Artistic Resources In Action Foundation
- Assets
- $1.4m
- Revenue
- $154.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 95-4788175
Organization Overview
Artistic Resources In Action Foundation is located in Los Angeles, CA. The organization was established in 2000. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Artistic Resources In Action 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 12/2023, Artistic Resources In Action Foundation generated $154.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $88.6k during the year ending 12/2023. While expenses have increased by 21.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Artistic Resources In Action Foundation has awarded 55 individual grants totaling $456,106. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF SPECIFIC PROGRAMS AND GRANTMAKING TO OTHER ORGANIZATIONS EXEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS PROGRAMS TO ERECT ENVIRONMENTAL AND SOCIAL JUSTICE INFORMATIONAL BOOTHS AND AREAS AT CONCERTS TO EDUCATE AND ENLIGTHEN PEOPLE WHO ATTEND THESE CONCERT EVENTS,AND WORK WITH BANDS AND THEIR MANAGEMENT TO DISTRIBUTE ENVIRONMENTAL AND SOCIAL JUSTICE EDUCATIONAL INFORMATION THROUGH THE BAND APPROVED INTERNET WEBSITES.THE ORGANIZATION GRANTS TO DIFFERENT EXEMPT ORGANIZATIONS THAT WORK IN THEIR COMMUNITIES TO PROMOTE SOCIAL WELFARE, INCLUDING SUPPORT FOR ENVIRONMENTAL PROTECTION,CLEAN ENERGY,ARTS,EDUCATION,SOCIAL JUSTICE AND ASSISTANCE DUE TO NATURAL DISASTER. THE ORG PROVIDES AID AND OTHER SUPPORT TO NEEDY, UNDERPRIVILEGED INDIVIDUALS WHO ONCE HAD CAREERS IN THE MUSIC INDUSTRY AND HAVE FALLEN ON HARD TIMES OR WHO HAVE PROVEN A LONG TERM COMMITMENT TO PROMOTE SOCIAL WELFARE BUT ARE NOW IN FINANCIAL NEED AND DISTRESS OR ARE IN EMERGENCY MEDICAL NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM TO ERECT ENVIRONMENTAL AND SOCIAL JUSTICE INFORMATION BOOTHS AND AREAS AT CONCERTS TO EDUCATE AND ENLIGHTEN PEOPLE WHO ATTEND THESE CONCERT EVENTS,AND WORK WITH BANDS AND THEIR MANAGEMENT TO DISTRIBUTE ENVIRONMENTAL AND SOCIAL JUSTICE EDUCATIONAL INFORMATION THROUGH BAND APPROVED INTERNET SITES.
OPERATING GRANTS TO DIFFERENT EXEMPT ORGANIZATIONS THAT WORK IN THEIR COMMUNITIES TO PROMOTE SOCIAL WELFARE,INCLUDING SUPPORT FOR ENVIRONMENTAL PROTECTION,CLEAN ENERGY,ARTS,EDUCATION,SOCIAL JUSTICE AND ASSISTANCE DUE TO NATURAL DISASTER.
PROVIDE AID AND OTHER SUPPORT TO NEEDY AND UNDERPRIVILEDGED INDIVIDUALS WHO ONCE HAD CAREERS IN THE MUSIC INDUSTRY BUT ARE NOW IN FINANCIAL NEED AND DISTRESS,AS WELL AS INDIVIDUALS WHO HAVE PROVEN A LONG TERM COMMITMENT TO PROMOTE SOCIAL WELFARE AND HAVE FALLEN ON HARD TIMES OR ARE IN NEED OF EMERGENCY MEDICAL CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Kane Cody President/board Chair | OfficerTrustee | 1.5 | $0 |
Renata Kanclerz Treasurer/director | OfficerTrustee | 0.15 | $0 |
Nadine Bloch Secretary/director | Trustee | 0.15 | $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 | $102,513 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,513 |
| Total Program Service Revenue | $0 |
| Investment income | $51,730 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $656 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $154,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $83,750 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,396 |
| Fees for services: Other | $2,805 |
| Advertising and promotion | $0 |
| Office expenses | $738 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $300 |
| Travel | $0 |
| 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 | $1,261 |
| All other expenses | $0 |
| Total functional expenses | $88,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,421 |
| Savings and temporary cash investments | $64,715 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,377 |
| 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 | $1,185 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,229,104 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,385,802 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $20,000 |
| 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 | $0 |
| Total liabilities | $20,000 |
| Net assets without donor restrictions | $1,365,802 |
| 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 | $1,385,802 |
Grants Awarded
Over the last fiscal year, Artistic Resources In Action Foundation has awarded $100,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR A GREEN ECONOMY PURPOSE: FOR GENERAL OPERATING SUPPORT | $5,000 |
ALLIANCE FOR NUCLEAR RESPONSIBILITY PURPOSE: FOR GENERAL OPERATING SUPPORT | $7,500 |
AMNESTY INTERNATIONAL OF THE USA PURPOSE: FOR GENERAL OPERATING SUPPORT | $10,000 |
BEYOND NUCLEAR PURPOSE: FOR GENERAL OPERATING SUPPORT | $5,000 |
BLUES FOUNDATION PURPOSE: FOR GENERAL OPERATING SUPPORT | $5,000 |
HEADCOUNT PURPOSE: FOR GENERAL OPERATING SUPPORT | $10,000 |