ART PAPERS INC

EIN: 581404850 501(c)(3) Arts, Culture & Humanities

ATLANTA, GA

Total Revenue
$211,936
Total Expenses
$300,544
Total Assets
$288,042
Net Assets
$179,947
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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
1976
Legal Domicile
GA
Principal Officer
LOUISE SHAW
Phone
4045881837
Tax Period
2025-01-01 to 2025-12-31

ART PAPERS INC, founded in 1976, is a small nonprofit in the Arts, Culture & Humanities sector that reported $212K in total revenue in fiscal year 2025. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $301K exceeded revenue, resulting in a 42% operating deficit.

Mission

ATLANTA-BASED AND GLOBALLY ENGAGED, ART PAPERS SERVES THE CREATIVE COMMUNITY AND THE CULTURALLY CURIOUS BY EXPANDING THE DIALOGUE AROUND CONTEMPORARY ART AND CULTURE, EXPLORING THE WAYS THEY AFFECT AND REFLECT HUMAN EXPERIENCE. WE DO THIS IN PRINT, ONLINE, AND THROUGH PUBLIC PROGRAMMING.

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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 (2025)

Revenue Breakdown

Contributions & Grants $190,484
Program Service Revenue $36,346
Investment Income $244
Other Revenue $-15,138
TOTAL REVENUE $211,936

Expense Breakdown

Grants Paid $0
Salaries & Benefits $131,507
Fundraising Expenses $17,016
Program Expenses $190,068
Other Expenses $169,037
TOTAL EXPENSES $300,544

Year-over-Year Comparison

2025 2024 Change
Revenue $211,936 $456,124 -0.5%
Expenses $300,544 $233,443 +0.3%
Net Income $-88,608 $222,681 -1.4%
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

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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
61

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COCO CONROY SECRETARY 4.00
Officer Director
$0 $0 $0
JILL FRANK BOARD MEMBER 2.00
Director
$0 $0 $0
DONOVAN JOHNSON BOARD MEMBER 2.00
Director
$0 $0 $0
ELLIOT MCNALLY BOARD MEMBER 2.00
Director
$0 $0 $0
MELISSA MESSINA VICE PRESIDE 4.00
Officer Director
$0 $0 $0
LOUISE SHAW PRESIDENT 4.00
Officer Director
$0 $0 $0
DAN R TALLEY BOARD MEMBER 2.00
Director
$0 $0 $0
DR TOMMY THOOMAS BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS WOLF BOARD MEMBER 2.00
Director
$0 $0 $0
MARK ZHANG TREASURER 4.00
Officer Director
$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
2025 $211,936 $300,544 $288,042 $-88,608
2024 $456,124 $233,443 $382,481 $222,681
2023 $433,236 $397,730 $106,811 $35,506
2022 $403,735 $431,151 $131,326 $-27,416
2021 $354,741 $426,720 $150,288 $-71,979
2020 $382,927 $385,360 $189,110 $-2,433
2019 $326,803 $380,854 $162,392 $-54,051
2018 $542,181 $418,336 $244,017 $123,845
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