Anonymous Arts Recovery Society Incorporated
- Assets
- $1.1m
- Revenue
- $40.4k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1963
- Data as of
- 03/2024
- EIN
- 11-6036776
Organization Overview
Anonymous Arts Recovery Society Incorporated is located in New York, NY. The organization was established in 1963. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Anonymous Arts Recovery Society Incorporated 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 03/2024, Anonymous Arts Recovery Society Incorporated generated $40.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $20.8k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE INTEREST & SUPPORT FOR "AMERICANA ART"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilynn Karp President | 5 | $0 | |
Amie Karp Vice-President & Treasurer | 2 | $0 | |
Jesse Karp Vice-President & Secretary | 2 | $0 | |
Joseph L Dahms Sr Vice-President & Technical | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,390 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,390 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $8,392 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,114 |
| Total operating and administrative expenses | $20,506 |
| Contributions, gifts, grants paid | $250 |
| Total expenses and disbursements | $20,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,067 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $84,368 |
| Other assets | $935,115 |
| Total assets | $1,068,550 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $6,558 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,558 |
Grants Awarded
Over the last fiscal year, Anonymous Arts Recovery Society Incorporated has awarded $750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE JEFFERSON HISTORICAL SOCIETY PURPOSE: GENERAL SUPPORT | $500 |
CHARLOTTEVILLE VOLUNTEER FIRE DEPARTMENT PURPOSE: GENERAL SUPPORT | $250 |