North American Artist Foundation
- Assets
- $49.2k
- Revenue
- $247.5k
- Investments
- $0.0
- Employees
- 3
- Location
- St Clair, MO
- Founding
- 02/2019
- Data as of
- 06/2022
- EIN
- 81-1100034
Organization Overview
North American Artist Foundation is located in St Clair, MO. The organization was established in 2019. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, North American Artist Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North American Artist 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 06/2022, North American Artist Foundation generated $247.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $258.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST GIFTED AND PROMISING ARTISTS TO OBTAIN MUSICAL ENGAGEMENTS. ORGANIZE AND PROMOTE CONCERT SERIES' WHICH PROVIDE MUSICAL PERFORMANCE OPPORTUNITIES WHILE PROVIDING A PUBLIC SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A. HOSTED SEVERAL CONCERT SERIES WITH PROMOTION AND BY PROVIDING ARTISTS, SOME OF WHICH GET PAID AND SOME DO NOT. HYDRANGEA FOUNDATION RECEIVED NO REMUNERATION: 1. ALL SAINTS STEINWWAY SERIES CONSISTED OF FIVE PIANO CONCERTS IN THE YEAR. THE ANGLICAN CHURCH HELPED WITH PROMOTION AND PROVIDED THE VENUE AND CHARGED NO ADMISSION. 2. BELLEVUE, ILLINOIS PHILHARMONIC ORCHESTRA CO-SPONSORS A SERIES TITLED "GREAT PIANISTS OF THE WORLD,X AND PROVIDED THREE CONCERTS IN THE PAST YEAR. THE ORCHESTRA CHARGES A NOMINAL ADMISSION FEE, NONE OF WHICH GOES TO HYDRANGEA FOUNDATION.3. GREAT PIANISTS OF THE WORLD ALSO PROVIDED A SERIES AT LORTON CENTER AT THE UNIVERSITY OF TULSA IN TULSA, OKLAHOMA, PROVIDED FREE TO THE PUBLIC. THE VENUE IS PROVIDED WITHOUT CHARGE BY THE UNIVERSITY OF TULSA. THREE CONCERTS IN THE PAST YEAR WERE ORGANIZED AND PROMOTED, WITH ARTISTS PROVIDED BY HYDRANGEA FOUNDATION.4. GREAT PIANISTS OF THE WORLD SERIES ALSO HAD CONCERTS IN SEVERAL OTHER LOCATIONS IN THE UNITED STATES AND THE WORLD, WITH ARTISTS PROVIDED BY HYDRANGEA FOUNDATION.B. PROMOTED ARTISTS' WORKS, FOR OVER 100 INDIVIDUAL MUSICAL ARTISTS, 10 ORCHESTRAS AND OVER 30 ENSEMBLES, PROVIDED MUSICAL MANAGEMENT TRAINING, SECURED ARTISTS ENGAGEMENTS AND EDUCATED ARTISTS TO MARKET AND MANAGE THEMSELVES. DICKRAN ATAMIAN, AS THE PRESIDENT OF HYDRANGEA FOUNDATION, GIVES FREE ONE-HALF HOUR CAREER ADVICE SESSIONS TO MUSICIANS THROUGHOUT THE WORLD, ABOUT 10 OF THESE "CAREER ADVICE WITH JACK PRICE" SESSIONS ARE GIVEN WEEKLY. DICKRAN ATAMIAN IS ALSO KNOWN AS JACK PRICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dickran Atamian Managing Dir | OfficerTrustee | 40 | $34,461 |
Patsy H Weber Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $247,503 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,503 |
| 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. | $34,461 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,557 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,661 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $100 |
| Office expenses | $5,356 |
| Information technology | $18,874 |
| Royalties | $0 |
| Occupancy | $25,248 |
| Travel | $377 |
| 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 | $0 |
| Insurance | $6,712 |
| All other expenses | $26,552 |
| Total functional expenses | $258,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,993 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $6,207 |
| 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 | $0 |
| Total assets | $49,200 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $583 |
| Total liabilities | $583 |
| Net assets without donor restrictions | $48,617 |
| 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 | $49,200 |