Nonprofit · EIN 13-3082845
FOUNDATION FOR INDEPENDENT ARTISTS INC
Tax-exempt · BROOKLYN, NY 11217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 (amended) | $1,609,380 | $2,384,034 | -$774,654 | $1,286,832 | $147,751 | $1,139,081 |
| June 30, 2024 | 990 | $3,187,143 | $4,006,562 | -$819,419 | $2,258,441 | $344,706 | $1,913,735 |
| June 30, 2023 | 990 | $2,818,164 | $3,617,227 | -$799,063 | $2,842,517 | $109,363 | $2,733,154 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $765,786
- of which government grants
- $112,506
- Program service revenue
- $836,456
- Investment income
- $0
- Other revenue
- $7,138
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $608,406
- Salaries, compensation and benefits (total)
- $727,795
- Professional fundraising fees
- $0
- Accounting fees
- $8,962
- Occupancy
- $71,031
- Travel
- $199,147
- Program services (functional)
- $2,244,324
- Management and general (functional)
- $133,110
- Fundraising (functional)
- $6,600
Balance sheet and other
- Total assets, start of year
- $2,258,441
- Total assets, end of year
- $1,286,832
- Total liabilities, end of year
- $147,751
- Net assets, end of year
- $1,139,081
- Net assets without donor restrictions
- $938,016
- Net assets with donor restrictions
- $201,065
- Gross receipts
- $1,609,380
- Employees
- 132
- Volunteers
- 0
- Year formed
- 1981
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| FELICIA ROSENFELD | PRESIDENT Trustee or director, Officer | 0 | $0 | $10,451 |
| ANNA MARCUS | CHAIR/TREASURER Trustee or director, Officer | 0 | $0 | $0 |
| MARILYN FRANCESCON | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| LILLIAN OSEI-BOATENG | MEMBER Trustee or director | 0 | $0 | $0 |
| MARGARET DAHL | MEMBER Trustee or director | 0 | $0 | $0 |
| JASON PERLROTH | MEMBER Trustee or director | 0 | $0 | $0 |
| JORDAN PEIMER | MEMBER Trustee or director | 0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CLARISSA SOTO | TREASURER (RESIGNED MARCH 2024) Trustee or director, Officer | 0 | $0 | $114,413 | $10,530 |
| FELICIA ROSENFELD | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| ANNA MARCUS | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| MARILYN FRANCESCON | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| MARGARET DAHL | MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| JASON PERLROTH | MEMBER Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CLARISSA SOTO-JOSEPHS | TREASURER Trustee or director, Officer | 0 | $0 | $103,000 | $8,937 |
| ALEX GOLEMAN | PRESIDENT (RESIGNED 4/27/2023) Trustee or director, Officer | 0 | $0 | $77,988 | $1,806 |
| ANNA BRADY MARCUS | PRESIDENT/SECRETARY Trustee or director, Officer | 0 | $0 | $15,150 | $0 |
| MARILYN FRANCESCON | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| JUDY BOOMER | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3 LAFAYETTE AVE, BROOKLYN, NY 11217-1415
- Principal officer (990 for 2024)
- ANNA BRADY MARCUS, SAME AS ABOVE, NEW YORK, NY 10004
- Signed the 990
- ANNA BRADY MARCUS, TREASURER
- Phone
- (212) 278-8111
- Return prepared by
- RICH AND BANDER LLP
Mission
THE ORGANIZATION PROVIDES ARTISTIC ENTITIES WITH A CORPORATE STRUCTURE AND FOSTERS THEIR ART THROUGH A COMBINATION OF INFRASTUCTURE, FINANCIAL, AND ADMINISTRATIVE SUPPORT.
Program accomplishments
- THE ORGANIZATION PROVIDES ARTISTIC ENTITIES WITH A CORPORATE STRUCTURE AND FOSTERS THEIR ART THROUGH A COMBINATION OF INFRASTUCTURE, FINANCIAL, AND ADMINISTRATIVE SUPPORT. PERFORMANCES ARE HELD THROUGHOUT THE UNITED STATES AND EUROPE. NEW WORKS ARE CREATED, AND RESIDENCIES ARE HELD.Expenses $2,244,324 · revenue $836,456
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3082845
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1981
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A91Z)
- Assets (IRS master file)
- $1,286,832
- Income (IRS master file)
- $1,609,380
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,609,380 | $2,384,034 | $1,286,832 | XML |
| 990 | June 2024 | $3,187,143 | $4,006,562 | $2,258,441 | XML |
| 990 | June 2023 | $2,818,164 | $3,617,227 | $2,842,517 | XML |
| 990 | June 2022 | $4,647,343 | $3,046,292 | $3,689,287 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3082845).
Questions about FOUNDATION FOR INDEPENDENT ARTISTS INC
- What is the EIN of FOUNDATION FOR INDEPENDENT ARTISTS INC?
- The employer identification number (EIN) of FOUNDATION FOR INDEPENDENT ARTISTS INC is 13-3082845.
- Is FOUNDATION FOR INDEPENDENT ARTISTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to FOUNDATION FOR INDEPENDENT ARTISTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR INDEPENDENT ARTISTS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FOUNDATION FOR INDEPENDENT ARTISTS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR INDEPENDENT ARTISTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FOUNDATION FOR INDEPENDENT ARTISTS INC?
- The 990 for the year ended June 30, 2025 names ANNA BRADY MARCUS.
- Who are the officers and directors of FOUNDATION FOR INDEPENDENT ARTISTS INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION FOR INDEPENDENT ARTISTS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,609,380, expenses of $2,384,034 and total assets of $1,286,832 at year end.
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