Civic Intelligence

Can Art Change the World Inc

EIN 82-4418709 • 501(c)3 • New York, NY

Profile

Can art change the world inc is an organization that aims to use the power of art, culture and education to bring social awareness and social change around the world and in the specific communities.

11 Spring StreetNew York, NY 10012-4215

www.canartchangetheworld.net

Siviq Scores

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

Liabilities / Assets

47th percentile

0.05x

Higher debt load relative to assets than 47% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.41x

Higher debt load relative to revenue than 72% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2024

Net Margin

40th percentile

-2.4%

Higher net margin than 40% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A • $10M-$25M nonprofits • Source year 2024

Asset Growth

54th percentile

4.4%

Faster asset growth than 54% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

152%

Faster revenue growth than 94% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,045,337

Up $424,760 (+4.4%) from 2023

Liabilities

Up

$491,848

Up $453,163 (+1171%) from 2023

Net Assets

Down

$9,553,489

Down $28,403 (-0.3%) from 2023

Revenue

Up

$1,205,086

Up $727,582 (+152%) from 2023

Expenses

Down

$1,233,489

Down $158,587 (-11%) from 2023

Net Income

Up

-$28,403

Up $886,169 (+97%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2018: $1,250,384Liabilities 2018: $533,723Net Assets 2018: $716,6612018Assets 2019: $825,381Liabilities 2019: $23,755Net Assets 2019: $801,6262019Assets 2020: $945,900Liabilities 2020: $60,118Net Assets 2020: $885,7822020Assets 2021: $1,070,026Liabilities 2021: $54Net Assets 2021: $1,069,9722021Assets 2022: $10,511,835Liabilities 2022: $15,371Net Assets 2022: $10,496,4642022Assets 2023: $9,620,577Liabilities 2023: $38,685Net Assets 2023: $9,581,8922023Assets 2024: $10,045,337Liabilities 2024: $491,848Net Assets 2024: $9,553,4892024

Highlighted filing

2024

Assets$10,045,337
Liabilities$491,848
Net Assets$9,553,489

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2018: $1,050,659Expenses 2018: $333,998Net Income 2018: $716,6612018Revenue 2019: $394,353Expenses 2019: $309,389Net Income 2019: $84,9642019Revenue 2020: $824,567Expenses 2020: $740,513Net Income 2020: $84,0542020Revenue 2021: $1,205,626Expenses 2021: $1,021,438Net Income 2021: $184,1882021Revenue 2022: $10,454,630Expenses 2022: $1,028,138Net Income 2022: $9,426,4922022Revenue 2023: $477,504Expenses 2023: $1,392,076Net Income 2023: -$914,5722023Revenue 2024: $1,205,086Expenses 2024: $1,233,489Net Income 2024: -$28,4032024

Highlighted filing

2024

Revenue$1,205,086
Expenses$1,233,489
Net Income-$28,403

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 20, 2025
Return Version
2024v5.2
Gross Receipts
$1,205,086
Mission and Program Overview

Mission

Can art change the world inc is an organization that aims to use the power of art, culture and education to bring social awareness and social change around the world and in the specific communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,334,481$8,975,260▲ $640,779
Cash and Non-Interest-Bearing Accounts$1,155,313$886,119▼ $269,194
Prepaid Expenses and Deferred Charges$7,868$89,705▲ $81,837
Intangible Assets$92,914$62,889▼ $30,025
Accounts Receivable$30,001$31,364▲ $1,363
Total Assets$9,620,577$10,045,337▲ $424,760
Liabilities
Accounts Payable and Accrued Expenses$38,685$491,848▲ $453,163
Total Liabilities$38,685$491,848▲ $453,163
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,581,892$9,507,489▼ $74,403
Net Assets With Donor Restrictions-$46,000-
Total Net Assets Fund Balance$9,581,892$9,553,489▼ $28,403
Total Liabilities and Net Assets / Fund Balance$9,620,577$10,045,337▲ $424,760

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,006,487$421,394$8,427,881
Leasehold Improvements$963,453$5,622$969,075
Equipment$5,320$6,519$11,839
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anna VerghesePresident
Jane RosenthalDirector
Michael HaniaDirector
Sol GuyDirector
Marc AzoulayVP Secretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$712,441
Program Service Revenue
$460,347
Investment Income
$27,302
Other Revenue
$4,996
All Other Contributions
$712,441
Change in Net Assets
$-28,403

