STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

AMERICANS FOR THE ARTS INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
AMERICANS FOR THE ARTS INC (EIN 52-1996467)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202413209349313131
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T12:47:14-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN111986323PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ Advisors IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11899 L Street NW Suite 850AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521996467EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Americans for the Arts IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone2023712830PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11275 K Street NW 1200AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJamie BennettPersonNm
Person TitleInterim CEOPersonTitleTxt
Phone2023712830PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAaron M FoxPreparerPersonNm
PTINP01365820PTIN
Phone2022274000PhoneNum
Preparation2024-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJamie BennettPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11275 K Street NW 1200AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,647,628GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.artsusa.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionSee Schedule O.The mission of Americans for the Arts (AFTA) is to serve, advance, and lead the network of organizations and individuals who cultivate, promote, sustain, and support the arts in America.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee66TotalEmployeeCnt
Total Volunteers35TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,951,827PYContributionsGrantsAmt
CY Contributions Grants$815,766CYContributionsGrantsAmt
PY Program Service Revenue$685,096PYProgramServiceRevenueAmt
CY Program Service Revenue$1,552,173CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income-$742CYInvestmentIncomeAmt
PY Other Revenue$285,199PYOtherRevenueAmt
CY Other Revenue$279,689CYOtherRevenueAmt
PY Total Revenue$4,922,122PYTotalRevenueAmt
CY Total Revenue$2,646,886CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$864,626CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,951,867PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,404,632CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$702,284CYTotalFundraisingExpenseAmt
PY Other Expenses$7,584,050PYOtherExpensesAmt
CY Other Expenses$4,581,255CYOtherExpensesAmt
PY Total Expenses$15,535,917PYTotalExpensesAmt
CY Total Expenses$11,850,513CYTotalExpensesAmt
PY Revenues Less Expenses-$10,613,795PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$9,203,627CYRevenuesLessExpensesAmt
Total Assets BOY$123,306,838TotalAssetsBOYAmt
Total Assets EOY$111,644,188TotalAssetsEOYAmt
Total Liabilities BOY$10,943,559TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,595,244TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$112,363,279NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$102,048,944NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe mission of Americans for the Arts (AFTA) is to serve, advance, and lead the network of lead the network of organizations and individuals who cultivate, promote, sustain, and support the arts in America.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,967,951ExpenseAmt
Grant$50,000GrantAmt
Revenue$1,342,077RevenueAmt
DescResearch and policy: Research and policy is responsible for national society. This research is conducted using various methods and is disseminated through meetings, media and publications that are widely distributed. Signature programs in this area include the arts & economic prosperity study, national arts index and studies on various topics such as local arts funding statistics, united arts fundraising local arts salary information, cultural districts and more that provide important case making data to all arts advocates. The creative forces program serves military service members with traumatic brain injuries at military facilities.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$4,231,113ExpenseAmt
Grant$700,000GrantAmt
Revenue$210,585RevenueAmt
DescGovernment and public affairs: Government and public affairs is responsible for all government affairs work and developing partnerships with government and other non-governmental organizations to promote the value of the arts and mission of AFTA's two key programs, including herein are the annual Nancy Hanks lecture on arts and public policy and arts advocacy day activities. This area also includes our arts education policy work advancing equitable access for arts education across the country.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$418,174ExpenseAmt
DescLocal arts advancement: Local arts advancement is responsible for providing professional development, case making information and networking opportunities to the many organizations and individuals that work to build stronger communities through the Arts every day they do this work through major convening such as the Annual Convention and National Arts Marketing Project Conference to smaller gatherings like Executive Leadership Forum at Sundance. They also convene networks of core constituencies including Public Art, Emerging Leaders, Rural Arts, County Arts, The US Urban Arts Federation, The New Community Visions Initiative and more. In addition, the implement the membership program and ensure our members receive strong benefits that help achieve their goals.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Grant$114,626GrantAmt
