The AAMC Foundation EIN 80-0083168 Form 990 (PDF) Claim this org

The AAMC Foundation

Not yet claimed Claim this org →

Educates the public on curators' roles and funds curators to better serve communities. For fiscal year 2025 it reported $911K in revenue, $1.1M in expenses, and $359K in net assets.Pt I

Founded
2003
Type
Public charity (501(c)(3)) · Arts & Culture
Location
New York, NY
Website
www.artcurators.org
Filings
6 on file (2020–2025)
Revenue
$911KFY2025
Expenses
$1.1M
Net assets
$359K
People
22
Filings
6
Updates
0
More identity details & actions ⌄
EIN  80-0083168 Public charity (501(c)(3)) New York, NY Founded 2003
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until The AAMC Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Educates the public on curators' roles and funds curators to better serve communities.
Leadership
Christina Yang · Executive Director · $80K
Money in and out
$911K revenue, $1.1M expenses
Bottom line
54% program efficiency
Where the money goes · FY2025
Total revenue
$911K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$359K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$237K
Where spending went · Part IX cols B–D
Program services $0.54 Management & general $0.26 Fundraising $0.20
Program efficiency
54%
of spending reaches programs▼ -6% vs prior filing year
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate▼ -69% vs prior filing year
Surplus margin
-26%
revenue over expenses, this year▼ -181% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$911K
FY2025▼ -46%
Expenses
$1.1M
FY2025-0.08%
Total assets
$395K
FY2025▼ -41%
Total liabilities
$35K
FY2025▼ -21%
Total revenue
$911K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$359K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$237K
Total assetsPt X · Ln 16$395K
Program-expense ratioPt IX · col B54%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe AAMC Foundation
EINHdr · item D80-0083168
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.artcurators.org
Year of formationHdr · item L2003
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFMar 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$79,647Pt VII · Sec A
$0Pt VII · Sec A
Vice President - Governance & Nominating
$0Pt VII · Sec A
Vice President - Outreach
$0Pt VII · Sec A
Vice President - Advocacy
$0Pt VII · Sec A
Vice Rpesident - Finance & Audit
$0Pt VII · Sec A
Vice President- Fundraising
$0Pt VII · Sec A
$0Pt VII · Sec A

Christina Yang’s $80K as Executive Director is at the 74th percentile of top reported officer pay among 2213 $100K–1M 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Judith Pineiro$165,949$175,070$157,849$126,156$117,827
Christina Yang$79,647
Daniel Belasco$1,500
Carolyn Royston$1,000

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 The AAMC Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $570K of program spending, described in the organization's own filed words · FY2025.
01

Professional Alliance for Curators of Color (pacc)

Pacc is a multifaceted initiative designed to support and accelerate a curators early career development. Founded in 2021, the program offers training sessions, workshops and the oversight of a curatorial advisor, as well as support through a professional network including a pairing with a senior curatorial mentor, a peer cohort, and…

$196Kprogram expense
02

Propel 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.

$187Kprogram expense
03

Annual Conference

The largest gathering of nonprofit art curators globally, providing events, networking, talks, and presentations accross multiple days.

$187Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$790K · 87%
Program service revenue$116K · 13%
Other revenue$5K · 1%
Contributions & grants87%$790K
Program service revenue13%$116K
Other revenue1%$5K
Investment income$45
— government grantsLn 1e$70K
Total revenueLn 12$911K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.54 Management & general $0.26 Fundraising $0.20
Program services54%$620K
Management & general26%$301K
Fundraising20%$227K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$164K
Total assetsLn 16$395K
Total liabilitiesLn 26$35K
Total net assetsLn 32$359K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $164K · Operating expenses/yr $1.1M
1.7 months
Where the money goes
Program services
Program services $620K · Total expenses $1.1M
54%
Management & General
Management & general $301K · Total expenses $1.1M
26%
Fundraising
Fundraising $227K · Total expenses $1.1M
20%
Cost to raise $1
Fundraising expense (3-yr avg) $203K · Solicited contributions (3-yr avg) $759K
$0.27 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $790K · Total revenue $911K
87%
Government reliance
Government grants $70K · Total revenue $911K
8%
Earned-income share
Program service revenue $116K · Total revenue $911K
13%
Investment reliance
Investment income $45 · Total revenue $911K
<0.01%
Program self-sufficiency
Program service revenue $116K · Total expenses $1.1M
10%
Growth & trend
Revenue growth (YoY)
This year $911K · Prior year $1.7M
-46%
Revenue CAGR
FY2020 $380K · FY2025 $911K
+19%
Net-asset trend (YoY)
End of year $359K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $911K · Expenses $1.1M
-26%
Liabilities-to-Assets
Total liabilities — · Total assets $395K
Net-asset ratio
Net assets $359K · Total assets $395K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $395K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christina Yang · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $80K · Total expenses $1.1M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $429K · Total expenses $1.1M
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 54%
Overhead ratio 26%
Fundraising cost ratio 29%
Revenue growth -46%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$125K
Grants paid · 5 grants · $555K · 2020–2025
Unitemized GrantFY2025$113,150
Unitemized GrantFY2023$104,706
Unitemized GrantFY2022$221,437
Unitemized GrantFY2021$84,104
Unitemized GrantFY2020$31,478

Similar Organizations

Closest in mission — by what they do
See all organizations like The AAMC Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$911K revenue · viewing · ⤓ 990 PDF
FY2024$1.7M revenue · ⤓ 990 PDF
FY2023$628K revenue · ⤓ 990 PDF
FY2022$505K revenue · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF
FY2020$380K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.