD SELZ TRUSTEE (THROUGH 12/23) 1.00
Director
$0 $0 $0
CHRIS THOM TRUSTEE 1.00
Director
$0 $0 $0
SUSAN WEBER TRUSTEE 1.00
Director
$0 $0 $0
LYNNE WHEAT TRUSTEE 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 $894,593 $3,074,788 $8,300,830 $-2,180,195
2022 $13,160,857 $3,423,005 $10,296,899 $9,737,852
2021 $800,462 $1,056,482 $1,107,783 $-256,020
2020 $470,019 $454,259 $1,361,467 $15,760
2019 $661,743 $879,584 $1,334,994 $-217,841
2018 $1,732,890 $3,727,702 $1,526,878 $-1,994,812
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