Save Venice INC FY2022 filing

Tax-deductible

New York, NY501(c)(3)Since 1971InternationalEIN 23-7179996

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

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$178K 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

FY2022 · 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
3 of 5
filings with a surplus
Average surplus $957K a year · 20% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$178K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
35
named funders · $2.4M
Looks good: 35 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$40K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
46
of 46 voting members
Looks good: 46 of 46 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.8M
+66% vs prior year
Spent
$3.7M
To programs
80%
Net assets
$10.8M
By yearFY2020–FY2024
Revenue
$6.8M
FY2022▲ +66%
Revenue by fiscal year
FY2020$3.4M
FY2021$4.1M
FY2022$6.8M
FY2023$3.6M
FY2024$6.1M
Expenses
$3.7M
FY2022▲ +29%
Expenses by fiscal year
FY2020$3.6M
FY2021$2.8M
FY2022$3.7M
FY2023$4.7M
FY2024$4.4M
Net assets
$10.8M
FY2022▲ +20%
Net assets by fiscal year
FY2020$8.0M
FY2021$9.0M
FY2022$10.8M
FY2023$10.6M
FY2024$13.2M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Mar 1971.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $2.9M Management & general 9% · $343K Fundraising 10% · $373K

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

Who runs it and what they're paid

50 people listed on the 990; $178K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$178,500Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Amy Gross’s $225K as Executive Director; Ex Off is at the 82nd percentile of top reported officer pay among 1168 $1–10M international 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
Amy Gross$225,250$210,000$178,500$148,856$150,263

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 Save Venice INC 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds restoration of artworks in Venice, Italy.

Provided by the organization

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1 program service account for $2.9M of program spending, described in the organization's own filed words · FY2022.
01

Save venice, inc., raises funds to restore art works and architecture in venice, italy.

