Overview

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Est.

2005

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

SALEM ART WORKS INC is a nonprofit organization dedicated to supporting both emerging and established artists in the creation of new and progressive works, while also promoting the understanding and appreciation of contemporary art. With an operating budget of $198.4K and total revenue of $199.6K for the filing year 2025, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website at https://www.salemartworks.org/.

Mission Statement

To support both emerging and established artists in the creation of new and progressive works. To educate, train, and promote the understanding and appreciation of contemporary art.
Revenues
$577.2K
Expenses
$534K
Net Income:
+$43.2K
Assets
$215.2K
Liabilities
$24.3K
Net Assets:
+$191K
Operating Budget
$534K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$5.1K
Largest grant received
$71.5K
G
Gary Humphreys
Board Member
M
Matthew Ferguson
Board Member
A
Anthony Cafritz
Board Member

Frequently Asked Questions

What is SALEM ART WORKS INC’s budget?
In 2024, SALEM ART WORKS INC reported an annual operating budget of around $534 thousand. More detailed financial information is available to registered users.
What causes does SALEM ART WORKS INC support?
SALEM ART WORKS INC supports work in Visual arts.
Where does SALEM ART WORKS INC operate?
SALEM ART WORKS INC is headquartered in Salem, NY.
Who funded SALEM ART WORKS INC recently?
In 2024, SALEM ART WORKS INC received grants from HUNTINGTON TRACY FOUNDATION INC, LEO COX BEACH PHILANTHROPIC FOUND, and ALFRED Z SOLOMON TESTAMENTARY TRUST C/O JAMES G SNYDER. More information on this organization’s funders is available to registered users.
What is the largest grant SALEM ART WORKS INC received in 2024?
The largest grant to SALEM ART WORKS INC in 2024 exceeds $72 thousand.
What is SALEM ART WORKS INC’s reliance on government grants?
SALEM ART WORKS INC relied on government grants for more than 5% of their total revenue in 2024.