Civic Intelligence

Arteeast Inc.

990 • Fiscal year 2019 • EIN 91-2187887

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 02, 2020

320 7th AvenueBrooklyn, NY 11215

(646) 375-5222

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.13x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.05x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Source year 2019

Net Margin

44th percentile

2.0%

Higher net margin than 44% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Source year 2019

Top Officer Pay

98th percentile

$65,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 41.7% of source-year revenue.

2019 filings • NTEE A23 • <$500k nonprofits • Source year 2019

Asset Growth

49th percentile

3.0%

Faster asset growth than 49% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

24th percentile

-26%

Faster revenue growth than 24% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$66,045

Up $1,929 (+3.0%) from 2018

Net Assets

Up

$57,485

Up $3,078 (+5.7%) from 2018

Liabilities

Down

$8,560

Down $1,149 (-12%) from 2018

Revenue

Down

$155,830

Down $55,203 (-26%) from 2018

Expenses

Down

$152,753

Down $6,347 (-4.0%) from 2018

Net Income

Down

$3,077

Down $48,856 (-94%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $195,261Liabilities 2010: $37,493Net Assets 2010: $157,7682010Assets 2011: $379,391Liabilities 2011: $96,818Net Assets 2011: $282,5732011Assets 2012: $275,658Liabilities 2012: $11,882Net Assets 2012: $263,7762012Assets 2013: $203,406Liabilities 2013: $51,123Net Assets 2013: $152,2832013Assets 2014: $292,499Liabilities 2014: $9,762Net Assets 2014: $282,7372014Assets 2015: $34,194Liabilities 2015: $727Net Assets 2015: $33,4672015Assets 2016: $48,100Liabilities 2016: $43,196Net Assets 2016: $4,9042016Assets 2017: $6,070Liabilities 2017: $3,596Net Assets 2017: $2,4742017Assets 2018: $64,116Liabilities 2018: $9,709Net Assets 2018: $54,4072018Assets 2019: $66,045Liabilities 2019: $8,560Net Assets 2019: $57,4852019Assets 2020: $157,554Liabilities 2020: $7,123Net Assets 2020: $150,4312020Assets 2021: $27,745Liabilities 2021: $6,750Net Assets 2021: $20,9952021Assets 2022: $82,896Liabilities 2022: $6,750Net Assets 2022: $76,1462022Assets 2023: $79,536Liabilities 2023: $6,750Net Assets 2023: $72,7862023Assets 2024: $139,615Liabilities 2024: $6,750Net Assets 2024: $132,8652024

Highlighted filing

2019

Assets$66,045
Liabilities$8,560
Net Assets$57,485

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $324,1402010Revenue 2011: $692,250Expenses 2011: $567,445Net Income 2011: $124,8052011Expenses 2012: $492,1002012Revenue 2013: $390,239Expenses 2013: $501,731Net Income 2013: -$111,4922013Revenue 2014: $527,813Expenses 2014: $397,359Net Income 2014: $130,4542014Revenue 2015: $51,980Expenses 2015: $296,044Net Income 2015: -$244,0642015Revenue 2016: $326,144Expenses 2016: $355,573Net Income 2016: -$29,4292016Revenue 2017: $123,579Expenses 2017: $126,009Net Income 2017: -$2,4302017Revenue 2018: $211,033Expenses 2018: $159,100Net Income 2018: $51,9332018Revenue 2019: $155,830Expenses 2019: $152,753Net Income 2019: $3,0772019Revenue 2020: $556,303Expenses 2020: $463,357Net Income 2020: $92,9462020Revenue 2021: $382,339Expenses 2021: $511,775Net Income 2021: -$129,4362021Revenue 2022: $275,650Expenses 2022: $220,499Net Income 2022: $55,1512022Revenue 2023: $247,253Expenses 2023: $250,613Net Income 2023: -$3,3602023Revenue 2024: $347,495Expenses 2024: $287,416Net Income 2024: $60,0792024

Highlighted filing

2019

Revenue$155,830
Expenses$152,753
Net Income$3,077
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 2, 2020
Return Version
2019v5.1
Gross Receipts
$158,289
Mission and Program Overview

