American Federation Of Arts Inc in New York, New York (NY)

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American Federation Of Arts Inc
Employer Identification Number (EIN)131669334
Name of OrganizationAmerican Federation Of Arts Inc
Address305 E 47th St Fl 10, New York, NY 10017-2312
ActivitiesOther cultural or historical activities
SubsectionCharitable Organization
Ruling Date10/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2010
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$15,142,428
Amount of Income$1,602,321
Form 990 Revenue Amount$1,582,927
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Professional Societies, Associations


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Amount of income in 2010: $1,602,321
American Federation Of Arts Inc: 

 $1,602,321
Other organizations performing similar types of work: 

 $370,137

Assets in 2010: $15,142,428
American Federation Of Arts Inc: 

 $15,142,428
Other organizations performing similar types of work: 

 $417,762

Expenses in 2007: $6,503,308
This organization: 

 $6,503,308
Other organizations performing similar types of work: 

 $1,547,239

Income to expenses ratio in 2007: 1.1
American Federation Of Arts Inc: 

 1.1
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 81.8%
American Federation Of Arts Inc: 

 81.8%
Other organizations performing similar types of work: 

 73.2%

Number of employees in 2007: 30
This organization: 

 30
Other organizations performing similar types of work: 

 25

Employees paid over $50,000 in 2007: 30.0%
This organization: 

 30.0%
Other organizations performing similar types of work: 

 30.0%

Grants share in income in 2007: 7.5%
American Federation Of Arts Inc: 

 7.5%
Other organizations performing similar types of work: 

 12.1%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$7,069,846$5,655,563$6,417,205$4,953,342$4,829,740$15,158,536$2,926,224$7,172,614
Contributions, gifts, grants, and similar amounts received$1,638,038$1,252,980$984,614$988,854$1,238,796$779,553$663,215$535,838
Contributions to donor advised funds$0$0
Direct public support$1,638,038$1,252,980$692,663$892,825$1,238,796$779,553$663,215$520,838
Indirect public support$0$0$0$0$0$0$0$15,000
Government contributions (grants)$0$0$291,951$96,029$0$0$0$0
Program service revenue including government fees and contracts$4,341,257$3,715,157$4,959,923$3,511,835$3,149,903$419,030$1,489,258$5,446,688
Membership dues and assessments$268,920$227,297$190,640$179,306$165,075$153,913$191,282$157,425
Interest on savings and temporary cash investments$8,284$29,826$31,814$14,061$12,022$19,510$21,560$7,691
Dividends and interest from securities$181,539$47,058$28,370$52,808$68,407$77,668$503,999$778,361
Net rental income or (loss)$54,404$46,015$44,608$79,750$61,314$70,266$0$0
Gross rents$54,404$46,015$44,608$79,750$61,314$70,266$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$143,579$0$0$0$0$13,625,667$-41,280$0
Gross amount from sales of assets other than inventory$143,579$0$0$0$0$14,986,797$3,713,132$0
Less: cost or other basis and sales expenses$0$0$0$0$0$1,361,130$3,754,412$0
Net income or (loss) from special events and activities$191,374$84,582$70,975$52,153$25,003$0$92,214$238,498
Gross revenue$286,315$172,285$158,850$149,565$101,275$7,400$163,488$360,614
Less: direct expenses other than fundraising expenses$94,941$87,703$87,875$97,412$76,272$7,400$71,274$122,116
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$242,451$252,648$106,261$74,575$109,220$12,929$5,976$8,113
Total expenses$6,614,652$5,991,759$6,285,426$5,590,136$4,783,158$2,773,834$4,001,667$6,503,308
Program services$5,384,449$4,697,767$4,852,630$4,303,644$3,528,411$1,558,386$2,824,749$5,322,777
Management and general$662,107$660,121$768,081$679,487$680,383$804,969$789,385$801,459
Fundraising$568,096$633,871$664,715$607,005$574,364$410,479$387,533$379,072
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$7,088,801$5,903,121$6,032,838$6,135,976$6,392,313$19,114,433$19,069,295$18,008,442
Excess or (deficit) for the year$455,194$-336,196$131,779$-636,794$46,582$12,384,702$-1,075,443$669,306
Net assets or fund balances at beginning of year$7,751,377$7,088,801$5,903,121$6,032,838$6,135,976$6,392,313$19,114,433$19,069,295
Other changes in net assets or fund balances$-1,117,770$-849,484$-2,062$739,932$209,755$337,418$1,030,305$-1,730,159
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$6,503,308$5,322,777$801,459$379,072
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$212,829$95,773$53,207$63,849
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$1,198,966$719,380$299,742$179,844
Pension plan contributions not included above$8,953$5,372$2,238$1,343
Employee benefits not included above$203,298$121,979$50,824$30,495
Payroll taxes$98,362$59,017$24,591$14,754
Professional fundraising fees$0$0$0$0
Accounting fees$55,385$0$55,385$0
Legal fees$10,969$0$10,969$0
Supplies$18,396$11,038$4,599$2,759
Telephone$8,073$4,844$2,018$1,211
Postage and shipping$11,387$6,832$2,847$1,708
Occupancy$148,047$88,828$37,012$22,207
Equipment rental and maintenance$50,266$25,133$17,593$7,540
Printing and publications$3,531$0$3,178$353
Travel$19,194$13,958$4,136$1,100
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$233,783$116,891$116,892$0
Other expenses not covered above$4,221,869$4,053,732$116,228$51,909
Balance Sheets
20002001200220032004200520062007
Total assets$12,863,422$12,426,012$14,287,989$13,339,112$12,399,914$24,180,515$26,110,530$25,033,262
Cash - non-interest-bearing$72,437$96,487$109,236$34,504$443,845$941,595$941,595$309,535
Savings and temporary cash investments$2,322,134$1,777,295$2,054,050$2,282,492$266,591$9,952,378$9,801,424$243,152
Accounts receivable less allowance for doubtful accounts$364,010$1,029,873$600,684$715,094$181,773$814,844$696,349$557,898
Pledges receivable less allowance for doubtful accounts$18,147$97,461$56,713$109,785$143,152$105,557$58,262$190,925
Grants receivable$434,115$265,413$94,364$47,182$495,888$365,898$365,898$196,414
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$3,353,093$3,211,060$5,344,128$4,151,048$4,889,261$2,023,774$2,672,712$4,268,081
Investments - publicly-traded securities$4,350,291$12,276,480
Investments - other securities$4,666,101$4,361,211$4,412,273$4,460,970$4,495,008$4,721,088$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$1,361,130$0$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$1,633,385$1,587,212$1,616,541$1,538,037$123,266$5,255,381$7,223,999$6,990,777
Other assets, including program-related investments$0$0$0$0$0$0$0$0
Total liabilities$5,774,621$6,522,891$8,255,151$7,203,136$6,007,601$5,066,082$7,041,235$7,024,820
Accounts payable and accrued expenses$758,641$552,475$1,153,484$1,130,349$979,124$859,743$584,072$1,262,502
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$5,015,980$5,970,416$7,101,667$6,072,787$5,028,477$4,206,339$6,457,163$5,012,318
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$0$750,000
Total liabilities and net assets/fund balances$12,863,422$12,426,012$14,287,989$13,339,112$12,399,914$24,180,515$26,110,530$25,033,262
Total net assets or fund balances$7,088,801$5,903,121$6,032,838$6,135,976$6,392,313$19,114,433$19,069,295$18,008,442
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$7,069,846$5,655,563$6,417,205$4,953,342$4,829,740$15,158,536$2,926,224$7,172,614
Total revenue, gains, and other support per audited financial statements$6,047,017$4,893,782$6,483,281$5,790,686$5,115,767$15,503,354$4,061,294$5,564,571
Other expenses$-1,022,829$-761,781$-21,799$739,932$209,755$337,418$1,030,305$-1,730,159
Net unrealized gains on investments$-1,117,770$-849,484$-2,062$739,932$209,755$337,418$1,030,305$-1,730,159
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$94,941$87,703$-19,737$0$0$0$0$0
Other revenue$0$0$-87,875$-97,412$-76,272$-7,400$-104,765$-122,116
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$-87,875$-97,412$-76,272$-7,400$-104,765$-122,116
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$6,614,652$5,991,759$6,285,426$5,590,136$4,783,158$2,773,834$4,001,667$6,503,308
Total expenses and losses per audited financial statements$6,709,593$6,079,462$6,353,564$5,687,548$4,859,430$2,781,234$4,106,432$6,625,424
Other revenue$94,941$87,703$87,875$97,412$76,272$7,400$104,765$122,116
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$94,941$87,703$87,875$97,412$76,272$7,400$104,765$122,116
Other expenses$0$0$19,737$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$19,737$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
35$193,310$19,519$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings38
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200630
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$1,024,550$5,612,226
Program service revenue
Program service revenue 1000000$000$0$5,446,688
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$157,425
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$7,691$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$778,361$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$238,498$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$8,113
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$143,000$10,351$0
$99,802$9,496$0
$83,365$24,886$0
$73,076$5,352$0
$56,820$8,530$0
Total number of other employees paid over $50,0003
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
19992000200120022003200420052006
Total$5,723,600$7,164,236$6,121,807$8,118,269$3,901,574$3,912,950$262,645$5,455,392
Gifts, grants, and contributions received$1,504,855$1,912,155$1,342,368$1,196,411$982,964$756,723$957,138$710,510
Membership fees received$252,655$268,920$227,297$190,640$179,306$165,075$153,913$191,282
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$3,497,514$4,738,934$4,429,243$6,626,426$2,592,685$2,849,409$-1,015,850$4,022,065
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$128,966$244,227$122,899$104,792$146,619$141,743$167,444$525,559
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$339,610$0$0$0$0$0$0$5,976
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1American Council Of Learned Societies633 Third Avenue, New York, NY 10017-6706NY1953-04$87,252,630
2Carnegie Hall Society Inc881 Seventh Avenue, New York, NY 10019-3210NY1962-04$73,470,173
3Academy Of Television Arts & Sciences5220 Lankershim Blvd, N Hollywood, CA 91601-3109CA1978-02$22,472,056
4American Numismatic Society75 Varick St, New York, NY 10013-1917NY1938-04$11,868,094
5American Association Of Museums1575 Eye Street Nw No 400, Washington, DC 20005-1113DC1937-05$11,104,265
6American Institute Of Graphic Arts1460 Madison Avenue, Memphis, TN 38104TN1991-04$7,531,704
7Latin Academy Of Recording Arts & Sciences Inc3030 Olympic Blvd, Santa Monica, CA 90404-5073CA1997-03$6,983,028
8American Press Institute Inc11690 Sunrise Valley Drive, Reston, VA 20191-1436VA1972-02$4,639,547
9American Symphony Orchestra League33 West 60th Street, New York, NY 10023-7905NY1973-05$4,428,001
10American Institute Of Architects, N Y Chapter536 Laguardia Pl, New York, NY 10012-1401NY1942-08$4,380,217
11Grand Lodge Of The English Language Jurisdiction Of The Ancient Mystic, The Greater Los Angeles Heptad Of The Traditional Martinist Order148 North Gramercy Place, Los Angeles, CA 90004CA1964-04$3,748,885
12Association Of Graphic Communications Inc330 Seventh Ave 9th Flr, New York, NY 10001-5010NY1939-03$2,080,276
13Fine Arts Association Willoughby38660 Mentor Ave, Willoughby, OH 44094-7715OH1959-10$1,621,544
14American Federation Of Arts Inc305 E 47th St Fl 10, New York, NY 10017-2312NY2003-10$1,602,321
15Association For Education In Journalism And Mass Communication234 Outlet Pointe Blvd Ste A, Columbia, SC 29210-5667SC1952-08$1,528,782
16Army Engineer Association Inc7701 Telegraph Rd Kingman 2a15, Alexandria, VA 22315-3802VA1992-04$1,002,416
17Opera America Inc330 7th Ave16th Floor, New York, NY 10001-5010NY1971-09$12,056,206
18College Art Association Of America Inc50 Broadway Fl 21, New York, NY 10004-1680NY1938-11$6,541,782
19New York State School Music Association718 The Plain Road, Westbury, NY 11590-5956NY1979-02$3,573,582
20Association Of American University Presses Inc28 W 36th St Rm 602, New York, NY 10018-8063NY1965-06$3,137,453
21United States Institute For Theatre Technology Inc315 South Crouse Avenue, Syracuse, NY 13210-1845NY1967-03$2,016,735
22New Dramatists Inc424 W 44th St, New York, NY 10036-5205NY1951-06$1,742,332
23International Radio And Television420 Lexington Ave Rm 1601, New York, NY 10170-1602NY1964-09$1,146,510
24Open Channels New York Inc, Dixon Place161a Chrystie St, New York, NY 10002-2809NY1994-07$770,790
25International Society For The Performing Arts Foundation305 7th Avenue 5th Floor, New York, NY 10001-6008NY1983-01$740,605
26A G E H R Area Ii Inc250 Fairhaven Rd, Rochester, NY 14610-2203NY1996-03$177,012
27New York City Arts-In-Education Roundtable IncPO BOX 2094, New York, NY 10108-2094NY1998-12$98,035
28Museum Association Of New York265 River St, Troy, NY 12180-3215NY1993-01$90,197
29Frank Silvera Writers Workshop Foundation IncPO BOX 1791, New York, NY 10027-1791NY1976-01$33,902
30International Association For Professional Art Advisors Inc, Association Of Professional Art Advisors Na433 Third Street 3, Brooklyn, NY 11215NY1998-09$0
Number of organizations performing similar types of work
Alaska1
Arizona2
California15
Colorado3
District of Columbia6
Florida2
Hawaii1
Iowa3
Illinois3
Indiana2
Massachusetts4
Maryland4
Michigan7
North Carolina2
New Jersey4
New York27
Ohio7
Oklahoma1
Oregon2
Pennsylvania3
South Carolina2
South Dakota1
Tennessee2
Texas4
Virginia6
Vermont1
Washington4
Wisconsin1
Wyoming1
Total121

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