Artnow International Inc
- Assets
- $19.3m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 12/2008
- Data as of
- 12/2021
- EIN
- 26-3296075
Organization Overview
Artnow International Inc is located in San Francisco, CA. The organization was established in 2008. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Artnow International 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, Artnow International Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 4.1% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE FOUNDATION ESTABLISHED ITS INFRASTRUCTURE AND PROGRAMS AND POLICIES AS WELL AS PROVIDING ARTWORK TO BE EXHIBITED AT TWO MUSUEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Mudelman Staff | 0 | $77,877 | |
Marie Martraire Staff | 0 | $75,023 | |
Shona Findley Staff | 0 | $74,156 | |
Fernand Partida Ochoa Staff | 0 | $73,532 | |
Vincent Worms Chairman | 0 | $0 | |
Ellen Friedman Secy/directo | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Craig Summerill | 12/30/18 | $67,395 |
Darren Race | 12/30/18 | $54,960 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,944,875 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,944,875 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $533,943 |
| Pension plans, employee benefits | $0 |
| Interest | $95 |
| Taxes | $525 |
| Depreciation | $68,440 |
| Occupancy | $39,631 |
| Travel, conferences, and meetings | $6,638 |
| Printing and publications | $0 |
| Other expenses | $913,841 |
| Total operating and administrative expenses | $1,578,127 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $1,579,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $261,004 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $927,811 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,139 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $823,559 |
| Other assets | $17,295,573 |
| Total assets | $19,341,086 |
| Accounts payable and accrued expenses | $270,637 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $535,678 |
| Total liabilities | $806,315 |
Grants Awarded
Over the last fiscal year, Artnow International Inc has awarded $44,300 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Westbrook, ME PURPOSE: CHARITY | $9,000 |
PRESS STREET ANTENNA PURPOSE: CHARITY | $5,000 |
Portland, OR PURPOSE: CHARITY | $3,000 |
New York, NY PURPOSE: CHARITY | $3,000 |
YMCA PRESIDIO PURPOSE: CHARITY | $3,000 |
SAN FRANCISCO PARKS ALLIANCE PURPOSE: CHARITY | $3,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Artnow International Inc has recieved totaling $248,000.
| Awarding Organization | Amount |
|---|---|
Aspen Trust Wilmington, DE PURPOSE: GENERAL SUPPORT | $248,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Museum Of Contemporary Art Los Angeles, CA | $173,324,238 | $20,204,928 |
San Diego Museum Of Art San Diego, CA | $78,902,831 | $13,995,818 |
Honolulu Museum Of Art Honolulu, HI | $136,524,458 | $12,640,830 |
Phoenix Art Museum Phoenix, AZ | $7,242,004 | $9,400,156 |
Crocker Art Museum Association Sacramento, CA | $31,464,464 | $12,237,025 |
Nevada Museum Of Art Inc Reno, NV | $65,871,084 | $23,939,678 |
Santa Barbara Museum Of Art Santa Barbara, CA | $142,171,274 | $22,074,169 |
Museum Of Contemporary Art San Diego San Diego, CA | $162,622,820 | $13,720,273 |
Norton Simon Museum Of Art At Pasadena Pasadena, CA | $122,399,582 | $8,241,771 |
San Jose Museum Of Art Association San Jose, CA | $16,287,073 | $5,738,899 |
Orange County Museum Of Art Costa Mesa, CA | $94,177,600 | $20,684,828 |
Broad Art Foundation Los Angeles, CA | $604,724,418 | $1,209,304 |