Assets for Artists Inc
Nonprofit profile at a glance
- EIN
- 994907048
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- North Adams, MA, USA
- Phone
- 4136519661
- Rating confidence
- Limited
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $18,500
- Expenses
- $10
- Assets
- $18,490
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- BLAIR BENJAMIN (EXECUTIVE DI)
- LAURA CHRISTENSEN (CLERK)
- LUIS COTTO (BOARD PRESID)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Assets for artists is an artist-led and artist-centered program that marshals resources and strategies for creatives to pursue self-determined careers while navigating an economic system thats stacked against us. We advance this mission by advocating for artists needs, redistributing resources directly to artists, and creating opportunities for artists to be in community, engage in peer-learning, and obtain tools for navigating the challenges of our current economic system while simultaneously shaping a more equitable one.
What it reported doing in 2024
Our organization was incorporated in the fall of 2024, we received our 501c3 approval in the spring of 2025, and we intend to begin providing services to artists under assets for artists, inc. Beginning october 1, 2025. Therefore, we did not incur any program expenses during our fiscal year ending june 30, 2025.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 83
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 99.9%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 1,849; rating input score 100; 100th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Sustainability: Officer compensation ratio scored 56/100.