International Artists Manifest

Nonprofit profile at a glance

EIN
462513986
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2018
Location
Woolwich, ME, USA
Phone
2078099670
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Official website

Reported finances

Revenue
$76,557
Expenses
$82,661
Assets
$967,740
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Sarah Bouchard (President and Secretary)

People named in this filing

  • Sarah Bouchard (President and Secretary)
  • Kent Gordon (Treasurer)
  • Andrew Graham (Officer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Our mission is to Remember the Artist. IAM takes on and cares for the works of brilliant, under-represented artists after they pass on. IAM provides secure, intelligent care of artists' works while documenting, positioning and promoting each collection. IAM is invested in educating the public about the works of under-represented artists, ensuring this significant cultural contribution is not lost in future generations. IAM offers public access to each collection through our digital archive and exhibition efforts. IAM also seeks out exhibition opportunities in conjunction with other arts organizations, and pursues scholarly publications and films on each of our artists.

What it reported doing in 2024

Archiving Project: Carlo Pittore - Public Education. This program was developed to inventory, document, and preserve the life's work of Carlo Pittore, a male, Jewish, gay artist who was instrumental in the fight for artists' rights. Pittore was a significant figure in the mail art movement, an influential teacher, activist, and painter. IAM is working to ensure his life's work is properly documented and digitized, offering the public unprecedented access to his collection. Pittore maintained correspondence with hundreds of active artists during his lifetime, including Keith Haring, E.F. Higgins, Buster Cleveland, John Held, Jr., Lucy Lippard, Coco Gordon, and more. This program will result in a digitized archive of his most significant artworks and correspondences, and a full inventory of the collection. This year, we documented and archived additional works on paper, adding them to our online database.

Operating model

Revenue model
Donor-supported. 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 57
  • Sustainability: 57
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85%; rating input score 85
  • Program expense ratio: 78.7%; rating input score 79
  • Fundraising efficiency: $21.54 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 66.7%; rating input score 67; 22nd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -8%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 11.71; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 13.1% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 4.9% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: -0.5% per year; rating input score 0; 37th percentile among comparable filings

Details

  • Where the money goes: 85% of revenue deployed · 78.7% of spending went to programs
  • Governance: 2 of 3 board members independent · 3 of 7 filing controls reported
  • Programs: 5 filed program accomplishments · $65K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 41 of 41 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Growth: Asset growth scored 0/100.