Art Papers Inc
- Assets
- $106.8k
- Revenue
- $433.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Atlanta, GA
- Founding
- 10/1980
- Data as of
- 12/2023
- EIN
- 58-1404850
Organization Overview
Art Papers Inc is located in Atlanta, GA. The organization was established in 1980. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Art Papers Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Papers 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, Art Papers Inc generated $433.2k 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 (4.8%) each year. All expenses for the organization totaled $397.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ATLANTA-BASED AND GLOBALLY ENGAGED, ART PAPERS SERVES THE CREATIVE COMMUNITY AND THE CULTURALLY CURIOUS BY EXPANDING THE DIALOGUE AROUND CONTEMPORARY ART AND CULTURE, EXPLORING THE WAYS THEY AFFECT AND REFLECT HUMAN EXPERIENCE. WE DO THIS IN PRINT, ONLINE, AND THROUGH PUBLIC PROGRAMMING.
Describe the Organization's Program Activity:
PUBLICATION OF ART PAPERS MAGAZINE, A CONTEMPORARY ART AND CULTURE PUBLICATION; PRESENTATION OF ART PAPERS LIVE, A FREE PUBLIC LECTURE SERIES; PUBLISHING OF EDITORIAL CONTENT DIGITALLY TO ARTPAPERS.ORG; PRESENTATION OF CONTRIBUTOR CONVERSATIONS; TALKS ON INSTAGRAM; AND PRODUCTION OF ART PAPERS EXHIBITS, AN EXHIBITION PROGRAM.
PUBLICATION OF ART PAPERS MAGAZINE, AN AWARD-WINNING CONTEMPORARY ART BI- MONTHLY AND PRESENTATION OF THE COMTEMPORARY ART LECTURE SERIES "ART PAPERS LIVE"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Coco Conroy Secretary | OfficerTrustee | 4 | $0 |
Jill Frank Board Member | Trustee | 2 | $0 |
Donovan Johnson Board Member | Trustee | 2 | $0 |
Ramie Little President | OfficerTrustee | 4 | $0 |
Melissa Messina Board Member | Trustee | 2 | $0 |
Sherri Daye Scott Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $23,600 |
| Related organizations | $0 |
| Government grants | $104,201 |
| All other contributions, gifts, grants, and similar amounts not included above | $168,000 |
| Noncash contributions included in lines 1a–1f | $23,600 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,801 |
| Total Program Service Revenue | $49,827 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $82,376 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $433,236 |
| 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 | $0 |
| Other salaries and wages | $178,614 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,912 |
| Payroll taxes | $13,514 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,781 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,621 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,298 |
| Travel | $2,255 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,621 |
| All other expenses | $20,288 |
| Total functional expenses | $397,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,034 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,075 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $702 |
| Total assets | $106,811 |
| Accounts payable and accrued expenses | $23,876 |
| Grants payable | $0 |
| Deferred revenue | $37,061 |
| 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 | $60,937 |
| Net assets without donor restrictions | $45,874 |
| 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 | $106,811 |