DescScholarships and AwardsDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Grant$114,626TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$8,617,238TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document49IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee66EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJamie BennettPersonNm
Phone2023712830PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11275 K StreetAddressLine1Txt
CityNW WashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Nolen Bivens
President & CEO34.503.00Yes (X)Yes (X)$550,450$0$14,898
Caridad Mozur
Senior VP, Development - as of 8/202337.50Yes (X)$129,016$0$14,535
Daniel Fitzmaurice
Chief of Staff - until 9/202337.50Yes (X)$129,773$0$30,995
Julie C Muraco
Board Chair2.001.00Yes (X)Yes (X)$0$0$0
Abel Lopez Immediate
Past Board Chair - until 12/232.00Yes (X)Yes (X)$0$0$0
Michael Spring
Secretary - until 12/232.001.00Yes (X)Yes (X)$0$0$0
Deborah Jordy
Treasurer - until 12/232.00Yes (X)Yes (X)$0$0$0
Michelle Boone
Vice Chair2.00Yes (X)Yes (X)$0$0$0
John Haworth
Vice Chair2.00Yes (X)Yes (X)$0$0$0
Edgar L Smith Jr
Vice Chair2.00Yes (X)Yes (X)$0$0$0
Floyd W Green III
At Large2.00Yes (X)$0$0$0
Debra Garcia y Griego
At Large2.00Yes (X)$0$0$0
Dorothy Pierce McSweeny
At Large2.001.00Yes (X)$0$0$0
Torrie Allen
Director2.00Yes (X)$0$0$0
Sarah Arison
Director - until 12/232.00Yes (X)$0$0$0
Chris Cutler
Director2.00Yes (X)$0$0$0
Theo Edmonds
Director2.00Yes (X)$0$0$0
Marc Folk
Director2.00Yes (X)$0$0$0
Mark Golden
Director2.00Yes (X)$0$0$0
Susan Goode
Director2.00Yes (X)$0$0$0
Brian Stokes Mitchell
Director2.00Yes (X)$0$0$0
Kristina Newman-Scott
Director2.00Yes (X)$0$0$0
Robert Newman
Director2.00Yes (X)$0$0$0
Ravi S Rajan
Director2.00Yes (X)$0$0$0
Ira Sallen
Director2.00Yes (X)$0$0$0
Nancy Stephens
Director2.001.00Yes (X)$0$0$0
Ann S Stock
Director2.001.00Yes (X)$0$0$0
Nina Ozlu Tunceli
Counsel & Exec. Dir., AAF37.50$241,169$0$46,733Yes (X)
Randy Cohen
VP, Research & Policy37.50$205,372$0$28,218Yes (X)
Nora Halpern
VP, Leadership Alliances37.50$229,492$0$17,047Yes (X)
Kimberly Hedges
VP, Systems Engagement - until 4/2337.50$157,113$0$15,518Yes (X)
Maria Elmeralda Paguaga
VP, Strategic Communications37.50$197,621$0$20,701Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,840,006TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$188,645TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K16IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Vault Consulting
8401 Greensboro Drive Suite 500McLeanVA22101Accounting & HR services$583,804
Miles Partnership LLLP
PO Box 54133 Ste 200New OrleansLA70154Consulting$212,700
Beacon Hill Staffing Group LLC
PO Box 846193BostonMA02284Temp staffing$182,840
NimbleUser
9620 Executive Center Drive 200St PetersburgFL33702IT/technology services$153,172
Marcum LLP
1899 L Street NW 11th FloorWashingtonDC20036Audit & 990 services$142,313
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
Government Grants$121,267GovernmentGrantsAmt
All Other Contributions$694,499AllOtherContributionsAmt
Total Contributions$815,766TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Economic impact study900099$1,354,752$1,354,752
Membership dues900099$194,713$194,713
Contract services900099$1,458$1,458
Speaker fees900099$1,250$1,250
FieldValueIRS element (for citing)
Total Program Service Revenue$1,552,173TotalProgramServiceRevenueAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$742SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$742SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$742TotalRevenueColumnAmt
Exclusion-$742ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$489GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$489TotalRevenueColumnAmt
Related Or Exempt Func Income$489RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
Expense Reimbusement900099$212,926$212,926
Job Bank Revenue900099$60,007$60,007
All Other Revenue900099$6,267$6,267
FieldValueIRS element (for citing)
Other Revenue Total$279,200OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,646,886TotalRevenueColumnAmt
Related Or Exempt Func Income$1,552,662RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$278,458ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$750,000TotalAmt
Program Services$750,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$114,626TotalAmt
Program Services$114,626ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$869,669TotalAmt
Program Services$355,798ProgramServicesAmt
Management And General$341,275ManagementAndGeneralAmt
Fundraising$172,596FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,323,073TotalAmt
Program Services$3,450,339ProgramServicesAmt
Management And General$662,109ManagementAndGeneralAmt
Fundraising$210,625FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$174,023TotalAmt
Program Services$85,271ProgramServicesAmt
Management And General$66,791ManagementAndGeneralAmt
Fundraising$21,961FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$698,418TotalAmt
Program Services$637,288ProgramServicesAmt
Management And General$16,145ManagementAndGeneralAmt
Fundraising$44,985FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$339,449TotalAmt
Program Services$276,330ProgramServicesAmt
Management And General$44,541ManagementAndGeneralAmt
