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Buffalo FINE Arts Academy

Public charity
Other · BUFFALO, NY · EIN 16-6001555

About

The buffalo FINE arts academy was incorporated in 1862 to promote, cultivate and generally foster art in ALL its branches. It is the parent organization of the buffalo AKG art museum one of the country's most prominent art museums, as well as an important cultural and educational center in western new YORK. The museum is dedicated to serving both the local community and a wider art audience through a recognized and active program of collecting, educating, exhibiting and interpreting art works, with particular emphasis on the creative accomplishments of the 20th and 21st century.

Donations are tax-deductible
Category
Other
Employees
236
Volunteers
295

Financial Snapshot

FY ending 2025-06-30
Revenue
$26.6M
Expenses
$27.8M
Assets
$360.9M
Liabilities
$9.2M

Financial history

$83.6M$41.8M$0
171819202122232425
RevenueExpenses
Latest FY2025: $26.6M · Peak FY2017: $83.6M · Avg: $38.8M

Foreign activity (Schedule F)

Total spent abroad$289K
Foreign employees1
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$30K
Grants Given
BUFFALO FINE ARTS ACADEMY
Your actions

Address

1285 Elmwood AVE
Buffalo, NY, 14222-100

Governance

Voting board members36
Independent members36
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %95.0%
Endowment held by related orgNo
Public records
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