ASSOCIATION OF INTERNATIONAL PHOTO… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

LYDIA MELAMED JOHNSON

Phone

6469261528

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATION OF INTERNATIONAL PHOTOGRAPHY ART DEALERS INC, founded in 1979, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Expenses of $2.0M exceeded revenue, resulting in a 51% operating deficit.

Mission

AIPAD IS A UNIFYING FORCE IN THE FIELD OF PHOTOGRAPHY DEDICATED TO CREATING AND MAINTAINING HIGH STANDARDS IN THE BUSINESS OF EXHIBITING, BUYING, AND SELLING PHOTOGRAPHS AS ART, AND ENCOURAGING PUBLIC SUPPORT OF FINE ART PHOTOGRAPHY THROUGH COMMUNICATION AND EDUCATION.

Program Service Accomplishments

Program 1

THE PHOTOGRAPHY SHOW - THE SHOW, HELD ANNUALLY IN NEW YORK CITY, IS AN ANNUAL EXPOSITION BY AND FOR THE MEMBERS OF AIPAD THAT BRINGS TOGETHER DOZENS OF THE WORLD'S LEADING FINE ART PHOTOGRAPHY...

THE PHOTOGRAPHY SHOW - THE SHOW, HELD ANNUALLY IN NEW YORK CITY, IS AN ANNUAL EXPOSITION BY AND FOR THE MEMBERS OF AIPAD THAT BRINGS TOGETHER DOZENS OF THE WORLD'S LEADING FINE ART PHOTOGRAPHY GALLERIES TO SHOWCASE A WIDE RANGE OF MUSEUM QUALITY WORK BY CONTEMPORARY, MODERN, AND 19TH CENTURY MASTERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,335,311

Investment Income $157

Other Revenue $0

TOTAL REVENUE $1,335,468

Expense Breakdown

Grants Paid $0

Salaries & Benefits $119,788

Fundraising Expenses $0

Other Expenses $1,890,202

TOTAL EXPENSES $2,009,990

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,335,468	$1,387,906	0.0%
Expenses	$2,009,990	$1,368,444	+0.5%
Net Income	$-674,522	$19,462	-35.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$111,167

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIJN VAN PIETERSON	PRESIDENT	5.00	Officer Director	$0	$0	$0
ARNIKA DAWKINS	1ST VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MICHAEL LEE	2ND VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
ANDRA RUSSEK	SECRETARY	2.00	Director	$0	$0	$0
CAROLINE WALL	TREASURER	2.00	Director	$0	$0	$0
BRIAN CLAMP	DIRECTOR	2.00	Director	$0	$0	$0
CATHERINE COUTURIER	DIRECTOR	2.00	Director	$0	$0	$0
NICHOLAS FAHEY	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL HOPPEN	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE KOCIS	DIRECTOR	2.00	Director	$0	$0	$0
GIAMPAOLO PACI	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER SCHLESINGER	DIRECTOR	2.00	Director	$0	$0	$0
LYDIA MELAMED JOHNSON	EXECUTIVE DIRECTOR	40.00	Officer	$111,167	$0	$111,167

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,335,468	$2,009,990	$977,762	$-674,522
2022	$1,387,906	$1,368,444	$651,589	$19,462
2021	$130,534	$177,983	$937,563	$-47,449
2020	$183,978	$160,098	$520,576	$23,880
2019	$2,874,626	$2,795,047	$545,924	$79,579
2018	$3,131,737	$3,248,365	$1,495,830	$-116,628

ASSOCIATION OF INTERNATIONAL PHOTOGRAPHY ART DEALERS INC