Supporting french-american cultural exchange in education and the arts

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$111K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.2M a year · 29% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$111K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
13 mo
of spending, in cash
Looks good: 12.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $90K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$219K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.9M
+115% vs prior year
Spent
$4.5M
To programs
92%
Net assets
$7.8M
By yearFY2020–FY2024
Revenue
$6.9M
FY2023▲ +115%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$4.4M
FY2022$3.2M
FY2023$6.9M
FY2024$5.6M
Expenses
$4.5M
FY2023▲ +43%
Tap a bar for its year
Expenses by fiscal year
FY2020$975K
FY2021$1.9M
FY2022$3.2M
FY2023$4.5M
FY2024$4.8M
Net assets
$7.8M
FY2023▲ +47%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.8M
FY2021$5.2M
FY2022$5.3M
FY2023$7.8M
FY2024$8.9M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1956.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $4.1M Management & general 5% · $230K Fundraising 3% · $140K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $111K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$111,000Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Laurent Auffret’s $119K as Executive Director is at the 47th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Laurent Auffret$119,195$111,000$105,000$95,000$91,923

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Albertine Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters French-American cultural exchange by funding collaborations, partnerships, and exhibitions between French and American artists, educators, curators, and cultural institutions.

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Provided by the organization

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3 programs · $673K · in their own filed words · FY2023
01

The french dual language fund (including fdlp-ny) provides high-quality bilingual education to children in public schools across the U.S.

$339Kprogram expense
02

Etant donnes contemporary art aims to strengthen ties between france and the U.S. In the field of contemporary art by fostering active collaboration and encouraging long-lasting partnerships between french visual artists, curators, and collectives and american curators and cultural institutions.

$189Kprogram expense
03

Community college in france aims at building connections between U.S. Community colleges and french higher education institutions, and increase diversity and inclusion in study abroad. As part of this initiative, the embassy of france and albertine foundation offer community college students with a strong interest in cultural exchange…

