Americans For The Arts Inc
- Assets
- $112.3m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 63
- Location
- Washington, DC
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 52-1996467
Organization Overview
Americans For The Arts Inc is located in Washington, DC. The organization was established in 1997. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Americans For The Arts Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Americans For The Arts 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, Americans For The Arts Inc generated $5.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $17.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Americans For The Arts Inc has awarded 53 individual grants totaling $5,515,384. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.THE MISSION OF AMERICANS FOR THE ARTS (AFTA) IS TO SERVE, ADVANCE, AND LEAD THE NETWORK OF ORGANIZATIONS AND INDIVIDUALS WHO CULTIVATE, PROMOTE, SUSTAIN, AND SUPPORT THE ARTS IN AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND POLICY: RESEARCH AND POLICY IS RESPONSIBLE FOR NATIONAL ARTS POLICY AND ARTS INDUSTRY RESEARCH ON THE VALUE OF THE ARTS TO OUR SOCIETY. THIS RESEARCH IS CONDUCTED USING VARIOUS METHODS AND IS DISSEMINATED THROUGH MEETINGS, MEDIA AND PUBLICATIONS THAT ARE WIDELY DISTRIBUTED. SIGNATURE PROGRAMS IN THIS AREA INCLUDE THE ARTS & ECONOMIC PROSPERITY STUDY, NATIONAL ARTS INDEX AND STUDIES ON VARIOUS TOPICS SUCH AS LOCAL ARTS FUNDING STATISTICS, UNITED ARTS FUNDRAISING LOCAL ARTS SALARY INFORMATION, CULTURAL DISTRICTS AND MORE THAT PROVIDE IMPORTANT CASE MAKING DATA TO ALL ARTS ADVOCATES.THE CREATIVE FORCES PROGRAM SERVES MILITARY SERVICE MEMBERS WITH TRAUMATIC BRAIN INJURIES AT MILITARY FACILITIES.
LOCAL ARTS ADVANCEMENT IS RESPONSIBLE FOR PROVIDING PROFESSIONAL DEVELOPMENT, CASE MAKING INFORMATION AND NETWORKING OPPORTUNITIES TO THE MANY ORGANIZATIONS AND INDIVIDUALS THAT WORK TO BUILD STRONGER COMMUNITIES THROUGH THE ARTS EVERY DAY THEY DO THIS WORK THROUGH MAJOR CONVENING.
GOVERNMENT AND PUBLIC AFFAIRS IS RESPONSIBLE FOR ALL GOVERNMENT AFFAIRS WORK AND DEVELOPING PARTNERSHIPS WITH GOVERNMENT AND OTHER NON-GOVERNMENTAL ORGANIZATIONS TO PROMOTE THE VALUE OF ARTS AND THE MISSION OF AFTA'S TWO KEY PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nolen Bivens President & CEO - As Of 06/21 | OfficerTrustee | 34.5 | $551,698 |
Julie C Muraco Board Chair | OfficerTrustee | 2 | $0 |
Abel Lopez Immediate Past Board Chair | OfficerTrustee | 2 | $0 |
Michael Spring Secretary | OfficerTrustee | 2 | $0 |
Deborah Jordy Treasurer | OfficerTrustee | 2 | $0 |
Edgar L Smith Jr Vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Hewlin Group Employee Training | 12/30/22 | $455,685 |
Arts Consulting Group Consulting | 12/30/22 | $301,541 |
Nepc Llc Investment Management | 12/30/22 | $260,330 |
Omni Shoreham Hotel Annual Convention | 12/30/22 | $218,578 |
Nimbleuser Crm Build & Data Migration | 12/30/22 | $204,899 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,085,362 |
| Investment income | $376 |
| 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 | $2,497 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,323,160 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $213,136 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,090,418 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,162,071 |
| Pension plan accruals and contributions | $239,797 |
| Other employee benefits | $616,130 |
| Payroll taxes | $442,720 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,714,029 |
| Fees for services: Accounting | $163,261 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,029 |
| Fees for services: Other | $2,834,941 |
| Advertising and promotion | $96,339 |
| Office expenses | $275,594 |
| Information technology | $1,079,733 |
| Royalties | $0 |
| Occupancy | $980,523 |
| Travel | $23,414 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $509,119 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,746 |
| Insurance | $75,604 |
| All other expenses | $0 |
| Total functional expenses | $17,947,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,737 |
| Savings and temporary cash investments | $22,927 |
| Pledges and grants receivable | $1,667,653 |
| Accounts receivable, net | $2,413,804 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $78,305 |
| Prepaid expenses and deferred charges | $126,793 |
| Investments—publicly traded securities | $104,113,652 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,424,716 |
| Total assets | $112,282,841 |
| Accounts payable and accrued expenses | $810,676 |
| Grants payable | $0 |
| Deferred revenue | $488,502 |
| 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 | $1,147,900 |
| Other liabilities | $1,530,289 |
| Total liabilities | $3,977,367 |
| Net assets without donor restrictions | $102,863,479 |
| Net assets with donor restrictions | $5,441,995 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $108,305,474 |
Grants Awarded
Over the last fiscal year, Americans For The Arts Inc has awarded $345,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICANS FOR THE ARTS ACTION FUND PURPOSE: ANNUAL CONTRIBUTION | $330,000 |
ARTS & BUSINESS COUNCIL OF NEW YORK PURPOSE: ANNUAL CONTRIBUTION | $15,000 |