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Friends Of Materials For The Arts Inc
Arts & Culture · Long Island City, New York
33-00 Northern Boulevard 3Rd Fl, Long Island City, NY 11101-2224
EIN: 810551712· Founded: Sep 2002· 24 years active· Filing Year: 2023
Annual Revenue
$748K
Total Expenses
$676K
Total Assets
$926K
Program Spending
38%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$30K
4.4% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$230K
Total Payroll
$260K
39% of total expenses
Where the Money Goes
38%
Programs: 38%
Payroll: 39%
Other overhead: 62%
Program Revenue$259K (35%)
Total Expenses$676K (90%)
Payroll$260K (39%)
Overhead (non-program)62%
Trust Score Breakdown
Program Spending Ratio
38% of expenses go to programs
Revenue & Stability
$748K annual revenue
Executive Compensation
$30K total officer comp (4.4% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$926K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.