CSCharityScored
52

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: 2022

Annual Revenue

$250K

Total Expenses

$280K

Total Assets

$35K

Program Spending

45%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2K

0.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$2K

1% of total expenses

Where the Money Goes

45%
Programs: 45%
Payroll: 1%
Other overhead: 55%
Program Revenue$126K (51%)
Total Expenses$280K (100%)
Payroll$2K (1%)
Overhead (non-program)55%

Trust Score Breakdown

Program Spending Ratio

45% of expenses go to programs

40%

Revenue & Stability

$250K annual revenue

15%

Executive Compensation

$2K total officer comp (0.8% of expenses)

20%

Filing Recency

Most recent filing: 2022

15%

Asset Strength

$35K in assets

10%

Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.