Himalayan Art Resources Inc
- Assets
- $1.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-5396761
Organization Overview
Himalayan Art Resources Inc is located in New York, NY. The organization was established in 2014. 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. Himalayan Art Resources 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 12/2022, Himalayan Art Resources Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $111.3k during the year ending 12/2022. 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
THE ORGANIZATION WAS ORGANIZED TO CREATE A COMPREHENSIVE EDUCATION AND RESEARCH DATABASE, AND VIRTUAL MUSEUM, OF HIMALAYAN ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIMALAYAN ART RESOURCES WEBSITE ("HAR") OVER THE PAST YEAR HAS MAINTAINED AND INCREASED ITS VIEWERSHIP WITH OVER 3000 VIEWS PER DAY. THE THREE PRINCIPAL CONTINENTS FROM WHICH "HAR" DRAWS VIEWERS, EUROPE, ASIA, AND NORTH AMERICA, HAVE INCREASED EQUALLY.THE WEBSITE CURRENTLY BOASTS OVER 100,000 IMAGES, OVER 7000 MAJOR SUBJECT GALLERIES, ALONG WITH HUNDREDS OF NAVIGATION, INDICES, AND GLOSSARY PAGES. OVER 200 VIDEOS HAVE BEEN ADDED TO THE SITE FOR A TOTAL OF OVER 600 VIDEOS HOUSED ON THE YOUTUBE PLATFORM. EACH VIDEO RANGES IN LENGTH FROM 4 TO 15 MINUTES IN LENGTH. A BOOK REVIEW VIDEO PLATFORM IS PROVIDED. PLANS FOR ONLINE LECTURES AND LECTURE COURSES ARE WELL INTO DEVELOPMENT. "HAR" ASSISTED IN A NUMBER OF SMALL JOINT MUSEUM PROJECTS WITH INSTITUTIONS SUCH AS MFA BOSTON AND THE NATIONAL MUSEUM OF ASIAN ART (SMITHSONIAN).THE CURRICULUM AND EDUCATION PAGES HAVE BEEN FURTHER EXPANDED. "HAR" CONTINUES TO HAVE A BACKLOG OF QUEDED IMAGES AWAITING UPOAD. THE "HAR" BOARD HAS REMAINED THE SAME WITH NO ADDITIONS OR RESIGNATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Watt Executive Dir. | Trustee | 10 | $0 |
Walter Arader Trustee | Trustee | 2 | $0 |
Luo Wen Hua Trustee | Trustee | 1 | $0 |
David Pritzker Trustee | Trustee | 2 | $0 |
Matthieu Ricard Trustee | Trustee | 2 | $0 |
Donald Rubin Trustee | Trustee | 2 | $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 | $1,651,413 |
| Noncash contributions included in lines 1a–1f | $1,560,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,651,413 |
| Total Program Service Revenue | $0 |
| 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 | $1,651,413 |
| 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 | $0 |
| Fees for services: Accounting | $42,096 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $837 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $887 |
| 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 | $52,079 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $111,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,218 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,702 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $124,942 |
| Other assets | $1,560,000 |
| Total assets | $1,756,862 |
| Accounts payable and accrued expenses | $1,761 |
| 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 | $1,761 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,755,101 |
| 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 | $1,756,862 |