TOM OF FINLAND FOUNDATION INC

EIN: 954065795 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$678,048
Total Expenses
$801,161
Total Assets
$126,228
Net Assets
$-25,086
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
CA
Phone
2132501685
Tax Period
2024-01-01 to 2024-12-31

TOM OF FINLAND FOUNDATION INC, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $678K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $801K exceeded revenue, resulting in a 18% operating deficit.

Mission

TOM OF FINLAND FOUNDATION, INC. (TOFF) IS DEDICATED TO PROTECT, PRESERVE, DOCUMENT AND EDUCATE THE PUBLIC ABOUT EROTIC ART AND EROTIC ARTISTS. TOFF SHALL CONTINUE TO ENCOURAGE THE WORK OF EROTIC VISUAL ARTISTS REGARDLESS OF RACE, CREED, RELIGION, GENDER, SEXUAL IDENTITY, MEDIUM OF EXPRESSION OR ANY OTHER CENSORING CRITERIA.

Program Service Accomplishments

Program 1
Expenses: $335,330

PUBLIC EDUCATION:Foundation hosted more than 60 public events in 2024 that includes our Art & Culture Festival ,our longest running educational program that provided a weekend long set of public...

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PUBLIC EDUCATION:Foundation hosted more than 60 public events in 2024 that includes our Art & Culture Festival ,our longest running educational program that provided a weekend long set of public talks, films, performances and exhibition and were presented in London, Berlin, Palm Springs and Los Angeles. Most foundation events are free or charge or accessible with modest ticketing fees. Foundation presents other public tours of TOM House and of gallery, museum and artist studios.

Program 2
Expenses: $145,518

ARCHIVE, PERMANENT COLLECTIONS AND LIBRARY, EXHIBITIONS:A repository of over a century of LGBTQ+ artmaking and culture, the Foundation stewards rich historical and contemporary collections of more...

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ARCHIVE, PERMANENT COLLECTIONS AND LIBRARY, EXHIBITIONS:A repository of over a century of LGBTQ+ artmaking and culture, the Foundation stewards rich historical and contemporary collections of more than 11,000 unique artworks created by more than 700+ queer artists many of whose legacies are preserved nowhere else and include archival materials and a reference library. Highlights include creative practices cut short by the AIDS crisis and are open by appointment to students, scholars, researchers, artists.

Program 3
Expenses: $38,999

ARTIST EDUCATION:Selected through a critical vetting process, visiting artists reside at TOM House for 3 months and benefit from the opportunity to engage with the Foundations collection and present...

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ARTIST EDUCATION:Selected through a critical vetting process, visiting artists reside at TOM House for 3 months and benefit from the opportunity to engage with the Foundations collection and present their final project as a public program. Nine artists participated in 2023 representing the UK, US, Thailand, China, Poland. Another artist education program is our monthly Life Drawing Sessions.

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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 $136,128
Program Service Revenue $514,323
Investment Income $2
Other Revenue $27,595
TOTAL REVENUE $678,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $359,353
Fundraising Expenses $122,780
Program Expenses $519,847
Other Expenses $441,808
TOTAL EXPENSES $801,161

Year-over-Year Comparison

2024 2023 Change
Revenue $678,048 $730,234 -0.1%
Expenses $801,161 $857,346 -0.1%
Net Income $-123,113 $-127,112 0.0%
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
11
Independent Members
9
Employees
7
Volunteers
60

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
$58,827
Total Directors
10
$86,607
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD CELLA CEO 40.00
Officer
$58,827 $0 $58,827
BRAD LIM-SENESAC EXECUTIVE DIREC 40.00
Director
$57,500 $0 $57,500
SR SHARP Member 40.00
Director
$29,107 $0 $29,107
R AYITA OKYNE Chairman 2.00
Officer Director
$0 $0 $0
ROB HENNIG 1st Vice-Chair 2.00
Officer Director
$0 $0 $0
DAVID ALDEA Treasurer 2.00
Officer Director
$0 $0 $0
JON WRIGHT Secretary 2.00
Officer Director
$0 $0 $0
GRAYLIN THORNTON Member 2.00
Director
$0 $0 $0
NOLAN FENG MEMBER 2.00
Director
$0 $0 $0
ROBERT KNOX HAYES Member 2.00
Director
$0 $0 $0
BROOK WISE MEMBER 2.00
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 $678,048 $801,161 $126,228 $-123,113
2023 $730,234 $857,346 $216,887 $-127,112
2022 $444,296 $606,887 $341,727 $-162,591
2021 $791,975 $555,403 $512,075 $236,572
2020 $626,265 $407,270 $333,104 $218,995
2019 $354,103 $478,015 $199,026 $-123,912
2018 $349,052 $283,857 $161,141 $65,195
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