Civic Intelligence

The Aamc Foundation

EIN 80-0083168 • 501(c)3 • New York, NY

Pub. 78 EligibleNTEE A25

View Organization Page

Profile

The aamc foundation was formed to heighten public understanding of the curator's role through lectures, symposia, and published materials and to award grants to curators to improve their ability to serve the public.

205 Lexington AvenueNew York, NY 10016

www.artcurators.org

Siviq Scores

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

Liabilities / Assets

51st percentile

0.07x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

82nd percentile

32%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $1M-$5M 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

56th percentile

6.3%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

170%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$663,949

Up $39,318 (+6.3%) from 2023

Liabilities

Down

$45,052

Down $503,375 (-92%) from 2023

Net Assets

Up

$618,897

Up $542,693 (+712%) from 2023

Operations
Liabilities / Revenue36th percentileNet Margin82nd percentile

Revenue

Up

$1,691,857

Up $1,064,207 (+170%) from 2023

Expenses

Up

$1,149,164

Up $313,062 (+37%) from 2023

Net Income

Up

$542,693

Up $751,145 (+360%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,502,044Liabilities 2010: $29,705Net Assets 2010: $1,472,3392010Assets 2011: $938,865Liabilities 2011: $17,657Net Assets 2011: $921,2082011Assets 2012: $2,388,511Liabilities 2012: $35,806Net Assets 2012: $2,352,7052012Assets 2013: $3,250,247Liabilities 2013: $77,079Net Assets 2013: $3,173,1682013Assets 2014: $234,929Liabilities 2014: $101,3812014Assets 2015: $290,346Liabilities 2015: $138,996Net Assets 2015: $151,3502015Assets 2016: $382,255Liabilities 2016: $152,068Net Assets 2016: $230,1872016Assets 2017: $204,730Liabilities 2017: $28,017Net Assets 2017: $176,7132017Assets 2018: $429,807Liabilities 2018: $18,387Net Assets 2018: $411,4202018Assets 2019: $406,102Liabilities 2019: $10,056Net Assets 2019: $396,0462019Assets 2020: $336,676Liabilities 2020: $63,652Net Assets 2020: $273,0242020Assets 2021: $1,112,180Liabilities 2021: $302,254Net Assets 2021: $809,9262021Assets 2022: $789,193Liabilities 2022: $504,537Net Assets 2022: $284,6562022Assets 2023: $624,631Liabilities 2023: $548,427Net Assets 2023: $76,2042023Assets 2024: $663,949Liabilities 2024: $45,052Net Assets 2024: $618,8972024

Highlighted filing

2024

Assets$663,949
Liabilities$45,052
Net Assets$618,897
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $644,4112010Revenue 2011: $817,265Expenses 2011: $730,407Net Income 2011: $86,8582011Expenses 2012: $777,2772012Revenue 2013: $1,672,754Expenses 2013: $876,641Net Income 2013: $796,1132013Revenue 2014: $152,799Expenses 2014: $3,192,419Net Income 2014: -$3,039,6202014Revenue 2015: $197,973Expenses 2015: $200,995Net Income 2015: -$3,0222015Revenue 2016: $396,158Expenses 2016: $317,321Net Income 2016: $78,8372016Revenue 2017: $264,772Expenses 2017: $318,246Net Income 2017: -$53,4742017Revenue 2018: $526,667Expenses 2018: $291,960Net Income 2018: $234,7072018Revenue 2019: $359,797Expenses 2019: $375,171Net Income 2019: -$15,3742019Revenue 2020: $379,660Expenses 2020: $381,862Net Income 2020: -$2,2022020Revenue 2021: $1,037,534Expenses 2021: $500,632Net Income 2021: $536,9022021Revenue 2022: $505,075Expenses 2022: $1,030,345Net Income 2022: -$525,2702022Revenue 2023: $627,650Expenses 2023: $836,102Net Income 2023: -$208,4522023Revenue 2024: $1,691,857Expenses 2024: $1,149,164Net Income 2024: $542,6932024

