Art Resources Transfer Inc is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (A02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Resources Transfer 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 Resources Transfer Inc generated $758.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $754.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE A.R.T. LIBRARY PROGRAM RECEIVED 568 ORDERS FROM UNDER-SERVED PUBLIC SCHOOLS, LIBRARIES AND PRISONS IN ALL FIFTY STATES. THE PROGRAM DISTRIBUTED OVER 27,238 BOOKS TOTALING $540,265.
PUBLICATION OF ART BOOKS AND JOURNALS OF VARIOUS ARTISTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Miller-Gamble Treasurer | 0 | $0 | |
Alejandro Cesarco Executive Dir. | 24 | $25,000 | |
Merrill Wagner Director | 1 | $0 | |
Yasmil Raymond President | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $752,165 |
Interest on Savings | $25 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $208 |
Capital Gain Net Income | $208 |
Net ST Capital Gain | $208 |
Income Modifications | $0 |
Profit on Inventory Sales | $5,787 |
Other Income | $729 |
Total Revenue | $758,914 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $25,000 |
Other employee salaries and wages | $39,167 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $5,683 |
Depreciation | $0 |
Occupancy | $3,749 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $667,555 |
Total operating and administrative expenses | $753,973 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $753,973 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $248,921 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $2,373 |
Net Pledges Receivable | $0 |
Grants receivable | $61,000 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $11,186 |
Prepaid expenses and deferred charges | $545 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $17,271 |
Total assets | $341,296 |
Accounts payable and accrued expenses | $19,574 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $2,170 |
Total liabilities | $21,744 |