Fundraising$18,578FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,328,363TotalAmt
Program Services$1,057,436ProgramServicesAmt
Management And General$205,228ManagementAndGeneralAmt
Fundraising$65,699FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$100,082TotalAmt
Program Services$49,040ProgramServicesAmt
Management And General$47,039ManagementAndGeneralAmt
Fundraising$4,003FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$699,518TotalAmt
Program Services$342,764ProgramServicesAmt
Management And General$328,773ManagementAndGeneralAmt
Fundraising$27,981FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,668TotalAmt
Program Services$5,227ProgramServicesAmt
Management And General$5,014ManagementAndGeneralAmt
Fundraising$427FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$74,170TotalAmt
Program Services$67,535ProgramServicesAmt
Management And General$5,838ManagementAndGeneralAmt
Fundraising$797FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$810,289TotalAmt
Program Services$534,404ProgramServicesAmt
Management And General$217,603ManagementAndGeneralAmt
Fundraising$58,282FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$796,699TotalAmt
Program Services$391,003ProgramServicesAmt
Management And General$372,601ManagementAndGeneralAmt
Fundraising$33,095FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$225,524TotalAmt
Program Services$182,131ProgramServicesAmt
Management And General$33,488ManagementAndGeneralAmt
Fundraising$9,905FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$125,273TotalAmt
Program Services$64,209ProgramServicesAmt
Management And General$52,616ManagementAndGeneralAmt
Fundraising$8,448FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$186,465TotalAmt
Program Services$91,253ProgramServicesAmt
Management And General$87,460ManagementAndGeneralAmt
Fundraising$7,752FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$42,557TotalAmt
Program Services$20,853ProgramServicesAmt
Management And General$20,002ManagementAndGeneralAmt
Fundraising$1,702FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Subscriptions & members$109,535$70,716$23,371$15,448
Partnerships/sponsorshi$71,015$71,015
INVESTMENT EXPENSE$1,097$1,097

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,850,513TotalAmt
Program Services$8,617,238ProgramServicesAmt
Management And General$2,530,991ManagementAndGeneralAmt
Fundraising$702,284FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$504,600BOYAmt
EOY$1,657,565EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$22,937BOYAmt
EOY$22,937EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,522,525BOYAmt
EOY$323,037EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$333,507BOYAmt
EOY$89,308EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,284,647LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,727,191LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,733,870BOYAmt
EOY$1,557,456EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$109,841,497BOYAmt
EOY$99,361,221EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$9,347,902BOYAmt
EOY$8,632,664EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$123,306,838BOYAmt
EOY$111,644,188EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$774,602BOYAmt
EOY$625,609EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,428,014BOYAmt
EOY$156,514EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,740,943BOYAmt
EOY$8,813,121EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,943,559BOYAmt
EOY$9,595,244EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$112,363,279BOYAmt
EOY$96,606,949EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,441,995EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$112,363,279BOYAmt
EOY$102,048,944EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$123,306,838BOYAmt
EOY$111,644,188EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$9,203,627ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$12,601,074NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$13,711,782PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,541,342CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,941,866CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,085,362CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,951,827CurrentTaxYearMinus1YearAmt
Current Tax Year$815,766CurrentTaxYearAmt
Total$22,336,163TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,541,342CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,941,866CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,085,362CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,951,827CurrentTaxYearMinus1YearAmt
Current Tax Year$815,766CurrentTaxYearAmt
Total$22,336,163TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$770,515SubstantialContributorsTotAmt
Public Support Total170$21,565,648PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$845,366CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,873CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$376CurrentTaxYearMinus2YearsAmt
Total$854,615TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,358CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,281CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$37,544CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$283,591CurrentTaxYearMinus1YearAmt
Current Tax Year$279,200CurrentTaxYearAmt
Total$633,974TotalAmt
FieldValueIRS element (for citing)
Total Support$23,824,752TotalSupportAmt
Gross Receipts Rltd Activities$7,482,540GrossReceiptsRltdActivitiesAmt