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,205,086
Total Revenue per Audited Statements
$1,205,086
Total Revenue per Form 990
$1,205,086
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$851,312
Grants and Similar Amounts Paid$358,410
Total Fundraising Expense$31,741
Salaries, Compensation, and Employee Benefits$23,767
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$358,410--$358,410
Depreciation Depletion$148,487$85,403$12,010$245,900
Occupancy$79,016$52,678-$131,694
Current Officers, Directors, Trustees, and Key Employees$7,130-$16,637$23,767
Insurance$7,379$9,018-$16,397
Fees for Services Other$4,000$12,113-$16,113
Fees for Services Accounting-$9,124-$9,124
Office Expenses$143$6,164-$6,307
Other Expenses$419,836$1,835$2,565$1,835
Total Functional Expenses$1,024,734$177,014$31,741$1,233,489

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,233,489
Total Expenses per Audited Statements$1,233,489
Total Expenses per Form 990$1,233,489
International Activity

International Summary

Spending
$358,410

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
South AmericaGrant Making---$272,329
Europe Including Iceland and GreenlandGrant Making---$86,081
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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 governing body review Part VI line 11

A copy of the 990 is shared with the president and treasurer prior for review and approval on behalf of the board. Once the officers are satisfied with the results, the forms are filed.

Governing documents etc available to public Part VI line 19

No governing documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Can Art Change the World Inc
EIN
82-4418709
In Care Of
% MARC AZOULAY
Phone
6462865251
Address
11 SPRING STREET, NEW YORK, NY 10012-4215

Signing Officer

Name
Marc Azoulay
Title
Treasurer
Phone
6462865251
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anna Verghese
Formed
2018
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Reimer & Freeman Cpas Pc
Address
145 MERRITTS RD SUITE 1, FARMINGDALE, NY 11735
Preparer
Mara L Reimer
Phone
5166946808
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

2024 was a year of profound growth, resilience, and impact for can art change the world?. Across continents, our programs reached more people than ever before - empowering voices, building community, and using art as a tool for education, transformation, and change. From the expansion of the inside out project, to the daily impact of casa amarela in the morro da providencia favela in rio de janeiro, to the official launch of our new global prison art program, we continued to prove that creativity has the power to unite, heal, and inspire. The inside out project continued to thrive in 2024, engaging 26,749 participants through 156 actions across 37 countries. Of these, 138 were group actions with 18,002 portraits, and 18 photobooth actions with 8,369 participants across 11 countries - including three new countries: portugal, saudi arabia, and south korea. Education remained central to the inside out project, with 90 education actions across 23 countries, totaling 10,895 participants, including the global visages de la francophonie action with 1,104 portraits across 13 countries. Inside out also facilitated 8 workshops, both virtual and in-person, in france and the united states. The projects emphasis on sustainability continued through local printing, with 76% of portraits printed outside new york, reducing both costs and carbon footprint. Casa amarela remained a cornerstone for the morro da providncia community in rio de janeiro, serving 162 participants weekly (ages 365), with an impact reaching 210 families annually. Programs spanned education, arts, wellness, digital inclusion, and cultural identity, with over 1,200 classes delivered in 2024. Highlights included the launch of the digital inclusion program (42 participants), the formation of the luna orquestra (25 young musicians with 7 performances outside the favela), and the coler dance collective (20 participants with 3 public performances). Casa also hosted 7 editions of open air cinema and celebrated its 5th annual festival, drawing more than 500 community members. Casa amarela also provided daily healthy meals, mental health support, and professional training for women, with 52 women graduating from courses in culinary arts, sewing, fashion, and entrepreneurship for the mip program. The new building construction advanced significantly in 2024: the foundation and the first floor were completed, with the second floor, rooftop, and garden in progress. The building is slated to open in late 2025. The 2025 operational budget for casa amarela was $250,300, alongside $206,000 allocated for construction the work that began at tehachapi maximum security prison has now evolved into the global prison art program, launched officially in 2024. The program builds on jrs work and documentary film tehachapi, which as released globally on masterclass and toured in france in summer 2024, sparking new collaborations. The new programs mission is to deliver consistent arts-based and educational programming inside prisons, guided by jrs methods of storytelling, belonging, and community. Programming includes ongoing arts-based workshops and curricula (with leadership from formerly incarcerated participants), virtual and tablet-based educational courses accessible to thousands of incarcerated people in the u.s and program evaluation and research to measure long-term impact. In 2024, highlights of the new program included the release and tour of the tehachapi film, which generated international interest, including from corrections departments in france and maine and the launch of a new program framework and language, rolled out on the cactw website and social media. As we reflect on 2024, we are reminded of the extraordinary power of art to transform lives and build bridges across borders, communities, and even prison walls. From tens of thousands of portraits pasted in public spaces, to children and women finding empowerment at casa amarela, to new programs sparking hope within the justice s

