Civic Intelligence

Artis Contemporary Israeli Art Fund Inc.

EIN 26-4184988 • 501(c)3 • New York, NY

Pub. 78 EligibleNTEE A23

Profile

Artis is an independent not-for-profit organization that broadens international awareness and understanding of contemporary visual art from israel. Artis actively engages in shaping global dialogue around, and in recognition of, contemporary visual art from israel. We support artist - regardless of religion, race or ethnicity - who take creative and intellectual risks, and who address important challenges through their practice. We champion innovation, experimentation and artistic excellence and support freedom of speech and expression for all people. Artiscontemporary.org.

38 East 1st Street Ground FLNew York, NY 10003

www.artiscontemporary.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.06x

Higher debt load relative to assets than 51% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.09x

Higher debt load relative to revenue than 50% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Net Margin

18th percentile

-19%

Higher net margin than 18% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$166,272

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2024

Asset Growth

13th percentile

-12%

Faster asset growth than 13% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-3.9%

Faster revenue growth than 32% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,797,770

Down $255,588 (-12%) from 2023

Liabilities

Down

$99,840

Down $30,954 (-24%) from 2023

Net Assets

Down

$1,697,930

Down $224,634 (-12%) from 2023

Revenue

Down

$1,162,852

Down $47,152 (-3.9%) from 2023

Expenses

Up

$1,387,486

Up $294,918 (+27%) from 2023

Net Income

Down

-$224,634

Down $342,070 (-291%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2012: $419,117Liabilities 2012: $48,585Net Assets 2012: $370,5322012Assets 2013: $337,969Liabilities 2013: $86,142Net Assets 2013: $251,8272013Assets 2014: $1,122,301Liabilities 2014: $60,150Net Assets 2014: $1,062,1512014Assets 2015: $1,349,402Liabilities 2015: $138,593Net Assets 2015: $1,210,8092015Assets 2016: $985,972Liabilities 2016: $99,860Net Assets 2016: $886,1122016Assets 2017: $834,994Liabilities 2017: $23,560Net Assets 2017: $811,4342017Assets 2018: $670,044Liabilities 2018: $60,742Net Assets 2018: $609,3022018Assets 2019: $1,222,920Liabilities 2019: $61,252Net Assets 2019: $1,161,6682019Assets 2020: $1,517,467Liabilities 2020: $51,514Net Assets 2020: $1,465,9532020Assets 2021: $2,009,194Liabilities 2021: $23,376Net Assets 2021: $1,985,8182021Assets 2022: $1,974,227Liabilities 2022: $169,099Net Assets 2022: $1,805,1282022Assets 2023: $2,053,358Liabilities 2023: $130,794Net Assets 2023: $1,922,5642023Assets 2024: $1,797,770Liabilities 2024: $99,840Net Assets 2024: $1,697,9302024

Highlighted filing

2024

Assets$1,797,770
Liabilities$99,840
Net Assets$1,697,930

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $716,0112012Revenue 2013: $670,164Expenses 2013: $788,869Net Income 2013: -$118,7052013Revenue 2014: $1,527,887Expenses 2014: $717,563Net Income 2014: $810,3242014Revenue 2015: $1,135,167Expenses 2015: $986,509Net Income 2015: $148,6582015Revenue 2016: $515,802Expenses 2016: $840,499Net Income 2016: -$324,6972016Revenue 2017: $666,375Expenses 2017: $741,053Net Income 2017: -$74,6782017Revenue 2018: $447,509Expenses 2018: $649,641Net Income 2018: -$202,1322018Revenue 2019: $1,240,574Expenses 2019: $688,208Net Income 2019: $552,3662019Revenue 2020: $1,167,687Expenses 2020: $863,402Net Income 2020: $304,2852020Revenue 2021: $1,397,882Expenses 2021: $878,017Net Income 2021: $519,8652021Revenue 2022: $992,049Expenses 2022: $1,117,379Net Income 2022: -$125,3302022Revenue 2023: $1,210,004Expenses 2023: $1,092,568Net Income 2023: $117,4362023Revenue 2024: $1,162,852Expenses 2024: $1,387,486Net Income 2024: -$224,6342024

Highlighted filing

2024

Revenue$1,162,852
Expenses$1,387,486
Net Income-$224,634

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$1,162,852
Mission and Program Overview

Mission

Artis is an independent not-for-profit organization that broadens international awareness and understanding of contemporary visual art from israel. Artis actively engages in shaping global dialogue around, and in recognition of, contemporary visual art from israel. We support artist - regardless of religion, race or ethnicity - who take creative and intellectual risks, and who address important challenges through their practice. We champion innovation, experimentation and artistic excellence and support freedom of speech and expression for all people. Artiscontemporary.org.

