American Institute Of Graphic Arts is located in Norwood, MA. The organization was established in 1991. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Institute Of Graphic Arts 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 09/2024, American Institute Of Graphic Arts generated $51.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $66.3k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PROMOTES EXCELLENCE IN GRAPHIC DESIGN THROUGH EDUCATIONAL ACTIVITIES, COMPETITIONS, EXHIBITIONS, PUBLICATIONS, SEMINARS, AND PROJECTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathryn Olivieri Vice Preside | 3 | $0 | |
Natalia Celine Arias Programming | 4 | $0 | |
Jessica Hoang Co-President | 7 | $0 | |
Juan Pablo Madrid Programming | 4 | $0 | |
Sarah Coloma Operations D | 4 | $0 | |
Megan Kimmitt President | 7 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,364 |
Total Program Service Revenue | $30,229 |
Membership dues | $927 |
Investment income | $3,274 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,222 |
Total Revenue | $51,016 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $21,611 |
Professional fees and other payments to independent contractors | $2,012 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $42,677 |
Total expenses | $66,300 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $307,112 |
Other assets | $0 |
Total assets | $307,112 |
Total liabilities | $0 |
Net assets or fund balances | $307,112 |