CENTER FOR ART LAW INC

EIN: 823614849 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$219,943
Total Expenses
$203,268
Total Assets
$156,448
Net Assets
$156,448
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
IRINA TARSIS
Phone
9177196815
Tax Period
2024-06-01 to 2025-05-31

CENTER FOR ART LAW INC, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $220K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $203K left a modest 8% surplus.

Mission

TO ESTABLISH AND MAINTAIN A CENTRALIZED RESOURCE FOR ART AND CULTURAL HERITAGE, LAW ADVANCEMENT, AND DEVELOPMENT. TO SERVE AND EDUCATE ARTISTS, LAW, AND ART STUDENTS, AND TO ASSIST MEMBERS OF THE GENERAL PUBLIC IN GAINING ACCESS TO RELEVANT INFORMATION.

Program Service Accomplishments

Program 1
Expenses: $141,492 Revenue: $106,677

EDUCATIONAL RESOURCES AND PROGRAMMING FOR THE ADVANCEMENT OF A VIBRANT ARTS AND LAW COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $113,266
Program Service Revenue $106,677
Investment Income $0
Other Revenue $0
TOTAL REVENUE $219,943

Expense Breakdown

Grants Paid $12,050
Salaries & Benefits $82,726
Fundraising Expenses $0
Program Expenses $141,492
Other Expenses $108,492
TOTAL EXPENSES $203,268

Year-over-Year Comparison

2024 2023 Change
Revenue $219,943 $191,920 +0.1%
Expenses $203,268 $140,244 +0.4%
Net Income $16,675 $51,676 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
7
Employees
1
Volunteers
82

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
3
$34,840
Total Directors
8
$34,840
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAKHEL MILSTEIN PRESIDENT 0.30
Officer Director
$0 $0 $0
IRINA TARSIS FOUNDER AND TREASURER 45.00
Officer Director
$34,840 $0 $34,840
LOUISE CARRON SECRETARY 3.00
Officer Director
$0 $0 $0
DIEGO FIGUEROA-RODRIGUEZ DIRECTOR 0.30
Director
$0 $0 $0
JUDGE BARBARA JAFFE DIRECTOR 0.15
Director
$0 $0 $0
MINERVA PINTO DIRECTOR 0.50
Director
$0 $0 $0
CAROL J STEINBERG DIRECTOR 0.25
Director
$0 $0 $0
PETER J TOREN DIRECTOR 0.30
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 $219,943 $203,268 $156,448 $16,675
2025 $219,943 $203,268 $156,448 $16,675
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