AMERICAN FRIENDS OF THE NATIONAL PORTRAIT GALLERY (LONDON) FOUNDATION INC

EIN: 133602365 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$4,594,692
Total Expenses
$4,674,389
Total Assets
$1,208,871
Net Assets
$1,208,871
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
DE
Principal Officer
MARGARET CONKLIN
Phone
2128124362
Tax Period
2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF THE NATIONAL PORTRAIT GALLERY (LONDON) FOUNDATION INC, founded in 1990, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.6M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

TO ENCOURAGE APPRECIATION AND UNDERSTANDING OF THE ART OF PORTRAITURE THROUGH SUPPORT OF THE OPERATIONS AND ACTIVITIES OF THE NATIONAL PORTRAIT GALLERY IN LONDON AND ITS COLLABORATION WITH AMERICAN ARTS AND ACADEMIC INSTITUTIONS.

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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 $4,594,055
Program Service Revenue $0
Investment Income $637
Other Revenue $0
TOTAL REVENUE $4,594,692

Expense Breakdown

Grants Paid $4,645,366
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,645,366
Other Expenses $29,023
TOTAL EXPENSES $4,674,389

Year-over-Year Comparison

2023 2022 Change
Revenue $4,594,692 $5,303,567 -0.1%
Expenses $4,674,389 $5,358,322 -0.1%
Net Income $-79,697 $-54,755 +0.5%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET CONKLIN PRESIDENT & DIRECTOR 3.00
Officer Director
$0 $0 $0
GAVIN LECKIE TREASURER & DIRECTOR 2.00
Officer Director
$0 $0 $0
BRIDGET COLMAN DIRECTOR 1.00
Director
$0 $0 $0
LISA GARRISON DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY LEE DIRECTOR 1.00
Director
$0 $0 $0
LINN CARY MEHTA SECRETARY & DIRECTOR 1.00
Officer Director
$0 $0 $0
PATRICIA WHITE DIRECTOR 1.00
Director
$0 $0 $0
LESLIE PATEL 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 $4,594,692 $4,674,389 $1,208,871 $-79,697
2022 $5,303,567 $5,358,322 $1,288,568 $-54,755
2021 $3,284,122 $3,459,532 $1,343,323 $-175,410
2020 $1,346,807 $505,248 $1,518,733 $841,559
2019 $523,751 $263,886 $677,174 $259,865
2018 $637,098 $540,064 $417,309 $97,034
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