Totals
- Total revenue
- $985,869
- Total expenses
- $958,491
- Contributions and grants received
- $962,089
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $8,718
- Other revenue
- $15,062
- Total assets, end of year
- $255,911
- Total liabilities, end of year
- $149,811
- Net assets or fund balances, end of year
- $106,100
- Program services expenses (Part IX)
- $685,013
- Management and general expenses
- $110,758
- Fundraising expenses
- $162,720
- Program service expenses (Part III)
- $685,013
Program services were 71.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$962,089
-
3 · Investment income
total $8,718 · excluded $8,718
-
8a · Fundraising events: gross income
$56,633
-
8b · Fundraising events: direct expenses
$41,571
-
8c · Net income from fundraising events
total $15,062 · excluded $15,062
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $295,539 · program services $178,781 · management and general $47,008 · fundraising $69,750
-
9 · Other employee benefits
total $10,157 · program services $4,767 · fundraising $5,390
-
10 · Payroll taxes
total $25,319 · program services $15,678 · management and general $3,885 · fundraising $5,756
-
11c · Fees: accounting
total $7,566 · management and general $7,566
-
11g · Fees: other
total $559,970 · program services $465,476 · management and general $29,348 · fundraising $65,146
-
13 · Office expenses
total $9,350 · program services $3,333 · management and general $2,470 · fundraising $3,547
-
14 · Information technology
total $16,791 · program services $1,336 · management and general $11,308 · fundraising $4,147
-
16 · Occupancy
total $550 · management and general $550
-
17 · Travel
total $6,961 · management and general $3,773 · fundraising $3,188
-
20 · Interest
total $7,550 · program services $7,550
-
23 · Insurance
total $11,210 · program services $6,830 · management and general $3,826 · fundraising $554
-
24a · Other expenses: BANK CHARGES
total $2,771 · management and general $159 · fundraising $2,612
-
24b · Other expenses: PROMOTION
total $1,568 · management and general $656 · fundraising $912
-
24c · Other expenses: CONTRIBUTIONS
total $1,500 · fundraising $1,500
-
24d · Other expenses: COST OF PERFORMANCES
total $1,262 · program services $1,262
-
24e · All other expenses
total $427 · management and general $209 · fundraising $218
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $129,656 · end of year $11,324
-
2 · Savings and temporary cash investments
beginning of year $99,132 · end of year $244,587
-
23 · Secured mortgages and notes payable
beginning of year $149,700 · end of year $149,654
-
25 · Other liabilities
beginning of year $366 · end of year $157
-
27 · Net assets without donor restrictions
beginning of year -$32,580 · end of year $90,833
-
28 · Net assets with donor restrictions
beginning of year $111,302 · end of year $15,267
Mission and programs · 2024
Mission
ARTSMART SEEKS TO MAKE THE WORLD FULLER, MORE OPEN, AND MORE ADVANCED BY EMPOWERING INDIVIDUALS TO PURSUE THEIR DREAMS IN ART AND MUSIC. WE PROVIDE HIGH QUALITY MUSIC LESSONS AND INSPIRATIONAL PERFORMANCES TO STUDENTS WHO WOULDN'TOTHERWISE BE ABLE TO AFFORD THEM.
Activities or mission (Part I)
ARTSMART IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO TRANSFORM THE LIVES OF YOUTH IN UNDER-RESOURCED COMMUNITIES ACROSS THE US THROUGH TUITION-FREE MUSIC LESSONS AND MENTORSHIP BY PAID, PROFESSIONAL ARTISTS. SINCE 2016, ARTSMART IS OPERATING IN 8 REGIONS IN TITLE 1 SCHOOLS THROUGHOUT THE US, PROVIDING NEARLY 35,000 MUSIC LESSIONS BY PROFESSIONAL MUSICIANS, AND PAYING OUR MENTORS MORE THE 1.4 MILLION IN COMPENSATION FOR THEIR EXPERTISE.
-
TO PROVIDE HIGH QUALITY MUSIC LESSONS AND INSPIRATIONAL PERFORMANCES TO STUDENTS WHO WOULDN'T OTHERWISE BE ABLE TO AFFORD THEM.
Expenses $685,013
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John ViscardiJOHN VISCARDI
TREASURER
- Total calculated
- $35,576
- From this org
- $35,576
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Liz LetakLIZ LETAK
SECRETARY
- Total calculated
- $18,000
- From this org
- $18,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Kelly ClarkeKELLY CLARKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Marvin CurtisDR MARVIN CURTIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anthony FabianoANTHONY FABIANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael FabianoMICHAEL FABIANO
BOARD CHAIR/
- Total calculated
- $0
- Hours/week
- 2
-
George ShirleyGEORGE SHIRLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Louise ToppinDR LOUISE TOPPIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lilian C TsaiLILIAN C TSAI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 June 2026
- IRS schema version
- 2024v5.0
- Source object
- 202611679349301256
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