Civic Intelligence

Save Venice Inc

EIN 23-7179996 • 501(c)3 • New York, NY

View Organization Page

Profile

The mission of save venice is to preserve, protect, and promote the artistic heritage of venice, italy. Save venice raises funds to finance art conservation and also provides grants for educational initiatives to advance venetian scholarship and conservation.

133 East 58th Street 501New York, NY 10022

www.savevenice.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.06x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.13x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

24th percentile

-5.1%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$13,997,563

Up $3,143,501 (+29%) from 2022

Liabilities

Up

$820,531

Up $780,156 (+1932%) from 2022

Net Assets

Up

$13,177,032

Up $2,363,345 (+22%) from 2022

Operations
Liabilities / Revenue38th percentileNet Margin80th percentile

Revenue

Down

$6,111,482

Down $669,136 (-9.9%) from 2022

Expenses

Up

$4,378,892

Up $717,805 (+20%) from 2022

Net Income

Down

$1,732,590

Down $1,386,941 (-44%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth72nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $2,930,406Liabilities 2010: $260,172Net Assets 2010: $2,670,2342010Assets 2011: $2,767,593Liabilities 2011: $55,831Net Assets 2011: $2,711,7622011Assets 2012: $2,943,270Liabilities 2012: $130,011Net Assets 2012: $2,813,2592012Assets 2018: $5,823,755Liabilities 2018: $61,672Net Assets 2018: $5,762,0832018Assets 2020: $8,134,428Liabilities 2020: $102,181Net Assets 2020: $8,032,2472020Assets 2022: $10,854,062Liabilities 2022: $40,375Net Assets 2022: $10,813,6872022Assets 2024: $13,997,563Liabilities 2024: $820,531Net Assets 2024: $13,177,0322024

Highlighted filing

2024

Assets$13,997,563
Liabilities$820,531
Net Assets$13,177,032
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,342,9872010Expenses 2011: $1,661,6502011Expenses 2012: $1,528,7052012Revenue 2018: $2,966,610Expenses 2018: $2,800,154Net Income 2018: $166,4562018Revenue 2020: $3,408,810Expenses 2020: $3,600,336Net Income 2020: -$191,5262020Revenue 2022: $6,780,618Expenses 2022: $3,661,087Net Income 2022: $3,119,5312022Revenue 2024: $6,111,482Expenses 2024: $4,378,892Net Income 2024: $1,732,5902024

Highlighted filing

2024

Revenue$6,111,482
Expenses$4,378,892
Net Income$1,732,590
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$13,997,563
Liabilities
$820,531
Net assets
$13,177,032
Revenue
$6,111,482
Expenses
$4,378,892
Net income
$1,732,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$0.82$13.2$6.11$4.38$1.73
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$0.04$10.8$6.78$3.66$3.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.13$0.10$8.03$3.41$3.60$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.82$0.06$5.76$2.97$2.80$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.13$2.81$1.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.06$2.71$1.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.26$2.67$1.34
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 3, 2023
Return Version
2022v5.0
Gross Receipts
$10,144,717
Mission and Program Overview

Mission

The mission of save venice is to preserve, protect, and promote the artistic heritage of venice, italy. Save venice raises funds to finance art conservation and also provides grants for educational initiatives to advance venetian scholarship and conservation.

To raise funds to finance the restoration of works in venice, italy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,406,053$7,025,898▲ $619,845
Savings and Temporary Cash Investments$2,012,546$2,090,721▲ $78,175
Pledges and Grants Receivable$345,670$1,488,833▲ $1,143,163
Cash and Non-Interest-Bearing Accounts$197,084$140,852▼ $56,232
Prepaid Expenses and Deferred Charges$100,490$71,568▼ $28,922
Land, Buildings, and Equipment, Net$4,009$0▼ $4,009
Total Assets$9,102,042$10,854,062▲ $1,752,020
Other Assets Total$36,190$36,190→ $0
Liabilities
Deferred Revenue$70,685$0▼ $70,685
Accounts Payable and Accrued Expenses$25,345$40,375▲ $15,030
Total Liabilities$96,030$40,375▼ $55,655
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,931,777$8,160,789▲ $1,229,012
Net Assets With Donor Restrictions$2,074,235$2,652,898▲ $578,663
Total Net Assets Fund Balance$9,006,012$10,813,687▲ $1,807,675
Total Liabilities and Net Assets / Fund Balance$9,102,042$10,854,062▲ $1,752,020

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$64,263$64,263
Equipment$0$40,216$40,216
Leasehold Improvements$0$27,632$27,632
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy GrossExecutive DirectorFT$178,500$28,758$207,258

