Liabilities / Assets
12th percentile
Higher debt load relative to assets than 12% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
12th percentile
Higher debt load relative to assets than 12% of similar nonprofits.
Liabilities / Revenue
7th percentile
Higher debt load relative to revenue than 7% of similar nonprofits.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 1.0% of source-year revenue.
Asset Growth
100th percentile
Faster asset growth than 100% of similar nonprofits.
Revenue Growth
100th percentile
Faster revenue growth than 100% of similar nonprofits.
Assets
Up$7,017,438
Up $7,009,001 (+83075%) from 2019
Net Assets
Up$6,964,433
Up $6,957,014 (+93773%) from 2019
Liabilities
Up$53,005
Up $51,987 (+5107%) from 2019
Revenue
Up$10,163,543
Up $10,082,331 (+12415%) from 2019
Expenses
Up$3,206,529
Up $3,132,736 (+4245%) from 2019
Net Income
Up$6,957,014
Up $6,949,595 (+93673%) from 2019
Arts business collaborative, inc is a technical assistance and research organization with a mission to improve quality of life for people of color through the arts and "stem" science, technology, engineering, and mathematics. These services focus on the underlying factors that impede their creative and professional endeavors: access to capital, networks, and training. Abc aims to systemically improve the quality of life in communities of color through two main services: the grassroots action project and the rising tides research institute. The organization supported primarily through contributions from the public and private grants.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $5,937 | $6,961,268 | ▲ $6,955,331 |
| Accounts Receivable | $2,500 | $30,350 | ▲ $27,850 |
| Total Assets | $8,437 | $7,017,438 | ▲ $7,009,001 |
| Other Assets Total | $0 | $25,820 | ▲ $25,820 |
| Liabilities | |||
| Deferred Revenue | - | $27,900 | - |
| Accounts Payable and Accrued Expenses | $1,018 | $15,205 | ▲ $14,187 |
| Unsecured Notes Loans Payable | - | $9,900 | - |
| Total Liabilities | $1,018 | $53,005 | ▲ $51,987 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $7,419 | $6,815,351 | ▲ $6,807,932 |
| Net Assets With Donor Restrictions | - | $149,082 | - |
| Total Net Assets Fund Balance | $7,419 | $6,964,433 | ▲ $6,957,014 |
| Total Liabilities and Net Assets / Fund Balance | $8,437 | $7,017,438 | ▲ $7,009,001 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Kat Bloomfield | CEO | FT | $97,441 | $97,441 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,870,511 |
| Grants and Similar Amounts Paid | $1,044,185 |
| Total Fundraising Expense | $546,610 |
| Salaries, Compensation, and Employee Benefits | $291,833 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $1,044,185 | - | - | $1,044,185 |
| Fees for Services Other | $133,098 | - | $520,110 | $653,208 |
| Current Officers, Directors, Trustees, and Key Employees | $272,603 | - | - | $272,603 |
| Fees for Services Accounting | - | $63,149 | - | $63,149 |
| Occupancy | $48,075 | - | - | $48,075 |
| All Other Expenses | $37,713 | - | - | $37,713 |
| Fees for Services Legal | - | $36,200 | - | $36,200 |
| Other Expenses | $24,531 | $135,396 | $26,500 | $24,531 |
| Office Expenses | $16,063 | $3,307 | - | $19,370 |
| Payroll Taxes | $19,230 | - | - | $19,230 |
| Travel | $10,583 | - | - | $10,583 |
| Advertising | $6,679 | - | - | $6,679 |
| Insurance | $5,094 | - | - | $5,094 |
| Information Technology | $3,244 | - | - | $3,244 |
| Total Functional Expenses | $2,421,867 | $238,052 | $546,610 | $3,206,529 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,206,529 |
| Total Expenses per Audited Statements | $3,206,529 |
| Total Expenses per Form 990 | $3,206,529 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Board Member | Consulting Compensation | No | $23,400 |
“The organization receives donations primarily to fund one or more social projects that provide small to mid-sized organizations across the nation with program development, program evaluation, board development for racial equity, fundraising, and community organizing. These projects contribute to progressive and radical public policies that address the enduring systems of inequalities that have impacted minority communities, with a focus on key stakeholders in the cultural arts including artists, business owners, and not for profit organizations.”
“The form 990 is prepared by an independent certified public accounting firm, engaged by the governing body, in which a draft copy of the form 990 is routed to the governing body for review and comment prior to filing with the internal revenue service.”
“Compensation for the ceo of the organization is reviewed and approved by the governing body with authority to act on behalf of the organization.”
“The form 990 is available upon request for a period of three years from the due date of the return.”
