International Arts Relations Inc
- Assets
- $154.8k
- Revenue
- $627.4k
- Investments
- $0.0
- Employees
- 66
- Location
- New York, NY
- Founding
- 08/1972
- Data as of
- 06/2023
- EIN
- 23-7212492
Organization Overview
International Arts Relations Inc is located in New York, NY. The organization was established in 1972. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, International Arts Relations Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Arts Relations Inc 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 06/2023, International Arts Relations Inc generated $627.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $879.0k during the year ending 06/2023. While expenses have increased by 16.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IDENTIFY, DEVELOP AND PRESENT THE TALENTS OF GIFTED HISPANIC AMERICAN THEATRE ARTISTS AND MULTICULTURAL VISUAL ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY23 INTAR'S NEW WORKS LAB MADE TWO FULL LENGTH PLAY COMISSION PAYMENTS OF $10,000 EACH TO PLAYWRIGHTS C. QUITANA AND JOSE SEBASTIAN ALBERDI AND MADE A $2,500 REWRITE COMMISION PAYMENT TO JULISSA CONTRERAS, PRESENTED 1 READING EACH OF 3 FULL LENGTH PLAYS, PRESENTED 1 FESTIVAL PERFORMANCE OF 6 SHORT PLAYS BY LATINX PLAYWRIGHTS WITH THE 24 HOUR PLAY COMPANY, AND TRAINED 22 NON-UNION ACTORS OVER 10 WEEKS IN THE UNIT52 PROGRAM LED BY VETERAN ACTOR NANCY RODRIQUEZ.IN FEBRUARY AND MARCH OF 2023 INTAR PRESENTED 26 PUBLIC PERFORMANCES OF THE WORLD PREMIERE OF TRUCKERS BY MARIANA CARRENO KING DIRECTED BY ALFREDO NARCISO. IN APRIL, MAY AND JUNE 2023 INTAR PRESENTED 44 PUBLIC PERFORMANCES, INCLUDING 18 EXTENDED PERFORMANCES FOLLOWING THE ORIGINAL RUN, OF VAMONOS BY JULISSA CONTRERAS. VAMONOS WAS THE MOST SUCCESSFUL PRODUCTION AT INTAR IN 18 YEARS DRAWING CRITICAL ACCLAIM, NEW AUDIENCE MEMBERS AND OVER $33,000 IN BOX OFFICE PROCEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Maria Harris Chair | OfficerTrustee | 1 | $0 |
Amy Madigan Treasurer | OfficerTrustee | 1 | $0 |
Evangeline Morphos Secretary (to 10/22) | OfficerTrustee | 1 | $0 |
Liam Torres Board Member | Trustee | 1 | $0 |
Ed Harris Board Member | Trustee | 1 | $0 |
Duncan Webb Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $257,931 |
| All other contributions, gifts, grants, and similar amounts not included above | $329,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $587,150 |
| Total Program Service Revenue | $39,971 |
| Investment income | $273 |
| 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 | $627,439 |
| 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. | $99,788 |
| Compensation of current officers, directors, key employees. | $7,979 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $302,980 |
| Pension plan accruals and contributions | $11,142 |
| Other employee benefits | $36,511 |
| Payroll taxes | $35,560 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,506 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $139,964 |
| Advertising and promotion | $85,028 |
| Office expenses | $24,789 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,000 |
| Travel | $0 |
| 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 | $5,678 |
| Insurance | $11,904 |
| All other expenses | $0 |
| Total functional expenses | $879,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,511 |
| Savings and temporary cash investments | $17,246 |
| Pledges and grants receivable | $52,085 |
| Accounts receivable, net | $0 |
| 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 | $10,540 |
| Net Land, buildings, and equipment | $36,161 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,247 |
| Total assets | $154,790 |
| Accounts payable and accrued expenses | $29,956 |
| 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 | $0 |
| Total liabilities | $29,956 |
| Net assets without donor restrictions | $95,334 |
| Net assets with donor restrictions | $29,500 |
| 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 | $154,790 |