Nonprofit · EIN 82-2181365
PRINCETON ACADEMY OF ART INC
Tax-exempt · PRINCETON, NJ 08540
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $464,862 | $517,648 | -$52,786 | $59,962 | $1,627 | $58,335 |
| December 31, 2024 | 990 | $444,396 | $465,498 | -$21,102 | $119,289 | $8,168 | $111,121 |
| December 31, 2023 | 990 | $417,533 | $468,696 | -$51,163 | $139,318 | $7,095 | $132,223 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $5,233
- Program service revenue
- $459,623
- Investment income
- $6
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,118
- Compensation of officers, directors and key employees
- $58,300
- Other salaries and wages
- $73,658
- Salaries, compensation and benefits (total)
- $176,043
- Professional fundraising fees
- $0
- Legal fees
- $810
- Accounting fees
- $1,190
- Occupancy
- $172,692
- Travel
- $6,701
- Program services (functional)
- $356,464
- Management and general (functional)
- $124,716
- Fundraising (functional)
- $36,468
Balance sheet and other
- Total assets, start of year
- $119,289
- Total assets, end of year
- $59,962
- Total liabilities, end of year
- $1,627
- Net assets, end of year
- $58,335
- Net assets without donor restrictions
- $58,335
- Gross receipts
- $464,862
- Employees
- 5
- Volunteers
- 2
- Year formed
- 2017
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ANNA NEIS | PRESIDENT & CHAIR Trustee or director, Officer, Key employee | 40 | $0 | $58,300 |
| SORAT TUNGKASIRI | VICE PRESIDENT Officer | 0.5 | $0 | $0 |
| PETER SODERMAN | ACTING TREASURER Officer | 10 | $0 | $0 |
| CATHERINE SCHURDAK | ACTING SECRETARY Officer | 0.5 | $0 | $0 |
| MATTHEW KARBOWIAK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ANNA NEIS | PRESIDENT & CHAIR Trustee or director, Officer, Key employee | 40 | $0 | $63,684 |
| SORAT TUNGKASIRI | VICE PRESIDENT Officer | 0.5 | $0 | $0 |
| PETER SODERMAN | ACTING TREASURER Officer | 10 | $0 | $0 |
| CATHERINE SCHURDAK | ACTING SECRETARY Officer | 0.5 | $0 | $0 |
| MATTHEW KARBOWIAK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNA NEIS | PRESIDENT & CHAIR Trustee or director, Officer, Key employee | 40 | $54,415 |
| SORAT TUNGKASIRI | VICE PRESIDENT Officer | 0.5 | $0 |
| PETER SODERMAN | ACTING TREASURER Officer | 10 | $0 |
| CATHERINE SCHURDAK | ACTING SECRETARY Officer | 0.5 | $0 |
| MATTHEW KARBOWIAK | BOARD MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 475 SAYRE DR, PRINCETON, NJ 08540-5845
- In care of
- % ANNA NEIS
- Principal officer (990 for 2025)
- ANNA NEIS, 475 SAYRE DR, PRINCETON, NJ 08540
- Signed the 990
- ANNA NEIS, PRESIDENT
- Phone
- (609) 902-0330
- Return prepared by
- COLLETTI HEARNE & COMPANY LLC
Mission
Princeton Academy of Art is dedicated to educating fine artists in the contemporary academic realism through programming for adults, teens and . children. The organization served approximately 150 students in 2025.
Program accomplishments
- Provided integrated rigorous technical training in painting, drawing and sculpture with cutting edge artistic concepts and approaches to develop the abilities of students.Expenses $356,464 · revenue $459,623
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 | 990 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
- 82-2181365
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A25)
- Assets (IRS master file)
- $59,962
- Income (IRS master file)
- $464,862
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $464,862 | $517,648 | $59,962 | XML |
| 990 | December 2024 | $444,396 | $465,498 | $119,289 | XML |
| 990 | December 2023 | $417,533 | $468,696 | $139,318 | XML |
| 990 | December 2022 | $470,441 | $388,813 | $183,338 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | 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 82-2181365).
Questions about PRINCETON ACADEMY OF ART INC
- What is the EIN of PRINCETON ACADEMY OF ART INC?
- The employer identification number (EIN) of PRINCETON ACADEMY OF ART INC is 82-2181365.
- Is PRINCETON ACADEMY OF ART INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PRINCETON ACADEMY OF ART INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRINCETON ACADEMY OF 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 PRINCETON ACADEMY OF ART INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRINCETON ACADEMY OF ART INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PRINCETON ACADEMY OF ART INC?
- The 990 for the year ended December 31, 2025 names ANNA NEIS.
- Who are the officers and directors of PRINCETON ACADEMY OF ART INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does PRINCETON ACADEMY OF ART INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $464,862, expenses of $517,648 and total assets of $59,962 at year end.
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