PALAZZO STROZZI FOUNDATION USA INC

EIN: 270870538 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$135,929
Total Expenses
$200,843
Total Assets
$264,817
Net Assets
$264,817
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
MARIO CALVO PLATERO
Phone
2127557000
Tax Period
2025-01-01 to 2025-12-31

PALAZZO STROZZI FOUNDATION USA INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $136K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $201K exceeded revenue, resulting in a 48% operating deficit.

Mission

THE ORGANIZATION'S MISSION, IN THIS ERA OF GLOBALIZATION, IS TO PRESERVE THE VALUES OF OPENNESS AND CREATIVITY OF THE RENAISSANCE, ONE OF THE FOUNDATIONS OF THE ENLIGHTENMENT AND OF MODERN WESTERN SOCIETIES.

Program Service Accomplishments

Program 1
Expenses: $137,179 Revenue: $0

THE PALAZZO STROZZI HIGH SCHOOL RENAISSANCE AWARD:THE AWARD IS AN ESSAY COMPETITION ON THE RENAISSANCE FOR 11TH GRADE PUBLIC HIGH SCHOOL STUDENTS. THE WINNERS WILL BE PROVIDED WITH A FULLY FUNDED ONE...

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THE PALAZZO STROZZI HIGH SCHOOL RENAISSANCE AWARD:THE AWARD IS AN ESSAY COMPETITION ON THE RENAISSANCE FOR 11TH GRADE PUBLIC HIGH SCHOOL STUDENTS. THE WINNERS WILL BE PROVIDED WITH A FULLY FUNDED ONE MONTH TRIP TO ITALY TO STUDY THE RENAISSANCE AND TRAVEL THROUGHOUT THE COUNTRY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $134,819
Program Service Revenue $0
Investment Income $1,110
Other Revenue $0
TOTAL REVENUE $135,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2,469
Program Expenses $137,179
Other Expenses $200,843
TOTAL EXPENSES $200,843

Year-over-Year Comparison

2025 2024 Change
Revenue $135,929 $160,708 -0.2%
Expenses $200,843 $236,099 -0.1%
Net Income $-64,914 $-75,391 -0.1%
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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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIO CALVO PLATERO CHAIRMAN 1.00
Director
$0 $0 $0
MARIA MANETTI FARROW MEMBER 1.00
Director
$0 $0 $0
CRISTINA ACIDINI MEMBER 1.00
Director
$0 $0 $0
ARTURO GALANSINO MEMBER 1.00
Director
$0 $0 $0
LAUDOMIA PUCCI MEMBER 1.00
Director
$0 $0 $0
SALVO ARENA SECRETARY 1.00
Director
$0 $0 $0
DANIELE BODINI MEMBER 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
2025 $135,929 $200,843 $264,817 $-64,914
2024 No data No data No data No data
2023 $105,246 $247,048 $405,122 $-141,802
2022 $245,693 $218,792 $545,557 $26,901
2021 $55,556 $145,620 $518,655 $-90,064
2020 $102,801 $75,774 $610,771 $27,027
2019 $206,571 $306,927 $583,744 $-100,356
2018 $159,487 $174,071 $684,100 $-14,584
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