Association Of International Photography Art Dealers Inc
- Assets
- $651.6k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 02/1982
- Data as of
- 12/2022
- EIN
- 13-2991884
Organization Overview
Association Of International Photography Art Dealers Inc is located in Harrison, NY. The organization was established in 1982. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of International Photography Art Dealers Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Association Of International Photography Art Dealers Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 8 years. 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
MAINTAIN HIGH STANDARDS FOR EXHIBITING, BUYING, AND SELLING FINE ART PHOTOGRAPHY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PHOTOGRAPHY SHOW - THE SHOW, HELD ANNUALLY IN NEW YORK CITY, IS AN ANNUAL EXPOSITION BY AND FOR THE MEMBERS OF AIPAD THAT BRINGS TOGETHER DOZENS OF THE WORLD'S LEADING FINE ART PHOTOGRAPHY GALLERIES TO SHOWCASE A WIDE RANGE OF MUSEUM QUALITY WORK BY CONTEMPORARY, MODERN, AND 19TH CENTURY MASTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lee President | OfficerTrustee | 5 | $0 |
Martijn Van Pieterson 1st Vice President | OfficerTrustee | 5 | $0 |
Richard Moore 2nd Vice President | OfficerTrustee | 5 | $0 |
Arnika Dawkins Secretary | Trustee | 2 | $0 |
Caroline Wall Treasurer | Trustee | 2 | $0 |
Marcella Brandimarti Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Art Fair Company Photography Show General Contractor | 12/30/22 | $205,550 |
Creative Marketing Alliance Association Management Services | 12/30/22 | $141,867 |
Arete Art Productions Llc Photography Show Production Services | 12/30/22 | $122,678 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,387,719 |
| Investment income | $187 |
| 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 | $1,387,906 |
| 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 | $141,867 |
| Fees for services: Legal | $2,134 |
| Fees for services: Accounting | $5,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $165,402 |
| Office expenses | $35,753 |
| Information technology | $34,537 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,438 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $930,439 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,482 |
| All other expenses | $10,557 |
| Total functional expenses | $1,368,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $651,519 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $70 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $651,589 |
| Accounts payable and accrued expenses | $330 |
| Grants payable | $0 |
| Deferred revenue | $205,320 |
| 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 | $205,650 |
| Net assets without donor restrictions | $445,939 |
| 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 | $651,589 |