Spamart INC FY2024 filing

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Art exhibitions and cultural exchange

501(c)(3) charity; gifts are tax-deductible.
35¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $45K a year · 35% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
35%
of spending
Concern: 35% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
13 mo
of spending, in cash
Looks good: 13.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$63
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$150K
-27% vs prior year
Spent
$103K
To programs
35%
Net assets
$327K
By yearFY2021–FY2025
Revenue
$150K
FY2024▼ -27%
Tap a bar for its year
Revenue by fiscal year
FY2021$238K
FY2022$0
FY2023$207K
FY2024$150K
FY2025$51K
Expenses
$103K
FY2024▲ +118%
Tap a bar for its year
Expenses by fiscal year
FY2021$70K
FY2022$133K
FY2023$47K
FY2024$103K
FY2025$68K
Net assets
$327K
FY2024▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2021$261K
FY2022$127K
FY2023$280K
FY2024$327K
FY2025$310K

From the FY2024 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

35 cents of each dollar spent went to programs.

Program services 35% · $36K Management & general 65% · $67K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee, Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
See Spamart INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Showcases art and fosters cultural understanding through exhibitions and exchanges.

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1 program · in their own filed words · FY2024
01

Donation to art exhibitions

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $30K · 2024–2024
USCCA · FY2024$20,000
USCCA · FY2024$10,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$150K
Ln 12
Gifts and grantsLn 1h$150K
Money outPt IX
$103K
Ln 25
Programscol B$36K
Managementcol C$67K
Owns and owesPt X
$327K
net assets · Ln 32
Cash and savingsLn 1–2$113K
Total assetsLn 16$327K
LiabilitiesLn 26$63
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$150K
Total revenueLn 12$150K
Assets in detailPt X, end of year
CashLn 1$113K
Cash and savings togetherLn 1–2$113K
Loans to officers and key peopleLn 5$5K
Notes and loans receivableLn 7$209K
Total assetsLn 16$327K
LiabilitiesLn 26$63
Net assetsLn 32$327K
OperationsPt I, VI
EmployeesI 51
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$268K$113K
Total assetsLn 16$283K$327K
LiabilitiesLn 26$3K$63
Net assetsLn 32$280K$327K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$30K$30K
Other salaries and wagesLn 7$22K$22K
Payroll taxesLn 10$2K$2K
Legal feesLn 11b$575$575
Other fees for servicesLn 11g$20K$20K
Office expensesLn 13$2K$2K$75
TravelLn 17$21K$21K
Conferences, conventions and meetingsLn 19$2K$2K
Other expenses (24a–d)Ln 24$4K$2K$2K
Total functional expensesLn 25$103K$36K$67K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 12, 2026 $51K$68K−$17K$310K 990 PDF
FY2024 ViewingFiled with the IRS Oct 13, 2025 $150K$103K$47K$327K 990 PDF
FY2023Filed with the IRS Nov 11, 2024 $207K$47K$159K$280K 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $0$133K−$133K$127K 990 PDF
FY2021Filed with the IRS Nov 3, 2022 $238K$70K$168K$261K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $150,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $206,552$150,000
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $206,552$150,000
I-13 Grants and similar amounts paidPrior year $0$30,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $32,138$24,487
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $15,265$48,933
I-18 Total expensesPrior year $47,403$103,420
I-19 Revenue less expensesPrior year $159,149$46,580
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $150,000 across 3 lines filed
VIII-1f All other contributions, gifts and grants$150,000
VIII-1h Total contributions, gifts and grants$150,000
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$150,000
Part IX · Statement of functional expenses $103,420 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $30,000$30,000
IX-7 Other salaries and wagesManagement $22,500$22,500
IX-10 Payroll taxesManagement $1,987$1,987
IX-11b Legal feesManagement $575$575
IX-11g Other fees for servicesManagement $19,843$19,843
IX-13 Office expensesPrograms $1,508 · Management $75$1,583
IX-17 TravelManagement $20,896$20,896
IX-19 Conferences, conventions and meetingsPrograms $2,423$2,423
IX-24 Other expenses (24a–d)Programs $2,000 · Management $1,613$3,613
IX-25 Total functional expensesPrograms $35,931 · Management $67,489 · Fundraising $0$103,420
Part X · Balance sheet $326,658 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $267,544$112,654
X-5 Loans to officers and key peopleStart of year $5,204$5,204
X-7 Notes and loans receivableStart of year $10,000$208,800
X-16 Total assetsStart of year $282,748$326,658
X-25 Other liabilitiesStart of year $2,733$63
X-26 Total liabilitiesStart of year $2,733$63
X-27 Net assets without donor restrictionsStart of year $280,015$326,595
X-32 Total net assets or fund balancesStart of year $280,015$326,595
X-33 Total liabilities and net assetsStart of year $282,748$326,658
Part XI · Reconciliation of net assets $326,595 net assets at year end
XI-1 Total revenue$150,000
XI-2 Total expenses$103,420
XI-3 Revenue less expenses$46,580
XI-4 Net assets at start of year$280,015
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$326,595

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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