Artists For World Peace Inc
- Assets
- $197.7k
- Revenue
- $698.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Middletown, CT
- Founding
- 04/2004
- Data as of
- 12/2021
- EIN
- 57-1184659
Organization Overview
Artists For World Peace Inc is located in Middletown, CT. 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. As of 12/2021, Artists For World Peace Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artists For World Peace 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, Artists For World Peace Inc generated $698.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $728.5k during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE OPPORTUNITIES FOR ARTISTIC EXPRESSION THAT FOSTERS WORLD PEACE AND RAISE FUNDS TO BENEFIT HUMANITARIAN CAUSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN OF PEACE: EDUCATION AND LIVING EXPENSES FOR UNDERSERVED ORPHANS. PEACE PIG AND CLUCK CLUCK CLUB: SUSTAINABILITY PROGRAMS THAT PROVIDE CHICKEN AND PIGS (AND THEIR HOUSING/FOOD) TO BRING PROTEIN TO CHILDREN AND FAMILIES. MEDICAL PROGRAMS: HEALTH CENTER, FREE EYE CARE, FREE DENTAL CARE (INCLUDES FREE EYE EXAMS, EYEGLASSES, SUNGLASSES, PRESCRIPTION MEDS, CATARACT SURGERIES, EYE DROPS, TOOTHBRUSHES, TOOTHPASTE, FLOURIDE TREATMENTS, FILLINGS, ROOT CANALS, AND TRANSPORT TO A LOCAL HOSPITAL IF URGENT CARE IS NEEDED. SCHOLARSHIPS: 1-3 SCHOLARSHIPS AWARDED PER YEAR, TO THOSE IN ART/MUSIC PROGRAMS ONE CONCERT ONE CHILD: MONTHLY MUSIC SERIES PROCEEDS HELP SUPPORT THE CHILDREN OF PEACE PROGRAM AND 10% GOES TO THE MIDDLETOWN FOOD PANTRY. DANCE FOR PEACE: ANNUAL DANCE PERFORMANCE FUNDRAISER. AFWP ON BROADWAY: ANNUAL BROADWAY STAR PERFORMANCE FUNDRAISER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Black-Nasta President | Officer | 40 | $74,580 |
Robert Nasta Treasurer | Officer | 40 | $38,269 |
Vivian Schaufler Secretary | Officer | 1 | $0 |
Mason Smith Member | Trustee | 1 | $0 |
Sam Samuelson Member | Trustee | 1 | $0 |
Liviu Vogel Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $54,491 |
| All other contributions, gifts, grants, and similar amounts not included above | $601,876 |
| Noncash contributions included in lines 1a–1f | $511,543 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $656,367 |
| Total Program Service Revenue | $37,162 |
| Investment income | $2,157 |
| 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 | $698,522 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $298,000 |
| 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. | $112,849 |
| Compensation of current officers, directors, key employees. | $56,424 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,906 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,563 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,014 |
| Advertising and promotion | $68 |
| Office expenses | $937 |
| Information technology | $2,501 |
| Royalties | $0 |
| Occupancy | $4,521 |
| Travel | $1,011 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,581 |
| All other expenses | $759 |
| Total functional expenses | $728,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,530 |
| Savings and temporary cash investments | $120,325 |
| Pledges and grants receivable | $0 |
| 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 | $2,901 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $60,958 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,714 |
| Accounts payable and accrued expenses | $872 |
| 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 | $872 |
| Net assets without donor restrictions | $196,842 |
| 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 | $197,714 |
Grants Awarded
Over the last fiscal year, Artists For World Peace Inc has awarded $298,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: IMPROVED VISION | $200,000 |
Weatogue, CT PURPOSE: IMPROVED VISION | $98,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Artists For World Peace Inc has recieved totaling $387.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $297 |
Lazard Foundation New York, NY PURPOSE: UNRESTRICTED | $90 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |
Westchester Academic Library Directors Organization Inc New York, NY | $47,276,623 | $38,534,511 |
Pro Publica Inc New York, NY | $60,782,681 | $36,005,300 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Consensus Building Institute Inc Cambridge, MA | $9,333,296 | $7,559,086 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |