Nonprofit · EIN 51-0179690
AESTHETIC REALISM FOUNDATION INC
Tax-exempt · NEW YORK, NY 10012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $431,804 | $493,361 | -$61,557 | $3,693,895 | $21,769 | $3,672,126 |
| December 31, 2023 | 990 | $463,956 | $475,393 | -$11,437 | $3,836,158 | $20,983 | $3,815,175 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $189,689
- Program service revenue
- $133,960
- Investment income
- $107,525
- Net gain from sales of assets
- -$2,507
- Other revenue
- $630
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $112,559
- Other salaries and wages
- $213,705
- Salaries, compensation and benefits (total)
- $361,051
- Professional fundraising fees
- $0
- Accounting fees
- $10,214
- Occupancy
- $17,717
- Depreciation
- $50,217
- Program services (functional)
- $377,560
- Management and general (functional)
- $91,065
- Fundraising (functional)
- $24,736
Balance sheet and other
- Total assets, start of year
- $3,836,158
- Total assets, end of year
- $3,693,895
- Total liabilities, end of year
- $21,769
- Net assets, end of year
- $3,672,126
- Land, buildings and equipment
- $1,159,985
- Publicly traded securities
- $2,039,164
- Net assets without donor restrictions
- $3,672,126
- Gross receipts
- $469,838
- Employees
- 18
- Volunteers
- 41
- Year formed
- 1973
- 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 |
|---|---|---|---|
| Barbara Allen | Administrative Officer Trustee or director, Officer | 35 | $42,697 |
| Carrie Wilson | Director Trustee or director | 30 | $35,313 |
| Ernest Defilippis | Administrative Officer Trustee or director, Officer | 30 | $34,549 |
| Jeffrey Carduner | Director Trustee or director | 15 | $146 |
| Jamie Torres | Secretary Trustee or director, Officer | 20 | $0 |
| Margot Carpenter | Executive Director Trustee or director, Officer | 35 | $0 |
| Robert Murphy | Treasurer Trustee or director, Officer | 35 | $0 |
| Anthony Romeo | Director Trustee or director | 10 | $0 |
| Ellen Reiss | Director Trustee or director | 35 | $0 |
| Joseph Spetly | Director Trustee or director | 25 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Barbara Allen | Administrative Officer Trustee or director, Officer | 35 | $39,814 |
| Carrie Wilson | Director Trustee or director | 30 | $32,786 |
| Ernest Defilippis | Administrative Officer Trustee or director, Officer | 30 | $31,927 |
| Jamie Torres | Secretary Trustee or director, Officer | 3 | $0 |
| Margot Carpenter | Executive Director Trustee or director, Officer | 35 | $0 |
| Robert Murphy | Treasurer Trustee or director, Officer | 35 | $0 |
| Anthony Romeo | Director Trustee or director | 10 | $0 |
| Ellen Reiss | Director Trustee or director | 35 | $0 |
| Joseph Spetly | Director Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 141 GREENE ST, NEW YORK, NY 10012-3201
- In care of
- % ROBERT MURPHY
- Principal officer (990 for 2024)
- Margot Carpenter, 141 Greene Street, New York, NY 10012
- Signed the 990
- Margot Carpenter, Executive Director
- Phone
- (212) 777-4490
- Website
- AESTHETICREALISM.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
THE PURPOSE OF THIS FOUNDATION IS TO TEACH AESTHETIC REALISM, THE PHILOSOPHY FOUNDED IN 1941 BY ELI SIEGEL, AMERICAN POET, CRITIC, AND EDUCATOR; KNOWLEDGE THAT EXPLAINS THE RELATION OF LIFE AND ART, AND MEETS THE NEED OF PEOPLE EVERYWHERE TO SEE REALITY FAIRLY.
