International Academy Of Arts & Sci
- Assets
- $0.0
- Revenue
- $217.1k
- Investments
- $0.0
- Employees
- 11
- Location
- Upper Saddle River, NJ
- Founding
- 04/2015
- Data as of
- 12/2020
- EIN
- 27-3748339
Organization Overview
International Academy Of Arts & Sci is located in Upper Saddle River, NJ. The organization was established in 2015. According to its NTEE Classification (V30) the organization is classified as: Interdisciplinary Research, under the broad grouping of Social Science and related organizations. As of 12/2020, International Academy Of Arts & Sci employed 11 individuals. International Academy Of Arts & Sci 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 12/2020, International Academy Of Arts & Sci generated $217.1k 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 (21.6%) each year. All expenses for the organization totaled $204.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES ORGANIZED LANGUAGE SESSIONS AND CULTURAL EVENTS TO PROMOTE INTRA-CULTURAL EXCHANGES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES ORGANIZED LANGUAGE SESSIONS AND CULTURAL EVENTS TO PROMOTE INTRA-CULTURAL EXCHANGES FOR 2 1/2 TO 6 YEAR OLD (PRE-K).
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,290 |
| 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 | $67,290 |
| Total Program Service Revenue | $149,813 |
| Investment income | $2 |
| 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 | $217,105 |
| 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 | $105,798 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,772 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $4,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,706 |
| Office expenses | $404 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,859 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $6,949 |
| All other expenses | $4,178 |
| Total functional expenses | $204,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| 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 | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Poverty Project Inc New York, NY | $26,229,156 | $91,596,868 |
Thomas A Russo Foundation Garnet Valley, PA | $0 | -$193,546 |
Passages Inc Clarion, PA | $267,142 | $487,812 |
Dame Jillian & Dr Arthur M Sackler Fdn For The Arts Scs & Humanities New York, NY | $4,071,845 | $327,000 |
International Academy Of Arts & Sci Upper Saddle River, NJ | $0 | $217,105 |
Universal Enlightenment Forum Inc New York, NY | $1,253,539 | $1,050,756 |
Joseph F Meade Memorial Science Fund Hammondsport, NY | $238,774 | $19,440 |
Gilchrist Institute For The Achievement Sciences Ltd Bronxville, NY | $101,013 | $12,644 |
Academy Of Science & Art Of Pittsburgh Canonsburg, PA | $85,790 | $6,992 |
New Jersey Academy Of Science Union, NJ | $71,860 | $0 |
Collaboration Sciences Inc Dba Cowork Connection Plus Lawrenceville, NJ | $0 | $0 |