Society for the Preservation of Religious Artifacts and Culture Inc

Nonprofit profile at a glance

EIN
993457401
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Woodbury, NY, USA
Phone
5167468100
Rating
47
Verdict
MIXED
Rating confidence
Limited
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$2,050,500
Expenses
$0
Assets
$2,050,500
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • DANIEL P BUTTAFUOCO (President & CEO)
  • KRISTEN TAORMINA (Vice President)

People named in this filing

  • DANIEL P BUTTAFUOCO (President & CEO)
  • KRISTEN TAORMINA (Vice President)
  • ELLEN-JEANNE BERNIUS (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To create, form, establish and maintain a charitable arts foundation; to encourage, foster and promote community interest in art and culture; to endeavor to expand and enrich the cultural heritage of the general public; to provide a forum for the free exchange of cultural and artistic information; to attempt to make such artistic and cultural enrichment accessible to the general public; to hold, conduct and organize meetings, discussions, lectures and forums on various artistic and cultural subjects and topics of interest to the public; to aid, assist, cooperate, co-sponsor and otherwise engage in concerted action with private and governmental agencies and organizations on programs to enrich and advance the cultural and artistic knowledge of the community; to aid, assist, cooperate, co-sponsor and otherwise engage in concerted action with private and governmental agencies and organizations with the same or similar objectives; to solicit, collect and receive funds from public and privat

What it reported doing in 2024

Setting up revolving exhibits in Churchs, Synagogues and schools to display the artifacts with an explanation of their history, importance and cultural relevance.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 92
  • Accountability: 94
  • Sustainability: 11
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: 4 of 4 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • Review — Accountability: Governance controls: Board meeting minutes documented not reported.