Art Council Inc
- Assets
- $1.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Brooklyn, NY
- Founding
- 09/1998
- Data as of
- 09/2022
- EIN
- 91-1877238
Organization Overview
Art Council Inc is located in Brooklyn, NY. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2022, Art Council Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Council 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 09/2022, Art Council Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $1.3m during the year ending 09/2022. While expenses have increased by 17.0% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ARTADIA IS A NATIONAL NON-PROFIT ORGANIZATION THAT SUPPORTS VISUAL ARTISTS WITH UNRESTRICTED, MERIT-BASED AWARDS AND FOSTERS CONNECTIONS TO A NETWORK OF OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1997, ARTADIA IS A NONPROFIT GRANTMAKER AND NATIONWIDE COMMUNITY OF VISUAL ARTISTS, CURATORS, AND PATRONS. THE ORGANIZATION ANNUALLY IDENTIFIES ARTISTS WHOSE MERITSDEFINED AS A HIGH-LEVEL OF ARTISTIC EXCELLENCE, RIGOROUS PRACTICE, AND CLEAR ARTISTIC VOICE DEMONSTRATE THEYVE REACHED A PIVOTAL MOMENT IN THEIR PRACTICE. ARTADIA ELEVATES THE CAREERS OF THESE ARTISTS THROUGH A PROVEN COMBINATION OF RECOGNITION, GRANTMAKING, COMMUNITY SUPPORT, AND ADVOCACY. ARTADIA HAS TWO MAIN PROGRAMS: ARTADIA AWARDS: THE ARTADIA AWARD PROGRAM ENCOMPASSES SEVEN MAJOR U.S. CITIES: ATLANTA, BOSTON, CHICAGO, HOUSTON, LOS ANGELES, NEW YORK CITY, AND THE SAN FRANCISCO BAY AREA. THE AWARDS PROGRAM IDENTIFIES CULTURALLY UNDERREPRESENTED ARTISTS THROUGH A COMPETITIVE PROCESS THAT CONVENES A ROTATING COMMITTEE OF CURATORS AS JURORS, AND ANNUALLY SUPPORTS AT LEAST 22 VISUAL ARTISTS WITH $15,000 EACH IN UNRESTRICTED FUNDS. ARTADIA AWARDS SERVE VISUAL ARTISTS, WITH CONSIDERATION FOR THE SUPPORT THESE ARTISTS NEED TO THRIVE AND SUCCEED REGARDLESS OF BACKGROUNDIN A MORE JUST ARTS ECONOMY. ARTADIA NETWORK:LAUNCHED IN JANUARY 2021, THE ARTADIA NETWORK CONNECTS ARTISTS WITH ARTS PROFESSIONALS SO THEY CAN SUSTAIN THEIR THRIVING PRACTICES. THROUGH ONE-ON-ONE MEETINGS AND WORKSHOPS, THE NETWORK SUPPORTS ARTADIA AWARDEES BEYOND THE FINANCIAL, THROUGH DISCOURSE, CONNECTIVITY, AND RESOURCE-SHARING AROUND ARTISTIC PRACTICE, WAGE-EARNING SOLUTIONS, AND OTHER OPPORTUNITIES. ARTADIA ALSO ACTS AS A FISCAL SPONSOR GRANT-MAKING AGENT FOR A HOST OF ARTIST PROJECTS AND SPONSORSHIPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Ramos Executive Dir. | OfficerTrustee | 40 | $166,374 |
Laura Roberson Fisch President | OfficerTrustee | 2 | $0 |
Karen Mehiel Treasurer | OfficerTrustee | 2 | $0 |
Margot Ziegler Secretary | OfficerTrustee | 2 | $0 |
Aurele Danoff Pelara Vice President | OfficerTrustee | 2 | $0 |
Andisheh Avini Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $73,878 |
| Related organizations | $0 |
| Government grants | $91,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,184,097 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,349,375 |
| Total Program Service Revenue | $48,420 |
| Investment income | $5,427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $465 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,403,687 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $282,294 |
| Grants and other assistance to domestic individuals. | $313,944 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $166,374 |
| Compensation of current officers, directors, key employees. | $18,301 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $267,033 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,830 |
| Payroll taxes | $35,873 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,339 |
| Advertising and promotion | $860 |
| Office expenses | $18,384 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,894 |
| Travel | $44,411 |
| 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 | $0 |
| Insurance | $5,398 |
| All other expenses | $23,703 |
| Total functional expenses | $1,322,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,651 |
| Savings and temporary cash investments | $1,090,509 |
| Pledges and grants receivable | $50,000 |
| Accounts receivable, net | $7,500 |
| 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 | $4,778 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,306 |
| Total assets | $1,359,744 |
| Accounts payable and accrued expenses | $36,009 |
| 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 | $36,009 |
| Net assets without donor restrictions | $1,072,735 |
| Net assets with donor restrictions | $251,000 |
| 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 | $1,359,744 |
Grants Awarded
Over the last fiscal year, Art Council Inc has awarded $282,294 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SKIN IN THE GAME PURPOSE: MUSEUM-STYLE EXHIBITION | $194,868 |
FOR FREEDOMS FOUNDATION LLC PURPOSE: Educational Programs | $87,426 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Art Council Inc has recieved totaling $646,918.
| Awarding Organization | Amount |
|---|---|
Max Stenbeck Charitable Fund Los Angeles, CA PURPOSE: GENERAL SUPPORT | $462,800 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $49,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $27,333 |
Phyllis C Wattis Foundation San Francisco, CA PURPOSE: SAN FRANCISCO ARTIST AWARDS | $20,000 |
The Nathan Cummings Foundation Inc New York, NY PURPOSE: ARTADIA AWARDS PROGRAM | $15,000 |
The Pritzker Pucker Family Foundation Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |