Aesthetic Realism Foundation Inc
- Assets
- $3.8m
- Revenue
- $464.0k
- Investments
- $0.0
- Employees
- 18
- Location
- New York, NY
- Founding
- 10/1975
- Data as of
- 12/2023
- EIN
- 51-0179690
Organization Overview
Aesthetic Realism Foundation Inc is located in New York, NY. The organization was established in 1975. As of 12/2023, Aesthetic Realism Foundation Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aesthetic Realism Foundation 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 12/2023, Aesthetic Realism Foundation Inc generated $464.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $475.4k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH AESTHETIC REALISM, FOUNDED BY ELI SIEGEL, WHICH EXPLAINS THE RELATION OF LIFE AND ART, AND MEETS THE NEED FOR PEOPLE TO SEE EACH OTHER AND REALITY FAIRLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AESTHETIC REALISM COURSES AND CLASSES: AESTHETIC REALISM CLASSES AND SEMESTER COURSES, INCLUDING POETRY, ANTHROPOLOGY, MARRIAGE, MUSIC, THE VISUAL ARTS, HISTORY, EDUCATION, AND CURRENT EVENTS. IN EACH CLASS STUDENTS SEE HOW THE SUBJECT, IN ALL ITS RICHNESS, IS A MAKING ONE OF THE OPPOSITES THAT ARE PRESENT IN ALL ART AND REALITY, AND THAT PEOPLE ARE TRYING TO PUT TOGETHER IN THEMSELVES. TOTAL ATTENDANCE: 1,916
PRESENTATIONS: PUBLIC SEMINARS AND DRAMATIC AND MUSICAL PRESENTATIONS, ALL BASED ON THE PRINCIPLES OF AESTHETIC REALISM. SEMINARS INCLUDE SUCH SUBJECTS AS LOVE, ANGER, AMBITION, PARENTING; GROUNDBREAKING TALKS BY ARTISTS AND SCHOLARS ON THIS NEW WAY OF SEEING THE ARTS, PEOPLE, AND REALITY ITSELF. THE AESTHETIC REALISM THEATRE COMPANY OFFERS PIONEERING MUSICAL AND DRAMATIC PRODUCTIONS, FROM SHAKESPEARE TO ROCK 'N' ROLL, WITH PERFORMANCE AND COMMENT. DUE TO THE COVID-19 PANDEMIC, IN-PERSON PUBLIC EVENTS WERE TEMPORARILY SUSPENDED IN MARCH 2020. THEY WILL RESUME WHEN IT IS SAFE TO DO SO.
OUTREACH PROGRAM: THE FOUNDATION'S OUTREACH PROGRAM INCLUDES WORKSHOPS FOR SENIORS IN BOTH ENGLISH AND SPANISH AND FOR CHILDREN AT SCHOOLS AND YOUTH CENTERS; DRAMATIC AND MUSICAL PERFORMANCES BY THE AESTHETIC REALISM THEATRE COMPANY; TALKS ON SUBJECTS FROM ANTHROPOLOGY TO JAZZ, EDUCATION TO ARCHITECTURE AND THE ARTS; ANTI-PREJUDICE AND ANTI-BULLYING WORKSHOPS FOR PEOPLE OF ALL AGES. TOTAL ATTENDANCE: 721
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Administrative Officer | OfficerTrustee | 35 | $39,814 |
Name Not Listed Administrative Officer | OfficerTrustee | 30 | $31,927 |
Name Not Listed Secretary | OfficerTrustee | 3 | $0 |
Name Not Listed Executive Director | OfficerTrustee | 35 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 35 | $0 |
Name Not Listed Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $60,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $172,695 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,695 |
| Total Program Service Revenue | $126,549 |
| Investment income | $98,539 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,195 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $463,956 |
| 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. | $104,527 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $210,835 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,270 |
| Payroll taxes | $26,899 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,717 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $242 |
| Fees for services: Other | $4,338 |
| Advertising and promotion | $13,059 |
| Office expenses | $11,569 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,360 |
| 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 | $50,649 |
| Insurance | $17,972 |
| All other expenses | $0 |
| Total functional expenses | $475,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,508 |
| Savings and temporary cash investments | $59,876 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $308,309 |
| 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 | $1,204,503 |
| Investments—publicly traded securities | $2,168,293 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,669 |
| Total assets | $3,836,158 |
| Accounts payable and accrued expenses | $20,983 |
| 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 | $20,983 |
| Net assets without donor restrictions | $3,815,175 |
| 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 | $3,836,158 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urzone Inc Brooklyn, NY | $686,822 | $791,135 |
Aesthetic Realism Foundation Inc New York, NY | $3,836,158 | $463,956 |
Joseph Campbell Foundation Florham Park, NJ | $194,741 | $389,416 |
Journal Of Philosophy Inc New York, NY | $2,269,178 | $365,052 |
Paul Brunton Philosophic Foundation Inc Burdett, NY | $509,949 | $159,210 |
Advaita Meditation Center A Non Profit Corporation Waltham, MA | $1,962,681 | $55,118 |
United Social Services Of The Society For Ethical Culture Inc New York, NY | $851,313 | $72,502 |
Wisdoms Goldenrod Ltd Hector, NY | $199,066 | $0 |
Philadelphia Ethical Society Endowment Fund Td 1519030529 150 Philadelphia, PA | $503,205 | $22,857 |