Artists Image Resource Inc

Nonprofit profile at a glance

EIN
251803816
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Pittsburgh, PA, USA
Phone
4123218664
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Official website

Reported finances

Revenue
$218,967
Expenses
$298,564
Assets
$240,365
Liabilities
$22,019

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Highest reported compensation

  • ROBERT S BECKMAN (BOARD MEMBER & EXECUTIVE D): $52,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To integrate the creation of fine art prints with educational programs that explore the role of the artist in contemporary culture. Air's primary activities are to initiate and facilitate projects with professional artists and to create active laboratory environments where artists, students and the public interact. Air's fundamental interest is in how print and imaging processes are being used in broader contemporary art making practice and how these practices impact and reflect culture.

What it reported doing in 2024

Production and exhibition:1. Resident and independent artist projectsair is an educational printmaking facility that integrates the creation of fine art print work with innovative educational programs that explore the creative process. Air initiates new print work with professional artists in order to create an active, dynamic working space where artists can expand their thinking and investigate issues in their work that they may not otherwise have the opportunity to explore. Artist projects and the dynamism of the working environment serve as the basis for all of air's other programs.the educational and exhibition programs are designed to make each artist's work, as well as the artists themselves, their working methods and philosophies, more accessible to the public. Air achieves this goal by mounting exhibitions of the artists' work, by presenting discussions about the work and the processes used in its creation, and by making the artists and their work accessible to the public and targeted student populations through collaborative educational projects.project artists work with air's staff to determine the nature of a particular project. This involves designing the project and developing a budget and a schedule for the project. Air provides access to printmaking equipment, studio space and technical assistance for the project. An exhibition of the project work created is mounted and displayed as part of air's annual "projects exhibition".2. Public exhibitions and forumsair organizes in-house and traveling exhibitions of work produced at the studio and work produced by other print shops and individuals. Air also mounts exhibitions in pittsburgh of contemporary print work created throughout the international print community.3. Archivean archive of materials from significant artist projects is maintained by air. It consists of prints as well as other developmental and educational items including preliminary drawings and early proofs. The inventory of prints is available for sale, and the archive of education materials is made available for research to artists, students and the public through various programs and projects. Resident artists have access to these materials to provide them with an understanding of a particular process as they develop their projects; students have access through various collaborative educational projects; and interns and the public have access through various presentations and exhibitions.

Operating model

Revenue model
Donor-supported. 62% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 86
  • Accountability: 89
  • Sustainability: 20
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.1%; rating input score 92
  • Program expense ratio: 66.9%; rating input score 67
  • Fundraising efficiency: $12.73 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.9%; rating input score 89; 24th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -36.4%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 17.4%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 0.6% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 92.1% of revenue deployed · 66.9% of spending went to programs
  • Governance: 8 of 9 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $200K in reported program spending
  • Leadership: top reported pay $52K · 9 people listed
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • High — Sustainability: Operating margin scored 8/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.