PALAZZO STROZZI FOUNDATION USA INC

Address
One William Street 3rd floor
NEW YORK, NY 10004
Contact
Website: http://palazzostrozzi.us
Phone: +1 (212) 888-3484
Nonprofit
NTEE: A12 - Fund Raising and/or Fund Distribution
EIN: 27-0870538

Mission

THE ORGANIZATIONS MISSION, IN THIS ERA OF GLOBALIZATION, IS TO PRESERVE THE VALUES OF OPENNESS AND CREATIVITY OF THE RENAISSANCE, ONE OF THE FOUNDATIONS OF THE ENLIGHTENMENT AND OF MODERN WESTERN SOCIETIES.
 20162015201420132012
Basic features of the organization
Year of formation2009
Subsection code03
PF filing required0    
Metropolitan statistical area5602
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees00000
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors0000 
Personnel
Acidini, Cristina
TitleMEMBERMEMBERMEMBERMEMBERMEMBER
Name of key/compensated personCRISTINA ACIDINICRISTINA ACIDINICRISTINA ACIDINICRISTINA ACIDINICRISTINA ACIDINI
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Arena, Salvo
TitlesecretarySECRETARYSECRETARYSECRETARYSECRETARY
Name of key/compensated personSALVO ARENASALVO ARENASALVO ARENASALVO ARENASALVO ARENA
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Bodini, Daniele
TitlememBERMEMBERMEMBER  
Name of key/compensated personDaniele BodiniDANIELE BODINIDANIELE BODINI  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Bradburne, James
Title  MEMBERMEMBERMEMBER
Name of key/compensated person  JAMES BRADBURNEJAMES BRADBURNEJAMES BRADBURNE
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Calvo-Platero, Mario
TitleCHAIRMANCHAIRMANCHAIRMANCHAIRMANCHAIRMAN
Name of key/compensated personMARIO CALVO-PLATEROMARIO CALVO-PLATEROMARIO CALVO-PLATEROMARIO CALVO-PLATEROMARIO CALVO-PLATERO
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Farrow, Maria
TitleMEMBERMEMBERMEMBERMEMBERMEMBER
Name of key/compensated personMARIA MANETTI FARROWMARIA MANETTI FARROWMARIA MANETTI FARROWMARIA MANETTI FARROWMARIA MANETTI FARROW
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Galansino, Arturo
TitleMEMBERMEMBER   
Name of key/compensated personArturo GalansinoARTURO GALANSINO   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Pucci, Laudomia
TitleMEMBERMEMBERMEMBER  
Name of key/compensated personLAUDOMIA PUCCILAUDOMIA PUCCILAUDOMIA PUCCI  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Pucci, Laudonia
Title   MEMBERMEMBER
Name of key/compensated person   LAUDONIA PUCCILAUDONIA PUCCI
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTHE CORPORATION IS ORGANIZED TO SOLICIT CONTRIBUTIONS IN THE UNITED STATES AND ELSEWHERE FOR THE PURPOSE OF EDUCATING THE PUBLIC ABOUT HISTORY, CULTURE AND THE PROTECTION & MAINTENANCE OF HISTORICAL BUILDINGS THROUGHOUT THE WORLD.THE CORPORATION IS ORGANIZED TO SOLICIT CONTRIBUTIONS IN THE UNITED STATES AND ELSEWHERE FOR THE PURPOSE OF EDUCATING THE PUBLIC ABOUT HISTORY, CULTURE AND THE PROTECTION & MAINTENANCE OF HISTORICAL BUILDINGS THROUGHOUT THE WORLD.THE CORPORATION IS ORGANIZED TO SOLICIT CONTRIBUTIONS IN THE UNITED STATES AND ELSEWHERE FOR THE PURPOSE OF EDUCATING THE PUBLIC ABOUT HISTORY, CULTURE AND THE PROTECTION & MAINTENANCE OF HISTORICAL BUILDINGS THROUGHOUT THE WORLD.THE CORPORATION IS ORGANIZED TO SOLICIT CONTRIBUTIONS IN THE UNITED STATES AND ELSEWHERE FOR THE PURPOSE OF EDUCATING THE PUBLIC ABOUT HISTORY, CULTURE AND THE PROTECTION & MAINTENANCE OF HISTORICAL BUILDINGS THROUGHOUT THE WORLD.THE CORPORATION IS ORGANIZED TO SOLICIT CONTRIBUTIONS IN THE UNITED STATES AND ELSEWHERE FOR THE PURPOSE OF EDUCATING THE PUBLIC ABOUT HISTORY, CULTURE AND THE PROTECTION & MAINTENANCE OF HISTORICAL BUILDINGS THROUGHOUT THE WORLD.
