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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
Revenue & Stability
$250K annual revenue
Executive Compensation
$2K total officer comp (0.8% of expenses)
Filing Recency
Most recent filing: 2022
Asset Strength
$35K in assets
Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.