Mission

ArteEast, Inc (ArteEast) is a New York based not-for-profit organization that supports artists from the Middle East and its diasporas, raising awareness of their exciting work through a variety of events and a website.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$58,574$38,913▼ $19,661
Pledges and Grants Receivable$5,042$26,632▲ $21,590
Inventories for Sale or Use$500$500→ $0
Total Assets$64,116$66,045▲ $1,929
Liabilities
Accounts Payable and Accrued Expenses$9,709$8,560▼ $1,149
Total Liabilities$9,709$8,560▼ $1,149
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$54,407$29,313▼ $25,094
Net Assets With Donor Restrictions-$28,172-
Total Net Assets Fund Balance$54,407$57,485▲ $3,078
Total Liabilities and Net Assets / Fund Balance$64,116$66,045▲ $1,929

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$12,827$12,827
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Beth StrykerExecutive DirectorFT$65,000$65,000

Board Members and Trustees

NameTitle
Ellen Brooks ShehataPresident
Angela EdensBoard member
Diana AboualiBoard member
Lena DiabBoard member
Naila FaroukyBoard member
Nathaniel BowditchBoard member
Omar BerradaBoard member
Tarek KhanachetBoard member
Hazem GamalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$105,858
Program Service Revenue
$13,350
Investment Income
$21
Other Revenue
$36,601
All Other Contributions
$105,858
Change in Net Assets
$3,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$79,331
Salaries, Compensation, and Employee Benefits$73,422
Total Fundraising Expense$8,768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$52,325$8,125$4,550$65,000
Conferences and Meetings$19,987$3,104$1,738$24,829
Fees for Services Other$15,198$2,360$1,322$18,880
Fees for Services Accounting-$13,160-$13,160
Other Expenses$9,273$625$421$9,273
Payroll Taxes$4,752$641$359$5,752
Other Employee Benefits$2,149$334$187$2,670
Travel$2,498--$2,498
All Other Expenses$1,997$298$167$2,462
Insurance-$1,253-$1,253
Total Functional Expenses$113,293$30,692$8,768$152,753
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,060
Fundraising Direct Expenses$2,459
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$39,060$39,060$2,459$36,601
Total Events$39,060$39,060$2,459$36,601
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
Yes
Annual disclosure for covered persons
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
Yes
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

The 990 form and the related schedules are provided to and reviewed by select members of the board as well as management prior to submittal to the respective tax agencies.

Conflict of interest policy compliance Part VI line 12C

All board members as well as key employees and management are required to annually read and confirm in writing they have no conflicts of interest or otherwise disclose them and to immediately disclose any relationship that may potentially give rise to a conflict of interest. The finance committee is responsible for reviewing any issues that arise.

CEO executive director top management comp Part VI line 15A

All compensation for personnel is approved through the budget process by the board of directors which is evaluated and reviewed annually.

Other officer or key employee compensation Part VI line 15B

All compensation for personnel is approved through the budget process by the board of directors which is evaluated and reviewed annually.

Governing documents etc available to public Part VI line 19

The organization makes available its governing documents, conflict of interest policy and other policies and procedures upon request. The financial statements are also made available upon request. The 990 filing and the related schedules are made available upon request and can also be found on Guidestar.com, which is an independent entity that makes available via their website certain nonprofit information including but not limited to the Form 990.

Filing and Contact Details

Filer

Filer Name
Arteeast Inc
EIN
91-2187887
Address
320 7th Avenue, Brooklyn, NY 11215

Signing Officer

Name
Hazem Gamal
Title
Treasurer
Phone
9082324618
Signed
2020-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hazem Gamal
Formed
2003
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
9

Preparer

Firm
Ketcham & Associates LLC
Address
202 Mountain Avenue, Westfield, NJ 07090
Preparer
Steven Ketcham CPA
Phone
9082324618
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Rounding difference.

List of other fees for services expenses Part IX line 11G

Artist and performance fees $5,940, Event Production $8,274, Graphic design $375, Honorarium $291, Consulting $4,000.

