Artnow International Inc is located in San Francisco, CA. The organization was established in 2008. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Artnow International 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 12/2021, Artnow International Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ESTABLISHED ITS INFRASTRUCTURE AND PROGRAMS AND POLICIES AS WELL AS PROVIDING ARTWORK TO BE EXHIBITED AT TWO MUSUEMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Worms Chairman | 0 | $0 | |
Ellen Friedman Secy/directo | 0 | $0 | |
Larry Rinder Director | 0 | $0 | |
Scott Matson CFO | 0 | $0 | |
Joey Tang Staff | 0 | $83,792 | |
Lauren R Pirritano Staff | 0 | $63,188 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Craig Summerill | 12/30/18 | $67,395 |
Darren Race | 12/30/18 | $54,960 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,944,875 |
| 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 | $1,944,875 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $533,943 |
| Pension plans, employee benefits | $0 |
| Interest | $95 |
| Taxes | $525 |
| Depreciation | $68,440 |
| Occupancy | $39,631 |
| Travel, conferences, and meetings | $6,638 |
| Printing and publications | $0 |
| Other expenses | $913,841 |
| Total operating and administrative expenses | $1,578,127 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $1,579,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $261,004 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $927,811 |
| 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 | $33,139 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $823,559 |
| Other assets | $17,295,573 |
| Total assets | $19,341,086 |
| Accounts payable and accrued expenses | $270,637 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $535,678 |
| Total liabilities | $806,315 |
Over the last fiscal year, Artnow International Inc has awarded $44,300 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF MITZPE YERIHO PURPOSE: CHARITY | $9,000 |
BERKELEY BALLET PURPOSE: CHARITY | $2,000 |
BLACK AIDS INSTITUTE PURPOSE: CHARITY | $1,000 |
BEATS RHYMES AND LIFE PURPOSE: CHARITY | $1,000 |
BLACK LIVES MATTER PURPOSE: CHARITY | $1,000 |
BLACK TRANS FEMMES IN THE ARTS PURPOSE: CHARITY | $1,000 |