VENETIAN HERITAGE INC Charity Report

Public IRS 990 nonprofit record

VENETIAN HERITAGE INC

EIN 52-2143244 · Visual Arts (A40)

What they do

THE MISSION of VENETIAN HERITAGE is to ENCOURAGE and SUPPORT ARTISTIC and INTELLECTUAL INITIATIVES and CULTURAL EXCHANGE BETWEEN THE U.S. and ITALY; to SAFEGUARD VENETIAN CULTURAL HERITAGE AS MANIFESTED IN ARCHITECTURE, MUSIC and FINE ARTS IN VENICE and ITS FORMER DOMINION; to SPONSOR EXHIBITIONS, LECTURES and CONFERENCES INTENDED to STIMULATE INTEREST IN THE URGENT and NEVER-ENDING NEEDS of VENICE, and to FAMILIARIZE PEOPLE ALL OVER THE WORLD WITH THE PROBLEMS of THE CITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

122.22%of revenue went to mission work91.7% of expenses · Program services

3.98%of revenue went to fundraising3.0% of expenses

$133.25spent for every $100 of revenueSpending was higher than revenue this year.

7.05%of revenue went to management and office costs5.3% of expenses

$1.29in assets for every $1 spent this yearSome assets cannot be spent right away.

84.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $481,577 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,448,327

Mission workProgram services$1,770,190122.22% of revenue91.7% of expenses

ManagementOffice and general costs$102,1427.05% of revenue5.3% of expenses

FundraisingAsking for donations$57,5723.98% of revenue3.0% of expenses

Total expenses$1,929,904133.25% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.7% mission · 5.3% management · 3.0% fundraisingTotal expenses: 133.25% of revenue

2023Expense mix: 72.3% mission · 15.8% management · 11.9% fundraisingTotal expenses: 16.03% of revenue

2022Expense mix: 80.2% mission · 10.0% management · 9.8% fundraisingTotal expenses: 66.16% of revenue

2021Expense mix: 79.6% mission · 11.8% management · 8.6% fundraisingTotal expenses: 78.96% of revenue

2020Expense mix: 87.4% mission · 7.6% management · 4.9% fundraisingTotal expenses: 145.99% of revenue

2019Expense mix: 83.6% mission · 9.4% management · 7.0% fundraisingTotal expenses: 166.67% of revenue

2018Expense mix: 65.4% mission · 24.5% management · 10.1% fundraisingTotal expenses: 140.81% of revenue

2017Expense mix: 81.1% mission · 11.6% management · 7.3% fundraisingTotal expenses: 43.04% of revenue

Money in and money out

Revenue$1,448,327

Expenses$1,929,904

Annual shortfall $481,577 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,770,190 · 91.7% of expenses

Management and office costs$102,142 · 5.3% of expenses

Fundraising$57,572 · 3.0% of expenses

See all reported dollar amounts

Revenue$1,448,327

Expenses$1,929,904

Assets$2,493,356

Income$1,592,693

Contributions$1,219,108

Mission work (program services)$1,770,190

Fundraising$57,572

Management and general$102,142

Stocks and bonds$146,556

Accounting fees$16,545

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (20)

MICHAEL CIOFFIMANAGING DIRECTOR

TREVOR D TRAINAMANAGING DIRECTOR

THOMAS QUICKVICE PRESIDENT

SYDNEY PICASSOMANAGING DIRECTOR

SUZAN SABANCI DINCERMANAGING DIRECTOR

STACEY BRONFMANMANAGING DIRECTOR

RODMAN PRIMACKMANAGING DIRECTOR

PRISCILLA MILLERVICE CHAIRMAN

PETER MARINOCHAIRMAN/PRESIDENT

PAULA CUSSIMANAGING DIRECTOR

ABEER BEN- HALIMMANAGING DIRECTOR

MARCO VOENAMANAGING DIRECTOR

LISA GIULIANIMANAGING DIRECTOR

KEITH CHRISTIANSENMANAGING DIRECTOR

JULIA KOCHMANAGING DIRECTOR

HSH PRINCE PIERRE DARENBERGMANAGING DIRECTOR

CHRISTINE HEARST SCHWARZMANMANAGING DIRECTOR

CAROLINE LEVY-MAZELLA DI BOSCOSECRETARY

CARLO BAREL DSANT ALBANOTREASURER

BENIGNO AGUILARVICE PRESIDENT

About this charity

Recognized since: January 1999
Location: PO BOX 1358, NEW YORK, NY 10150
County: New York
In care of: CARLO BAREL D'SANT ALBANO
Primary officer: CARLO BAREL DSANT ALBANO, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailny@ventianheritage.org Phone(212) 421-0062

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: LUTZ AND CARR CPAS LLP
NTEE classification: Visual Arts (A40)
IRS tax category: Visual Arts