More Art Inc
Only null% goes to programs Strong reserves Growing revenue
More Art Inc is a 501(c)(3) organization based in New York, New York, registered in 2009, with $424,215 in FY2024 revenue. CharityIndex grades it B.
71 Nassau St Apt 13a, New York, NY, 10038 EIN 35-2345641 Since 2009
Revenue (FY2024)
$424K
▲ 23.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$432K
Net assets
$249K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for More Art Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For More Art Inc: 7 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for More Art Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For More Art Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 71 Nassau St Apt 13a, New York, NY, 10038
- City
- New York
- State
- New York
- Category
- Arts, Culture & Humanities
- Subcategory
- Visual Arts
- Website
- …
Financial trends
Revenue grew from $27K (FY2010) to $424K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $6,666Net assets $249K
Operating margin
-1.9%
Spent more than it raised in the latest fiscal year.
Total assets
$255K
Total liabilities
$6,666
Net assets
$249K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $424,215▲23.5% | $432,338▲10.4% | $248,759▼5.6% | $255,425▼9.8% | 990 |
| 2023 | $343,621▼13.8% | $391,468▲8.1% | $263,582▲8.8% | $283,092▲7.8% | 990 |
| 2022 | $398,766▲17.1% | $362,282▲67.2% | $242,157▲13.4% | $262,680▲17.2% | 990 |
| 2021 | $340,499▲23.5% | $216,647▼9.9% | $213,595▲155% | $224,085▲90.1% | 990 |
| 2020 | $275,769▲8.7% | $240,409▲1.2% | $83,722▲73.1% | $117,859▲96.1% | 990 |
| 2019 | $253,586▼4.1% | $237,614▼5.5% | $48,362▲49.3% | $60,098▲71.9% | 990 |
| 2018 | $264,401▲5.8% | $251,555▼12.3% | $32,390▲65.8% | $34,957▲62.0% | 990 |
| 2017 | $249,853▲0.7% | $286,889▲22.3% | $19,541▼65.5% | $21,576▼61.9% | 990 |
| 2016 | $248,121▲91.7% | $234,543▲46.4% | $56,577▲31.6% | $56,577▲31.1% | 990 |
| 2015 | $129,404▼47.0% | $160,210▼29.4% | $42,999▼41.7% | $43,171▼41.7% | 990EZ |
| 2014 | $244,094▲157% | $227,082▲145% | $73,805▲30.0% | $73,987▲30.3% | 990 |
| 2013 | $94,947▼32.8% | $92,509▼18.8% | $56,793▲4.5% | $56,793▲4.5% | 990EZ |
| 2012 | $141,279▲247% | $113,897▲200% | $54,355▲102% | $54,355▲102% | 990EZ |
| 2011 | $40,722▲53.1% | $37,967▲6.2% | $26,973▲11.4% | $26,973▲11.4% | 990EZ |
| 2010 | $26,595 | $35,758 | $24,218 | $24,218 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $880K total
16 grants to More Art Inc totaling $880K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tides Foundation | Healthy individuals and communities | 2024 | $100,000 |
| Tides Foundation | Healthy individuals and communities | 2023 | $100,000 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2023 | $15,000 |
| American Online Giving Foundation Inc | General support | 2023 | $6,713 |
| Tides Foundation | Healthy individuals and communities | 2022 | $108,000 |
| Tides Foundation | Healthy individuals and communities | 2022 | $108,000 |
| The Blackbaud Giving Fund | General support | 2022 | $6,568 |
| American Online Giving Foundation Inc | General support | 2022 | $5,113 |
| Tides Foundation | Healthy individuals and communities | 2021 | $100,000 |
| American Online Giving Foundation Inc | General support | 2021 | $9,354 |
| Tides Foundation | Healthy individuals and communities | 2020 | $100,000 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2020 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2020 | $5,000 |
| Tides Foundation | Project support | 2019 | $100,000 |
| Tides Foundation | Healthy individuals and communities | 2018 | $85,000 |
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Frequently asked questions
- Is More Art Inc a legitimate nonprofit?
- Yes. More Art Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-2345641, based in New York, New York. Donations are tax-deductible.
- What is More Art Inc's EIN?
- More Art Inc's Employer Identification Number (EIN) is 35-2345641.
- How much revenue does More Art Inc report?
- More Art Inc reported $424,215 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does More Art Inc have?
- CharityIndex grades More Art Inc B, based on financial health (reserves and operating margin).
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Data for More Art Inc (EIN 35-2345641) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.