Public Support CY1700.90520PublicSupportCY170Pct
Public Support PY1700.89010PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Facts And Circumstances TestI. BackgroundAmericans for the Arts Foundation, ("AFTA Foundation") is a nonprofit organization incorporated in the District of Columbia in 2007. AFTA Foundation's mission is to carry out activities to raise funds from grants, contributions, bequest and devises, and support the charitable purposes of Americans for the Arts. This mission is accomplished by distributing grants from one of five established funds.II. Analysis AFTA Foundation qualifies as a "publicly supported organization described under section 170(b)(1)(A)(vi) and therefore as an organization described in section 509(a)(1) because it satisfies the "facts and circumstances test" set forth in section 1.170A-9(e)(3) of the Treasury Regulations.A. Threshold RequirementsAFTA Foundation is eligible for a determination of public support under the facts and circumstances test because it meets the two threshold requirements for consideration. First, the portion of AFTA Foundation's support in 2022 that qualifies as eligible public support is approximately 10.58%, which exceeds the 10% threshold required under Treasury Regulation section 1.170A-9(e)(3)(i). Second, AFTA Foundation's operations ensure that it will continue to attract new and additional public support, as required by Treasury Regulation section 1.170A-9(e)(3)(ii). AFTA Foundation's board has reengaged plans to build (1) a continuous and bona fide program for soliciting funds from the general public, community, membership group involved, and governmental units, and (2) the sources of support provide services directly for the benefit of the general public on a continuing basis, thereby satisfying the other threshold requirement for qualifying as publicly supported under the facts and circumstances test. B. Other Relevant FactorsIn determining whether AFTA Foundation meets the "facts and circumstances test," the Treasury Regulations also provide a list of factors that serve as indicia of whether an organization qualifies as "publicly supported." These additional factors, discussed below, provide further evidence that AFTA Foundation satisfies the facts and circumstances test. 1. Sources of SupportAFTA Foundation receives its public support from a wide variety of contributors and does not depend on a single family for contributions, two facts that provide further support for AFTA Foundation's qualification as a "publicly supported" entity. These donors include tax-exempt entities, for-profit corporations, and individuals. While donors were not actively pursued in 2021-2023, a refreshed AFTA Foundation Board plans to reach out to new donors in the coming years by creating a new strategic plan around the Foundation's direction, members, patrons, etc. 2. Representative Governing BodyThe representative nature of an organization's governing body is also a factor in determining whether it qualifies under the "facts and circumstances test." In considering whether a board is representative, such factors as the members' expertise in the relevant field, their history of leadership in the community and their tradition of public service are relevant. AFTA Foundation's Board of Directors includes a variety of industry leaders with a broad range of experience in fields relevant to AFTA Foundation's public service activities, including humanitarian/economic development, finance, healthcare, medical, marketing/advertising, education, and strategic enterprise planning. The following individuals currently serve on AFTA Foundation's Board of Directors:Julie Muraco, AFTA Investment Committee Chair, AFTA Immediate Past Chair, AFTA Foundation ChairManaging Partner, Praeditis Group LLCJulie C. Muraco is founder and Managing Partner of Praeditis Group LLC, a capital markets & business consultancy working with serial entrepreneurs, UHNW/family offices and foundations & endowments seeking direct and secondary investments and alternative investment strategies. She founded Praeditis Group with a concentration on the "permanent private capital and "impact investment" business models in 2008.Ms. Muraco spent more than 20 years on Wall Street as a vice president with J.P. Morgan's Cash Markets Division, New York City, and as a managing director in the Capital Markets Division of Smith Barney in Chicago and earlier in Cleveland.She is on the Board of Directors of Americans for the Arts, Washington, D.C., serving as immediate past Chairman of the Board of Directors; the Board of Trustees of the Robert Sterling Clark Foundation, New York, NY as Treasurer and Chair of the Investment Committee. She was past board trustee for the Duke of Edinburgh Award U.S.A. Chaired by HRH, Prince Edward, The Earl of Wessex and was a member of the national media advisory council of Springboard Enterprises, Washington D.C., a venture catalyst firm for women owned and women funded businesses.She is FINRA licensed with a Series 7, Series 63, and Series 79.Ms. Muraco holds a B.A. in Finance from Baldwin-Wallace College, Berea, Ohio. She resides in New York, NY and Aspen, Colorado.Michael S. Verruto, AFTA Audit Committee Chair, AFTA Foundation Secretary & TreasurerManaging Director, HPI CapitalMichael Verruto is the managing director of HPI Capital and has many years in the real estate business, including development, leasing, and management of the Carillon, a $100 million