International Society For The Performing Arts Foundation
- Assets
- $1.8m
- Revenue
- $974.5k
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- 01/1983
- Data as of
- 12/2021
- EIN
- 74-2235431
Organization Overview
International Society For The Performing Arts Foundation is located in New York, NY. The organization was established in 1983. 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. As of 12/2021, International Society For The Performing Arts Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Society For The Performing Arts Foundation 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 Society For The Performing Arts Foundation generated $974.5k 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 (3.5%) each year. All expenses for the organization totaled $744.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. 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
THE INTERNATIONAL SOCIETY FOR THE PERFORMING ARTS (ISPA) IS AN INTERNATIONAL NETWORK OF PERFORMING ARTS PROFESSIONALS WHO COME TOGETHER WITH THE SHARED GOAL OF STRENGTHENING THE ARTS INTERNATIONALLY BY BUILDING LEADERSHIP ABILITY, RECOGNIZING AND DISCUSSING FIELD-WIDE TRENDS AND DEEPENING GLOBAL EXCHANGE THROUGH THE ARTS. WE ACHIEVE THIS THROUGH INTERNATIONAL CONGRESSES, FELLOWSHIP PROGRAMS, PROFESSIONAL DEVELOPMENT WORKSHOPS, RESOURCE SHARING AND ONLINE EXCHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONGRESS (NEW YORK)THE ANNUAL CONGRESS IN NEW YORK FACILITATES THEDEVELOPMENT AND TOURING OF THE PERFORMING ARTS BYPROVIDING A VENUE WHERE CREATORS AND PRESENTERS CANMEET. IT ALSO PROVIDES A FORUM WHERE LEADERS IN THE ARTSCAN DISCUSS THE ISSUES AND CHALLENGES IN A GLOBAL CONTEXT.IN 2021, THIS PROGRAM WAS VIRTUAL.INTERNATIONAL CONGRESSEVERY YEAR ISPA HOLDS A CONGRESS IN A DIFFERENT REGION OFTHE WORLD IN ORDER TO FACILITATE AND FOSTER A GREATERUNDERSTANDING AND AWARENESS OF THE ARTS IN THE REGION. IN2021, THE REYKAJVIK CONGRESS WAS CANCELED DUE TO COVID-19.LEADERSHIP DEVELOPMENTIN AN EFFORT TO STRENGTHEN THE ARTS INTERNATIONALLY,THE ORGANIZATION AWARDS FELLOWSHIPS TO EMERGING ARTSLEADERS. FELLOWSHIPS FACILITATE THE INCUMBENT'SPARTICIPATION IN ISPA'S NETWORK, STRENGTHENINGTHEIR OVERALL PROFESSIONAL NETWORKS AND EXPERIENCE.THIS PROGRAM WAS CURTAILED DUE TO THE PANDEMIC AND HELD VIRTUALLY.ON-LINE INITIATIVESISPACONVENESISPASTREAMSISPA SERIES AT THE FRINGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Baile CEO | Officer | 50 | $204,633 |
Tisa Ho Chair | OfficerTrustee | 2 | $0 |
Alicia Adams Vice Chair | OfficerTrustee | 1 | $0 |
Matthew Vanbesien Secretary/treasurer | OfficerTrustee | 1 | $0 |
Ann Alslov Board Member | Trustee | 1 | $0 |
Rebecca Dawson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $147,115 |
| All other contributions, gifts, grants, and similar amounts not included above | $433,104 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $580,219 |
| Total Program Service Revenue | $339,725 |
| Investment income | $23,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,638 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $974,509 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,160 |
| Grants and other assistance to Foreign Orgs/Individuals | $35,640 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $229,967 |
| Compensation of current officers, directors, key employees. | $57,492 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,431 |
| Pension plan accruals and contributions | $8,630 |
| Other employee benefits | $17,543 |
| Payroll taxes | $25,799 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $275 |
| Fees for services: Accounting | $13,003 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,956 |
| Fees for services: Other | $8,735 |
| Advertising and promotion | $0 |
| Office expenses | $42,577 |
| Information technology | $5,332 |
| Royalties | $0 |
| Occupancy | $36,185 |
| Travel | $4,327 |
| 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 | $2,425 |
| Insurance | $8,358 |
| All other expenses | $0 |
| Total functional expenses | $744,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $441,482 |
| Pledges and grants receivable | $264,211 |
| Accounts receivable, net | $2,967 |
| 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 | $325,426 |
| Net Land, buildings, and equipment | $2,190 |
| Investments—publicly traded securities | $710,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,000 |
| Total assets | $1,766,276 |
| Accounts payable and accrued expenses | $57,654 |
| Grants payable | $0 |
| Deferred revenue | $439,057 |
| 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 | $496,711 |
| Net assets without donor restrictions | $403,596 |
| Net assets with donor restrictions | $865,969 |
| 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 | $1,766,276 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that International Society For The Performing Arts Foundation has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Doris Duke Charitable Foundation Inc New York, NY PURPOSE: TO PROVIDE SUPPORT FOR ENCOURAGING AND EXTENDING PARTICIPATION OF DIVERSE COMMUNITIES IN ISPAS PROGRAMS THROUGH INCLUSION AND ACCESSIBILITY EFFORTS | $70,000 |
Doris Duke Foundation For Islamic Art New York, NY PURPOSE: TO PROVIDE SUPPORT FOR ENCOURAGING AND EXTENDING PARTICIPATION OF DIVERSE COMMUNITIES IN ISPAS PROGRAMS THROUGH INCLUSION AND ACCESSIBILITY EFFORTS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Council Of Learned Societies New York, NY | $199,575,071 | $37,439,846 |
Advertising Research Foundation Inc New York, NY | $7,084,927 | $8,623,968 |
The International Coalition Of Historic Ite Museums Of Conscience New York, NY | $2,572,354 | $8,768,933 |
Theatre Communications Group Inc New York, NY | $7,458,021 | $6,461,267 |
The Broadway League Inc New York, NY | $17,394,373 | $2,874,492 |
American Symphony Orchestra League New York, NY | $11,789,942 | $6,931,089 |
Video Advertising Bureau Inc New York, NY | $5,863,677 | $6,614,761 |
Opera America Inc New York, NY | $21,495,082 | $5,690,929 |
American Institute Of Graphic Arts New York, NY | $6,026,446 | $3,684,558 |
American Numismatic Society New York, NY | $59,393,840 | $7,804,427 |
College Art Association Of America Inc New York, NY | $11,184,804 | $5,238,547 |
Authors Guild Inc New York, NY | $3,070,324 | $4,065,324 |