INTERNATIONAL ARTS & ARTISTS INC

EIN: 571025197 501(c)(3) Arts, Culture & Humanities

WASHINGTON, DC

Total Revenue
$1,653,759
Total Expenses
$2,243,892
Total Assets
$3,021,587
Net Assets
$-200,496
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
SC
Principal Officer
GREG D HOUSTON
Phone
2023380680
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL ARTS & ARTISTS INC, founded in 1995, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $2.2M exceeded revenue, resulting in a 36% operating deficit.

Mission

INTERNATIONAL ARTS & ARTISTS IS A NONPROFIT ORGANIZATION DEDICATED TO INCREASING CROSS-CULTURAL UNDERSTANDING AND EXPOSURE TO THE ARTS INTERNATIONALLY THROUGH EXHIBITIONS, PROGRAMS, AND SERVICES TO ARTISTS, ARTS INSTITUTIONS, AND THE PUBLIC.

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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 $103,465
Program Service Revenue $1,550,258
Investment Income $36
Other Revenue $0
TOTAL REVENUE $1,653,759

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,035,874
Fundraising Expenses $15,267
Program Expenses $2,072,294
Other Expenses $1,208,018
TOTAL EXPENSES $2,243,892

Year-over-Year Comparison

2023 2022 Change
Revenue $1,653,759 $1,802,340 -0.1%
Expenses $2,243,892 $1,852,292 +0.2%
Net Income $-590,133 $-49,952 +10.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
22
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
$180,497
Total Directors
12
$104,123
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MS JUANITA HARDY CHAIR OF THE BOARD 2.00
Officer Director
$0 $0 $0
MR WARREN LEE BROWN SECRETARY 2.00
Officer Director
$0 $0 $0
MR MICHAEL FREEDMAN TREASURER 2.00
Officer Director
$0 $0 $0
AMBASSADOR LOUISE BLAIS TRUSTEE 1.00
Director
$0 $0 $0
MR KEN HAKUTA TRUSTEE 1.00
Director
$0 $0 $0
MS LISA GUERRERO NAKPIL TRUSTEE 1.00
Director
$0 $0 $0
MR EUGENE ROBINSON TRUSTEE 1.00
Director
$0 $0 $0
DR BRENDA THOMPSON TRUSTEE 1.00
Director
$0 $0 $0
DR OM RICK HAMRICK TRUSTEE 1.00
Director
$0 $0 $0
MR HUGH WEBSTER TRUSTEE 1.00
Director
$0 $0 $0
MR DAVID FURCHGOTT THROUGH 87 PRESIDENT & CEO 40.00
Officer Director
$104,123 $0 $104,123
RENATO MIRACCO TRUSTEE 1.00
Director
$0 $0 $0
GREG HOUSTON EFFECTIVE 87 PRESIDENT & CEO 40.00
Officer
$54,081 $22,293 $76,374
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 $1,653,759 $2,243,892 $3,021,587 $-590,133
2022 $1,802,340 $1,852,292 $3,217,654 $-49,952
2021 $1,902,138 $1,499,134 $3,217,504 $403,004
2020 $1,574,784 $1,684,792 $2,835,069 $-110,008
2019 $2,107,111 $2,196,986 $3,143,702 $-89,875
2018 $1,650,828 $1,823,747 $3,223,066 $-172,919
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