“The organization provides governing documents, policies and financial statements to the public upon request.”
“Scholarship fees: program service expenses 0. Management and general expenses 0. Fundraising expenses 63,000. Total expenses 63,000. Sponsorship fees: program service expenses 0. Management and general expenses 0. Fundraising expenses 457,110. Total expenses 457,110. Stripe fees: program service expenses 133,098. Management and general expenses 0. Fundraising expenses 0. Total expenses 133,098.”
“The organization has an executive board that assumes responsibility for the oversight of the audit and the selection of independent accountants. The process has not changed from previous years.”
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 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1018 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 15205 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 2500 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 30350 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | ARTS BUSINESS COLLABORATIVE, INC IS A TECHNICAL ASSISTANCE AND RESEARCH ORGANIZATION WITH A MISSION TO IMPROVE QUALITY OF LIFE FOR PEOPLE OF COLOR THROUGH THE ARTS AND "STEM" SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. THESE SERVICES FOCUS ON THE UNDERLYING FACTORS THAT IMPEDE THEIR CREATIVE AND PROFESSIONAL ENDEAVORS: ACCESS TO CAPITAL, NETWORKS, AND TRAINING. ABC AIMS TO SYSTEMICALLY IMPROVE THE QUALITY OF LIFE IN COMMUNITIES OF COLOR THROUGH TWO MAIN SERVICES: THE GRASSROOTS ACTION PROJECT AND THE RISING TIDES RESEARCH INSTITUTE. THE ORGANIZATION SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM THE PUBLIC AND PRIVATE GRANTS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 6679 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 6679 |
| IRS990/AllOtherContributionsAmt | 0 | 9584460 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 37713 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 37713 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9172730209 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 31-00 47TH AVENUE SUITE 3100 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LONG ISLAND CITY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11101 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 1 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 5937 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 6961268 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 272603 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 272603 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 9584460 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 1044185 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 1870511 |
| IRS990/CYOtherRevenueAmt | 0 | 151 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 578932 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 6957014 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 291833 |
| IRS990/CYTotalExpensesAmt | 0 | 3206529 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 546610 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 10163543 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 27900 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | ARTS BUSINESS COLLABORATIVE, INC IS A TECHNICAL ASSISTANCE AND RESEARCH ORGANIZATION WITH A MISSION TO IMPROVE QUALITY OF LIFE FOR PEOPLE OF COLOR THROUGH THE ARTS AND "STEM" SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. THESE SERVICES FOCUS ON THE UNDERLYING FACTORS THAT IMPEDE THEIR CREATIVE AND PROFESSIONAL ENDEAVORS: ACCESS TO CAPITAL, NETWORKS, AND TRAINING. ABC AIMS TO SYSTEMICALLY IMPROVE THE QUALITY OF LIFE IN COMMUNITIES OF COLOR THROUGH TWO MAIN SERVICES: THE GRASSROOTS ACTION PROJECT AND THE RISING TIDES RESEARCH INSTITUTE. THE ORGANIZATION SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM THE PUBLIC AND PRIVATE GRANTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 149082 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 6 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 2421867 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 63149 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 63149 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 36200 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 36200 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 520110 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 133098 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 653208 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 35.00 |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KAT BLOOMFIELD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 97441 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2018 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantAmt | 0 | 1044185 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 1044185 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 1044185 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 10163543 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 3244 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 3244 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 5094 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5094 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 136 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | ARTS BUSINESS COLLABORATIVE, INC IS A TECHNICAL ASSISTANCE AND RESEARCH ORGANIZATION WITH A MISSION TO IMPROVE QUALITY OF LIFE FOR PEOPLE OF COLOR THROUGH THE ARTS AND "STEM" SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. THESE SERVICES FOCUS ON THE UNDERLYING FACTORS THAT IMPEDE THEIR CREATIVE AND PROFESSIONAL ENDEAVORS: ACCESS TO CAPITAL, NETWORKS, AND TRAINING. ABC AIMS TO SYSTEMICALLY IMPROVE THE QUALITY OF LIFE IN COMMUNITIES OF COLOR THROUGH TWO MAIN SERVICES: THE GRASSROOTS ACTION PROJECT AND THE RISING TIDES RESEARCH INSTITUTE. THE ORGANIZATION SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM THE PUBLIC AND PRIVATE GRANTS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 7419 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6964433 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 7419 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 6815351 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 48075 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 48075 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3307 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 16063 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 19370 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 25820 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | CARD EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | CONTRACTORS |
| IRS990/OtherExpensesGrp/Desc | 2 | FUNDRAISING EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | PROGRAM EXPENSE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 26500 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 135396 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 486640 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 314129 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 24531 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 486640 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 449525 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 26500 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 24531 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 151 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 151 |