Board Members and Trustees

NameTitle
Frederick IlchmanChairman
Randolph H GuthrieChairman Emeritus
Tina WallsPresident
Terry StanfillPresident Emeritus
Alberto NardiVice President
Charles TolbertVice President
Lauren Santo DomingoVice President
Richard AlmeidaVice President
Adelina Wong EttelsonBoard Member
Alexandra Lind RoseBoard Member
Amy HarmonBoard Member
Andrew JonesBoard Member
Anne FitzpatrickBoard Member
Anthony G CapuanoBoard Member
Bara TischBoard Member
Beatrice EsteveBoard Member
Beatrice Rossi-landiBoard Member
Cd Dickerson IiiBoard Member
Charles ThompsonBoard Member
Claire BarryBoard Member
Davide GasparottoBoard Member
Dayssi Olarte De KanavosBoard Member
Elizabeth LockeBoard Member
Francesca Bortolotto PossatiBoard Member
Fred WilsonBoard Member
George C WhiteBoard Member
George M RudenauerBoard Member
Irina TolstoyBoard Member
Jesse Robert LovejoyBoard Member
John Leopoldo Fiorilla Di Santa CroBoard Member
Joseph O Rubinelli JrBoard Member
Juan M PrietoBoard Member
Larry DavisBoard Member
Lee Essex DoyleBoard Member
Lizzie Da Trindade-asherBoard Member
Martha Stires WrightBoard Member
Mary Ellen OldenburgBoard Member
Mary Kathryn NavabBoard Member
Mollie Ruprect AcquavellaBoard Member
Patricia Fortini BrownBoard Member
Sarah Blake MchamBoard Member
Tracey RobertsBoard Member
Tracy E CooperBoard Member
Xavier F SalomonBoard Member
Laura Maiologlio BlobelDirector Emeritus
Matthew WhiteDirector Emeritus
Christopher ApostleProject Director
Tia Furhmann ChapmanSecretary
Jeffrey BoltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,679,957
Program Service Revenue
$0
Investment Income
$231,528
Other Revenue
$-130,867
All Other Contributions
$3,346,025
Change in Net Assets
$3,119,531

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$68,299Fair Market Value (FMV)
Total Noncash Contributions2$68,299-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,770,375
Revenue Not Reported on Financial Statements
$10,243
Revenue Not Reported on Form 990
$-1,311,856
Total Revenue per Audited Statements
$5,458,519
Total Revenue per Form 990
$6,780,618
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,882,400
Salaries, Compensation, and Employee Benefits$778,687
Total Fundraising Expense$372,796
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$201,762$91,357$91,357$384,476
Current Officers, Directors, Trustees, and Key Employees$108,763$49,248$49,248$207,259
Other Employee Benefits$74,177$33,588$33,588$141,353
Office Expenses$69,074$63,533$4,624$137,231
Fees for Services Other$9,834$33,801$66,154$109,789
Occupancy$81,144$15,083$5,028$101,255
Travel$46,830$4,129$4,402$55,361
Fees for Services Accounting$2,610$8,969$28,367$39,946
Payroll Taxes$18,095$8,193$8,193$34,481
Insurance$1,464$12,270$687$14,421
Other Expenses$8,327$4,103$793$13,223
Pension Plan Contributions$5,834$2,642$2,642$11,118
Fees for Service Investment Mgmnt Fees-$10,243-$10,243
Fees for Services Legal$415$1,427$4,514$6,356
Depreciation Depletion-$4,009-$4,009
All Other Expenses$2,357--$2,357
Total Functional Expenses$2,945,609$342,682$372,796$3,661,087

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,661,087
Expenses per Audited Statements$3,650,844
Total Expenses per Audited Statements$3,650,844
Expenses Not Reported on Financial Statements$10,243
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
1
Employees
0
Spending
$2,238,875

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesRestoration Projects1-$2,238,875
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,151,178
Fundraising Gross Income$1,067,163
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Masked Ball$1,895,044-$242,819-
Venice Gala$1,596,561$1,067,163$193,472$873,691
Total Events$4,052,999$1,067,163$1,151,178$-84,015
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Randolph h. Guthrie (former chairman emeritus) and beatrice h. Guthrie (board member) have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is given to the outside accounting and to the executive director, chairman and treasurer prior to signing for approval.”

Form 990, Part VI, Section B, Line 12C

“Conflicts are reviewed annually at the annual board meeting.”

Form 990, Part VI, Section B, Line 15

“Compensation changes were reviewed by the executive committee, and approved by the board of directors. Comparable data was used in guiding the decision.”

Form 990, Part VI, Section C, Line 19

“The annual newsletter informs the public that the audited financial reports, governing documents & conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Save Venice Inc
EIN
23-7179996
Phone
2127373141
Address
133 EAST 58TH STREET 501, NEW YORK, NY 10022

Signing Officer

Name
Frederick Ilchman
Title
Chairman
Phone
2127373141
Signed
2023-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frederick Ilchman
Formed
1971
Legal Domicile
Ny
Voting Board Members
46
Independent Board Members
46
Employees
6
Volunteers
46

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Part III - Line 1

“The mission of save venice, inc. Is to protect the cultural patrimony of the city by raising funds to restore its monuments and works of art. Save venice, inc. Also has an educational mission to teach people about the cultural and history of venice through publications, educational trips, tours, lectures and events with themes pertaining to venice's history and festivals.”

