- Revenue 2024
- $4,792,047
- Expenses 2024
- $3,926,137
Program services were 78.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- Q210
- Classification
- 2000
- Street
- PO BOX 1832
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
THE FLORENCE ACADAMY OF ART WAS FOUNED IN 1991 BY DANIEL GRAVES (SEE SCHEDULE O FOR DETAILS).
Activities or mission (Part I)
TO PROVIDE THE HIGHEST LEVEL OF INSTRUCTION IN CLASSICAL METHODS OF DRAWING, PAINTING and SCULPTURE for STUDENTS WISHING TO PURSUE CAREERS AS PROFESSIONAL ARTISTS
-
DANIEL GRAVES BEGAN THE ACADEMY IN 1991 IN A SMALL STUDIO IN THE GARDENS OF A LOCAL FLORENTINE PALACE. (SEE SCHEDULE O FOR additional information)
Expenses $3,085,935 · Grants $161,783 · Revenue $4,144,479
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Antonio Vanni
Executive Director
- Total calculated
- $75,652
- From this org
- $70,586
- From related orgs
- $0
- Other
- $5,066
- Hours/week
- 40
-
thomas Richards
President
- Total calculated
- $75,386
- From this org
- $68,214
- From related orgs
- $0
- Other
- $7,172
- Hours/week
- 40
-
Daniel Graves
Founder
- Total calculated
- $31,865
- From this org
- $31,865
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Gregory Hedberg
Chairperson
- Total calculated
- $0
- Hours/week
- 1
-
Christine Emmons
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Susan Tintori
Founding Executive Director
- Total calculated
- $0
- Hours/week
- 1
-
George C White
Founding Chairperson
- Total calculated
- $0
- Hours/week
- 1
-
DAvid Thompson
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Tarra Bandet
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Robert Emmons
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Anki Eriksson Graves
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jamen Graves
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Laura Grenning
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Margaret Hedberg
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
David C Herring
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
richard Hitt
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Susan Kendall
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Richard J Massey
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Nash Kochevar
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Robert K Montgomery
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Valerie Montgomery
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Powell
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Slaught
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
David Spencer
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Pamela Thompson
Trustee
- Total calculated
- $0
- Hours/week
- 1
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $4,792,047
- Expenses
- $3,926,137
- Contributions
- $647,568
- Grants paid
- $161,783
-
2023
- Revenue
- $4,384,047
- Expenses
- $4,011,766
- Contributions
- $365,963
- Grants paid
- $233,964
-
2022
- Revenue
- $4,105,004
- Expenses
- $3,805,832
- Contributions
- $252,592
- Grants paid
- $246,151
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $3,896,682
- Expenses
- $3,486,094
- Assets (EOY)
- $7,361,430
-
2020 · 990
- Revenue
- $2,803,265
- Expenses
- $2,728,072
- Assets (EOY)
- $7,525,391
-
2019 · 990
- Revenue
- $3,026,864
- Expenses
- $2,913,506
- Assets (EOY)
- $6,879,259
-
2018 · 990
- Revenue
- $3,794,517
- Expenses
- $3,669,367
- Assets (EOY)
- $7,667,717
-
2017 · 990
- Revenue
- $4,161,545
- Expenses
- $3,808,569
- Assets (EOY)
- $7,961,643
-
2016 · 990
- Revenue
- $3,412,312
- Expenses
- $3,545,997
- Assets (EOY)
- $7,344,230
-
2015 · 990
- Revenue
- $3,603,080
- Expenses
- $3,157,227
- Assets (EOY)
- $6,938,955
-
2014 · 990
- Revenue
- $3,789,755
- Expenses
- $3,137,791
- Assets (EOY)
- $6,551,893
-
2013 · 990
- Revenue
- $2,945,085
- Expenses
- $2,891,718
- Assets (EOY)
- $1,292,337
-
2012 · 990
- Revenue
- not reported
- Expenses
- $2,443,835
- Assets (EOY)
- $1,193,660
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2022 For grant recipient's exempt purposes
-
$38,000
2024 HUMAN SERVICES
-
DONOR ADVISED CHARITABLE GIVING
$36,000
2023 INTERNATIONAL, FOREIGN AFFAIRS
-
2023 GENERAL SUPPORT OF THE ORGANIZATION'S OPERATIONS
-
DONOR ADVISED CHARITABLE GIVING
$30,000
2024 INTERNATIONAL, FOREIGN AFFAIRS
-
2024 GENERAL SUPPORT OF THE ORGANIZATION'S OPERATIONS
-
DONOR ADVISED CHARITABLE GIVING
$20,500
2022 INTERNATIONAL, FOREIGN AFFAIRS
-
$18,000
2023 RELIGION
-
$8,000
2022 INTERNATIONAL
-
2024 SCHOLARSHIP - TO PROMOTE ART & ARTISTS
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
The Florence Academy of Art AB
Art School · SW · income $507,921 · assets $298,997
-
ITAL SrL
RE Holding · IT · income $1,053,606 · assets $6,074,680
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.