| IRS990/OtherRevenueTotalAmt | 0 | 151 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 19230 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 19230 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | KATLYN BLOOMFIELD |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SPONSORSHIP FEE REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CONSULTING SERVICE REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 457758 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 121174 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 457758 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 121174 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 41404 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 13310 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 39808 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 7419 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 41420 |
| IRS990/PYTotalExpensesAmt | 0 | 73793 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 19063 |
| IRS990/PYTotalRevenueAmt | 0 | 81212 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 6957014 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 578932 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 9584460 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 41404 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 9625864 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 579083 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 39808 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 618891 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 10244755 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 10163543 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 81212 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 10244755 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 10163543 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 81212 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 10244755 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 3206529 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 10163543 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3206529 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 10163543 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 10163543 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 3206529 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 97441 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | KAT BLOOMFIELD |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 97441 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | TATUM TURNER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | BOARD MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 23400 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | CONSULTING COMPENSATION |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | A BOARD MEMBER, AND CONSULTANT OF THE PLAN AND RECEIVED COMPENSATION OF $23,400 DURING THE YEAR. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART IV, LINE 1 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION RECEIVES DONATIONS PRIMARILY TO FUND ONE OR MORE SOCIAL PROJECTS THAT PROVIDE SMALL TO MID-SIZED ORGANIZATIONS ACROSS THE NATION WITH PROGRAM DEVELOPMENT, PROGRAM EVALUATION, BOARD DEVELOPMENT FOR RACIAL EQUITY, FUNDRAISING, AND COMMUNITY ORGANIZING. THESE PROJECTS CONTRIBUTE TO PROGRESSIVE AND RADICAL PUBLIC POLICIES THAT ADDRESS THE ENDURING SYSTEMS OF INEQUALITIES THAT HAVE IMPACTED MINORITY COMMUNITIES, WITH A FOCUS ON KEY STAKEHOLDERS IN THE CULTURAL ARTS INCLUDING ARTISTS, BUSINESS OWNERS, AND NOT FOR PROFIT ORGANIZATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM, ENGAGED BY THE GOVERNING BODY, IN WHICH A DRAFT COPY OF THE FORM 990 IS ROUTED TO THE GOVERNING BODY FOR REVIEW AND COMMENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMPENSATION FOR THE CEO OF THE ORGANIZATION IS REVIEWED AND APPROVED BY THE GOVERNING BODY WITH AUTHORITY TO ACT ON BEHALF OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FORM 990 IS AVAILABLE UPON REQUEST FOR A PERIOD OF THREE YEARS FROM THE DUE DATE OF THE RETURN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION PROVIDES GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SCHOLARSHIP FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 63,000. TOTAL EXPENSES 63,000. SPONSORSHIP FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 457,110. TOTAL EXPENSES 457,110. STRIPE FEES: PROGRAM SERVICE EXPENSES 133,098. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 133,098. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION HAS AN EXECUTIVE BOARD THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT ACCOUNTANTS. THE PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XII, LINE 2C |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 8437 |
| IRS990/TotalAssetsEOYAmt | 0 | 7017438 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 8437 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 7017438 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalContributionsAmt | 0 | 9584460 |
| IRS990/TotalEmployeeCnt | 0 | 6 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 546610 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 238052 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2421867 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3206529 |
| IRS990/TotalGrossUBIAmt | 0 | 151 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1018 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 53005 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1018 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 53005 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 7419 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 6964433 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2421867 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 578932 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 97441 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 578932 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 10163543 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 151 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 8437 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 7017438 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 10583 |
| IRS990/TravelGrp/TotalAmt | 0 | 10583 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 9900 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 296 |
| IRS990/USAddress/CityNm | 0 | ELMHURST |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/USAddress/ZIPCd | 0 | 11380 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KATLYN BLOOMFIELD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7813756968 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-12-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ARTS BUSINESS COLLABORATIVE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ARTS |
| ReturnHeader/Filer/EIN | 0 | 832173068 |
| ReturnHeader/Filer/PhoneNum | 0 | 9172730209 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 31-00 47TH AVENUE SUITE 3100 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LONG ISLAND CITY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11101 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 222951202 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MSPC CPAS & ADVISORS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 340 NORTH AVENUE EAST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CRANFORD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 070162496 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9082727000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-12-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JON S GAGLIARDI |
| ReturnHeader/ReturnTs | 0 | 2021-12-03T14:44:04-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KATLYN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BLOOMFIELD |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.