Raw XML AppendixShowing 400 of 858 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt025345
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt040375
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IRS990/ActivityOrMissionDesc0TO RAISE FUNDS TO FINANCE THE RESTORATION OF WORKS IN VENICE, ITALY.
IRS990/AllOtherContributionsAmt03346025
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02357
IRS990/AllOtherExpensesGrp/TotalAmt02357
IRS990/AnnualDisclosureCoveredPrsnInd01
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IRS990/BackupWthldComplianceInd01
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IRS990/BooksInCareOfDetail/PhoneNum02127373141
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0133 EAST 58TH STREET SUITE 501
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990/ConsolidatedAuditFinclStmtInd00
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IRS990/Form990PartVIISectionAGrp/PersonNm0FREDERICK ILCHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1TINA WALLS
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD ALMEIDA
IRS990/Form990PartVIISectionAGrp/PersonNm3ALBERTO NARDI
IRS990/Form990PartVIISectionAGrp/PersonNm4LAUREN SANTO DOMINGO
IRS990/Form990PartVIISectionAGrp/PersonNm5CHARLES TOLBERT
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFFREY BOLTON
IRS990/Form990PartVIISectionAGrp/PersonNm7TIA FURHMANN CHAPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8CHRISTOPHER APOSTLE
IRS990/Form990PartVIISectionAGrp/PersonNm9RANDOLPH H GUTHRIE
IRS990/Form990PartVIISectionAGrp/PersonNm10TERRY STANFILL
IRS990/Form990PartVIISectionAGrp/PersonNm11MOLLIE RUPRECT ACQUAVELLA
IRS990/Form990PartVIISectionAGrp/PersonNm12CLAIRE BARRY
IRS990/Form990PartVIISectionAGrp/PersonNm13LAURA MAIOLOGLIO BLOBEL
IRS990/Form990PartVIISectionAGrp/PersonNm14FRANCESCA BORTOLOTTO POSSATI
IRS990/Form990PartVIISectionAGrp/PersonNm15PATRICIA FORTINI BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm16ANTHONY G CAPUANO
IRS990/Form990PartVIISectionAGrp/PersonNm17TRACY E COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm18LARRY DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm19CD DICKERSON III
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IRS990/Form990PartVIISectionAGrp/PersonNm21BEATRICE ESTEVE
IRS990/Form990PartVIISectionAGrp/PersonNm22ADELINA WONG ETTELSON
IRS990/Form990PartVIISectionAGrp/PersonNm23JOHN LEOPOLDO FIORILLA DI SANTA CRO
IRS990/Form990PartVIISectionAGrp/PersonNm24ANNE FITZPATRICK
IRS990/Form990PartVIISectionAGrp/PersonNm25DAVIDE GASPAROTTO
IRS990/Form990PartVIISectionAGrp/PersonNm26AMY HARMON
IRS990/Form990PartVIISectionAGrp/PersonNm27ANDREW JONES
IRS990/Form990PartVIISectionAGrp/PersonNm28DAYSSI OLARTE DE KANAVOS
IRS990/Form990PartVIISectionAGrp/PersonNm29ELIZABETH LOCKE
IRS990/Form990PartVIISectionAGrp/PersonNm30JESSE ROBERT LOVEJOY
IRS990/Form990PartVIISectionAGrp/PersonNm31SARAH BLAKE MCHAM
IRS990/Form990PartVIISectionAGrp/PersonNm32MARY KATHRYN NAVAB
IRS990/Form990PartVIISectionAGrp/PersonNm33MARY ELLEN OLDENBURG
IRS990/Form990PartVIISectionAGrp/PersonNm34JUAN M PRIETO
IRS990/Form990PartVIISectionAGrp/PersonNm35TRACEY ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm36ALEXANDRA LIND ROSE
IRS990/Form990PartVIISectionAGrp/PersonNm37BEATRICE ROSSI-LANDI
IRS990/Form990PartVIISectionAGrp/PersonNm38JOSEPH O RUBINELLI JR
IRS990/Form990PartVIISectionAGrp/PersonNm39GEORGE M RUDENAUER
IRS990/Form990PartVIISectionAGrp/PersonNm40XAVIER F SALOMON
IRS990/Form990PartVIISectionAGrp/PersonNm41CHARLES THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm42BARA TISCH
IRS990/Form990PartVIISectionAGrp/PersonNm43IRINA TOLSTOY
IRS990/Form990PartVIISectionAGrp/PersonNm44LIZZIE DA TRINDADE-ASHER
IRS990/Form990PartVIISectionAGrp/PersonNm45GEORGE C WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm46MATTHEW WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm47FRED WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm48MARTHA STIRES WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm49AMY GROSS
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