2024-10-08T16:44:29-05:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1500 RXR PLAZA WEST TOWER UNIONDALE NY 11556 990 2023-01-01 981522783 THE DINA RECANATI ART FOUNDATION LTD DINA 2126262634 1120 AVENUE OF THE AMERICAS FL 4 NEW YORK NY 10036 ESTHER COHEN TREASURER 2126262634 2024-10-08 1 1 CATHERINE PETERCSAK P01357092 5167472000 2024-10-08 2023 2024-10-15 13:58:12Z ESTHER COHEN 1120 AVENUE OF THE AMERICAS FL 4 NEW YORK NY 10036 461400 0 X DINA-RECANATI.COM X 2019 IS THE DINA RECANATI ART FOUNDATION LTD WAS FORMED TO MAINTAIN AND PROTECT DINA RECANATI'S LEGACY AFTER HER DEATH BY OPERATING AN ART GALLERY IN ISRAEL THAT WOULD STORE, DISPLAY, AND LEND THE ARTWORK TO OTHER GALLERIES, MUSEUMS, AND FOUNDATIONS. THERE WILL BE NO FEES CHARGED FOR THESE SERVICES. IF THE FOUNDATION WERE TO SELL WORKS OF ART, ALL PROCEEDS WOULD BE USED FOR CHARITABLE AND/OR SOCIAL WELFARE PURPOSES. 1 1 0 1 0 0 142239 328907 0 0 35970 94723 16511 37770 194720 461400 0 0 0 0 0 0 0 0 0 246525 309244 246525 309244 -51805 152156 2819800 2969325 52242 49611 2767558 2919714 THE DINA RECANATI ART FOUNDATION'S MISSION IS TO PRESERVE THE LEGACY OF DINA RECANATI BY DISPLAYING HER ART IN A MUSEUM SETTING AND TO EDUCATE THE PUBLIC ABOUT MRS. RECANATI'S ARTWORK AND ARTISTIC PHILOSOPHY. 0 0 191733 THE FOUNDATION WAS SET UP AS A SOCIAL WELFARE ORGANIZATION TO PRESERVE AND DISPLAY THE ART OF MRS. RECANATI TO PRESERVE HER LEGACY. 191733 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 IS 0 0 0 0 0 0 0 0 X 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 X MASHIACH ATIAS & CO CPA 2126262634 35 JABOTINSKY STREET RAMAT GAN IS 5252007 X MEIR HADAR MANAGING DIRECTOR 10.00 X 0 0 0 ESTHER COHEN SECRETARY/TREASURER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 328907 328907 94723 94723 TRANSLATION INCOME 900099 37770 37770 37770 461400 0 0 132493 X 15854 15854 78746 61839 16907 26994 26994 33513 33513 TAX EXPENSE 57756 57756 GALLERY MAINTENANCE 52526 52526 EQUIPMENT 43855 43855 309244 191733 117511 0 1683089 1856471 0 933 1235364 123443 1136711 1111921 2819800 2969325 52242 49611 52242 49611 X 31 31 0 0 2767527 2919683 2767558 2919714 2819800 2969325 152156 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 1230799 120790 1110009 4565 2653 1912 1111921 461400 0 461400 0 461400 309244 0 309244 0 309244 PART III, LINE 1A: DURING JANUARY 2020, MRS. RECANATI TRANSFERRED TO THE COMPANY, HER ENTIRE WORKS OF ART, INCLUDING THE RIGHTS DERIVING FROM THEM, WHICH WERE HELD BY HER PRIVATELY AND/OR THROUGH A FOREIGN COMPANY UNDER HER CONTROL. MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 MUSEUM TO DISPLAY THE ART OF MRS. RECANATI IS LOCATED AND MAINTAINED IN ISRAEL FOR PUBLIC VIEWING. 309244 0 0 0 0 0 0 309244 0 309244 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 8A THE FOUNDATION DID NOT HOLD ANY MEETINGS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DID NOT HOLD ANY MEETINGS DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE DIRECTOR AND TREASURER BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G MISCELLANEOUS FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,907. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,907. GALLERY MANAGEMENT EXPENSES: PROGRAM SERVICE EXPENSES 61,839. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,839. FORM 990, PART VI, LINES 12 - 14 THE FOUNDATION WAS FORMED IN 2020, AND AS SUCH, IS STILL GOING THROUGH THE NECESSARY PROCESSES OF CREATING MORE ROBUST POLICIES AND PROCEDURES.