International Association Of Pastel Societies
- Assets
- $298.0k
- Revenue
- $225.7k
- Investments
- $126.2k
- Employees
- 1
- Location
- Kingston, MA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 84-1292079
Organization Overview
International Association Of Pastel Societies is located in Kingston, MA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Pastel Societies 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 Association Of Pastel Societies generated $225.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $154.8k 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
THE GOAL OF THE ASSOCIATION IS TO PROMOTE THE APPRECIATION AND DESIRABILITY OF THE PASTEL MEDIUM AS A FINE ART MEDIUM BY THE GENERAL PUBLIC, ART MUSEUMS AND GALLERIES, COLLECTORS, ART PUBLISHERS, AND ARTISTS, THE ASSOCIATION IS A MEMBERSHIP ORGANIZATION WHICH SUPPORTS ITS MEMBER PASTEL ART SOCIETIES, WHOSE MEMBERS ARE INDIVIDUAL PASTEL ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL ASSOCIATION OF PASTEL SOCIETIES (IAPS) ORGANIZED THE INT'T CONVENTION AT ALBUQUERQUE, NEW MEXICO TO ACHIEVE ITS PRIMARY PURPOSE. IAPS ORGANIZED CONVENTIONS TO GET TOGETHER ALL MEMBERS OF THE PASTEL ART SOCIETIES TO ACHIEVE THE FOLLOWING OBJECTIVES: BRING ALL PASTEL ARTISTS TOGETHER AS ONE LARGE REPRESENATION. IAPS DOES NOT PROVIDE INDIVIDUAL MEMBERSHIP. INDIVIDUALS, WHO BELONG TO AN IAPS MEMBER SOCIETY, RECIEVE ALL BENEFITS OF MEMBERSHIPS, ASSIST ARTISTS IN THEIR INDIVIDUAL ASPIRATIONS TO BECOME BETTER BY EDUCATIONAL AND INFORMATIVE CONVENTIONS, WITH SEMINARS, DEMONSTRATIONS AND PRODUCT INFORMATION TO EXPAND THE ARTIST'S KNOWLEDGE. HELP EACH PASTEL SOCIETY IN A NETWORK OF INFORMATION THAT WILL BE OF VALUE TO ALL MEMBERS. THIS IS ACCOMPLISHED BY EXCHANGING IDEAS AND NEWSLETTERS BETWEEN SOCIETIES. TO CREATE AN AWARENESS TO THE VALUES OF PASTEL PAINTINGS TO ALL ARTISTS, GALLERIES, COLECTORS, MUSEUMS, AS WELL AS POTENTIAL BUYERS OF QUALITY ART. TO EDUCATE ART EXHIBITIONS, SHOWS AND COMPETITIONS ON THE REALITY OF CREATING A PASTEL CATEGORY FOR EQUAL COMPETITION. TO DEVELOP A POSITIVE LINE OF COMMUNICATION WITH VARIOUS ART PUBLICATIONS TO MAINTAIN A REASONABLE FLOW OF PASTEL RELATED FEATURE ARTICLES ABOUT PASTEL ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Weber Executive Director | Officer | 40 | $62,383 |
Nancy Novak Director | Trustee | 2 | $1,000 |
Richard Mckinley President | OfficerTrustee | 30 | $0 |
Ginny Burdick Treasurer | OfficerTrustee | 15 | $0 |
Christine Ivers Vice President | OfficerTrustee | 3.5 | $0 |
Shirley Anderson Secretary | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,150 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,334 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,084 |
| Total Program Service Revenue | $177,404 |
| Investment income | $17 |
| 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 | $225,672 |
| 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. | $62,383 |
| Compensation of current officers, directors, key employees. | $62,383 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,900 |
| Advertising and promotion | $72 |
| Office expenses | $2,939 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,420 |
| Travel | $10,743 |
| 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 | $1,676 |
| All other expenses | $3,019 |
| Total functional expenses | $154,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,806 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $126,159 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $297,965 |
| 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 | $2,016 |
| Total liabilities | $2,016 |
| Net assets without donor restrictions | $0 |
| 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 | $295,949 |
| Total liabilities and net assets/fund balances | $297,965 |
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