International Arts And Artists Inc
- Assets
- $3.2m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 17
- Location
- Washington, DC
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 57-1025197
Organization Overview
International Arts And Artists Inc is located in Washington, DC. The organization was established in 1996. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, International Arts And Artists Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Arts And Artists 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, International Arts And Artists Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
IA&A IS A NON-PROFIT ARTS SERVICE ORGANIZATION DEDICATED TO INCREASING CROSS-CULTURAL UNDERSTANDING AND EXPOSURE TO THE ARTS INTERNATIONALLY. IA&A FULFILLS ITS MISSION BY PROVIDING PROGRAMS AND SERVICES TO ART INSTITUTIONS, CULTURAL ORGANIZATIONS AND THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITIONS: INTERNATIONAL ARTS AND ARTISTS (IA&A) EXHIBITIONS PROMOTED INTERNATIONAL AND CROSS-CULTURAL UNDERSTANDING BY ORGANIZING AND TOURING 100+ ART AND DESIGN EXHIBITIONS, PRESENTED OVER 800 TIMES IN 500+ MUSEUMS AND CULTURAL INSTITUTIONS AND SHOWCASING A WIDE RANGE OF DIVERSE ARTISTS, ART MOVEMENTS AND CULTURAL PROGRAMS. IA&A HAS COLLABORATED WITH INSTITUTIONS IN ALL 50 US STATES AND MOST CANADIAN PROVINCES, AS WELL AS WITH INSTITUTIONS IN OTHER COUNTRIES IN AN EFFORT TO MAKE THE ARTS MORE AVAILABLE TO THE BROADEST SEGMENTS OF THE POPULATION.IA&A ALSO MAINTAINS AND CIRCULATES THE 370+ WORKS OF THE HECHINGER TOOLS AS ART COLLECTION AS A DEMONTRATION OF HOW MUSEUM COLLECTIONS CAN BE ACTIVELY ACCESSIBLE AND USED FOR PUBLIC PURPOSES. IA&A ALSO PRODUCES AND DISTRIBUTES ATTENDANT CATALOGS AND SUPPORT MATERIALS FOR ITS PROGRAMS, ITS TOURING EXHIBITIONS, AND FOR OTHER ORGANIZATIONS.
HILLYER ART SPACE: IA&A AT HILLYER IS FOR THE OPERATION AND MAINTENANCE OF A CONTEMPORARY ARTS CENTER LOCATED IN DOWNTOWN WASHINGTON DC, OFFERING VISUAL ARTS EXHIBITIONS AND RELATED ARTS PROGRAMMING OF REGIONAL, NATIONAL AND INTERNATIONAL SIGNIFICANCE, SERVING THE WASHINGTON, DC CAPITAL REGION AND ITS VISITORS.
CULTURAL EXCHANGE PROGRAM: IA&AS CULTURAL EXCHANGE PROGRAM IS AN ART CAREER-TRAINING AND CULTURAL EXCHANGE PROGRAM THAT HAS FACILITIATED OPPORTUNITIES FOR OVER 1,400 INTERNATIONAL STUDENTS, RESEARCHERS, AND ARTISTS TO COME TO THE UNITED STATES FROM ALL OVER THE WORLD. THROUGH THE J-1 VISA SPONSORSHIP, THEY PARTICIPATE IN PROFESSIONAL AND PRACTICAL TRAINING PLACEMENTS AND SCHOLARLY EXCHANGES IN HUNDREDS OF MUSEUMS, OTHER VISUAL ARTS INSTITUTIONS, AS WELL AS IN DESIGN FIRMS, PERFORMING ARTS, LITERARY ARTS AND OTHER CULTURAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Furchgott Trustee Founder Interim Pre | Trustee | 50 | $44,770 |
Dr O M Hamerick Chair | Officer | 2 | $0 |
Micheal L Freedman Treasurer | Officer | 2 | $0 |
Warren Brown Secretary | Officer | 2 | $0 |
Lisa Wood Former Treasurer | Officer | 1 | $0 |
Juanita Hardy Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $775 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $378,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,502 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $455,277 |
| Total Program Service Revenue | $1,436,802 |
| Investment income | $286 |
| 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 | $1,902,138 |
| 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 | $44,770 |
| Other salaries and wages | $375,274 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,358 |
| Payroll taxes | $36,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $524 |
| Fees for services: Accounting | $33,279 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $387,860 |
| Advertising and promotion | $2,561 |
| Office expenses | $21,128 |
| Information technology | $4,536 |
| Royalties | $0 |
| Occupancy | $91,977 |
| Travel | $13,791 |
| 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 | $33,601 |
| Insurance | $18,880 |
| All other expenses | $0 |
| Total functional expenses | $1,499,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,845 |
| Savings and temporary cash investments | $346,106 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,179 |
| 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 | $97,018 |
| Net Land, buildings, and equipment | $1,639,960 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,111 |
| Other assets | $759,285 |
| Total assets | $3,217,504 |
| Accounts payable and accrued expenses | $36,067 |
| Grants payable | $0 |
| Deferred revenue | $924,917 |
| 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 | $1,309,307 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $499,900 |
| Total liabilities | $2,770,191 |
| Net assets without donor restrictions | -$311,972 |
| Net assets with donor restrictions | $759,285 |
| 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 | $3,217,504 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Arts And Artists Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
The Samuel And Robert Decker Foundation Mclean, VA PURPOSE: GENERAL SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mariners Museum Newport News, VA | $159,780,245 | $10,021,200 |
Chesapeake Bay Maritime Museum Inc Saint Michaels, MD | $39,670,845 | $11,802,090 |
Science Museum Of Virginia Foundation Incorporated Richmond, VA | $31,752,161 | $5,835,880 |
National Building Museum Washington, DC | $8,920,603 | $4,582,435 |
Annapolis Maritime Museum Inc Annapolis, MD | $6,274,722 | $3,173,631 |
The Hermitage Museum And Gardens Norfolk, VA | $905,671 | $1,858,618 |
Keystone Tractor Museum Inc Colonial Heights, VA | $22,360,643 | $1,038,052 |
International Arts And Artists Inc Washington, DC | $3,217,504 | $1,902,138 |
The Black History Museum And Cultural Center Inc Richmond, VA | $8,478,867 | $745,690 |
Military Aviation Museum Virginia Beach, VA | $1,953,725 | $1,982,680 |
Old Dominion University Museum Foundation Norfolk, VA | $8,337,804 | $1,813,062 |
Chinese American Museum Foundation Washington, DC | $361,259 | $853,727 |