Asia Art Archive In America Incorporated is located in Brooklyn, NY. The organization was established in 2009. 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 12/2022, Asia Art Archive In America Incorporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asia Art Archive In America Incorporated 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 12/2022, Asia Art Archive In America Incorporated generated $268.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $238.6k during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 8 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
TO PROMOTE A GREATER APPRECIATION FOR AND UNDERSTANDING OF CONTEMPORARY ART MADE IN ASIA OR BY ARTISTS OF ASIAN DESCENT. THE ORGANIZATION'S PURPOSE IS FULFILLED BY COLLECTING INFORMATION ON CONTEMPORARY ASIAN ART AND MAKING IT PUBLICLY ACCESSIBLE, PROVIDING A PLATFORM FOR THE EXCHANGE OF IDEAS, SUPPORTING RESEARCH AND WRITING IN THE FIELD, AND INSTIGATING DIALOGUE AND CRITICAL THINKING TO DEVELOP A BROADER AUDIENCE FOR AND A DEEPER UNDERSTANDING OF VISUAL ART BY ARTISTS IN ASIA OR BY ARTISTS OF ASIAN DESCENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAKES GRANTS TO RECIPIENTS WHICH CONDUCT PROGRAMS AND PROJECTS THAT ARE CONSISTENT WITH THE MISSION OF THE ORGANIZATION. ALL GRANTS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE ORGANIZATION COORDINATES AN ONGOING PROGRAM OF PRESENTATIONS, PANELS, CONVERSATIONS AND INTERVIEWS WITH ARTISTS, CURATORS, CRITICS AND SCHOLARS ABOUT CONTEMPORARY ART FROM ASIA. TRANSCRIPTS AND VIDEO DOCUMENTATION OF THE TALKS, PRESENTATIONS AND PANELS ARE MADE ACCESSIBLE ONLINE TO BROAD AUDIENCES THROUGH THE ORGANIZATION'S WEBSITE. THE ORGANIZATION ORGANIZES A PUBLICLY ACCESSIBLE READING ROOM WITH PHYSICAL AND DIGITAL MATERIALS AVAILABLE TO RESEARCHERS FIVE DAYS A WEEK. THE ORGANIZATION ENGAGES IN LARGE-SCALE ARCHIVAL DIGITIZATION PROJECTS, MAKING PRIMARY SOURCE MATERIALS INCLUDING PHOTOGRAPHS, FILM, AND INTERVIEW TRANSCRIPTS AVAILABLE TO THE PUBLIC ONLINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jane Debevoise President | OfficerTrustee | 20 | $0 |
Yayoi Shionoiri Director | Trustee | 0.5 | $0 |
Elaine W Ng Secretary | OfficerTrustee | 0.5 | $0 |
Shengtian Zheng Director | Trustee | 0.5 | $0 |
Gopal Menon MBA Treasurer | OfficerTrustee | 0.5 | $0 |
Reiko Tomii Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $71,100 |
All other contributions, gifts, grants, and similar amounts not included above | $192,886 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $263,986 |
Total Program Service Revenue | $0 |
Investment income | $10 |
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 | $268,708 |
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 | $45,000 |
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 | $88,354 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $445 |
Fees for services: Accounting | $9,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $692 |
Office expenses | $2,317 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,979 |
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 | $3,333 |
Insurance | $4,503 |
All other expenses | $20,695 |
Total functional expenses | $238,609 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $175,753 |
Savings and temporary cash investments | $19,352 |
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 | $0 |
Net Land, buildings, and equipment | $6,389 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $201,494 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $201,494 |
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 | $201,494 |