Artis Contemporary Israeli Art Fund Inc
- Assets
- $2.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 06/2010
- Data as of
- 12/2023
- EIN
- 26-4184988
Organization Overview
Artis Contemporary Israeli Art Fund Inc is located in New York, NY. The organization was established in 2010. 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 12/2023, Artis Contemporary Israeli Art Fund Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artis Contemporary Israeli Art Fund 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 12/2023, Artis Contemporary Israeli Art Fund Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 1.1% per year over the past 9 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.
Since 2015, Artis Contemporary Israeli Art Fund Inc has awarded 40 individual grants totaling $416,688. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ARTIS IS AN INDEPENDENT NONPROFIT ORGANIZATION THAT SUPPORTS CONTEMPORARY ARTISTS FROM ISRAEL WHOSE WORK ADDRESSES AESTHETIC, SOCIAL AND POLITICAL QUESTIONS TO INSPIRE REFLECTION AND DEBATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT PROGRAMS:THE ARTIS GRANT PROGRAM WAS ESTABLISHED IN 2007 IN RESPONSE TO THE GROWING SUCCESS OF THE ISRAELI CONTEMPORARY ART COMMUNITY AND THE INCREASED NEED FOR SUPPORT FOR INTERNATIONAL PROJECTS FEATURING ISRAELI ARTISTS. THE PROGRAMS AIM IS TO FUND MEANINGFUL OPPORTUNITIES FOR PROMISING AND ESTABLISHED ARTISTS AND TO FURTHER CULTURAL EXCHANGE AND ACCESS TO ISRAELI CONTEMPORARY ART BY SUPPORTING PROJECTS OUTSIDE OF ISRAEL. EXHIBITION, RESIDENCY, ACQUISITION, RESEARCH, AND PARTNERSHIP GRANTS ARE AWARDED ON A PROJECT-BASIS TO ORGANIZATIONS AND INDIVIDUAL ARTISTS. WE PRIORITIZE HIGH IMPACT, HIGH VISIBILITY SOLO OR GROUP PROJECTS THAT REACH BROAD AUDIENCES OUTSIDE OF ISRAEL. PROFESSIONAL RESEARCH TRIPS TO ISRAEL:ARTIS INVITES LEADING INTERNATIONAL MUSEUM DIRECTORS, CURATORS, CRITICS AND WRITERS ON ANNUAL GROUP TOURS OF ISRAEL'S CONTEMPORARY CULTURAL LANDSCAPE, BUILDING LASTING CONNECTIONS BETWEEN LOCAL AND INTERNATIONAL ART COMMUNITIES. RESEARCH GRANTS AND GUIDES TO THE ISRAELI ART SCENE ARE ALSO AVAILABLE THROUGHOUT THE YEAR. PUBLIC PROGRAMS:ARTIS PARTNERS WITH A WIDE RANGE OF INTERNATIONAL ARTS ORGANIZATIONS TO PRESENT PROJECTS AND COMMISSION NEW WORK BY CONTEMPORARY ISRAELI ARTISTS. FROM ARTIST TALKS TO SYMPOSIA, OUR PROGRAMS OFFER ARTISTS EXPOSURE TO NEW AUDIENCES AT PIVOTAL MOMENTS IN THEIR CAREERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rivka Saker Founder And Chair | OfficerTrustee | 15 | $0 |
Victoria Anesh Director | Trustee | 1 | $0 |
Yael Bartana Director | Trustee | 1 | $0 |
Maya Benton Director | Trustee | 1 | $0 |
Nancy Berman Director | Trustee | 1 | $0 |
Jill Bernstein 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 | $1,209,185 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,209,185 |
| Total Program Service Revenue | $715 |
| Investment income | $104 |
| 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 | $1,210,004 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,970 |
| Grants and other assistance to domestic individuals. | $32,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $432,777 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,567 |
| Compensation of current officers, directors, key employees. | $16,557 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $125,625 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,564 |
| Payroll taxes | $23,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,738 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,503 |
| Advertising and promotion | $2,739 |
| Office expenses | $5,085 |
| Information technology | $7,967 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,092 |
| 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 | $22,667 |
| Insurance | $2,566 |
| All other expenses | $0 |
| Total functional expenses | $1,092,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,542,902 |
| Savings and temporary cash investments | $352,571 |
| Pledges and grants receivable | $140,000 |
| 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 | $14,109 |
| Net Land, buildings, and equipment | $3,776 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,053,358 |
| Accounts payable and accrued expenses | $29,184 |
| Grants payable | $101,610 |
| 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 | $130,794 |
| Net assets without donor restrictions | $1,335,477 |
| Net assets with donor restrictions | $587,087 |
| 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 | $2,053,358 |
Grants Awarded
Over the last fiscal year, Artis Contemporary Israeli Art Fund Inc has awarded $42,470 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL STUDIO AND CURATORIAL PROGRAM (ISCP) PURPOSE: FOR CONTEMPORARY ART | $24,470 |
PERFORMA INC PURPOSE: FOR CONTEMPORARY ART | $10,000 |
NATIONAL TRUST FOR HISTORIC PRESERVATION PURPOSE: FOR CONTEMPORARY ART | $8,000 |