Civic Intelligence

Foundation for Italian Art and Culture-

EIN 32-0081843 • 501(c)3 • New York, NY

Profile

To spread italian culture in united states by organizing exhibitions, shows, displays of paitntings, sculptures and other visual arts in the united states and promoting the restoration of works of art in italy in order to preserve and promote italian culture.

112 E 71st Street 2ANew York, NY 10021

www.fiacfoundation.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.05x

Higher debt load relative to assets than 66% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.12x

Higher debt load relative to revenue than 76% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Source year 2024

Net Margin

26th percentile

-6.0%

Higher net margin than 26% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$70,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 24.1% of source-year revenue.

NTEE B • $500k-$1M nonprofits • Source year 2024

Asset Growth

51st percentile

5.4%

Faster asset growth than 51% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

4.9%

Faster revenue growth than 46% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$632,016

Up $32,259 (+5.4%) from 2023

Liabilities

Up

$34,637

Up $22,166 (+178%) from 2023

Net Assets

Up

$597,379

Up $10,093 (+1.7%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin26th percentile

Revenue

Up

$290,593

Up $13,661 (+4.9%) from 2023

Expenses

Up

$307,959

Up $107,564 (+54%) from 2023

Net Income

Down

-$17,366

Down $93,903 (-123%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

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

$800K$600K$400K$200K$0Assets 2012: $341,568Liabilities 2012: $7,000Net Assets 2012: $334,5682012Assets 2013: $342,437Liabilities 2013: $32,000Net Assets 2013: $310,4372013Assets 2014: $322,545Liabilities 2014: $7,000Net Assets 2014: $315,5452014Assets 2015: $368,992Liabilities 2015: $7,000Net Assets 2015: $361,9922015Assets 2016: $425,042Liabilities 2016: $7,000Net Assets 2016: $418,0422016Assets 2017: $442,983Liabilities 2017: $23,249Net Assets 2017: $419,7342017Assets 2018: $436,552Liabilities 2018: $12,416Net Assets 2018: $424,1362018Assets 2019: $443,530Liabilities 2019: $18,092Net Assets 2019: $425,4382019Assets 2020: $479,949Liabilities 2020: $12,416Net Assets 2020: $467,5332020Assets 2021: $407,893Liabilities 2021: $12,867Net Assets 2021: $395,0262021Assets 2022: $510,196Liabilities 2022: $17,331Net Assets 2022: $492,8652022Assets 2023: $599,757Liabilities 2023: $12,471Net Assets 2023: $587,2862023Assets 2024: $632,016Liabilities 2024: $34,637Net Assets 2024: $597,3792024

Highlighted filing

2024

Assets$632,016
Liabilities$34,637
Net Assets$597,379
Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2012: $161,4672012Revenue 2013: $190,260Expenses 2013: $214,391Net Income 2013: -$24,1312013Revenue 2014: $209,733Expenses 2014: $204,625Net Income 2014: $5,1082014Revenue 2015: $190,957Expenses 2015: $144,510Net Income 2015: $46,4472015Revenue 2016: $250,046Expenses 2016: $193,996Net Income 2016: $56,0502016Revenue 2017: $235,601Expenses 2017: $208,909Net Income 2017: $26,6922017Revenue 2018: $248,681Expenses 2018: $244,279Net Income 2018: $4,4022018Revenue 2019: $254,923Expenses 2019: $253,621Net Income 2019: $1,3022019Revenue 2020: $211,215Expenses 2020: $169,120Net Income 2020: $42,0952020Revenue 2021: $48,807Expenses 2021: $121,314Net Income 2021: -$72,5072021Revenue 2022: $295,183Expenses 2022: $197,344Net Income 2022: $97,8392022Revenue 2023: $276,932Expenses 2023: $200,395Net Income 2023: $76,5372023Revenue 2024: $290,593Expenses 2024: $307,959Net Income 2024: -$17,3662024