Program accomplishments
- AESTHETIC REALISM COURSES AND CLASSES: AESTHETIC REALISM CLASSES AND SEMESTER COURSES, INCLUDING POETRY, ANTHROPOLOGY, MARRIAGE, MUSIC, THE VISUAL ARTS, EDUCATION, AND HISTORY. IN EACH CLASS STUDENTS SEE HOW THE SUBJECT, IN ALL ITS RICHNESS, IS A MAKING ONE OF THE OPPOSITES THAT ARE PRESENT IN ALL ART AND REALITY, AND THAT PEOPLE ARE TRYING TO PUT TOGETHER IN THEMSELVES. TOTAL ATTENDANCE: 1,969Expenses $160,445 · revenue $123,443
- TERRAIN GALLERY: EXHIBITIONS OF CONTEMPORARY PAINTINGS, DRAWINGS, PRINTS, AND PHOTOGRAPHY BASED ON THE AESTHETIC REALISM PRINCIPLE: "ALL BEAUTY IS A MAKING ONE OF OPPOSITES, AND THE MAKING ONE OF OPPOSITES IS WHAT WE ARE GOING AFTER IN OURSELVES." TOTAL ATTENDANCE: 817Expenses $32,214 · revenue $2,855
- AESTHETIC REALISM CONSULTATIONS: MEN AND WOMEN STUDY THE PRINCIPLES OF AESTHETIC REALISM WHICH SHOW THE RELATION OF THEIR INDIVIDUAL LIFE QUESTIONS TO THE ARTS AND THE WORLD THEY ARE IN, MAKING FOR GREATER KINDNESS AND SELF-RESPECT. EXPENSES INCLUDE SALARIES OF CONSULTANTS, PARTIAL SALARY OF A COORDINATOR, EQUIPMENT, MAINTENANCE, AND OFFICE SUPPLIES. TOTAL ATTENDANCE: 133.Expenses $14,819 · revenue $6,650
- PRESENTATIONS: PUBLIC SEMINARS AND DRAMATIC AND MUSICAL PRESENTATIONS, ALL BASED ON THE PRINCIPLES OF AESTHETIC REALISM. SEMINARS INCLUDE SUCH SUBJECTS AS LOVE, AMBITION, PARENTING; GROUNDBREAKING TALKS BY ARTISTS AND SCHOLARS ON THIS NEW WAY OF SEEING THE ARTS, PEOPLE, AND REALITY ITSELF. THE AESTHETIC REALISM THEATRE COMPANY OFFERS PIONEERING MUSICAL AND DRAMATIC PRODUCTIONS, FROM SHAKESPEARE TO ROCK 'N' ROLL, WITH PERFORMANCE AND COMMENT.Expenses $103,677
- OUTREACH PROGRAM: THE FOUNDATION'S OUTREACH PROGRAM INCLUDES WORKSHOPS FOR SENIORS; FOR CHILDREN AT SCHOOLS AND YOUTH CENTERS; DRAMATIC AND MUSICAL PERFORMANCES BY THE AESTHETIC REALISM THEATRE COMPANY; TALKS ON SUBJECTS FROM ANTHROPOLOGY TO JAZZ, ARCHITECTURE, AND THE ARTS, FOR PEOPLE OF ALL AGES. TOTAL ATTENDANCE: 1,112Expenses $37,722 · revenue $1,012
- THE RIGHT OF AESTHETIC REALISM TO BE KNOWN (TRO): BIWEEKLY INTERNATIONAL PERIODICAL OF THE AESTHETIC REALISM FOUNDATION, PUBLISHED SINCE 1973. IT PRESENTS ESSAYS, POEMS, AND LECTURES BY ELI SIEGEL AND ARTICLES BY AESTHETIC REALISM TEACHERS AND ASSOCIATES. IN EVERY ISSUE THERE IS AN EDITORIAL COMMENTARY BY ELLEN REISS, CHAIR OF EDUCATION. TOTAL CIRCULATION: 116,934Expenses $28,683
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
- 51-0179690
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A77Z)
- Assets (IRS master file)
- $3,693,895
- Income (IRS master file)
- $469,838
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $431,804 | $493,361 | $3,693,895 | XML |
| 990 | December 2023 | $463,956 | $475,393 | $3,836,158 | XML |
| 990 | December 2022 | $454,265 | $427,663 | $3,781,613 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 51-0179690).
Questions about AESTHETIC REALISM FOUNDATION INC
- What is the EIN of AESTHETIC REALISM FOUNDATION INC?
- The employer identification number (EIN) of AESTHETIC REALISM FOUNDATION INC is 51-0179690.
- Is AESTHETIC REALISM FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to AESTHETIC REALISM FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AESTHETIC REALISM FOUNDATION 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 AESTHETIC REALISM FOUNDATION 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 AESTHETIC REALISM FOUNDATION INC 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 AESTHETIC REALISM FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Margot Carpenter.
- Who are the officers and directors of AESTHETIC REALISM FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 4 received compensation from the organization, the highest $42,697 (Barbara Allen, Administrative Officer).
- How much revenue does AESTHETIC REALISM FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $431,804, expenses of $493,361 and total assets of $3,693,895 at year end.
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