Form 990 for tax year 2024
Filed by FOUNDATION FOR INDEPENDENT ARTISTS INC.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2024 , filed 15 June 2026. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $1,766,827 changed to $1,609,380
- Total expenses
- $2,415,307 changed to $2,384,034
- Contributions and grants received
- $847,653 changed to $765,786
- Program service revenue
- $912,036 changed to $836,456
- Total assets, end of year
- $1,319,201 changed to $1,286,832
- Total liabilities, end of year
- $53,946 changed to $147,751
- Net assets or fund balances, end of year
- $1,265,255 changed to $1,139,081
- Program services expenses
- $2,085,345 changed to $2,244,324
- Management and general expenses
- $329,962 changed to $133,110
- Fundraising expenses
- $0 changed to $6,600
- Program service expenses (Part III)
- $2,085,345 changed to $2,244,324
Totals
- Total revenue
- $1,766,827
- Total expenses
- $2,415,307
- Contributions and grants received
- $847,653
- Grants paid
- $0
- Program service revenue
- $912,036
- Investment income
- $0
- Other revenue
- $7,138
- Total assets, end of year
- $1,319,201
- Total liabilities, end of year
- $53,946
- Net assets or fund balances, end of year
- $1,265,255
- Program services expenses (Part IX)
- $2,085,345
- Management and general expenses
- $329,962
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,085,345
Program services were 86.3% 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.
-
1c · Fundraising events
$8,908
-
1e · Government grants (contributions)
$123,421
-
1f · All other contributions, gifts and grants
$715,324
-
2a · Program service revenue: PERFORMANCES AND WORKSHOPS
total $912,036 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$8,908
-
11a · Other revenue: OTHER INCOME
total $7,138 · related or exempt $7,138 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$7,138
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $598,656 · program services $598,656 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $96,765 · program services $96,765 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $46,034 · program services $46,034 · management and general $0 · fundraising $0
-
11g · Fees: other
total $560,610 · program services $328,536 · management and general $232,074 · fundraising $0
-
12 · Advertising and promotion
total $23,854 · program services $23,854 · management and general $0 · fundraising $0
-
13 · Office expenses
total $22,030 · program services $0 · management and general $22,030 · fundraising $0
-
16 · Occupancy
total $70,181 · program services $70,181 · management and general $0 · fundraising $0
-
17 · Travel
total $199,147 · program services $199,147 · management and general $0 · fundraising $0
-
23 · Insurance
total $18,907 · program services $7,677 · management and general $11,230 · fundraising $0
-
24a · Other expenses: TELEPHONE
total $60 · program services $0 · management and general $60 · fundraising $0
-
24b · Other expenses: MISCELLANEOUS EXPENSE
total $64,568 · program services $0 · management and general $64,568 · fundraising $0
-
24c · Other expenses: REGRANTS
total $666,761 · program services $666,761 · management and general $0 · fundraising $0
-
24d · Other expenses: PRODUCTION
total $47,734 · program services $47,734 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,763,730 · end of year $847,283
-
3 · Pledges and grants receivable
beginning of year $351,212 · end of year $326,615
-
4 · Accounts receivable
beginning of year $37,250 · end of year $145,303
-
9 · Prepaid expenses and deferred charges
beginning of year $93,826
-
15 · Other assets
beginning of year $12,423
-
17 · Accounts payable and accrued expenses
beginning of year $84,586 · end of year $53,946
-
19 · Deferred revenue
beginning of year $10,925
-
25 · Other liabilities
beginning of year $249,195
-
27 · Net assets without donor restrictions
beginning of year $1,522,098 · end of year $873,618
-
28 · Net assets with donor restrictions
beginning of year $391,637 · end of year $391,637
Mission and programs · 2024
Mission
THE ORGANIZATION PROVIDES ARTISTIC ENTITIES WITH A CORPORATE STRUCTURE AND FOSTERS THEIR ART THROUGH A COMBINATION OF INFRASTUCTURE, FINANCIAL, AND ADMINISTRATIVE SUPPORT.
-
THE ORGANIZATION PROVIDES ARTISTIC ENTITIES WITH A CORPORATE STRUCTURE AND FOSTERS THEIR ART THROUGH A COMBINATION OF INFRASTUCTURE, FINANCIAL, AND ADMINISTRATIVE SUPPORT. PERFORMANCES ARE HELD THROUGHOUT THE UNITED STATES AND EUROPE. NEW WORKS ARE CREATED, AND RESIDENCIES ARE HELD.
Expenses $2,085,345 · Revenue $912,036
As filed on the 2024 return.
Listed in Part VII
-
Anna MarcusANNA MARCUS
CHAIR/TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Felicia RosenfeldFELICIA ROSENFELD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Marilyn FrancesconMARILYN FRANCESCON
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Lillian Osei-BoatengLILLIAN OSEI-BOATENG
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Margaret DahlMARGARET DAHL
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jason PerlrothJASON PERLROTH
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jordan PeimerJORDAN PEIMER
MEMBER
- Total calculated
- $0
- Hours/week
- 0
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · ADMINISTRATIVE SERVICES · NY
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 May 2026
- IRS schema version
- 2024v5.2
- Source object
- 202601289349303320
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