General explanation attachment

Form 990, Part III, Line 4b) Audio tour contributions by: William Andersen (United States/Kuwait), Mohamed Ben Soltane (Tunisia), Aissa Deebi(Palestine/Switzerland), Ahmad Hammoud (Egypt), Shuruq Harb (Palestine), Alexandra Stock (Egypt), and Negar Tahsili (Iran).New Program Partners in 2019: Lower Manhattan Cultural Council (LMCC)ArteEast partnered with LMCC on an October 2019 tour of their exhibition on Governors Island: The Power of Two Suns, led by artist Yto Barrada and curator Omar Berrada.Yto Barrada was born in Paris in 1971. Her work, which began by exploring the peculiar situation of her hometown Tangier, Morocco, combines the strategies of documentary film with a metaphorical approach to imagery in her photographs, installations, and sculptures. Engaging with the performativity of archival practices and public interventions, Barradas installations reinterpret social relationships, uncover subaltern histories, and reveal the prevalence of fiction in institutionalized narratives. Her work is held in the collections of Centre Pompidou, Paris; The Metropolitan Museum of Art, New York; The Museum of Modern Art, New York; and Tate Modern, London. She was the 2011 Deutsche Bank Artist of the Year, the 2013 Robert Gardner Fellow in Photography (Peabody Museum at Harvard University), the 2015 Abraaj Group Art Prize winner, and the 2019 Roy R. Neuberger Prize winner. She is the founding director of the Tangier Cinematheque. New Program Partners in 2019: The MacDowell Colony and Pen America Artists at Risk Coalition In October 2019, ArteEast partnered with PEN Americas Artists at Risk Connection, and the MacDowell Colony to present Art, Activism and Migration: An Evening with Khaled Barakehin conversation with artist Dahlia Elsayed.Khaled Barakeh is a conceptual artist and cultural activist. He graduated from the Faculty of Fine Arts in Damascus, Syria in 2005, received his MFA at Funen Art Academy in Odense, Denmark in 2010 and in 2013, he completed a Meisterschuler studies at the Stdelschule Art Academy in Frankfurt a.M., Germany. The geographical shift in Khaled Barakehs life moving from Syria to Europe resulted in major changes in his approach towards his work; originally trained as a painter, he then developed a stronger focus on contemporary art practices, working with a variety of media and topics. Barakeh is considered part of a global artivism movement; he approaches creative practices as a tool of social changes and cultural preservation. As a continuation of these activities outside of his artistic practice, he has recently founded a non-profit organisation, coculture e.V., through which he manages several initiatives, such as SYRIA Cultural Index and the Syrian Biennale, focused on connecting and empowering displaced cultural producers in the Middle East, Europe and beyond. Dahlia Elsayed makes fictional landscapes in pictorial spaces that are simultaneously flat and real, creating myth pictures for placelessness. Her work has been exhibited widely including the 12th Cairo Biennale, Robert Miller Gallery, BravinLee Programs, The New Jersey State Museum and Aljira Center for Contemporary Art, and is in the public collections of the Newark Museum, the Zimmerli Museum, Johnson & Johnson Corporation, the US Department of State, amongst others. Dahlia has received awards from the Joan Mitchell Foundation, the MacDowell Colony, Womens Studio Workshop, Headlands Center for the Arts, and the NJ State Council on the Arts. New Program Partners in 2019: The Center for Human Rights in Iran and Grey Art Gallery In November 2019, ArteEast presented A Bridge Between You and Everything, a panel discussion moderated by acclaimed Iranian artist Shirin Neshat, in collaboration with the Center for Human Rights in Iran at NYUs Grey Art Gallery. In addition, ArteEast presented a tour of the exhibition A Bridge Between You and Everything: An Exhibition of Iranian Women Artists at the High Line Nine Gallery, led by participating artists:

