ARTLIFE INC

EIN: 830722419 501(c)(3) Arts, Culture & Humanities

Ventura, CA

Total Revenue
$18,877
Total Expenses
$43,896
Total Assets
$1,045,892
Net Assets
$1,045,892
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
Jone Pence
Phone
8059017637
Tax Period
2022-01-01 to 2022-12-31

ARTLIFE INC, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $19K in total revenue in fiscal year 2022. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $44K exceeded revenue, resulting in a 133% operating deficit.

Mission

The mission of the ArtLife Foundation is To preserve and promote artistic expression and the creative mind, through education, exhibition, and outreach. To create opportunities for conceptual exchange through promoting international conversations and projects around the theme "Communication for the Creative Mind." To preserve Home/Studio and archive for the ART/LIFE Limited Edition Collection, and numerous other works of Cardella's art. To present exhibitions and discussions of innovative art in public places. To provide the opportunity for researchers to study the archives.

Program Service Accomplishments

Program 1
Expenses: $19,420 Revenue: $0

Collections and Tours:To Preserve and display 275 issues of Artlife Limited Editions produced over 25 years by Joe Cardella. Each issue is a collection of art received from 30 to 40 artists from...

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Collections and Tours:To Preserve and display 275 issues of Artlife Limited Editions produced over 25 years by Joe Cardella. Each issue is a collection of art received from 30 to 40 artists from around the world who sent 150 original replications of their art, which were then bound for distribution to renowned museums and libraries; The Getty, Yale Library, Boston Museum of Fine Art, Los Angeles Public Library and other notable institutions. To Preserve and present over 400 pieces of art created by Cardella, still in place where he put them, are displayed at the ARTLIFE home studio. Volunteers contributed over 250 hours to sort and maintain these collections.Tours during the pandemic year tours of the home studio and collections were very limited. Only close-knit groups of four, who were families or close friends, were taken on tours. Tours to view the studio, art and the limited edition collections take approximately 75 minutes. The tours are educational in nature providing discussion of the various art movement that influence Cardella's work. In 2021, approximately were 45 people on tours. Volunteer docents contributed over a 100 hours and do some training preparing for and leading tours.

Program 2
Expenses: $6,827 Revenue: $0

Creative Mind: creates opportunities for conceptual exchange through promoting conversations and projects around the world that challenge artist and thinkers to reconsider their preconceptions about...

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Creative Mind: creates opportunities for conceptual exchange through promoting conversations and projects around the world that challenge artist and thinkers to reconsider their preconceptions about the definition and practice of art itself, and to inspire current and future generations of artists to pursue Innovative works and ideas. Through our online presence we actively encourage international artists to participate in exhibitions in Ventura Calif. In 2021, 129 artists became Contributing Artists at the ARTLIFE Foundation. In 2021, ARTLIFE established a relationship with a Romanian Arts organization and began a regular dialogue and exchange of art that has resulted in a working partnership for the advancement of Mail Art. ARTLIFE communicated with a Museum in Ukraine, a University in Berlin, a Social Arts organization in Milan, the Art Department at the Virginia Tech and the University of Austin to invite artists in those bodies to participate internationally. volunteers contributed over 150 hours communicating with local and international artists and arts organizations.

Program 3
Expenses: $9,522 Revenue: $0

Exhibitions and Mail Art Shows: 2021 Pandemic restrictions prohibited public gathering. The ARTLIFE Foundation continued with its plans for a Mail Art Show to be displayed in Ventura, Calif. To work...

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Exhibitions and Mail Art Shows: 2021 Pandemic restrictions prohibited public gathering. The ARTLIFE Foundation continued with its plans for a Mail Art Show to be displayed in Ventura, Calif. To work within restrictions we planned to exhibit the work in the windows of businesses in the pedestrian friendly Downtown district of Ventura. Over 250 pieces of art were received from 23 countries and displayed for 90 days with an estimated 2000 people viewing the exhibit. Volunteers contributed over 350 hours sorting cataloging and displaying the Mail Art Show.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,089
Program Service Revenue $0
Investment Income $17,788
Other Revenue $0
TOTAL REVENUE $18,877

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,769
Other Expenses $43,896
TOTAL EXPENSES $43,896

Year-over-Year Comparison

2022 2021 Change
Revenue $18,877 $681,445 -1.0%
Expenses $43,896 $18,391 +1.4%
Net Income $-25,019 $663,054 -1.0%
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
9
Independent Members
9
Employees
N/A
Volunteers
30

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cathy Barroca President 4
Director
$0 $0 $0
Jonell McLain Secretary 2
Director
$0 $0 $0
Jone Pence Treasurer 3
Director
$0 $0 $0
Friday Gretchen Assit. Treasurer 1
Director
$0 $0 $0
Jeanne LaRocco Collections Chair 9
Director
$0 $0 $0
Lynne Okum Board Member 1
Director
$0 $0 $0
Ryan Carr Board Member 0.3
Director
$0 $0 $0
Debra Tygell Board Member 1
Director
$0 $0 $0
Ines Monguio Board Member 0.3
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
2022 $18,877 $43,896 $1,045,892 $-25,019
2021 $681,445 $18,391 $1,157,161 $663,054
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