American Institute Of Graphic Arts
- Assets
- $6.0m
- Revenue
- $3.7m
- Investments
- $281.4k
- Employees
- 24
- Location
- New York, NY
- Founding
- 04/1991
- Data as of
- 09/2021
- EIN
- 13-1623893
Organization Overview
American Institute Of Graphic Arts is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, American Institute Of Graphic Arts employed 24 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Institute Of Graphic Arts 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 09/2021, American Institute Of Graphic Arts generated $3.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $6.3m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, American Institute Of Graphic Arts has awarded 11 individual grants totaling $135,219. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE DESIGN AS A PROFESSIONAL CRAFT, STRATEGIC TOOL, & VITAL CULTURAL FORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP AND CHAPTER DEVELOPMENT: AIGA RETURNED 30 PERCENT OF MEMBERSHIP DUES TO LOCAL CHAPTERS TO FUND EVENTS WITH INVITED SPEAKERS, PROFESSIONAL DEVELOPMENT PROGRAMS, EXHIBITIONS AND ACTIVITIES TO STRENGTHEN THE LOCAL PROFESSIONAL DESIGN COMMUNITY. CHAPTERS ARE RUN BY VOLUNTEER BOARDS AND ADD TO THE VITALITY OF THE ORGANIZATION BY PROVIDING OCCASIONS FOR NETWORKING AND CONTINUED EXPOSURE TO INFORMATION AND OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT.
PROGRAMS & EVENTS: AIGA CONVENED THE AIGA DESIGN CONFERENCE VIRTUALLY IN NOVEMBER 2020 AND OCTOBER 2021 BRINGING TOGETHER MORE THAN 2,200 ATTENDEES FOR AN IMMERSIVE EXPLORATION OF THE FUTURE OF DESIGN; THE AIGA DESIGN + BUSINESS CONFERENCE TOOK PLACE VIRTUALLY IN MAY 2021 AND TOOK A DEEP DIVE INTO THE CREATIVE PROCESS WITH 364 ATTENDEES; THE AIGA PORTFOLIO FESTIVAL TOOK PLACE IN JULY 2020 WITH APPROXIMATELY 2,200 DESIGNERS AND SEVERAL HUNDRED PORTFOLIOS REVIEWED; THE AIGA WORLDSTUDIO SCHOLARSHIPS PROGRAM RECEIVED 209 APPLICATIONS, 23 STUDENTS WERE AWARDED SCHOLARSHIPS AND 5 STUDENTS RECEIVED HONORABLE MENTION AWARDS; THE "RESTART" CAMPAIGN PROVIDED ONGOING FREE WEBINARS, TOOLS AND RESOURCES TO DESIGNERS TO NAVIGATE A RETURN TO POST-PANDEMIC WORK; AIGA CONDUCTED 15 FIRESIDE CHATS AND 23 PODCAST EPISODES, ALL HOSTED OR MODERATED BY THE EXECUTIVE DIRECTOR; THE 50 BOOKS / 50 COVERS COMPETITION RECEIVED 696 ENTRIES; AIGA HELD BOOK EVENTS WITH OVER 500 ATTENDEES.
