ARTISTS IN RESIDENCE INC

EIN: 237343096 501(c)(3)

BROOKLYN, NY

Total Revenue
$390,422
Total Expenses
$408,608
Total Assets
$721,063
Net Assets
$110,186
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NY
Principal Officer
CHRISTIAN CAMACHO-LIGHT
Phone
2122556651
Tax Period
2023-09-01 to 2024-08-31

ARTISTS IN RESIDENCE INC, founded in 1972, is a small nonprofit that reported $390K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

TO SUPPORT AN OPEN EXCHANGE OF IDEAS AND RISK-TAKING BY WOMEN ARTISTS IN ORDER TO PROVIDE SUPPORT AND VISIBILITY. AS AN ARTIST-RUN ORGANIZATION, A.I.R. FOSTERS INVOLVEMENT THROUGH MULTIPLE TIERS OF REPRESENTATION: NEW YORK, NATIONAL, ADJUNCT, AND ALUMNAE ARTISTS. A SELF-DIRECTED GOVERNING BODY, THE ORGANIZATION IS ALTERNATIVE TO MAINSTREAM INSTITUTIONS AND THRIVES ON THE NETWORK OF ACTIVE PARTICIPANTS. COLLABORATIONS AND PARTNERSHIPS WITH OUTSIDE ORGANIZATIONS AND INDIVIDUALS ENSURE A PLATFORM INFORMED BY A DIVERSE COMMUNITY AND REPRESENTATIVE OF BROAD VIEWS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $329,148
Program Service Revenue $61,252
Investment Income $22
Other Revenue $0
TOTAL REVENUE $390,422

Expense Breakdown

Grants Paid $0
Salaries & Benefits $226,699
Fundraising Expenses $35,253
Program Expenses $295,030
Other Expenses $181,909
TOTAL EXPENSES $408,608

Year-over-Year Comparison

2023 2022 Change
Revenue $390,422 $463,407 -0.2%
Expenses $408,608 $460,645 -0.1%
Net Income $-18,186 $2,762 -7.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
3
Volunteers
N/A

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
5
$75,589
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOMOKO ABE PRESIDENT, EXECUTIVE COMMITTEE 5.00
Officer Director
$0 $0 $0
SUSAN BEE BOARD MEMBER 2.00
Director
$0 $0 $0
LIZANIA CRUZ BOARD MEMBER 2.00
Director
$0 $0 $0
DARIA DOROSH BOARD MEMBER 2.00
Director
$0 $0 $0
YVETTE DRURY DUBINSKY BOARD MEMBER 2.00
Director
$0 $0 $0
MAXINE HENRYSON BOARD MEMBER 2.00
Director
$0 $0 $0
BONAM KIM BOARD MEMBER 2.00
Director
$0 $0 $0
ROSINA LARDIERI BOARD MEMBER 2.00
Director
$0 $0 $0
CAROLYN MARTIN BOARD MEMBER 2.00
Director
$0 $0 $0
SYLVIA NETZER EXECUTIVE COMMITTEE 5.00
Director
$0 $0 $0
CAROLINA PAZ SECRETARY, EXECUTIVE COMMITTEE 5.00
Officer Director
$0 $0 $0
AYA RODRIGUEZ-IZUMI BOARD MEMBER 2.00
Director
$0 $0 $0
ANN SCHAUMBURGER BOARD MEMBER 2.00
Director
$0 $0 $0
YVONNE SHORTT BOARD MEMBER 2.00
Director
$0 $0 $0
JOAN SNITZER BOARD MEMBER 5.00
Director
$0 $0 $0
SUSAN STAINMAN BOARD MEMBER 2.00
Director
$0 $0 $0
ERICA STOLLER VICE-PRESIDENT, EXECUTIVE COMMITTEE 5.00
Officer Director
$0 $0 $0
SKY SYZYGY TREASURER, EXECUTIVE COMMITTEE 5.00
Officer Director
$0 $0 $0
CHRISTIAN CAMACHO-LIGHT EXECUTIVE DIRECTOR 40.00
Officer
$75,589 $0 $75,589
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 $390,422 $408,608 $721,063 $-18,186
2023 $463,407 $460,645 $238,173 $2,762
2022 $434,357 $394,660 $181,102 $39,697
2021 $367,000 $371,637 $138,002 $-4,637
2020 $330,067 $260,687 $127,982 $69,380
2019 $293,304 $285,265 $55,425 $8,039
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