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Nonprofiteer
← FOUNDATION FOR THE ART RENEWAL CENTER INC

Form 990-PF for tax year 2023

Filed by FOUNDATION FOR THE ART RENEWAL CENTER INC.

Totals

Total revenue
$330,352
Total expenses
$547,254
Contributions and grants received
$133,350
Contributions, gifts and grants paid
$170,700
Fair market value of assets, end of year
$1,807,120

Listed in Part VIII

  • Frederick C Ross

    CHAIRMAN/FOUNDER

    Total calculated
    $0
    Hours/week
    20
  • Vern Swanson

    EXEC. COMM.

    Total calculated
    $0
    Hours/week
    10
  • Charlotte Ross

    EXEC. COMM.

    Total calculated
    $0
    Hours/week
    10
  • Kara L Colon

    EXEC. COMM.

    Total calculated
    $100,000
    Compensation
    $100,000
    Benefit plans
    $0
    Expense account
    $0
    Hours/week
    30

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, 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.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))
$170,700
As filed, and sometimes filed as 0.
Grants paid, Part XV total (line 3a)
$170,700
The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the cash method, under which a grant is recorded when it is paid. Even so, the books total and the cash figures in this section can differ, and column (d) is sometimes filed as 0.

  • ARC SALON FOUNDATION INC

    $43,000

    PORT READING, NJ

    GRANTS - TO PROMOTE ART & ARTISTS

  • FLORENCE ACADEMY OF ART US

    $15,797

    JERSEY CITY, NJ

    SCHOLARSHIP - TO PROMOTE ART & ARTISTS

  • ARC SALON FOUNDATION INC

    $14,000

    PORT READING, NJ

    PAINTING-CITY GIRL BY DAVID M. BOW

  • ARC SALON FOUNDATION INC

    $13,525

    PORT READING, NJ

    PAINTING-"HEADWINDS" 22 X 16 WATERC

  • ARC SALON FOUNDATION INC

    $12,000

    PORT READING, NJ

    PAINTING- LIFE LINES (SELF PORTRAIT

  • ARC SALON FOUNDATION INC

    $9,900

    PORT READING, NJ

    PAINTING- "UNSPOILED" BY DAVID M. B

  • ARC SALON FOUNDATION INC

    $9,450

    PORT READING, NJ

    PAINTING-LE DEFI 30 X 24 OIL ON PAN

  • ARC SALON FOUNDATION INC

    $8,000

    PORT READING, NJ

    PAINTING-BARBADOSED

  • ARC SALON FOUNDATION INC

    $7,800

    PORT READING, NJ

    PAINTING-SHARON SPRUNG OIL ON PANEL

  • ARC SALON FOUNDATION INC

    $7,755

    PORT READING, NJ

    PAINTING- "TO BE OR NOT TO BE"

The 10 largest to organizations. The API serves every grant row.

1 grant to an individual, $1,000. Counted where the foundation named the recipient as a person or marked it as an individual, as filed. Who received them, where, and why are not published.

Provenance

Return type
form_990_pf
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202413179349102316

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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