Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 31.5% of source-year revenue.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Assets
Up$154,395
Up $43,355 (+39%) from 2019
Net Assets
Down$20,898
Down $72,462 (-78%) from 2019
Liabilities
Up$133,497
Up $115,817 (+655%) from 2019
Revenue
Down$114,306
Down $116,349 (-50%) from 2019
Expenses
Down$186,768
Down $860 (-0.5%) from 2019
Net Income
Down-$72,462
Down $115,489 (-268%) from 2019
Supporting artists and curators on an international level as well engaging the local community in brooklyn and the greater new york area. Nars provides an array of creative support services and professional development opportunities for emerging and mid-career artists through short-term integrated residency programs, affordable long-term studio spaces, progressive exhibition programs, international exchanges, and engaging public programs that foster global understanding and dynamic cross-cultural dialogues. These services operate in conjunction with our community outreach initiatives to promote greater accessibility to contemporary art for the under-served local community in south brooklyn. Our mission is to present diverse platforms on which to nurture creative inspiration and innovative cross-pollination of ideas.
Supporting artists and curators on an international level as well engaging the local community in brooklyn and the greater new york area. Nars provides an array of creative support services and professional development opportunities for emerging and mid-careerbrooklyn and ny.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $80,731 | $110,771 | ▲ $30,040 |
| Cash and Non-Interest-Bearing Accounts | $21,164 | $34,479 | ▲ $13,315 |
| Total Assets | $111,040 | $154,395 | ▲ $43,355 |
| Other Assets Total | $9,145 | $9,145 | → $0 |
| Liabilities | |||
| Other Liabilities | $500 | $115,659 | ▲ $115,159 |
| Unsecured Notes Loans Payable | $17,180 | $17,838 | ▲ $658 |
| Total Liabilities | $17,680 | $133,497 | ▲ $115,817 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $93,360 | $20,898 | ▼ $72,462 |
| Total Net Assets Fund Balance | $93,360 | $20,898 | ▼ $72,462 |
| Total Liabilities and Net Assets / Fund Balance | $111,040 | $154,395 | ▲ $43,355 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | - | $128,184 | $128,184 |
| Other Assets Org | $9,145 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Junho Lee | Founding Director | FT | $36,000 | $36,000 |
| Name | Title |
|---|---|
| Thomas Arnold | Chair |
| Chonghun Daniel Song | Director |
| Ed Rubin | Director |
| Hyewon Yi | Director |
| Sylvia Soyeon Kim | Director |
| Nicholas Touron | Secretary |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $94,124 |
| Other Expenses | $92,644 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $61,044 | $26,161 | - | $87,205 |
| Occupancy | $49,626 | $21,268 | - | $70,894 |
| Payroll Taxes | $4,843 | $2,076 | - | $6,919 |
| Fees for Services Other | $4,727 | - | - | $4,727 |
| Other Expenses | $2,185 | $3,012 | - | $3,012 |
| Information Technology | $3,003 | - | - | $3,003 |
| Office Expenses | $2,087 | $76 | - | $2,163 |
| Insurance | - | $1,983 | - | $1,983 |
| Fees for Services Accounting | - | $1,575 | - | $1,575 |
| Advertising | $1,012 | - | - | $1,012 |
| Interest | - | $776 | - | $776 |
| Total Functional Expenses | $128,527 | $58,241 | $0 | $186,768 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| SBA EIDL payable | $90,800 |
| PPP payable | $16,372 |
| SBA Advance payable | $3,000 |
| Wage payable | $2,981 |
| payroll tax payable | $2,256 |
| Security Deposit payable | $150 |
| Studio visit payable | $100 |
“A copy of the form 990 should be provided to the organizations governing body before it is filed”
“Form 990, part vi, section b, line 12c:the organization enforces the conflict of interest policy by monitoringknown relationships, questionnaires, and noting any changes in disclosedinformation. Any conflict is reviewed by the board before a decision ismade as to whether to approve the transaction.”
“Form 990, part vi, section c, line 19:the organizations governing documents, conflict of interest policy, andfinancial statements are available upon request.”
“Form 990, part vi, section b, line 11b:the form 990 has been reviewed by a group of persons authorized to reviewfinancial and audit matters prior to filing. The final form 990 (filed withthe irs) will be available at the next meeting of the board for inspection.in addition, upon request of any boardmember, a copy will be provided. Ifthere are any material changes, an amended form 990 will be filed.”