Artis is an independent nonprofit organization that supports contemporary artists from israel whose work addresses aesthetic, social and political questions to inspire reflection and debate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$352,571$1,160,830▲ $808,259
Cash and Non-Interest-Bearing Accounts$1,542,902$559,188▼ $983,714
Pledges and Grants Receivable$140,000$35,000▼ $105,000
Prepaid Expenses and Deferred Charges$14,109$24,029▲ $9,920
Accounts Receivable-$18,723-
Land, Buildings, and Equipment, Net$3,776$0▼ $3,776
Total Assets$2,053,358$1,797,770▼ $255,588
Liabilities
Grants Payable$101,610$58,750▼ $42,860
Accounts Payable and Accrued Expenses$29,184$41,090▲ $11,906
Total Liabilities$130,794$99,840▼ $30,954
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,335,477$1,614,017▲ $278,540
Net Assets With Donor Restrictions$587,087$83,913▼ $503,174
Total Net Assets Fund Balance$1,922,564$1,697,930▼ $224,634
Total Liabilities and Net Assets / Fund Balance$2,053,358$1,797,770▼ $255,588

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$72,920$72,920
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hillit ZwickExecutive DirectorFT$150,000$16,272$166,272

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,099,956
Program Service Revenue
$35,914
Investment Income
$26,982
Other Revenue
$0
All Other Contributions
$1,099,956
Change in Net Assets
$-224,634

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,162,852
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$33,000
Total Revenue per Audited Statements
$1,195,852
Total Revenue per Form 990
$1,162,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$735,860
Salaries, Compensation, and Employee Benefits$342,723
Other Expenses$308,903
Total Fundraising Expense$90,013
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$550,723--$550,723
Current Officers, Directors, Trustees, and Key Employees$99,763$16,627$49,882$166,272
Grants to Domestic Orgs$142,163--$142,163
Other Salaries and Wages$94,501$27,001$13,499$135,001
Fees for Services Other$16,955$15,753$17,586$50,294
Grants to Domestic Individuals$42,974--$42,974
Fees for Services Accounting-$28,756-$28,756
Payroll Taxes$16,299$3,710$5,168$25,177
Travel$2,736$13,633$25$16,394
Other Employee Benefits$11,305$3,169$1,799$16,273
Other Expenses$126$7,478-$7,604
Information Technology$196$4,916-$5,112
Depreciation Depletion$2,445$556$775$3,776
Office Expenses$2,370$540$751$3,661
Advertising$2,822--$2,822
Insurance$1,666$380$528$2,574
Total Functional Expenses$1,146,005$151,468$90,013$1,387,486

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,420,486
Expenses per Audited Statements$1,387,486
Total Expenses per Form 990$1,387,486
Expenses Not Reported on Form 990$33,000
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jewish Museum New YorkNew York, NY501 (c) (3)For Contemporary Art$40,533
The Armand Hammer Museum of Art and Cultural Center IncLos Angeles, CA501 (c) (3)For Contemporary Art$40,000
International Studio and Curatorial Program (iscp)Brooklyn, NY501 (c) (3)For Contemporary Art$20,118
18th Street Arts CenterSanta Monica, CA501 (c) (3)For Contemporary Art$7,750
Residency Unlimited (ru)Brooklyn, NY501 (c) (3)For Contemporary Art$7,200

International Summary

Offices
0
Employees
2
Spending
$609,223

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Grants-00$282,411
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrants-00$268,312
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ServicesIsraeli Program Management02$58,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Directors dan herbatschek and rachel herbatschek have a family relationship.

Form 990, Part VI, Section B, Line 11B

The executive committee, led by the founder and chairman of the board oversees financial statements, audit, and the selection of an independent accountant.

Form 990, Part VI, Section B, Line 12C

A. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that does not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organizations best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If, after allowing the member to explain his alleged failure to disclose the conflict of interest, the organization shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section B, Line 15A

The board members of the organization determine and approve the compensation for the executive director. The compensation for the executive director is approved during a board meeting. The executive director is reviewed annually by the executive committee.

Form 990, Part VI, Section C, Line 19

All documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Artis Contemporary Israeli Art Fundinc
EIN
26-4184988
Phone
2122850960
Address
38 EAST 1ST STREET GROUND FL, NEW YORK, NY 10003

Signing Officer

Name
Beth Citron
Title
Executive Director
Phone
2122850960
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Citron
Formed
2004
Legal Domicile
Ny
Voting Board Members
22
Independent Board Members
22
Employees
3
Volunteers
22

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Jessica Digiamo Diaz
Phone
2126972299
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IRS990/Form990PartVIISectionAGrp/PersonNm18JENNIFER V ROTH
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IRS990/Form990PartVIISectionAGrp/PersonNm20JAMES SNYDER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0FOUNDER AND CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DIRECTOR
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IRS990/MissionDesc0ARTIS IS AN INDEPENDENT NONPROFIT ORGANIZATION THAT SUPPORTS CONTEMPORARY ARTISTS FROM ISRAEL WHOSE WORK ADDRESSES AESTHETIC, SOCIAL AND POLITICAL QUESTIONS TO INSPIRE REFLECTION AND DEBATE. WWW.ARTIS.ART
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