Arts & Minds Inc
- Assets
- $96.5k
- Revenue
- $121.2k
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 27-3733512
Organization Overview
Arts & Minds Inc is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (G01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Arts & Minds Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts & Minds 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, Arts & Minds Inc generated $121.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $314.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM & COMMUNITY PROGRAMMING - DISCUSSION AND ART MAKING TO STIMULATE COGNITIVE FUNCTIONS, REDUCE APATHY AND ANXIETY, AND IMPROVE OVERALL WELL BEING FOR PATIENTS AND CAREGIVERS. 213 PROGRAMS IN PERSON OR ONLINE. IN ALL PROGRAMS COMBINED, WE REACHED APPROXIMATELY 174 UNIQUE PARTICIPANTS FOR A TOTAL OF 2,674 PATIENT CARE HOURS.
TRAINING & EDUCATION - APPROXIMATLY 100 MUSEUM STAFF, VOLUNTEERS, ARTISTS, MEDICAL PROFESSIONALS AND STUDENTS IN ONLINE TALKS AND WORKSHOPS IN THE US, ITALY & JAPAN. IN TURN, WE ESTIMATE SERVICE TO HUNDREDS OF INDIVIDUALS WITH DEMENTIA AND CAREGIVERS IN VARIOUS LOCATIONS GLOBALLY.
LEADERSHIP - PRESENTATIONS TO OVER 1,000 MUSEUM, ARTS AND DEMENTIA CARE PROESSIONALS AND THE GENERAL PUBLIC IN VIRTUAL WORKSHOPS AND TALKS FOR AUDIENCES IN THE U.S., ITALY & JAPAN.
EDUCATIONAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James M Noble President | Officer | $0 | |
Richard P Kaye ESQ Director | Trustee | $0 | |
Berna G Huebner Director | Trustee | $0 | |
Olajide Williams MD Ms Vice Preside | Trustee | $0 | |
Helen Fernandez MD Director | Trustee | $0 | |
Joyce P Visceglia Msw Director | Trustee | $0 |
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 | $110,213 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,213 |
| Total Program Service Revenue | $11,000 |
| Investment income | $22 |
| 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 | $121,235 |
| 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 | $158,067 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $537 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,144 |
| Advertising and promotion | $0 |
| Office expenses | $4,647 |
| Information technology | $22,310 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $230 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,247 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $659 |
| Insurance | $6,705 |
| All other expenses | $0 |
| Total functional expenses | $314,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,136 |
| 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 | $0 |
| Net Land, buildings, and equipment | $330 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $96,466 |
| Accounts payable and accrued expenses | $575 |
| 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 | $575 |
| Net assets without donor restrictions | $95,891 |
| 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 | $96,466 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Arts & Minds Inc has recieved totaling $27,618.
| Awarding Organization | Amount |
|---|---|
Jim Jacobs Charitable Foundation Inc Alexandria, VA PURPOSE: GENRAL USE | $15,000 |
West Harlem Development Corporation New York, NY PURPOSE: TO IMPROVE QUALITY OF LIFE FOR ALL PEOPLE LIVING WITH ALZHEIMERS DISEASE AND OTHER DEMENTIAS THROUGH ENGAGEMENT WITH ART. WE PARTNER WITH MUSEUMS TO PROVIDE MEANINGFUL ART-CENTERED ACTIVITIES THAT CREATE POSITIVE EMOTIONAL AND COGNITIVE EXPERIENCES, ENHANCE VERBAL AND NON-VERBAL COMMUNICATION, REDUCE ISOLATION AND BUILD COMMUNITY. | $12,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $118 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Global Access Project Incorporated New York, NY | $1,457,963 | $1,885,002 |
Leadingage New Jersey Inc Hamilton, NJ | $1,334,642 | $1,114,100 |
First Candle Inc New Canaan, CT | $92,094 | $437,544 |
Arts & Minds Inc New York, NY | $96,466 | $121,235 |
My Time Inc Brooklyn, NY | $119,980 | $319,778 |
Island Autism Group Inc Edgartown, MA | $2,076,423 | $1,209,153 |
Seymour Pink Inc Seymour, CT | $409,733 | $285,850 |
Donor Outreach For Veterans Corp Montclair, NJ | $14,430 | $0 |
Turner Syndrome Foundation Inc Hazlet, NJ | $8,892 | $132,483 |
Remy Healthcare Foundation Inc New York, NY | $12,486 | $0 |
Andrews Gift Harrisburg, PA | $334,986 | $140,297 |
Acromegaly Community Inc Buffalo, NY | $321,219 | $0 |