Americans For The Arts Action Fund
- Assets
- $320.8k
- Revenue
- $65.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/2004
- Data as of
- 12/2022
- EIN
- 20-1427963
Organization Overview
Americans For The Arts Action Fund is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Americans For The Arts Action Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Americans For The Arts Action Fund generated $65.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $111.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN FOR THE ARTS ACTION FUND WAS FORMED TO ENGAGE CITIZENS IN EDUCATION AND ADVOCACY IN SUPPORT OF THE ARTS AND ARTS EDUCATION. ITS ACTIVITIES ARE DESIGNED TO EDUCATE MEMBERS AND THE GENERAL PUBLIC ON THE ARTS AND ARTS EDUCATION GENERALLY, AND THE IMPACT OF GOVERNMENTAL POLICIES AND ACTIONS ON THE ARTS. THE ACTION FUND ALSO WORKS TO MOBILIZE MEMBERS AND THE GENERAL PUBLIC TO BECOME MORE ACTIVE IN HELPING INFLUENCE THOSE GOVERNMENTAL POLICIES AND ACTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CITIZEN INVOLVEMENT - THE ARTS ACTION FUND URGES ITS MEMBERS TO BECOME MORE INVOLVED IN PUBLIC POLICY TO FAVORABLY IMPACT GOVERNMENTAL ACTIONS THAT AFFECT THE ARTS AND ARTS EDUCATION, AND INSTRUCT ITS MEMBERS ON HOW TO BECOME SO INVOLVED.
PUBLIC EDUCATION - THE ACTION FUND PUBLISHES AND DISTRIBUTES TO ITS MEMBERS, POTENTIAL MEMBERS AND OTHERS PRINT AND ELECTRONIC NEWSLETTERS AND OTHER COMMUNICATIONS (INCLUDING PRINT MATERIALS INCLUDED WITH MEMBER RECRUITMENT MAILINGS) INFORMATION, REGARDING THE ARTS AND ARTS EDUCATION AND IN PARTICULAR LEGISLATIVE AND REGULATORY DEVELOPMENTS THAT IMPACT THE ARTS AND ARTS EDUCATION (PRIMARILY FEDERAL, STATE AND LOCAL GOVERNMENTAL FUNDING).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nolen Bivens President & CEO | OfficerTrustee | 1 | $0 |
William Lehr Jr Chair Until 6/1 | OfficerTrustee | 1 | $0 |
Nancy Stephens Chair As Of 6/1 | OfficerTrustee | 1 | $0 |
Ken Ferguson Director | Trustee | 1 | $0 |
Ben Folds Director | Trustee | 1 | $0 |
Mike Kopp Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,664 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,664 |
| Total Program Service Revenue | $44,036 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $65,746 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,238 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,588 |
| Office expenses | $73,781 |
| Information technology | $10,744 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $793 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $263 |
| Insurance | $1,777 |
| All other expenses | $0 |
| Total functional expenses | $111,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,962 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,805 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,450 |
| Net Land, buildings, and equipment | $15,536 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $320,753 |
| Accounts payable and accrued expenses | $15,290 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,157 |
| Total liabilities | $21,447 |
| Net assets without donor restrictions | $299,306 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $320,753 |