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IRS990/ProgSrvcAccomActy3Grp/Desc0CASA AMARELA - SEE SCHEDULE O.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME $4996 - UNCOLLECTIBLE PLEDGES
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014167412
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IRS990ScheduleD/EquipmentGrp/BookValueAmt05320
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EUROPE INCLUDING ICELAND AND GREENLAND
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANT MAKING
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IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0WIRE TRANSFERS
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IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0CASA AMARELA - MGMT FEES
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2WIRE TRANSFERS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SUPPORT FOR CULTURAL CENTER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1ACTIVITIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2OPERATIONAL FUNDING FOR COLLEGE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3GENERAL ACTIVITIES
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1EUROPE INCLUDING ICELAND AND GREENLAND
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2EUROPE INCLUDING ICELAND AND GREENLAND
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS SHARED WITH THE PRESIDENT AND TREASURER PRIOR FOR REVIEW AND APPROVAL ON BEHALF OF THE BOARD. ONCE THE OFFICERS ARE SATISFIED WITH THE RESULTS, THE FORMS ARE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22024 WAS A YEAR OF PROFOUND GROWTH, RESILIENCE, AND IMPACT FOR CAN ART CHANGE THE WORLD?. ACROSS CONTINENTS, OUR PROGRAMS REACHED MORE PEOPLE THAN EVER BEFORE - EMPOWERING VOICES, BUILDING COMMUNITY, AND USING ART AS A TOOL FOR EDUCATION, TRANSFORMATION, AND CHANGE. FROM THE EXPANSION OF THE INSIDE OUT PROJECT, TO THE DAILY IMPACT OF CASA AMARELA IN THE MORRO DA PROVIDENCIA FAVELA IN RIO DE JANEIRO, TO THE OFFICIAL LAUNCH OF OUR NEW GLOBAL PRISON ART PROGRAM, WE CONTINUED TO PROVE THAT CREATIVITY HAS THE POWER TO UNITE, HEAL, AND INSPIRE. THE INSIDE OUT PROJECT CONTINUED TO THRIVE IN 2024, ENGAGING 26,749 PARTICIPANTS THROUGH 156 ACTIONS ACROSS 37 COUNTRIES. OF THESE, 138 WERE GROUP ACTIONS WITH 18,002 PORTRAITS, AND 18 PHOTOBOOTH ACTIONS WITH 8,369 PARTICIPANTS ACROSS 11 COUNTRIES - INCLUDING THREE NEW COUNTRIES: PORTUGAL, SAUDI ARABIA, AND SOUTH KOREA. EDUCATION REMAINED CENTRAL TO THE INSIDE OUT PROJECT, WITH 90 EDUCATION ACTIONS ACROSS 23 COUNTRIES, TOTALING 10,895 PARTICIPANTS, INCLUDING THE GLOBAL VISAGES DE LA FRANCOPHONIE ACTION WITH 1,104 PORTRAITS ACROSS 13 COUNTRIES. INSIDE OUT ALSO FACILITATED 8 WORKSHOPS, BOTH VIRTUAL AND IN-PERSON, IN FRANCE AND THE UNITED STATES. THE PROJECTS EMPHASIS ON SUSTAINABILITY CONTINUED THROUGH LOCAL PRINTING, WITH 76% OF PORTRAITS PRINTED OUTSIDE NEW YORK, REDUCING