GLOBAL ART COLLECTIVE

EIN: 465263583 501(c)(3)

Linden, PA

Total Revenue
$304,332
Total Expenses
$164,350
Total Assets
$140,334
Net Assets
$140,334
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
PA
Principal Officer
Matthew Rockwell
Phone
4156972759
Tax Period
2018-07-01 to 2019-06-30

GLOBAL ART COLLECTIVE, founded in 2015, is a small nonprofit that reported $304K in total revenue in fiscal year 2018. Revenue surged 574% from the prior year, signaling strong growth momentum. The organization ran a surplus of $140K, a strong 46% operating margin.

Mission

Our mission is to provide artists, makers, dreamers, and social innovators from developing countries the access to the skills, resources, and opportunities necessary to generate their personal, community, and global economic well being by creating sustainable, collaborative, and ethical revenue streams. We support learning through arts and technology. We develop new models of collective ownership, democratic management, and open source markets that empower people to find the economic well being they deserve. Our main mission is to provide artists and creators the personal empowerment they need to make personal, community, and global impact ethically, sustainably, and collaboratively.

Program Service Accomplishments

Program 1
Expenses: $80,000 Revenue: $0

The establishment of The Cyrcle Collective, a physical and digital shared economic platform, that provides the education, resources, and opportunities to generate revenue sustainably...

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The establishment of The Cyrcle Collective, a physical and digital shared economic platform, that provides the education, resources, and opportunities to generate revenue sustainably, collaboratively, and ethically. The Cyrcle is a independent non-profit collective located in Kathmandu, Nepal and is a community resource and business library. It is part university, part jobs platform, and part means of production. Combined these three components comprise a circular wealth collective that provides members and beneficiaries the necessary ingredients to create their own economic well being. Revenues created through the functioning of The Cyrcle Collective is reinvested back into community resources to help each other generate revenue. 1. Skills: We invest in quality teachers and facilities and have developed a new type of gig based education that teaches only relevant and useful skills. Basic classes and introduction to autodidactic learning are free, with upper level classes that require highly qualified mentors to teach. Our grant has created 8 full time positions in the country, pays facility rents, purchased technology (3d printers, VR gear, and fab lab), and has developed an online education and work platform known as www.thecyrcle.org.

Program 2
Expenses: $63,244 Revenue: $0

Art Bike Relief is a collaborative project established to assist a local non-profit deal with thousands of littered bikes after an art event. The project is an example of circular and collaborative...

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Art Bike Relief is a collaborative project established to assist a local non-profit deal with thousands of littered bikes after an art event. The project is an example of circular and collaborative economics and is intended to turn damaged and orphaned bikes into social impact around the world. We collect membership fees from volunteers who help us repair bikes and distribute them to their communities. In total we have collected over 1200 bicycles and 700 non-voting honorary members have joined our collective as a result of this project. With the damaged bikes and the membership dues we have been able to bring in artists from Nepal, France, Italy, Israel and the US together to design and build art installations from recycled materials.

Program 3
Expenses: $6,408 Revenue: $0

Home Plastics Recycling Factory and Research Lab: This project is intended to design and build small scale plastics recycling machines that can be used to produce almost any kind of plastic materials...

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Home Plastics Recycling Factory and Research Lab: This project is intended to design and build small scale plastics recycling machines that can be used to produce almost any kind of plastic materials and products. The intitial lab consists of shredding machines, an extrusion machines, a plastics bike powered washing machine, and an injection molder. The machines are designed to be low cost and create a business with machines that cost under $1000 to produce. In addition to machine development and prototyping, the project also includes creating a local network of trash collectors, and waste collection programs that would enable people to clean up their neighborhoods and get paid for collecting their plastics.

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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 (2018)

Revenue Breakdown

Contributions & Grants $304,332
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $304,332

Expense Breakdown

Grants Paid $97,408
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $160,652
Other Expenses $66,942
TOTAL EXPENSES $164,350

Year-over-Year Comparison

2018 2017 Change
Revenue $304,332 $45,147 +5.7%
Expenses $164,350 $43,794 +2.8%
Net Income $139,982 $1,353 +102.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
95

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matthew Rockwell CEO 40.00
Officer
$0 $0 $0
James Mcfinn COO 40
Officer
$0 $0 $0
Gautam Shah CFO 1.00
Officer
$0 $0 $0
Dinesh Lamsel CTO 1
Officer
$0 $0 $0
Sajal Pradhan CSO 1
Officer
$0 $0 $0
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
2019 $304,332 $164,350 $140,334 $139,982
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