Queer-Art EIN 37-1705600 Form 990 (PDF) Claim this org

Queer-Art

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Supports LGBTQ artists and art across generations and disciplines to build a vibrant community. For fiscal year 2024 it reported $1.2M in revenue, $1.1M in expenses, and $262K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
New York, NY
Website
www.queer-art.org
Filings
5 on file (2020–2024)
Revenue
$1.2MFY2024
Expenses
$1.1M
Net assets
$262K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  37-1705600 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
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Size
$1–10M
What they do
Supports LGBTQ artists and art across generations and disciplines to build a vibrant community.
Leadership
L Marmon · Co-Executive Director · $71K
Money in and out
$1.2M revenue, $1.1M expenses
Bottom line
83% program efficiency
Where the money goes · FY2024
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$262K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $158K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.10 Fundraising $0.07
Program efficiency
83%
of spending reaches programs▲ +11% vs prior filing year
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate▲ +79% vs prior filing year
Surplus margin
+13%
revenue over expenses, this year▲ +287% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.2M
FY2024▲ +36%
Expenses
$1.1M
FY2024▲ +11%
Total assets
$303K
FY2024▲ +156%
Total liabilities
$41K
FY2024▲ +184%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$262K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$158K
Total assetsPt X · Ln 16$303K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CQueer-Art
EINHdr · item D37-1705600
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.queer-art.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFOct 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Co-Executive Director
$70,900Pt VII · Sec A
Co-Executive Director
$64,480Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

L Marmon’s $71K as Co-Executive Director is at the 12th percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Mission & Programs · Part III

Where the work happens

3 program services account for $807K of program spending, described in the organization's own filed words · FY2024.
01

Queer art is serving as the fiscal sponsor for various projects. (1) art for black lives is a project that allows artists to donate fine art digital prints for sale. With all profits providing resource support to the black trans community.

$666Kprogram expense
02

Queer art mentorship is an intergenerational mentorship program that supports a year-long exchange between emerging and established artists working in film, literature, performance, visual art, and curatorial practice. The program supports, on average, 10 new MENTOR/FELLOW pairs each year and culminates in an annual exhibition.

$108Kprogram expense
03

Queer art awards is an initiative of grants, prizes, and residencies that includes a spectrum of support-monetary and otherwise-for LGBTQ artists. It includes the annual queer art prize awards and a growing number of individual grants, such as the barbara hammer lesbian experimental filmaking grant and giving circle relief.

$33Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.2M · 92%
Program service revenue$95K · 8%
Contributions & grants92%$1.2M
Program service revenue8%$95K
Other revenue$1K
— government grantsLn 1e$116K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.10 Fundraising $0.07
Program services83%$907K
Management & general10%$108K
Fundraising7%$74K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$226K
Total assetsLn 16$303K
Total liabilitiesLn 26$41K
Total net assetsLn 32$262K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $226K · Operating expenses/yr $1.1M
2.5 months
Where the money goes
Program services
Program services $907K · Total expenses $1.1M
83%
Management & General
Management & general $108K · Total expenses $1.1M
10%
Fundraising
Fundraising $74K · Total expenses $1.1M
7%
Cost to raise $1
Fundraising expense (3-yr avg) $67K · Solicited contributions (3-yr avg) $663K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.2M · Total revenue $1.2M
92%
Government reliance
Government grants $116K · Total revenue $1.2M
9%
Earned-income share
Program service revenue $95K · Total revenue $1.2M
8%
Investment reliance
Investment income $0 · Total revenue $1.2M
0%
Program self-sufficiency
Program service revenue $95K · Total expenses $1.1M
9%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $918K
+36%
Revenue CAGR
FY2020 $549K · FY2024 $1.2M
+23%
Net-asset trend (YoY)
End of year $262K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $1.1M
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $303K
Net-asset ratio
Net assets $262K · Total assets $303K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $303K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual L Marmon · Reported title CO-EXECUTIVE DIRECTOR · Highest reported compensation $71K · Total expenses $1.1M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $293K · Total expenses $1.1M
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 10%
Fundraising cost ratio 6%
Revenue growth 36%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 11 grants · $974K · 2020–2024
Unitemized GrantFY2024$31,345
Unitemized GrantFY2023$382,655
Unitemized GrantFY2023$38,250
Unitemized GrantFY2023$24,970
Unitemized GrantFY2022$179,319
Unitemized GrantFY2022$84,000
Unitemized GrantFY2022$18,353
Unitemized GrantFY2021$65,750
Unitemized GrantFY2021$42,821
Unitemized GrantFY2021$23,820
Unitemized GrantFY2020$83,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2023$918K revenue · ⤓ 990 PDF
FY2022$685K revenue · ⤓ 990 PDF
FY2021$671K revenue · ⤓ 990 PDF
FY2020$549K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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