Highlighted filing

2024

Revenue$290,593
Expenses$307,959
Net Income-$17,366
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$632,016
Liabilities
$34,637
Net assets
$597,379
Revenue
$290,593
Expenses
$307,959
Net income
-$17,366
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.32$0.35$5.97$2.91$3.08$0.17
2023Detailed filing. Detailed filing data is available for this year.$6.00$0.12$5.87$2.77$2.00$0.77
2022Detailed filing. Detailed filing data is available for this year.$5.10$0.17$4.93$2.95$1.97$0.98
2021Detailed filing. Detailed filing data is available for this year.$4.08$0.13$3.95$0.49$1.21$0.73
2020Detailed filing. Detailed filing data is available for this year.$4.80$0.12$4.68$2.11$1.69$0.42
2019Detailed filing. Detailed filing data is available for this year.$4.44$0.18$4.25$2.55$2.54$0.01
2018Detailed filing. Detailed filing data is available for this year.$4.37$0.12$4.24$2.49$2.44$0.04
2017Detailed filing. Detailed filing data is available for this year.$4.43$0.23$4.20$2.36$2.09$0.27
2016Detailed filing. Detailed filing data is available for this year.$4.25$0.07$4.18$2.50$1.94$0.56
2015Detailed filing. Detailed filing data is available for this year.$3.69$0.07$3.62$1.91$1.45$0.46
2014Detailed filing. Detailed filing data is available for this year.$3.23$0.07$3.16$2.10$2.05$0.05
2013Detailed filing. Detailed filing data is available for this year.$3.42$0.32$3.10$1.90$2.14$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$0.07$3.35$1.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 14, 2025
Return Version
2024v5.2
Gross Receipts
$290,593
Mission and Program Overview

Mission

To spread italian culture in united states by organizing exhibitions, shows, displays of paitntings, sculptures and other visual arts in the united states and promoting the restoration of works of art in italy in order to preserve and promote italian culture.

To spread italian culture in the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$402,275$473,463▲ $71,188
Savings and Temporary Cash Investments$152,780$139,474▼ $13,306
Cash and Non-Interest-Bearing Accounts$43,328$19,079▼ $24,249
Prepaid Expenses and Deferred Charges$1,374--
Land, Buildings, and Equipment, Net$0--
Total Assets$599,757$632,016▲ $32,259
Liabilities
Accounts Payable and Accrued Expenses$12,471$34,637▲ $22,166
Total Liabilities$12,471$34,637▲ $22,166
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$587,286$597,379▲ $10,093
Total Net Assets Fund Balance$587,286$597,379▲ $10,093
Total Liabilities and Net Assets / Fund Balance$599,757$632,016▲ $32,259
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseTotal
OLIVIA D'APONTEExecutive DirectorPT$70,000$70,000

Board Members and Trustees

NameTitle
Amb Daniele BodiniChairman
Alani ElkannPresident
Carlo ClavarinoDirector
Donna Patrizia Memmo RuspoliDirector
Francesca BodiniDirector
John DysonDirector
Joseph PerellaDirector
Mario GabelliDirector
Massimo FerragamoDirector
William B AcquavellaDirector
Angie LoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$265,247
Program Service Revenue
$0
Investment Income
$25,346
Other Revenue
$0
All Other Contributions
$265,247
Change in Net Assets
$-17,366

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 Traded145$25,085Fair Value
Total Noncash Contributions145$25,085-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$237,542
Salaries, Compensation, and Employee Benefits$70,417
Total Fundraising Expense$6,614
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$63,375$3,521$3,521$70,417
Travel$35,658$1,981$1,981$39,620
Fees for Services Accounting$8,482$471$471$9,424
Office Expenses$8,046$448$447$8,941
Insurance$2,367$131$132$2,630
Occupancy$896$49$50$995
Other Expenses$212$11$12$235
Total Functional Expenses$294,733$6,612$6,614$307,959
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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 B, Line 11B

“The audit committee of the board reviews the 990 prior to filing. The board of directors is then informed that the 990 is available for review.”