$145Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 351 grants · $4.5M · 2020–2024
Grants 5000FY2024$169,823
Coevent LLC Wanted DesignFY2024$33,000
Wexner Center FoundationOH · FY2024$30,000
Bellevue Schools FoundationWA · FY2024$30,000
Walker Art Center INCMN · FY2024$29,000
Unitemized GrantFY2024$22,500
University of DelawareDE · FY2024$18,000
New York Live Arts INCNY · FY2024$18,000
See all 351 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.9M
Ln 12
Gifts and grantsLn 1h$6.8M
Investment incomeLn 3$99K
Money outPt IX
$4.5M
Ln 25
Programscol B$4.1M
Managementcol C$230K
Fundraisingcol D$140K
Owns and owesPt X
$7.8M
net assets · Ln 32
Cash and savingsLn 1–2$4.8M
Total assetsLn 16$8.0M
LiabilitiesLn 26$219K
PeoplePt VI, VII
21
listed · VII A
PaidVII A1
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.8M
Government grantsLn 1e$1.4M
Investment incomeLn 3$99K
Gains on assetsLn 7$22K
Total revenueLn 12$6.9M
Assets in detailPt X, end of year
CashLn 1$2.0M
SavingsLn 2$2.7M
Cash and savings togetherLn 1–2$4.8M
InvestmentsLn 11–13$3.0M
Land, buildings, equipmentLn 10c$24K
Total assetsLn 16$8.0M
LiabilitiesLn 26$219K
Net assetsLn 32$7.8M
OperationsPt I, VI
EmployeesI 52
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$4.2M$4.8M
InvestmentsLn 11–13$1.1M$3.0M
Land, buildings, equipmentLn 10c$0$24K
Total assetsLn 16$5.5M$8.0M
LiabilitiesLn 26$215K$219K
Net assetsLn 32$5.3M$7.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.1M$1.1M
Grants to domestic individualsLn 2$62K$62K
Grants and assistance to foreign recipientsLn 3$784K$784K
Pay of current officers, directors and key staffLn 5$117K$70K$47K
Other salaries and wagesLn 7$68K$41K$27K
Other employee benefitsLn 9$12K$7K$5K
Payroll taxesLn 10$14K$8K$5K
Legal feesLn 11b$7K$4K$3K
Accounting feesLn 11c$95K$57K$38K
Investment management feesLn 11f$21K$21K
Other fees for servicesLn 11g$6K$4K$3K
Office expensesLn 13$13K$62$8K$5K
Information technologyLn 14$5K$24$3K$2K
TravelLn 17$2K$116$995$664
Conferences, conventions and meetingsLn 19$11K$695$6K$4K
Depreciation, depletion and amortizationLn 22$467$2$279$186
Other expenses (24a–d)Ln 24$2.2M$2.2M
Total functional expensesLn 25$4.5M$4.1M$230K$140K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $5.6M$4.8M$888K$8.9M 990 PDF
FY2023 Viewing $6.9M$4.5M$2.3M$7.8M 990 PDF
FY2022 $3.2M$3.2M$26K$5.3M 990 PDF
FY2021 $4.4M$1.9M$2.5M$5.2M 990 PDF
FY2020 $1.4M$975K$474K$2.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $6,852,363 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,166,577$6,753,101
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $18,384$99,262
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $3,184,961$6,852,363
I-13 Grants and similar amounts paidPrior year $1,468,308$1,960,560
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $178,180$210,447
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,512,501$2,331,820
I-18 Total expensesPrior year $3,158,989$4,502,827
I-19 Revenue less expensesPrior year $25,972$2,349,536
Part VI · Governance 19 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,852,363 across 6 lines filed
VIII-1e Government grants$1,367,112
VIII-1f All other contributions, gifts and grants$5,385,989
VIII-1h Total contributions, gifts and grants$6,753,101
VIII-3 Investment incomeExcluded from tax $77,254$77,254
VIII-7 Net gain or loss on sales of assetsExcluded from tax $22,008$22,008
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $99,262$6,852,363
Part IX · Statement of functional expenses $4,502,827 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $1,114,254$1,114,254
IX-2 Grants to domestic individualsPrograms $62,075$62,075
IX-3 Grants and assistance to foreign recipientsPrograms $784,231$784,231
IX-5 Pay of current officers, directors and key staffManagement $70,200 · Fundraising $46,800$117,000
IX-7 Other salaries and wagesManagement $40,848 · Fundraising $27,232$68,080
IX-9 Other employee benefitsManagement $7,000 · Fundraising $4,667$11,667
IX-10 Payroll taxesManagement $8,220 · Fundraising $5,480$13,700
IX-11b Legal feesManagement $4,400 · Fundraising $2,933$7,333
IX-11c Accounting feesManagement $57,008 · Fundraising $38,003$95,011
IX-11f Investment management feesManagement $20,565$20,565
IX-11g Other fees for servicesManagement $3,784 · Fundraising $2,522$6,306
IX-13 Office expensesPrograms $62 · Management $7,873 · Fundraising $5,247$13,182
IX-14 Information technologyPrograms $24 · Management $2,936 · Fundraising $1,958$4,918
IX-17 TravelPrograms $116 · Management $995 · Fundraising $664$1,775
IX-19 Conferences, conventions and meetingsPrograms $695 · Management $5,970 · Fundraising $3,979$10,644
IX-22 Depreciation, depletion and amortizationPrograms $2 · Management $279 · Fundraising $186$467
IX-24 Other expenses (24a–d)Programs $2,171,619$2,171,619
IX-25 Total functional expensesPrograms $4,133,078 · Management $230,078 · Fundraising $139,671$4,502,827
Part X · Balance sheet $7,995,089 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,071,629$2,025,647
X-2 Savings and temporary cash investmentsStart of year $3,171,389$2,729,438
X-3 Pledges and grants receivableStart of year $75,000$134,341
X-9 Prepaid expenses and deferred chargesStart of year $36,473$39,894
X-10c Land, buildings and equipment, netStart of year $0$23,685
X-11 Publicly traded securitiesStart of year $1,134,768$1,755,785
X-12 Other securities$1,286,299
X-16 Total assetsStart of year $5,489,259$7,995,089
X-17 Accounts payable and accrued expensesStart of year $34,099$179,043
X-18 Grants payableStart of year $180,786$40,000
X-26 Total liabilitiesStart of year $214,885$219,043
X-27 Net assets without donor restrictionsStart of year $354,852$552,393
X-28 Net assets with donor restrictionsStart of year $4,919,522$7,223,653
X-32 Total net assets or fund balancesStart of year $5,274,374$7,776,046
X-33 Total liabilities and net assetsStart of year $5,489,259$7,995,089
Part XI · Reconciliation of net assets $7,776,046 net assets at year end
XI-1 Total revenue$6,852,363
XI-2 Total expenses$4,502,827
XI-3 Revenue less expenses$2,349,536
XI-4 Net assets at start of year$5,274,374
XI-5 Net unrealized gains (losses) on investments$152,136
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,776,046

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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