Program service expenses, total$169,656.00$181,811.00$500,373.00$141,600.00$365,452.00
Programs, including revenue & expenses
EVENT WAS ORGANIZED FOR EDUCATIONAL PURPOSES AND TRAVEL FOR STUDENTS TO FLORENCE TO RAISE AWARENESS AND SUPPORT FOR THE EXHIBITS AND CULTURAL ACTIVITIES OF THE PALAZZO STROZZI.
Program expenses    $365,452.00
Program revenue    $428,975.00
Program description    EVENT WAS ORGANIZED FOR EDUCATIONAL PURPOSES AND TRAVEL FOR STUDENTS TO FLORENCE TO RAISE AWARENESS AND SUPPORT FOR THE EXHIBITS AND CULTURAL ACTIVITIES OF THE PALAZZO STROZZI.
PALAZZO STROZZI USA CONTRIBUTED UNRESTRICTED FUNDS TO THE FONDAZIONE PALAZZO STROZZI FOR GENERAL PURPOSES.
Program expenses  $180,000.00  
Program revenue  $180,000.00  
Program description  PALAZZO STROZZI USA CONTRIBUTED UNRESTRICTED FUNDS TO THE FONDAZIONE PALAZZO STROZZI FOR GENERAL PURPOSES.  
The Palazzo Strozzi High School Renaissance Award:The Award is an essay competition on the Renaissance for 11th grade public high school students. The winners will be provided with a fully funded one month trip to Italy to study the Renaissance and travel throughout the country.
Program expenses$115,195.00$122,297.00$222,220.00$105,186.00 
Program revenue$204,000.00$136,000.00$220,000.00$80,000.00 
Program descriptionThe Palazzo Strozzi High School Renaissance Award:The Award is an essay competition on the Renaissance for 11th grade public high school students. The winners will be provided with a fully funded one month trip to Italy to study the Renaissance and travel throughout the country.THE PALAZZO STROZZI HIGH SCHOOL RENAISSANCE AWARD:THE AWARD IS AN ESSAY COMPETITION ON THE RENAISSANCE FOR 11TH GRADE PUBLIC HIGH SCHOOL STUDENTS. THE WINNERS WILL BE PROVIDED WITH A FULLY FUNDED ONE MONTH TRIP TO ITALY TO STUDY THE RENAISSANCE AND TRAVEL THROUGHOUT THE COUNTRY.THE PALAZZO STROZZI HIGH SCHOOL RENAISSANCE AWARD:THE AWARD IS AN ESSAY COMPETITION ON THE RENAISSANCE FOR 11TH GRADE PUBLIC HIGH SCHOOL STUDENTS. THE WINNERS WILL BE PROVIDED WITH A FULLY FUNDED ONE MONTH TRIP TO ITALY TO STUDY THE RENAISSANCE AND TRAVEL THROUGHOUT THE COUNTRY. EXHIBITION:THE ORGANIZATION CONTRIBUTED TO THE FONDAZIONE PALAZZO STROZZI FOR THE EDUCATIONAL PROGRAMMING FOR THE EXHIBITION "BELLEZZA DIVINA TRA VAN GOGH, CHAGALL E FONTANA".THE AWARD IS AN ESSAY COMPETITION ON THE RENAISSANCE FOR 11TH GRADE PUBLIC HIGH SCHOOL STUDENTS. THE WINNERS WILL BE PROVIDED WITH A FULLY FUNDED ONE MONTH TRIP TO ITALY TO STUDY THE RENAISSANCE AND TRAVEL THROUGHOUT THE COUNTRY. 