Form 990, Part VI, Section B, Line 15

“None of the board members nor officers are compensated. Currently, only one consultant is hired whose compensation is determined by the chairman and the president.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Foundation for Italian Art and Culture-
EIN
32-0081843
Phone
2129801755
Address
112 E 71ST STREET 2A, NEW YORK, NY 10021

Signing Officer

Name
Angie Lo
Title
Treasurer
Phone
2129801755
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angie Lo
Formed
2004
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Chris Bellando
Phone
2126972299
Raw XML AppendixShowing 400 of 403 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.

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IRS990/Desc0ON MARCH 21, 2024, FIAC HOSTED THE 2023 FIAC EXCELLENCY AWARDS CEREMONY AND DINNER AT THE TENNIS AND RACQUET CLUB IN NEW YORK, HONORING AWARD RECIPIENT GIULIO MANIERI ELIA, DIRECTOR OF THE GALLERIE DELL'ACCADEMIA DI VENEZIA. THE EVENT FOLLOWED THE ANNUAL MEETING OF THE FIAC BOARD OF DIRECTORS.THROUGHOUT THE YEAR, FIAC CONTINUED TO CULTIVATE NEW PARTNERSHIPS AND INITIATIVES. THE BOARD APPOINTED DOTT. ANGELO CRESPI, DIRECTOR OF THE PINACOTECA DI BRERA, AS THE NEWEST MEMBER OF THE SCIENTIFIC BOARD.FIAC FINALIZED A PARTNERSHIP WITH THE GALLERIE DELL'ACCADEMIA IN VENICE AND THE CINCINNATI ART MUSEUM IN OHIO TO SUPPORT THE RESTORATION OF SEVERAL PAINTINGS BY TINTORETTO. TWO OF THE THREE MASTERPIECES FROM TINTORETTO'S GENESIS SERIES, RESTORED WITH FIAC'S SUPPORT, WILL BE FEATURED IN AN EXHIBITION AT THE CINCINNATI ART MUSEUM IN APRIL 2025.IN COLLABORATION WITH THE GALLERIA BORGHESE IN ROME, FIAC ALSO BEGAN THE PROCESS OF IDENTIFYING WORKS FOR FUTURE EXHIBITIONS IN THE UNITED STATES.ADDITIONALLY, FIAC PARTICIPATED IN THE SPONSORSHIP OPERA ITALIANA IN CENTRAL PARK, A FREE OPEN-AIR CONCERT HELD IN NEW YORK ON SEPTEMBER 24, 2024.FINALLY, PREPARATIONS ARE UNDERWAY FOR THE 2024 FIAC EXCELLENCY AWARDS CEREMONY AND DINNER, TO BE HELD ONCE AGAIN AT THE TENNIS AND RACQUET CLUB IN MARCH 2025.
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IRS990/MissionDesc0TO SPREAD ITALIAN CULTURE IN UNITED STATES BY ORGANIZING EXHIBITIONS, SHOWS, DISPLAYS OF PAITNTINGS, SCULPTURES AND OTHER VISUAL ARTS IN THE UNITED STATES AND PROMOTING THE RESTORATION OF WORKS OF ART IN ITALY IN ORDER TO PRESERVE AND PROMOTE ITALIAN CULTURE.
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt027459
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0587286
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0597379
IRS990/NoncashContributionsAmt025085
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt050
IRS990/OccupancyGrp/ManagementAndGeneralAmt049
IRS990/OccupancyGrp/ProgramServicesAmt0896
IRS990/OccupancyGrp/TotalAmt0995
IRS990/OfficeExpensesGrp/FundraisingAmt0447
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0448
IRS990/OfficeExpensesGrp/ProgramServicesAmt08046
IRS990/OfficeExpensesGrp/TotalAmt08941
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DIRECT PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1DINNER EVENT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt012
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011
IRS990/OtherExpensesGrp/ProgramServicesAmt0166495
IRS990/OtherExpensesGrp/ProgramServicesAmt19202
IRS990/OtherExpensesGrp/ProgramServicesAmt2212
IRS990/OtherExpensesGrp/TotalAmt0166495
IRS990/OtherExpensesGrp/TotalAmt19202
IRS990/OtherExpensesGrp/TotalAmt2235
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01374
IRS990/PrincipalOfficerNm0ANGIE LO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0261600
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015332
IRS990/PYOtherExpensesAmt0135933
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt076537
IRS990/PYSalariesCompEmpBnftPaidAmt064462
IRS990/PYTotalExpensesAmt0200395
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0276932
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-17366
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0152780
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0139474
IRS990ScheduleA/FactsAndCircumstancesTestTxt0FOUNDATION FOR ITALIAN ART AND CULTURE'S PERCENTAGE OF PUBLIC SUPPORT IS 23.51% HOWEVER, FOUNDATION FOR ITALIAN ART AND CULTURE'S PUBLIC SUPPORT IS MORE THAN 10% OF ITS TOTAL SUPPORT. IT HAS A SOLICITATION PLAN FOR ATTRACTING PUBLIC SUPPORT AND HAS A BROAD, REPRESENTATIVE GOVERNING BODY. ITS PROGRAM SERVICES DIRECTLY BENEFIT THE GENERAL PUBLIC. THEREFORE, FOUNDATION FOR ITALIAN ART AND CULTURE QUALIFIES FOR NON-PRIVATE FOUNDATION STATUS UNDER THE FACTS AND CIRCUMSTANCES TEST OF IRC SEC 170(B)(1)(A)(VI).
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0265247
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0261600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0289485
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt048750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0207800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01072882
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025346
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015332
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05699
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03415
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt049849
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.23510
IRS990ScheduleA/PublicSupportPY170Pct00.23640
IRS990ScheduleA/PublicSupportTotal170Amt0263945
IRS990ScheduleA/SubstantialContributorsTotAmt0808937
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0265247
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0261600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0289485
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0207800
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01072882
IRS990ScheduleA/TotalSupportAmt01122731
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt0145
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt025085
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AUDIT COMMITTEE OF THE BOARD REVIEWS THE 990 PRIOR TO FILING. THE BOARD OF DIRECTORS IS THEN INFORMED THAT THE 990 IS AVAILABLE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NONE OF THE BOARD MEMBERS NOR OFFICERS ARE COMPENSATED. CURRENTLY, ONLY ONE CONSULTANT IS HIRED WHOSE COMPENSATION IS DETERMINED BY THE CHAIRMAN AND THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0599757
IRS990/TotalAssetsEOYAmt0632016
IRS990/TotalAssetsGrp/BOYAmt0599757
IRS990/TotalAssetsGrp/EOYAmt0632016
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0265247
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06614
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06612
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0294733
IRS990/TotalFunctionalExpensesGrp/TotalAmt0307959
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012471
IRS990/TotalLiabilitiesEOYAmt034637
IRS990/TotalLiabilitiesGrp/BOYAmt012471
IRS990/TotalLiabilitiesGrp/EOYAmt034637
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0587286
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0597379
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0294733
IRS990/TotalReportableCompFromOrgAmt070000
IRS990/TotalRevenueGrp/ExclusionAmt025346
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0290593
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0599757
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0632016
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01981
IRS990/TravelGrp/ManagementAndGeneralAmt01981
IRS990/TravelGrp/ProgramServicesAmt035658
IRS990/TravelGrp/TotalAmt039620
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0112 E 71ST STREET 2A
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010021
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.FIACFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGIE LO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02129801755
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR ITALIAN ART AND CULTURE-
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O AMERICAN CONTINENTAL PROPERTIES LLC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0320081843
ReturnHeader/Filer/PhoneNum02129801755
ReturnHeader/Filer/USAddress/AddressLine1Txt0112 E 71ST STREET 2A
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010021
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131655065
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUTZ AND CARR CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0551 FIFTH AVENUE SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010176
ReturnHeader/PreparerPersonGrp/PhoneNum02126972299
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRIS BELLANDO
ReturnHeader/ReturnTs02025-10-14T09:49:09-05:00
ReturnHeader/ReturnTypeCd0990

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