Lic Artist
- Assets
- $44.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Hills, NY
- Founding
- 06/1992
- Data as of
- 12/2021
- EIN
- 11-2963981
Organization Overview
Lic Artist is located in Forest Hills, NY. The organization was established in 1992. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lic Artist is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lic Artist generated $32.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.5%) each year. All expenses for the organization totaled $23.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
INCREASE THE DEVELOPMENT AND VISIBILITY OF PROFESSIONAL AND EMERGING ARTISTS IN LONG ISLAND CITY, NEW YORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Garfield Treasurer | 10 | $0 | |
Carol Crawford President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,959 |
| Total Program Service Revenue | $16,731 |
| Membership dues | $14,100 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,792 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,721 |
| Occupancy, rent, utilities, and maintenance | $8,150 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,144 |
| Total expenses | $23,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,938 |
| Other assets | $0 |
| Total assets | $44,938 |
| Total liabilities | $178 |
| Net assets or fund balances | $44,760 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lic Artist has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
All Stars Project Inc New York, NY | $22,721,562 | $11,310,796 |
The Hyams Foundation Inc Boston, MA | $163,844,341 | $20,347,329 |
Neighborhood Trust Financial Partners Inc New York, NY | $10,875,094 | $7,150,796 |
African Services Committee Inc New York, NY | $2,169,110 | $5,702,295 |
Urban Arts Partnership New York, NY | $4,790,105 | $5,921,037 |
Artpark & Company Inc Lewiston, NY | $3,327,523 | $5,321,157 |
Education Through Music Inc New York, NY | $3,082,173 | $4,504,496 |
Ridgefield Playhouse For Movies And The Performing Arts Inc Ridgefield, CT | $15,840,106 | $10,052,125 |
City Access New York Staten Island, NY | $3,686,366 | $4,897,308 |
American Friends Of Yagdil Torah Inc Lakewood, NJ | $434,654 | $3,850,627 |
International Society Of Aesthetic Plastic Surgery Mount Royal, NJ | $7,345,668 | $3,633,051 |
Greater Pittsburgh Arts Council Pittsburgh, PA | $2,524,492 | $2,281,290 |