The Renaissance Man or Woman of the Year Award:The Renaissance Man or woman of the Year Award is given to identify individuals who, over the course of their lives, have represented the Renaissance values that connect the Greek and Roman classical periods, the Enlightenment, and our own time.The Palazzo Strozzi Foundation USA will identify people who have had a life long impact on many different fields, Whether it be by breaking new frontiers, displaying extraordinary entrepreneurship, supporting philanthropy, humanistic disciplines and the arts, or by supporting social causes and global understanding in the international economy or society, these individuals have been directly involved in serving their or the international community for the common good.
Program expenses$54,461.00$59,514.00$98,153.00$36,414.00 
Program revenue$7,383.00$55,910.00$89,434.00$90,446.00 
Program descriptionThe Renaissance Man or Woman of the Year Award:The Renaissance Man or woman of the Year Award is given to identify individuals who, over the course of their lives, have represented the Renaissance values that connect the Greek and Roman classical periods, the Enlightenment, and our own time.The Palazzo Strozzi Foundation USA will identify people who have had a life long impact on many different fields, Whether it be by breaking new frontiers, displaying extraordinary entrepreneurship, supporting philanthropy, humanistic disciplines and the arts, or by supporting social causes and global understanding in the international economy or society, these individuals have been directly involved in serving their or the international community for the common good.THE RENAISSANCE MAN OR WOMAN OF THE YEAR AWARD:THE RENAISSANCE MAN OR WOMAN OF THE YEAR AWARD IS GIVEN TO IDENTIFY INDIVIDUALS WHO, OVER THE COURSE OF THEIR LIVES, HAVE REPRESENTED THE RENAISSANCE VALUES THAT CONNECT THE GREEK AND ROMAN CLASSICAL PERIODS, THE ENLIGHTENMENT, AND OUR OWN TIME.THE PALAZZO STROZZI FOUNDATION USA WILL IDENTIFY PEOPLE WHO HAVE HAD A LIFE LONG IMPACT ON MANY DIFFERENT FIELDS, WHETHER IT BE BY BREAKING NEW FRONTIERS, DISPLAYING EXTRAORDINARY ENTREPRENEURSHIP, SUPPORTING PHILANTHROPY, HUMANISTIC DISCIPLINES AND THE ARTS, OR BY SUPPORTING SOCIAL CAUSES AND GLOBAL UNDERSTANDING IN THE INTERNATIONAL ECONOMY OR SOCIETY, THESE INDIVIDUALS HAVE BEEN DIRECTLY INVOLVED IN SERVING THEIR OR THE INTERNATIONAL COMMUNITY FOR THE COMMON GOOD.THE RENAISSANCE MAN OR WOMAN OF THE YEAR AWARD:THE RENAISSANCE MAN OR WOMAN OF THE YEAR AWARD IS GIVEN TO IDENTIFY INDIVIDUALS WHO, OVER THE COURSE OF THEIR LIVES, HAVE REPRESENTED THE RENAISSANCE VALUES THAT CONNECT THE GREEK AND ROMAN CLASSICAL PERIODS, THE ENLIGHTENMENT, AND OUR OWN TIME.THE PALAZZO STROZZI FOUNDATION USA WILL IDENTIFY PEOPLE WHO HAVE HAD A LIFE LONG IMPACT ON MANY DIFFERENT FIELDS, WHETHER IT BE BY BREAKING NEW FRONTIERS, DISPLAYING EXTRAORDINARY ENTREPRENEURSHIP, SUPPORTING PHILANTHROPY, HUMANISTIC DISCIPLINES AND THE ARTS, OR BY SUPPORTING SOCIAL CAUSES AND GLOBAL UNDERSTANDING IN THE INTERNATIONAL ECONOMY OR SOCIETY, THESE INDIVIDUALS HAVE BEEN DIRECTLY INVOLVED IN SERVING THEIR OR THE INTERNATIONAL COMMUNITY FOR THE COMMON GOOD.THE RENAISSANCE MAN OR WOMAN OF THE YEAR AWARD IS GIVEN TO IDENTIFY INDIVIDUALS WHO, OVER THE COURSE OF