Highlighted filing

2024

Revenue$1,691,857
Expenses$1,149,164
Net Income$542,693
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$663,949
Liabilities
$45,052
Net assets
$618,897
Revenue
$1,691,857
Expenses
$1,149,164
Net income
$542,693
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.66$0.05$0.62$1.69$1.15$0.54
2023Detailed filing. Detailed filing data is available for this year.$0.62$0.55$0.08$0.63$0.84$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.50$0.28$0.51$1.03$0.53
2021Detailed filing. Detailed filing data is available for this year.$1.11$0.30$0.81$1.04$0.50$0.54
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.06$0.27$0.38$0.38$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$0.36$0.38$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$0.53$0.29$0.23
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.03$0.18$0.26$0.32$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.15$0.23$0.40$0.32$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.14$0.15$0.20$0.20$0.00
2014Summary only. Only limited summary data is available for this year.$0.23$0.10$0.15$3.19$3.04
2013Detailed filing. Detailed filing data is available for this year.$3.25$0.08$3.17$1.67$0.88$0.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.04$2.35$0.78
2011Summary only. Only limited summary data is available for this year.$0.94$0.02$0.92$0.82$0.73$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.03$1.47$0.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 21, 2025
Return Version
2024v5.1
Gross Receipts
$1,691,857
Mission and Program Overview

Mission

The aamc foundation was formed to heighten public understanding of the curator's role through lectures, symposia, and published materials and to award grants to curators to improve their ability to serve the public.

The aamc foundation was formed to heighten public understanding of the curators role through lectures, symposia, and published materials and to award grants to curators to improve their ability to serve the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$123,818$283,002▲ $159,184
Savings and Temporary Cash Investments$238,317$243,557▲ $5,240
Pledges and Grants Receivable$221,146$93,777▼ $127,369
Prepaid Expenses and Deferred Charges$40,430$38,870▼ $1,560
Land, Buildings, and Equipment, Net$920$552▼ $368
Total Assets$624,631$663,949▲ $39,318
Other Assets Total-$4,191-
Liabilities
Other Liabilities$502,248$0▼ $502,248
Accounts Payable and Accrued Expenses$46,179$40,802▼ $5,377
Deferred Revenue-$4,250-
Total Liabilities$548,427$45,052▼ $503,375
Net Assets / Fund Balance
Net Assets With Donor Restrictions$190,175$456,335▲ $266,160
Net Assets Without Donor Restrictions$-113,971$162,562▲ $276,533
Total Net Assets Fund Balance$76,204$618,897▲ $542,693
Total Liabilities and Net Assets / Fund Balance$624,631$663,949▲ $39,318

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$5,748$5,748
Equipment$552$3,054$3,606
Land$0--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseOtherTotal
Judith PineiroExecutive Director (resigned During 2024)$165,949$13,990$179,939
Judith Pineiro-$164,684$15,255$179,939

Board Members and Trustees

NameTitle
Michelle JacquesPresident
Juliet SorceVice President - Advocacy
Lauren HaynesVice President - Fundraising
Lynda HartiganVice President - Governance & Nominating
Tuliza FlemingVice President - Inclusion & Outreach
Beth CitronDirector
Carolyn RoystonDirector
Daniel BelascoDirector
Hutchinson IsabellaDirector
Jose DiazDirector
Lenz EmilyDirector
Sim CherylDirector
Soyoung LeeDirector
Tanya OdomDirector
Wendy ChangDirector
Whitney DonhauserDirector
Wolfram KoeppeDirector
Ahtone HeatherVice Rpesident - Finance & Audit
MARY KATE O'HAREVice Rpesident - Finance & Audit
Revenue and Support

Revenue Composition

Contributions and Grants
$1,038,907
Program Service Revenue
$140,332
Investment Income
$255
Other Revenue
$512,363
All Other Contributions
$715,645
Change in Net Assets
$542,693

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,691,857
Revenue Not Reported on Form 990
$32,234
Total Revenue per Audited Statements
$1,724,091
Total Revenue per Form 990
$1,691,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$591,143
Salaries, Compensation, and Employee Benefits$454,694
Total Fundraising Expense$234,767
Grants and Similar Amounts Paid$103,327
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$91,725$49,327$78,106$219,158
Fees for Services Other$115,687$41,724$42,797$200,208
Current Officers, Directors, Trustees, and Key Employees$68,161$34,080$34,080$136,321
Conferences and Meetings$98,652$0$0$98,652
Grants to Domestic Orgs$76,606--$76,606
Fees for Services Accounting$5,007$55,059$5,007$65,073
Other Employee Benefits$25,303$16,393$21,947$63,643
Occupancy$24,043$12,543$16,870$53,456
Information Technology$20,721$8,378$15,931$45,030
Travel$38,551$4,786$31$43,368
Payroll Taxes$13,799$7,198$9,682$30,679
Foreign Grants$26,721--$26,721
All Other Expenses$22,935$1,103$0$24,038
Fees for Services Legal$1,647$11,695$0$13,342
Advertising$11,157$0$0$11,157
Office Expenses$3,930$1,872$4,759$10,561
Insurance$3,965$2,069$2,782$8,816
Pension Plan Contributions$3,806$687$400$4,893
Other Expenses$0$3,002$0$3,002
Depreciation Depletion$166$86$116$368
Total Functional Expenses$659,304$255,093$234,767$1,149,164