office tower in Charlotte, NC. Mr. Verruto joined Hesta Properties, Inc., the predecessor to the HPI Group, in 1990 and was promoted to vice president of operations and development in 1991. In this position, he managed the company's operational, property management, and leasing functions as well as the firm's expansion into build-to-suit development, third-party asset management, tenant representation, consulting, and brokerage services. Mr. Verruto was a co-founder and president of Noah Studios, Inc., a multidiscipline design and development firm. He has also held positions with Charlotte-based general contracting and architectural firms, and has done specialty renovation contracting for restoration of several historical properties in Bucks County, PA. An active member of the Charlotte arts and business community, he has served as a member of the Charlotte Chamber Advisory Council, a board member of Theatre Charlotte, chair of First Night Charlotte, and chair of the Charlotte Mecklenburg Public Art Commission. Mr. Verruto attended the University of North Carolina at Charlotte and has a B.A. from the College of Architecture with a minor in English. Very Respectfully,Matthew X. Ryan, CPA, CFEOutsourced CFOFactsAndCircumstancesTestTxt

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10, Explanation of Other Income:FormAndLineReferenceDesc
ExplanationOther Income - 2019 Amount: $ 2,358. 2020 Amount: $ 31,281. 2021 Amount: $ 37,544. 2022 Amount: $ 283,591. 2023 Amount: $ 279,200.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$11,318FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$127,803FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$139,121FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$8,128,117FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$8,267,238FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$563,362FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$140,841FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$950,813CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$912,503CurrentYearMinus1Amt
Current Year$563,362CurrentYearAmt
Total$3,426,678TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$5,140,017LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$162,915CurrentYearMinus3Amt
Current Year Minus2$45,603CurrentYearMinus2Amt
Current Year Minus1$37,441CurrentYearMinus1Amt
Current Year$139,121CurrentYearAmt
Total$385,080TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$237,703CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$228,126CurrentYearMinus1Amt
Current Year$140,841CurrentYearAmt
Total$856,670TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,285,005GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$43,310CurrentYearMinus3Amt
Current Year Minus2$41,803CurrentYearMinus2Amt
Current Year Minus1$34,043CurrentYearMinus1Amt
Current Year$11,318CurrentYearAmt
Total$130,474TotalAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$91,621,295BeginningYearBalanceAmt
Investment Earnings Or Losses$12,600,202InvestmentEarningsOrLossesAmt
Administrative Expenses$9,754,012AdministrativeExpensesAmt
End Year Balance$94,467,485EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$114,557,749BeginningYearBalanceAmt
Investment Earnings Or Losses-$12,647,283InvestmentEarningsOrLossesAmt
Administrative Expenses$10,289,171AdministrativeExpensesAmt
End Year Balance$91,621,295EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$113,395,213BeginningYearBalanceAmt
Investment Earnings Or Losses$7,967,874InvestmentEarningsOrLossesAmt
Administrative Expenses$6,805,338AdministrativeExpensesAmt
End Year Balance$114,557,749EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$110,371,326BeginningYearBalanceAmt
Contributions$485,901ContributionsAmt
Investment Earnings Or Losses$9,216,133InvestmentEarningsOrLossesAmt
Other Expenditures$4,431OtherExpendituresAmt
Administrative Expenses$6,673,716AdministrativeExpensesAmt
End Year Balance$113,395,213EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$101,187,600BeginningYearBalanceAmt
Contributions$590,348ContributionsAmt
Investment Earnings Or Losses$15,227,766InvestmentEarningsOrLossesAmt
Other Expenditures$17,217OtherExpendituresAmt
Administrative Expenses$6,617,171AdministrativeExpensesAmt
End Year Balance$110,371,326EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,755,733OtherCostOrOtherBasisAmt
Depreciation$272,517DepreciationAmt
Book Value$1,483,216BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,299,162OtherCostOrOtherBasisAmt
Depreciation$1,246,273DepreciationAmt
Book Value$52,889BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$229,752OtherCostOrOtherBasisAmt
Depreciation$208,401DepreciationAmt
Book Value$21,351BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,557,456TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
Beneficial interest in charitable trust$2,233,031
Due from affiliate$408,993
Operating ROU asset$5,990,640
FieldValueIRS element (for citing)
Total Book Value Other Assets$8,632,664TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Deferred compensation obligation$8,240,875
Due to affiliate$572,246
FieldValueIRS element (for citing)
Total Liability$8,813,121TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part III, Line 4:AFTA's collection of art is currently valued at $21,350. The collection represents the exempt purpose of AFTA - an organization that cultivates, promotes, sustains, and supports the arts in America.
