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Buffalo Fine Arts Academy

Buffalo Akg Art Museum

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 166001555 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

Overview

What is Buffalo Fine Arts Academy?

The Buffalo Fine Arts Academy, established in 1862, is a nonprofit organization based in Buffalo, New York, with the US address at 1285 Elmwood Avenue, ZIP code 14222. Its primary mission is to foster and promote art in all its branches, making it the parent organization of the Buffalo AKG Art Museum, a prominent art museum in the country and a significant cultural and educational center in Western New York. The Academy is dedicated to both the local community and a wider art audience through an active program of collecting, educating, exhibiting, and interpreting art works, with a focus on the creative accomplishments of the 20th and 21st centuries. The organization currently employs 112 individuals.


Is Buffalo Fine Arts Academy legitimate?

Buffalo Fine Arts Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Fine Arts Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,284,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,705,297

For more financial information, click here


What is the mission statement of Buffalo Fine Arts Academy?
Who is the CEO of Buffalo Fine Arts Academy?
What is the revenue of Buffalo Fine Arts Academy?
Who are the executives of Buffalo Fine Arts Academy and what are their salaries?

The average compensation at Buffalo Fine Arts Academy during 2023 was $53,476. There are 112 employees and 200 volunteers at Buffalo Fine Arts Academy.

Here are 45 key members and their salaries:


Where can I find the form 990 for Buffalo Fine Arts Academy?

Mission Statement of Buffalo Fine Arts Academy

The Buffalo Fine Arts Academy, founded in 1862, is a pioneering organization dedicated to nurturing and advancing art in all its forms. Acting as the parent body of the esteemed Buffalo AKG Art Museum, this Academy is a significant cultural and educational hub in Western New York.

In its mission to promote, cultivate, and foster art, the Buffalo Fine Arts Academy maintains a robust program of collecting, educating, exhibiting, and interpreting artworks. With a particular emphasis on the creative achievements of the 20th and 21st centuries, the Academy attracts local and national audiences, making art accessible to a broad community.

The Academy's impact extends beyond its walls, as it functions as the parent organization of the Buffalo AKG Art Museum, one of the country's most prominent art institutions. Through its recognized and active program, the Buffalo Fine Arts Academy is dedicated to engaging, educating, and inspiring the public, ensuring that art remains an integral part of everyday life.

By serving both the local community and a wider art audience, the Buffalo Fine Arts Academy fosters a rich cultural landscape that celebrates the artistic accomplishments of the past and present. Through its collaborative initiatives, the Academy continues to shape the artistic landscape, making it a vital force in the world of art.

Impact

This information is meant to be a general summary of Buffalo Fine Arts Academy. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Buffalo Fine Arts Academy, through its parent organization, the Buffalo AKG Art Museum, has had a significant impact on promoting and fostering art in all its branches since its incorporation in 1862. The museum stands as one of the country's most prominent art institutions and serves as a crucial cultural and educational center in Western New York. It actively engages the local community and a wider art audience through its programs of collecting, educating, exhibiting, and interpreting art works, with a focus on the creative accomplishments of the 20th and 21st centuries. This impact extends beyond just preservation and acquisition of art, contributing to the enrichment of artistic appreciation and education in the region and beyond.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,503,683
  • Program Service Revenue: $803,958
  • Gross Receipts: $127,441,513

    • Assets and Liabilities:
  • Total Assets: $350,110,444
  • Total Liabilities: $8,546,706
  • Net Assets: $341,563,738
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBERSHIPS

    Revenue

    $591,952

    EDUCATION

    Revenue

    $115,441

    AUXILIARY SERVICES

    Revenue

    $76,565

    EXHIBITIONS

    Revenue

    $20,000

    Organization Details

    Founding Year

    1862

    Principal Officer

    Janne Siren Phd

    Main Address

    1285 ELMWOOD AVENUE, BUFFALO, NY, 14222

    NTEE Category

    Code: A25 - Arts

    If you are a representative of Buffalo Fine Arts Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.