BOTH COSTS AND CARBON FOOTPRINT. CASA AMARELA REMAINED A CORNERSTONE FOR THE MORRO DA PROVIDNCIA COMMUNITY IN RIO DE JANEIRO, SERVING 162 PARTICIPANTS WEEKLY (AGES 365), WITH AN IMPACT REACHING 210 FAMILIES ANNUALLY. PROGRAMS SPANNED EDUCATION, ARTS, WELLNESS, DIGITAL INCLUSION, AND CULTURAL IDENTITY, WITH OVER 1,200 CLASSES DELIVERED IN 2024. HIGHLIGHTS INCLUDED THE LAUNCH OF THE DIGITAL INCLUSION PROGRAM (42 PARTICIPANTS), THE FORMATION OF THE LUNA ORQUESTRA (25 YOUNG MUSICIANS WITH 7 PERFORMANCES OUTSIDE THE FAVELA), AND THE COLER DANCE COLLECTIVE (20 PARTICIPANTS WITH 3 PUBLIC PERFORMANCES). CASA ALSO HOSTED 7 EDITIONS OF OPEN AIR CINEMA AND CELEBRATED ITS 5TH ANNUAL FESTIVAL, DRAWING MORE THAN 500 COMMUNITY MEMBERS. CASA AMARELA ALSO PROVIDED DAILY HEALTHY MEALS, MENTAL HEALTH SUPPORT, AND PROFESSIONAL TRAINING FOR WOMEN, WITH 52 WOMEN GRADUATING FROM COURSES IN CULINARY ARTS, SEWING, FASHION, AND ENTREPRENEURSHIP FOR THE MIP PROGRAM. THE NEW BUILDING CONSTRUCTION ADVANCED SIGNIFICANTLY IN 2024: THE FOUNDATION AND THE FIRST FLOOR WERE COMPLETED, WITH THE SECOND FLOOR, ROOFTOP, AND GARDEN IN PROGRESS. THE BUILDING IS SLATED TO OPEN IN LATE 2025. THE 2025 OPERATIONAL BUDGET FOR CASA AMARELA WAS $250,300, ALONGSIDE $206,000 ALLOCATED FOR CONSTRUCTION THE WORK THAT BEGAN AT TEHACHAPI MAXIMUM SECURITY PRISON HAS NOW EVOLVED INTO THE GLOBAL PRISON ART PROGRAM, LAUNCHED OFFICIALLY IN 2024. THE PROGRAM BUILDS ON JRS WORK AND DOCUMENTARY FILM TEHACHAPI, WHICH AS RELEASED GLOBALLY ON MASTERCLASS AND TOURED IN FRANCE IN SUMMER 2024, SPARKING NEW COLLABORATIONS. THE NEW PROGRAMS MISSION IS TO DELIVER CONSISTENT ARTS-BASED AND EDUCATIONAL PROGRAMMING INSIDE PRISONS, GUIDED BY JRS METHODS OF STORYTELLING, BELONGING, AND COMMUNITY. PROGRAMMING INCLUDES ONGOING ARTS-BASED WORKSHOPS AND CURRICULA (WITH LEADERSHIP FROM FORMERLY INCARCERATED PARTICIPANTS), VIRTUAL AND TABLET-BASED EDUCATIONAL COURSES ACCESSIBLE TO THOUSANDS OF INCARCERATED PEOPLE IN THE U.S AND PROGRAM EVALUATION AND RESEARCH TO MEASURE LONG-TERM IMPACT. IN 2024, HIGHLIGHTS OF THE NEW PROGRAM INCLUDED THE RELEASE AND TOUR OF THE TEHACHAPI FILM, WHICH GENERATED INTERNATIONAL INTEREST, INCLUDING FROM CORRECTIONS DEPARTMENTS IN FRANCE AND MAINE AND THE LAUNCH OF A NEW PROGRAM FRAMEWORK AND LANGUAGE, ROLLED OUT ON THE CACTW WEBSITE AND SOCIAL MEDIA. AS WE REFLECT ON 2024, WE ARE REMINDED OF THE EXTRAORDINARY POWER OF ART TO TRANSFORM LIVES AND BUILD BRIDGES ACROSS BORDERS, COMMUNITIES, AND EVEN PRISON WALLS. FROM TENS OF THOUSANDS OF PORTRAITS PASTED IN PUBLIC SPACES, TO CHILDREN AND WOMEN FINDING EMPOWERMENT AT CASA AMARELA, TO NEW PROGRAMS SPARKING HOPE WITHIN THE JUSTICE S
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part III response or note to any other line in Part III
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IRS990/TotalLiabilitiesEOYAmt0491848
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