$2.9Mprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 35 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$6.8M
Ln 12
Gifts and grantsLn 1h$6.7M
Investment incomeLn 3$232K
Money outPt IX
$3.7M
Ln 25
Programscol B$2.9M
Managementcol C$343K
Fundraisingcol D$373K
Owns and owesPt X
$10.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$10.9M
LiabilitiesLn 26$40K
PeoplePt VI, VII
50
listed · VII A
PaidVII A1
Voting boardVI 1a46
IndependentVI 1b46
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.7M
Noncash giftsLn 1g$68K
Fundraising eventsLn 1c$3.0M
Investment incomeLn 3$232K
Gains on assetsLn 7$32K
Total revenueLn 12$6.8M
Assets in detailPt X, end of year
CashLn 1$141K
SavingsLn 2$2.1M
Cash and savings togetherLn 1–2$2.2M
InvestmentsLn 11–13$7.0M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$36K
Total assetsLn 16$10.9M
LiabilitiesLn 26$40K
Net assetsLn 32$10.8M
OperationsPt I, VI
EmployeesI 57
VolunteersI 651
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 FY22End FY22
Cash and savingsLn 1–2$2.2M$2.2M
InvestmentsLn 11–13$6.4M$7.0M
Land, buildings, equipmentLn 10c$4K$0
Total assetsLn 16$9.1M$10.9M
LiabilitiesLn 26$96K$40K
Net assetsLn 32$9.0M$10.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$207K$109K$49K$49K
Other salaries and wagesLn 7$384K$202K$91K$91K
Pension plan contributionsLn 8$11K$6K$3K$3K
Other employee benefitsLn 9$141K$74K$34K$34K
Payroll taxesLn 10$34K$18K$8K$8K
Legal feesLn 11b$6K$415$1K$5K
Accounting feesLn 11c$40K$3K$9K$28K
Investment management feesLn 11f$10K$10K
Other fees for servicesLn 11g$110K$10K$34K$66K
Office expensesLn 13$137K$69K$64K$5K
OccupancyLn 16$101K$81K$15K$5K
TravelLn 17$55K$47K$4K$4K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$14K$1K$12K$687
Other expenses (24a–d)Ln 24$2.4M$2.3M$4K$74K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$3.7M$2.9M$343K$373K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6.1M$4.4M$1.7M$13.2M 990 PDF
FY2023 $3.6M$4.7M−$1.1M$10.6M 990 PDF
FY2022 Viewing $6.8M$3.7M$3.1M$10.8M 990 PDF
FY2021 $4.1M$2.8M$1.2M$9.0M 990 PDF
FY2020 $3.4M$3.6M−$192K$8.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $6,780,618 across 11 lines filed
VIII-1b Membership dues$348,096
VIII-1c Fundraising events$2,985,836
VIII-1f All other contributions, gifts and grants$3,346,025
VIII-1g Noncash contributions (included above)$68,299
VIII-1h Total contributions, gifts and grants$6,679,957
VIII-3 Investment incomeExcluded from tax $199,613$199,613
VIII-5 RoyaltiesExcluded from tax $130$130
VIII-7 Net gain or loss on sales of assetsExcluded from tax $31,915$31,915
VIII-8 Net income from fundraising eventsExcluded from tax −$84,015−$84,015
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax −$46,982−$46,982
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $100,661$6,780,618
Part IX · Statement of functional expenses $3,661,087 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $108,763 · Management $49,248 · Fundraising $49,248$207,259
IX-7 Other salaries and wagesPrograms $201,762 · Management $91,357 · Fundraising $91,357$384,476
IX-8 Pension plan contributionsPrograms $5,834 · Management $2,642 · Fundraising $2,642$11,118
IX-9 Other employee benefitsPrograms $74,177 · Management $33,588 · Fundraising $33,588$141,353
IX-10 Payroll taxesPrograms $18,095 · Management $8,193 · Fundraising $8,193$34,481
IX-11b Legal feesPrograms $415 · Management $1,427 · Fundraising $4,514$6,356
IX-11c Accounting feesPrograms $2,610 · Management $8,969 · Fundraising $28,367$39,946
IX-11f Investment management feesManagement $10,243$10,243
IX-11g Other fees for servicesPrograms $9,834 · Management $33,801 · Fundraising $66,154$109,789
IX-13 Office expensesPrograms $69,074 · Management $63,533 · Fundraising $4,624$137,231
IX-16 OccupancyPrograms $81,144 · Management $15,083 · Fundraising $5,028$101,255
IX-17 TravelPrograms $46,830 · Management $4,129 · Fundraising $4,402$55,361
IX-22 Depreciation, depletion and amortizationManagement $4,009$4,009
IX-23 InsurancePrograms $1,464 · Management $12,270 · Fundraising $687$14,421
IX-24 Other expenses (24a–d)Programs $2,323,250 · Management $4,190 · Fundraising $73,992$2,401,432
IX-24e All other expensesPrograms $2,357$2,357
IX-25 Total functional expensesPrograms $2,945,609 · Management $342,682 · Fundraising $372,796$3,661,087
Part X · Balance sheet $10,854,062 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $197,084$140,852
X-2 Savings and temporary cash investmentsStart of year $2,012,546$2,090,721
X-3 Pledges and grants receivableStart of year $345,670$1,488,833
X-9 Prepaid expenses and deferred chargesStart of year $100,490$71,568
X-10c Land, buildings and equipment, netStart of year $4,009$0
X-11 Publicly traded securitiesStart of year $6,406,053$7,025,898
X-15 Other assetsStart of year $36,190$36,190
X-16 Total assetsStart of year $9,102,042$10,854,062
X-17 Accounts payable and accrued expensesStart of year $25,345$40,375
X-19 Deferred revenueStart of year $70,685$0
X-26 Total liabilitiesStart of year $96,030$40,375
X-27 Net assets without donor restrictionsStart of year $6,931,777$8,160,789
X-28 Net assets with donor restrictionsStart of year $2,074,235$2,652,898
X-32 Total net assets or fund balancesStart of year $9,006,012$10,813,687
X-33 Total liabilities and net assetsStart of year $9,102,042$10,854,062
Part XI · Reconciliation of net assets $10,813,687 net assets at year end
XI-1 Total revenue$6,780,618
XI-2 Total expenses$3,661,087
XI-3 Revenue less expenses$3,119,531
XI-4 Net assets at start of year$9,006,012
XI-5 Net unrealized gains (losses) on investments−$1,311,856
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,813,687

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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