THEIR LIVES, HAVE REPRESENTED THE RENAISSANCE VALUES THAT CONNECT THE GREEK AND ROMAN CLASSICAL PERIODS, THE ENLIGHTENMENT, AND OUR OWN TIME.THE PALAZZO STROZZI FOUNDATION USA WILL IDENTIFY PEOPLE WHO HAVE HAD A LIFE LONG IMPACT ON MANY DIFFERENT FIELDS. WHETHER IT BE BY BREAKING NEW FRONTIERS, DISPLAYING EXTRAORDINARY ENTREPRENEURSHIP, SUPPORTING PHILANTHROPY, HUMANISTIC DISCIPLINES AND THE ARTS, OR BY SUPPORTING SOCIAL CAUSES AND GLOBAL UNDERSTANDING IN THE INTERNATIONAL ECONOMY OR SOCIETY, THESE INDIVIDUALS HAVE BEEN DIRECTLY INVOLVED IN SERVING THEIR OR THE INTERNATIONAL COMMUNITY FOR THE COMMON GOOD. 
Financial data
Revenue
Total revenue$255,993.00$265,827.00$637,290.00$275,321.00$428,975.00
Revenue from contributions (total)$255,250.00$264,888.00$636,605.00$275,321.00$428,975.00
Investment income, current yr$743.00$939.00$685.00$0.00$0.00
Total revenue from grants, etc., current yr$255,250.00$264,888.00$636,605.00$275,321.00$428,975.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$255,993.00$265,827.00$637,290.00$275,321.00$428,975.00
Sources of contributions
Revenue from all other contributions$255,250.00$264,888.00$636,605.00$275,321.00$428,975.00
Other types of revenue
Income from dividends, interest, and similar investments$743.00$939.00$685.00  
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$209,604.00$229,413.00$558,684.00$180,829.00$388,862.00
Total functional expenses: program service $169,656.00$181,811.00$500,373.00$141,600.00$365,452.00
Total functional expenses: management and general$38,842.00$47,380.00$57,775.00$38,753.00$22,818.00
Total functional expenses: fundraising$1,106.00$222.00$536.00$476.00$592.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$637,545.00$591,156.00$554,742.00$476,136.00$376,275.00
Total assets, beginning of year$591,156.00$554,742.00$476,136.00$376,275.00$336,162.00
Total liabilities$0.00$0.00$0.00$0.00$0.00
Total liabilities, beginning of year$0.00$0.00$0.00$0.00$0.00
Unrestricted net assets, end of yr$297,741.00$293,079.00$266,764.00$177,219.00$111,573.00
Temporarily restricted net assets$339,804.00$298,077.00$287,978.00$298,917.00$264,702.00
Net assets$637,545.00$591,156.00$554,742.00$476,136.00$376,275.00
Net assets, beginning of year$591,156.00$554,742.00$476,136.00$376,275.00$336,162.00
Other assets  $0.00$50,000.00 
Cash: non-interest bearing$637,545.00$591,156.00$554,063.00$426,136.00$376,275.00
Cash: non-interest bearing, beginning of year$591,156.00$554,063.00$426,136.00$376,275.00$336,162.00
Other financial variables
Revenue less expenses$46,389.00$36,414.00$78,606.00$94,492.00$40,113.00
Prepaid expenses & deferred charges  $679.00  
Total net assets or fund balances$637,545.00$591,156.00$554,742.00$476,136.00$376,275.00
Governance and accountability
Number of voting members77777
Number of independent voting members00000
Financial sheets audited  TrueTrueTrue
Cash accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Reason for form submission
Amended returnTrue    
Date e-filing submitted2018-01-042017-02-222016-02-042014-10-222013-12-05
IRS schema version2016v3.02015v2.12014v5.02013v3.02012v2.1
Filing identifier201703399349300750201603139349301170201533159349300433201442239349300224201312279349303411
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