“Form 990, part iii, line 1, description of organization mission:artists through short-term integrated residency programs, affordablelong-term studio spaces, progressive exhibition programs, internationalexchanges, and engaging public programs that foster globalunderstanding and dynamic cross-cultural dialogues. These servicesoperate in conjunction with our community outreach initiatives topromote greater accessibility to contemporary art for the under-servedlocal community in south brooklyn. Our mission is to present diverseplatforms on which to nurture creative inspiration and innovativecross-pollination of ideas. Programs are designed to encourage greater exposure for theparticipating artists while provided supportive professionaldevelopment services such as studio visits from prominent curators, artcritics, gallerist, and art historians; open studio events; artisttalks; curator talks; panel discussions; workshops & seminars; teachingopportunities; collaborations with international organizations; andvarious exhibition opportunities. It also provides the the greater newyork community with access to the highest caliber of internationalartists. Contemporary arts for the working class community in brooklyn throughfree saturday family workshops and in-school programming at local k-12public schools. The educational mission is to impart creative problemsolving skills through hand-on and object based visual arts workshopsto economically disadvantages and underserved children and theirfamilies while providing an alternative creative outlet for at-riskyouths. Participants come away from the program with a greater sense ofself-confidence, exposure to different perspectives from around theglobe, and a meaningful experience in essential skill sets such asexamination, evaluation, and creatively problem solving that are key totheir future success.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | SUPPORTING ARTISTS AND CURATORS ON AN INTERNATIONAL LEVEL AS WELL ENGAGING THE LOCAL COMMUNITY IN BROOKLYN AND THE GREATER NEW YORK AREA. NARS PROVIDES AN ARRAY OF CREATIVE SUPPORT SERVICES AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR EMERGING AND MID-CAREERBROOKLYN AND NY. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1012 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1012 |
| IRS990/AllOtherContributionsAmt | 0 | 15904 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JUNHO LEE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7187682765 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 201 46TH ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Brooklyn |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11220 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 21164 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 34479 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 15904 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 40 |
| IRS990/CYOtherExpensesAmt | 0 | 92644 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 98362 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -72462 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 94124 |
| IRS990/CYTotalExpensesAmt | 0 | 186768 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 114306 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | STUDIO PROGRAM PROVIDES A CREATIVE AND SUPPORTIVE WORK ENVIRONMENT FOREMERGING AND MID-CAREER ARTISTS BY PROVIDING AFFORDABLE, LONG-TERM WORKSPACES THAT ARE DESIGNED TO FOSTER MULTICULTURAL DIALOGUE AND DYNAMICCROSS POLLINATION OF IDEAS AMONG THE ARTISTS IN THE STUDIO PROGRAM ANDWITH THE PROFESSIONAL ARTIST COMMUNITY AT LARGE. THE PROGRAM PROVIDES APLATFORM FOR DEVELOPING, CREATING, AND SHARING CUTTING- EDGECONTEMPORARY ARTWORKS IN A SUPPORTIVE AND STABLE COMMUNITY.PROFESSIONAL DEVELOPMENT PROGRAMS FOR EMERGING AND UNDERREPRESENTEDARTISTS FROM AROUND THE WORLD THROUGH ITS INTERNATIONAL ARTISTSRESIDENCY PROGRAM, ARTISTS SALONS, AND EXHIBITION PROGRAMS. THE VARIOUSARTISTS THROUGH SHORT-TERM INTEGRATED RESIDENCY PROGRAMS, AFFORDABLELONG-TERM STUDIO SPACES, PROGRESSIVE EXHIBITION PROGRAMS, INTERNATIONALEXCHANGES, AND ENGAGING PUBLIC PROGRAMS THAT FOSTER GLOBALUNDERSTANDING AND DYNAMIC CROSS-CULTURAL DIALOGUES. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 128527 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1575 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1575 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 4727 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 4727 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JUNHO LEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ED RUBIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHONGHUN DANIEL SONG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | THOMAS ARNOLD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | SYLVIA SOYEON KIM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | NICHOLAS TOURON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | HYEWON YI |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 36000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | FOUNDING DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 114306 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 3003 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 3003 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1983 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1983 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 776 |
| IRS990/InterestGrp/TotalAmt | 0 | 776 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 40 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 40 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 128184 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 128184 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | SUPPORTING ARTISTS AND CURATORS ON AN INTERNATIONAL LEVEL AS WELL ENGAGING THE LOCAL COMMUNITY IN BROOKLYN AND THE GREATER NEW YORK AREA. NARS PROVIDES AN ARRAY OF CREATIVE SUPPORT SERVICES AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR EMERGING AND MID-CAREERBROOKLYN AND NY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 93360 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 20898 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 93360 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 20898 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 21268 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 49626 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 70894 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 76 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 2087 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2163 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 9145 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 9145 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | TRAVEL AND MEETING |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK FEES AND PROCESSING |
