Nonprofit · EIN 35-2345641
MORE ART INC
Tax-exempt · NEW YORK, NY 10038
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $424,215 | $432,338 | -$8,123 | $255,425 | $6,666 | $248,759 |
| December 31, 2023 | 990 | $343,621 | $391,468 | -$47,847 | $283,092 | $19,510 | $263,582 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $321,209
- of which government grants
- $248,159
- Program service revenue
- $1,489
- Investment income
- $6,532
- Net income from fundraising events
- $94,985
- Other revenue
- $94,985
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $40,000
- Other salaries and wages
- $97,250
- Salaries, compensation and benefits (total)
- $147,847
- Professional fundraising fees
- $0
- Occupancy
- $15,269
- Travel
- $1,176
- Program services (functional)
- $288,238
- Management and general (functional)
- $53,863
- Fundraising (functional)
- $90,237
Balance sheet and other
- Total assets, start of year
- $283,092
- Total assets, end of year
- $255,425
- Total liabilities, end of year
- $6,666
- Net assets, end of year
- $248,759
- Net assets without donor restrictions
- $248,759
- Gross receipts
- $424,215
- Employees
- 4
- Year formed
- 2008
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Micaela Martegani | Executive Dir. Trustee or director, Officer | 40 | $40,000 |
| Jeffrey Jones | Board Member Trustee or director | 2 | $0 |
| Mauricio Barberi | Board Member Trustee or director | 1 | $0 |
| Lynne Whitman | Treasurer Trustee or director, Officer | 1 | $0 |
| Mona Ghasemi | President Trustee or director, Officer | 3 | $0 |
| Kate Shaw | Secretary Trustee or director, Officer | 2 | $0 |
| Johanna Ottolinger | Board Member Trustee or director | 1 | $0 |
| Chiseche Mibenge | Board Member Trustee or director | 1 | $0 |
| James Walker | Board Member Trustee or director | 1 | $0 |
| Christopher Goble | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Micaela Martegani | Executive Dir. Trustee or director, Officer | 40 | $0 |
| Jeffrey Jones | Board Member Trustee or director | 2 | $0 |
| Mauricio Barberi | Board Member Trustee or director | 1 | $0 |
| Lynne Whitman | Treasurer Trustee or director, Officer | 1 | $0 |
| Mona Ghasemi | President Trustee or director, Officer | 3 | $0 |
| Kate Shaw | Secretary Trustee or director, Officer | 2 | $0 |
| Johanna Ottolinger | Board Member Trustee or director | 1 | $0 |
| Chiseche Mibenge | Board Member Trustee or director | 1 | $0 |
| James Walker | Board Member Trustee or director | 1 | $0 |
| Christopher Goble | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 71 NASSAU ST APT 13A, NEW YORK, NY 10038-3755
- Signed the 990
- Micaela Martegani, Executive Director
- Phone
- (917) 325-8705
- Return prepared by
- Cipriani & Bauer CPAs
Mission
More art is devoted to making contemporary art more accessible to the public and to bridge the gap between local communities and contemporary artists.
Program accomplishments
- Public art commissions and education art programsExpenses $288,238
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-2345641
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A40)
- Assets (IRS master file)
- $255,425
- Income (IRS master file)
- $424,215
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $343,621 | $391,468 | $283,092 | IRS |
| 990 | December 2022 | $398,766 | $362,282 | $262,680 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about MORE ART INC
- What is the EIN of MORE ART INC?
- The employer identification number (EIN) of MORE ART INC is 35-2345641.
- Is MORE ART INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to MORE ART INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MORE ART 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 MORE ART INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MORE ART INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of MORE ART INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $40,000 (Micaela Martegani, Executive Dir.).
- How much revenue does MORE ART INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $424,215, expenses of $432,338 and total assets of $255,425 at year end.
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