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 form and the related schedules are provided to and reviewed by select members of the board as well as management prior to submittal to the respective tax agencies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All board members as well as key employees and management are required to annually read and confirm in writing they have no conflicts of interest or otherwise disclose them and to immediately disclose any relationship that may potentially give rise to a conflict of interest. The finance committee is responsible for reviewing any issues that arise.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All compensation for personnel is approved through the budget process by the board of directors which is evaluated and reviewed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All compensation for personnel is approved through the budget process by the board of directors which is evaluated and reviewed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes available its governing documents, conflict of interest policy and other policies and procedures upon request. The financial statements are also made available upon request. The 990 filing and the related schedules are made available upon request and can also be found on Guidestar.com, which is an independent entity that makes available via their website certain nonprofit information including but not limited to the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Rounding difference.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Artist and performance fees $5,940, Event Production $8,274, Graphic design $375, Honorarium $291, Consulting $4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Form 990, Part III, Line 4b) Audio tour contributions by: William Andersen (United States/Kuwait), Mohamed Ben Soltane (Tunisia), Aissa Deebi(Palestine/Switzerland), Ahmad Hammoud (Egypt), Shuruq Harb (Palestine), Alexandra Stock (Egypt), and Negar Tahsili (Iran).New Program Partners in 2019: Lower Manhattan Cultural Council (LMCC)ArteEast partnered with LMCC on an October 2019 tour of their exhibition on Governors Island: The Power of Two Suns, led by artist Yto Barrada and curator Omar Berrada.Yto Barrada was born in Paris in 1971. Her work, which began by exploring the peculiar situation of her hometown Tangier, Morocco, combines the strategies of documentary film with a metaphorical approach to imagery in her photographs, installations, and sculptures. Engaging with the performativity of archival practices and public interventions, Barradas installations reinterpret social relationships, uncover subaltern histories, and reveal the prevalence of fiction in institutionalized narratives. Her work is held in the collections of Centre Pompidou, Paris; The Metropolitan Museum of Art, New York; The Museum of Modern Art, New York; and Tate Modern, London. She was the 2011 Deutsche Bank Artist of the Year, the 2013 Robert Gardner Fellow in Photography (Peabody Museum at Harvard University), the 2015 Abraaj Group Art Prize winner, and the 2019 Roy R. Neuberger Prize winner. She is the founding director of the Tangier Cinematheque. New Program Partners in 2019: The MacDowell Colony and Pen America Artists at Risk Coalition In October 2019, ArteEast partnered with PEN Americas Artists at Risk Connection, and the MacDowell Colony to present Art, Activism and Migration: An Evening with Khaled Barakehin conversation with artist Dahlia Elsayed.Khaled Barakeh is a conceptual artist and cultural activist. He graduated from the Faculty of Fine Arts in Damascus, Syria in 2005, received his MFA at Funen Art Academy in Odense, Denmark in 2010 and in 2013, he completed a Meisterschuler studies at the Stdelschule Art Academy in Frankfurt a.M., Germany. The geographical shift in Khaled Barakehs life moving from Syria to Europe resulted in major changes in his approach towards his work; originally trained as a painter, he then developed a stronger focus on contemporary art practices, working with a variety of media and topics. Barakeh is considered part of a global artivism movement; he approaches creative practices as a tool of social changes and cultural preservation. As a continuation of these activities outside of his artistic practice, he has recently founded a non-profit organisation, coculture e.V., through which he manages several initiatives, such as SYRIA Cultural Index and the Syrian Biennale, focused on connecting and empowering displaced cultural producers in the Middle East, Europe and beyond. Dahlia Elsayed makes fictional landscapes in pictorial spaces that are simultaneously flat and real, creating myth pictures for placelessness. Her work has been exhibited widely including the 12th Cairo Biennale, Robert Miller Gallery, BravinLee Programs, The New Jersey State Museum and Aljira Center for Contemporary Art, and is in the public collections of the Newark Museum, the Zimmerli Museum, Johnson & Johnson Corporation, the US Department of State, amongst others. Dahlia has received awards from the Joan Mitchell Foundation, the MacDowell Colony, Womens Studio Workshop, Headlands Center for the Arts, and the NJ State Council on the Arts. New Program Partners in 2019: The Center for Human Rights in Iran and Grey Art Gallery In November 2019, ArteEast presented A Bridge Between You and Everything, a panel discussion moderated by acclaimed Iranian artist Shirin Neshat, in collaboration with the Center for Human Rights in Iran at NYUs Grey Art Gallery. In addition, ArteEast presented a tour of the exhibition A Bridge Between You and Everything: An Exhibition of Iranian Women Artists at the High Line Nine Gallery, led by participating artists:
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7General explanation attachment
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.07$1.33$3.47$2.87$0.60
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.07$0.73$2.47$2.51$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.07$0.76$2.76$2.20$0.55
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.07$0.21$3.82$5.12$1.29
2020Detailed filing. Detailed filing data is available for this year.$1.58$0.07$1.50$5.56$4.63$0.93
2019Detailed filing. Detailed filing data is available for this year.$0.66$0.09$0.57$1.56$1.53$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.10$0.54$2.11$1.59$0.52
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.04$0.02$1.24$1.26$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.48$0.43$0.05$3.26$3.56$0.29
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.01$0.33$0.52$2.96$2.44
2014Detailed filing. Detailed filing data is available for this year.$2.92$0.10$2.83$5.28$3.97$1.30
2013Detailed filing. Detailed filing data is available for this year.$2.03$0.51$1.52$3.90$5.02$1.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.12$2.64$4.92
2011Summary only. Only limited summary data is available for this year.$3.79$0.97$2.83$6.92$5.67$1.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.37$1.58$3.24