Arte Institute Inc is located in Brookly, NY. The organization was established in 2012. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Arte Institute 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 12/2022, Arte Institute Inc generated $127.4k 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 (6.7%) each year. All expenses for the organization totaled $146.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INFORMATION ON PORTUGESE ART, MUSICAL, AND FILM AND CULTURAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3
NY PORTUGUESE SHORT FILM FESTIVAL IN NYC
SUMMER STAGE CONCERT AT CENTRAL PARK, NYC, NY
PORUGAL IN SOHO-PORTUGUESE HERITAGE IN SOHO
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ana Ventura Miranda President/treasurer | OfficerTrustee | 65 | $0 |
Sofia Catarino Secretary | OfficerTrustee | 10 | $0 |
Andrea Duarte Chairman | Trustee | 10 | $0 |
Roman Hunger Board Member | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $107,381 |
Membership dues | $19,975 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $127,356 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $60,000 |
Professional fees and other payments to independent contractors | $4,050 |
Occupancy, rent, utilities, and maintenance | $223 |
Printing, publications, postage, and shipping | $456 |
Other expenses | $81,700 |
Total expenses | $146,429 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $21,950 |
Other assets | $0 |
Total assets | $21,950 |
Total liabilities | $0 |
Net assets or fund balances | $21,950 |