Totals
- Total revenue
- $134,394
- Total expenses
- $87,078
- Contributions and grants received
- $127,995
- Grants paid
- $85,462
- Program service revenue
- $6,399
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- not reported
- Gain or loss on sale of assets (line 5c)
- not reported
- Gaming and fundraising events, net (line 6d)
- not reported
- Gross profit on inventory sales (line 7c)
- not reported
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $44,132
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- $44,132
- Program service expenses (Part III)
- $116,351
Program services were 133.6% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2022
Primary exempt purpose
THE CORPORATION WILL BE AN ARTISTS EXCHANGE CORPORATION PURSUANT TO CHAP TER 180 OF THE GENERAL LAWS OF THE COMMONWEALTH OF MASSACHUSETTS AND IS O RGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIF IC, EDUCATIONAL AND ARTISTIC PURPOSES. WITHIN THE MEANING OF SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, DESIGNED TO PROVIDE A SPACE FOR ARTISTS TO LEAR N FROM ONE ANOTHER. THE CORPORATION IS DESIGNED TO BE A 501 (C) (3) NON-PROFIT ORGANIZATION TO PROVIDE FINANCIAL STABILITY IN ORDER TO SUPPORT ARTISTS AND THEIR CRAFT THROUGH EDUCATIONAL PROGRAMMING AND AFFORDABLE SPACE RENTAL FOR THE CREATION OF ART. IN ADDITION, THE CORPORATION STRIVES TO REACH OUT IN TO VARIOUS COMMUNITIES AND CULTURES THROUGHOUT THE WORLD TO EXPOSE AND E DUCATE THE GENERAL PUBLIC, INCLUDING THE YOUTH AND ELDERLY AND VARIOUS CO MMUNITY BASED PROGRAMS, IN ALLIANCE TO EXPOSE VARIOUS ART FORMS THROUGHO UT THOSE COMMUNITIES.
-
Fiscal Sponsorship Program Benefiting 6 artists/arts groups who serve over 300+ constituents
Expenses $115,351 · Grants $121,750
-
Event/Performance assistance - Video and streaming assistance for artists' performances
Expenses $1,000
As filed on the 2022 return.
Listed in Part IV
-
Ivan Korn
Treasurer
- Total calculated
- $0
- Hours/week
- 0.25
-
Callie Chapman
Director
- Total calculated
- $1,616
- Compensation
- $1,616
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 5
Compensation is as filed in Part IV of the Form 990-EZ: 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 on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2022
- Filed
- 22 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343269349201004
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