PUBLISHING: AIGA'S PUBLICATIONS PROVIDE A CRITICAL FORUM FOR INTELLECTUAL ASSESSMENT OF COMMUNICATIONS DESIGN AND THE PROFESSION. NUMEROUS RESOURCES ARE PROVIDED ON THE WEBSITE AS PART OF AIGA'S AUTHORITATIVE VOICE ON PROFESSIONAL STANDARDS. EYE ON DESIGN'S AWARD-WINNING DIGITAL AND PRINT PUBLICATIONS COVER THE WORLD'S MOST EXCITING DESIGNERS AND THE ISSUES THEY CARE ABOUT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Graziano Interim CFO (to Feb '21) | Officer | 40 | $280,500 |
Bennie Johnson CEO | Officer | 40 | $277,111 |
Kathleen Budny Sr. Program And Events Director | 40 | $114,083 | |
Tiia Schurig Director Of Digital Operations | 40 | $103,302 | |
Lorenzo Gonzalez Treasurer (to Sep '21) | OfficerTrustee | 2 | $0 |
Ashleigh Axios President | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Levy Convention Centers Conference Services | 9/29/21 | $250,206 |
Plural Marketing Services | 9/29/21 | $205,097 |
Lookthink Llc Web Development Services | 9/29/21 | $199,375 |
Montalvo Management Llc Human Resource Services | 9/29/21 | $134,560 |
Kobryn Communications Inc Audio Visual Services | 9/29/21 | $133,275 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $528,133 |
| All other contributions, gifts, grants, and similar amounts not included above | $490,508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,018,641 |
| Total Program Service Revenue | $2,345,883 |
| Investment income | $183,894 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,919 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $73,758 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,684,558 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,500 |
| Grants and other assistance to domestic individuals. | $22,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $498,630 |
| Compensation of current officers, directors, key employees. | $203,835 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,841,608 |
| Pension plan accruals and contributions | $68,335 |
| Other employee benefits | $339,557 |
| Payroll taxes | $207,209 |
| Fees for services: Management | $222,060 |
| Fees for services: Legal | $23,492 |
| Fees for services: Accounting | $19,182 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,711 |
| Fees for services: Other | $836,458 |
| Advertising and promotion | $78,542 |
| Office expenses | $138,252 |
| Information technology | $589,468 |
| Royalties | $0 |
| Occupancy | $100,553 |
| Travel | $21,206 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $489,559 |
| Interest | $0 |
| Payments to affiliates | $405,167 |
| Depreciation, depletion, and amortization | $293,986 |
| Insurance | $31,330 |
| All other expenses | $60 |
| Total functional expenses | $6,290,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,163 |
| Savings and temporary cash investments | $37,235 |
| Pledges and grants receivable | $131,833 |
| Accounts receivable, net | $123,776 |
| 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 | $328,134 |
| Net Land, buildings, and equipment | $1,210,276 |
| Investments—publicly traded securities | $3,675,600 |
| Investments—other securities | $281,429 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,026,446 |
| Accounts payable and accrued expenses | $607,022 |
| Grants payable | $390,486 |
| 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 | $318,200 |
| Total liabilities | $1,315,708 |
| Net assets without donor restrictions | $4,552,628 |
| Net assets with donor restrictions | $158,110 |
| 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 | $6,026,446 |
Grants Awarded
Over the last fiscal year, American Institute Of Graphic Arts has awarded $21,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: INNOVATE GRANT | $16,500 |
New York, NY PURPOSE: AIGA WORLDSTUDIO SCHOLARSHIP | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Institute Of Graphic Arts has recieved totaling $16.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Endowment Analysis
| Beg. Balance | $100,000 |
| Ending Balance | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advertising Research Foundation Inc New York, NY | $7,084,927 | $8,623,968 |
The International Coalition Of Historic Ite Museums Of Conscience New York, NY | $2,572,354 | $8,768,933 |
Theatre Communications Group Inc New York, NY | $7,458,021 | $6,461,267 |
The Broadway League Inc New York, NY | $17,394,373 | $2,874,492 |
American Symphony Orchestra League New York, NY | $11,789,942 | $6,931,089 |
Video Advertising Bureau Inc New York, NY | $5,863,677 | $6,614,761 |
Opera America Inc New York, NY | $21,495,082 | $5,690,929 |
American Institute Of Graphic Arts New York, NY | $6,026,446 | $3,684,558 |
American Numismatic Society New York, NY | $59,393,840 | $7,804,427 |
College Art Association Of America Inc New York, NY | $11,184,804 | $5,238,547 |
Authors Guild Inc New York, NY | $3,070,324 | $4,065,324 |
Boston Society Of Architects Treasurers Office Boston, MA | $12,418,866 | $3,237,658 |