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,181,398
Expenses per Audited Statements$1,149,164
Total Expenses per Form 990$1,149,164
Expenses Not Reported on Form 990$32,234
International Activity

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
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to the Association of Art Museum Curators$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Aamc Foundation
EIN
80-0083168
Phone
6466837554
Address
205 LEXINGTON AVENUE, NEW YORK, NY 10016

Signing Officer

Name
MARY KATE O'HARE
Title
Vice President- Finance & Audit
Phone
6466837554
Signed
2025-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
MARY KATE O'HARE
Formed
2003
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
19
Employees
5
Volunteers
19

Preparer

Firm
Rich and Bander Llp
Address
79 MADISON AVE 2ND FLOOR, NEW YORK, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Members of the aamc are art curators working in the non-profit section, including full-time, part-time, and those working independently. Curators working in for-profit settings more than 50% of the time are not eligible. Members are accepted regardless of career level, but must be working in the field and not only students of the profession. Membership is international and global in scope.”

Pt VI, Line 7A

“Members elect the governing body.”

Pt VI, Line 7B

“These bylaws may be altered, amended, or repealed and new bylaws may be adopted by a vote of a majority of the members at any annual members meeting or at any special members meeting when the proposed amendment has been set out in the notice of such meeting, or by the unanimous written consent of the members.”

Pt VI, Line 11B

“The form 990 is provided to the finance chairs, executive committee, and finance committee and also to the full board to review and approve before it is submitted to the irs.”

Pt VI, Line 12C

“Annually, all directors and officers complete and sign a statement that provides information regarding their interests and those of their family members that could give rise to conflicts. The members of the governing body make determinations of whether a conflict exists and review actual conflicts. Any person with a conflict is prohibited from participating in the governing bodys deliberations and decisions in the transaction.”

Pt VI, Line 19

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

Form 990, Part III, Line 4D

“The programs support and promote the work of nonprofit 49976. 0. 17080.”

Form 990, Part IX, Line 11G

“Speaker stipends 31842. 31842. 0. 0.”

Form 990, Part IX, Line 11G

“Graphic design 16050. 16050. 0. 0.”

Form 990, Part IX, Line 11G

“Payroll service 3794. 1707. 890. 1197.”

Form 990, Part IX, Line 11G

“Interim executive directior 52800. 0. 26400. 26400.”

Form 990, Part IX, Line 11G

“Pacc consultants 41610. 41610. 0. 0.”

Form 990, Part IX, Line 11G

“Other professional fees 54112. 24478. 14434. 15200.”

Financial Statement Notes

Pt X, Line 2

“The organization has evaluated its current tax positions and has concluded that as of december 31, 2024, the organization does not have any significant uncertain tax positons for which a reservce would be necessary.”

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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/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR (RESIGNED DURING 2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT - FUNDRAISING
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT - ADVOCACY
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE RPESIDENT - FINANCE & AUDIT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE RPESIDENT - FINANCE & AUDIT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT - INCLUSION & OUTREACH
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROPEL PROGRAM (FORMERLY MENTORSHIP PROGRAM) - A MULTIFACETED INITIATIVE DESIGNED TO SUPPORT AND ACCELERATE A CURATORS MID-CAREER ADVANCEMENT. THE PROGRAM IS THE LONGEST RUNNING INITIATIVE OF ITS KIND OFFERING BOTH TRAINING SESSIONS AND WORKSHOPS AS WELL AS SUPPORT THROUGH A PROFESSIONAL NETWORK INCLUDING A PAIRING WITH A SENIOR CURATORIAL MENTOR, A PEER COHORT, AND ALUMNI COMMUNITY.
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