Part V, Line 4:The Board designated funds are to support the operations of AFTA and invest in programming priorities when needed as determined by the Board of Directors. The other Permanent funds provide funding for specific programming activities per the documentation when the funds were established.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
Americans for the Arts Action Fund
1275 K Street NW Suite 1200WashingtonDC20005201427963501(c)(4)$350,000$0Annual support to related entity
University of Florida Foundation
POBox 14425GainesvilleFL32604590974739501(c)(3)$50,000$0Develop national strategy for implementing Social Prescribing in the Arts and Culture in the U.S.
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
Awards11$109,626
Scholarships1$5,000

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationAFTA generally requires that grantees who receive $5,000 or more submit reports detailing the outcomes of the grant projects and the uses of the funds.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Nolen Bivens
President & CEO$550,450$0$0$0$0$0$13,200$0$1,698$0$565,348$0$0$0
Nina Ozlu Tunceli
Counsel & Exec. Dir., AAF$241,169$0$0$0$0$0$17,045$0$29,688$0$287,902$0$0$0
Nora Halpern
VP, Leadership Alliances$229,492$0$0$0$0$0$13,673$0$3,374$0$246,539$0$0$0
Randy Cohen
VP, Research & Policy$205,372$0$0$0$0$0$14,088$0$14,130$0$233,590$0$0$0
Maria Elmeralda Paguaga
VP, Strategic Communications$197,621$0$0$0$0$0$4,021$0$16,680$0$218,322$0$0$0
Kimberly Hedges
VP, Systems Engagement - until 4/23$67,809$0$0$0$89,304$0$10,018$0$5,500$0$172,631$0$0$0
Daniel Fitzmaurice
Chief of Staff - until 9/2023$129,773$0$0$0$0$0$2,747$0$28,248$0$160,768$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 4aFormAndLineReferenceDesc
ExplanationDuring the year ended December 31, 2023, Kimberly Hedges, VP, Systems Engagement, received a severance payment of $89,304.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 6AFTA has four classes of members: Community Arts Organization Members, Professional Association Members, Organizational Members, and Individual Members.
Form 990, Part VI, Section A, line 7aThe Committee on Board Operations and Leadership prepares a slate of candidates for Board of Directors elections, which is submitted to the Board of Directors annually for election by majority vote of the Board of Directors. The Committee on Board Operations is appointed by the Board Chair at the annual fall Board meeting, with Board approval.
Form 990, Part VI, Section B, line 11bThe federal Form 990 is posted on the Board portal of the website. The Board of Directors is notified that it is there for their review prior to filing the Form 990 with the Internal Revenue Service. Board members are encouraged to review the Form 990
Form 990, Part VI, Section B, line 12cThe conflict of interest form is delivered each January to Board members as part of the Board of Director manual with a memo instructing them to complete and return the form to the VP, Finance. The VP, Finance maintains a spreadsheet annually and follows up with those Board members who do not return the form.
Form 990, Part VI, Section B, line 15aPresident & CEO and top management: The Chair forms a committee to review President & CEO performance and hires an independent compensation consultant to conduct a survey of CEO compensation packages at similar institutions. This survey forms the basis for determining the compensation of the President & CEO by the Chair and the committee. Other officers and key employees: Every three years, the organization procures and studies several key compensation reports to determine comparable salaries. Employee's performance is reviewed each year to help determine any increases that might be merited based on achievement of predetermined goals.
Form 990, Part VI, Section C, line 19All documents required by law are provided upon written request.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
Arts & Business Council of New York
1 East 53rd StreetNew YorkNY10022132746599Foster cooperation between business and arts organizationsNY501(c)(3)Line 7Americans for the ArtsYes (1)
Americans for the Arts Foundation
1275 K Street NW Suite 1200WashingtonDC20005260753160Carry out activities and raise funds for Americans for the ArtsDC501(c)(3)Line 7Americans for the ArtsYes (1)
Americans for the Arts Action Fund
1275 K Street NW Suite 1200WashingtonDC20005201427963Seeks to engage citizens in education and advocacy in support of the artsDC501(c)(4)Americans for the ArtsYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Americans for the Arts Action Fund
Q$211,661Fair Market Value
Americans for the Arts Action Fund
B$350,000Fair Market Value