CSCharityScored
75

Arete Living Arts Foundation

Arts & Culture · Long Island City, New York

44-70 21St Street 1015, Long Island City, NY 11101-5114

EIN: 050552252· Founded: May 2024· 2 years active· Filing Year: 2020

Annual Revenue

$228K

Total Expenses

$217K

Total Assets

$39K

Program Spending

93%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1K

0.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$8K

Total Payroll

$10K

4% of total expenses

Where the Money Goes

93%
Programs: 93%
Payroll: 4%
Other overhead: 7%
Program Revenue$203K (89%)
Total Expenses$217K (95%)
Payroll$10K (4%)
Overhead (non-program)7%

Trust Score Breakdown

Program Spending Ratio

93% of expenses go to programs

40%

Revenue & Stability

$228K annual revenue

15%

Executive Compensation

$1K total officer comp (0.7% of expenses)

20%

Filing Recency

Most recent filing: 2020

15%

Asset Strength

$39K in assets

10%

Data from IRS Form 990 filing (2020). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.