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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: 2021
Annual Revenue
$303K
Total Expenses
$265K
Total Assets
$76K
Program Spending
52%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$36K
13.7% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$36K
14% of total expenses
Where the Money Goes
52%
Programs: 52%
Payroll: 14%
Other overhead: 48%
Program Revenue$139K (46%)
Total Expenses$265K (88%)
Payroll$36K (14%)
Overhead (non-program)48%
Trust Score Breakdown
Program Spending Ratio
52% of expenses go to programs
Revenue & Stability
$303K annual revenue
Executive Compensation
$36K total officer comp (13.7% of expenses)
Filing Recency
Most recent filing: 2021
Asset Strength
$76K in assets
Data from IRS Form 990 filing (2021). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.