| IRS990/OtherExpensesGrp/Desc | 2 | MAINTENANCE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1314 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 3012 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2185 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2185 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1314 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3012 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 500 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 115659 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 26161 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 61044 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 87205 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2076 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 4843 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 6919 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | JUNHO LEE |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM SERVICE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 98362 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 98362 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 21346 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 37 |
| IRS990/PYOtherExpensesAmt | 0 | 104107 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 209272 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 43027 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 83521 |
| IRS990/PYTotalExpensesAmt | 0 | 187628 |
| IRS990/PYTotalRevenueAmt | 0 | 230655 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -72462 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 98362 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 80731 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 110771 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 15904 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 21346 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10254 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 13469 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 22726 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 83699 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 40 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 37 |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Wage payable |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | payroll tax payable |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | SBA Advance payable |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A COPY OF THE FORM 990 SHOULD BE PROVIDED TO THE ORGANIZATIONS GOVERNING BODY BEFORE IT IS FILED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990, PART VI, SECTION B, LINE 12C:THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORINGKNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSEDINFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION ISMADE AS TO WHETHER TO APPROVE THE TRANSACTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990, PART VI, SECTION C, LINE 19:THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, ANDFINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:ARTISTS THROUGH SHORT-TERM INTEGRATED RESIDENCY PROGRAMS, AFFORDABLELONG-TERM STUDIO SPACES, PROGRESSIVE EXHIBITION PROGRAMS, INTERNATIONALEXCHANGES, AND ENGAGING PUBLIC PROGRAMS THAT FOSTER GLOBALUNDERSTANDING AND DYNAMIC CROSS-CULTURAL DIALOGUES. THESE SERVICESOPERATE IN CONJUNCTION WITH OUR COMMUNITY OUTREACH INITIATIVES TOPROMOTE GREATER ACCESSIBILITY TO CONTEMPORARY ART FOR THE UNDER-SERVEDLOCAL COMMUNITY IN SOUTH BROOKLYN. OUR MISSION IS TO PRESENT DIVERSEPLATFORMS ON WHICH TO NURTURE CREATIVE INSPIRATION AND INNOVATIVECROSS-POLLINATION OF IDEAS. PROGRAMS ARE DESIGNED TO ENCOURAGE GREATER EXPOSURE FOR THEPARTICIPATING ARTISTS WHILE PROVIDED SUPPORTIVE PROFESSIONALDEVELOPMENT SERVICES SUCH AS STUDIO VISITS FROM PROMINENT CURATORS, ARTCRITICS, GALLERIST, AND ART HISTORIANS; OPEN STUDIO EVENTS; ARTISTTALKS; CURATOR TALKS; PANEL DISCUSSIONS; WORKSHOPS & SEMINARS; TEACHINGOPPORTUNITIES; COLLABORATIONS WITH INTERNATIONAL ORGANIZATIONS; ANDVARIOUS EXHIBITION OPPORTUNITIES. IT ALSO PROVIDES THE THE GREATER NEWYORK COMMUNITY WITH ACCESS TO THE HIGHEST CALIBER OF INTERNATIONALARTISTS. CONTEMPORARY ARTS FOR THE WORKING CLASS COMMUNITY IN BROOKLYN THROUGHFREE SATURDAY FAMILY WORKSHOPS AND IN-SCHOOL PROGRAMMING AT LOCAL K-12PUBLIC SCHOOLS. THE EDUCATIONAL MISSION IS TO IMPART CREATIVE PROBLEMSOLVING SKILLS THROUGH HAND-ON AND OBJECT BASED VISUAL ARTS WORKSHOPSTO ECONOMICALLY DISADVANTAGES AND UNDERSERVED CHILDREN AND THEIRFAMILIES WHILE PROVIDING AN ALTERNATIVE CREATIVE OUTLET FOR AT-RISKYOUTHS. PARTICIPANTS COME AWAY FROM THE PROGRAM WITH A GREATER SENSE OFSELF-CONFIDENCE, EXPOSURE TO DIFFERENT PERSPECTIVES FROM AROUND THEGLOBE, AND A MEANINGFUL EXPERIENCE IN ESSENTIAL SKILL SETS SUCH ASEXAMINATION, EVALUATION, AND CREATIVELY PROBLEM SOLVING THAT ARE KEY TOTHEIR FUTURE SUCCESS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FORM 990, PART VI, SECTION B, LINE 11B:THE FORM 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEWFINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL FORM 990 (FILED WITHTHE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION.IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IFTHERE ARE ANY MATERIAL CHANGES, AN AMENDED FORM 990 WILL BE FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part III response or note to any other line in Part III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part VI response or note to any other line in Part VI |
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| IRS990/UponRequestInd | 0 | X |
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| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | NARSFOUNDATION.ORG |
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| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | FOUNDING DIRECT |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-17 |
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| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 201 46TH ST STE 4FL |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Brooklyn |
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| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11220 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.