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Nonprofit · EIN 45-2409043

ATLANTIC CITY ARTS FOUNDATION

Tax-exempt · ATLANTIC CITY, NJ 08401

Financials

$575K$533K2023$316K$395K2024
Revenue Expenses · by fiscal year end
Financials of ATLANTIC CITY ARTS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$315,809$394,775-$78,966$82,357$48,012$34,345
December 31, 2023990$575,134$532,745$42,389$157,377$44,066$113,311
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$310,964
of which government grants
$67,922
Program service revenue
$3,386
Investment income
$1,459
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$53,358
Other salaries and wages
$10,328
Salaries, compensation and benefits (total)
$67,707
Professional fundraising fees
$0
Legal fees
$10,666
Accounting fees
$14,329
Program services (functional)
$221,484
Management and general (functional)
$170,444
Fundraising (functional)
$2,847

Balance sheet and other

Total assets, start of year
$157,377
Total assets, end of year
$82,357
Total liabilities, end of year
$48,012
Net assets, end of year
$34,345
Net assets without donor restrictions
$34,262
Net assets with donor restrictions
$83
Gross receipts
$315,809
Employees
3
Volunteers
0
Year formed
2011
State of legal domicile
NJ

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.

NameTitleHours / weekCompensation
Michael AtkinsExecutive Director
Officer
1$29,970
Kaitlyn O'MalleyFormer Executive Director
Officer
1$23,388
Monica CasielloPresident
Trustee or director, Officer
0$0
Evan SanchezVice President
Trustee or director, Officer
0$0
Debra WhiteTreasurer
Trustee or director, Officer
0$0
Christina WalleyBoard Member
Trustee or director
0$0
Chung-Fan ChangBoard Member
Trustee or director
0$0
Miko BeachBoard Member
Trustee or director
0$0
Larry HuttingerBoard Member
Trustee or director
0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Kaitlyn O'MalleyExecutive Director
Trustee or director, Officer
1$60,010
Monica CasielloPresident
Trustee or director, Officer
0$0
Evan SanchezVice President
Trustee or director, Officer
0$0
Mark GanterTreasurer
Trustee or director, Officer
0$0
Elizabeth TerenikSecretary
Trustee or director, Officer
0$0
Christina WalleyBoard Member
Trustee or director
0$0
Chung-Fan ChangBoard Member
Trustee or director
0$0
Miko BeachBoard Member
Trustee or director
0$0
Tyler GriffinBoard Member
Trustee or director
0$0
Larry HuttingerBoard Member
Trustee or director
0$0

Address and contacts

Address (IRS master file)
1535 BACHARACH BLVD RM 284, ATLANTIC CITY, NJ 08401-4419
In care of
% DARYL BULTHUIS
Mailing address (990-N for 2017)
PO BOX 3, ATLANTIC CITY NJ 08404
Principal officer (990 for 2024)
Monica Casiello, PO Box 3, Atlantic City, NJ 084040003
Principal officer (990-N for 2017)
EVAN SANCHEZ, 35 NORTH NEW HAMPSHIRE AVENUE, ATLANTIC CITY NJ 08404
Signed the 990
Monica Casiello, President
Phone
(609) 442-9976
Return prepared by
Capaldi Reynolds & Pelosi PA

Mission

Foster arts and cultural programs to enrich quality of life.

990 for the year ended December 31, 2024

Program accomplishments

  • 48 BLOCKSCity-wide arts and cultural celebration including a mural arts program
    Expenses $212,800 · revenue $3,386
  • ARTERIORS Local artists transform a vacant property in a neighborhood in transition into a pop-up art installation, highlighting the rebirth of Atlantic City.
    Expenses $6,339
  • COMMUNITY ARTSMiscellaneous programming developed specific to the community and its needs, including art education.
    Expenses $2,345

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-2409043
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
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$82,357
Income (IRS master file)
$315,809

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$315,809$394,775$82,357IRS
990December 2023$575,134$532,745$157,377XML
990December 2022$262,282$289,630$111,782IRS
990December 2021–––IRS
990-N for 2017
Officer: EVAN SANCHEZ
December 31, 2017≤ $50,000 receipts––e-Postcard

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 45-2409043).

Questions about ATLANTIC CITY ARTS FOUNDATION

What is the EIN of ATLANTIC CITY ARTS FOUNDATION?
The employer identification number (EIN) of ATLANTIC CITY ARTS FOUNDATION is 45-2409043.
Is ATLANTIC CITY ARTS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to ATLANTIC CITY ARTS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ATLANTIC CITY ARTS FOUNDATION 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 ATLANTIC CITY ARTS FOUNDATION 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 ATLANTIC CITY ARTS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ATLANTIC CITY ARTS FOUNDATION?
The 990 for the year ended December 31, 2024 names Monica Casiello.
Who are the officers and directors of ATLANTIC CITY ARTS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $29,970 (Michael Atkins, Executive Director).
How much revenue does ATLANTIC CITY ARTS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $315,809, expenses of $394,775 and total assets of $82,357 at year end.

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