THE ART STUDENTS LEAGUE OF NEW YORK
Founded by artists and supporting artists since 1875
THE ART STUDENTS LEAGUE OF NEW YORK
EIN: 13-1844837
Programs and results
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Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Art Education
The League provides a hands-on studio education, based on the Atelier method, accessible to anyone who truly aspires to develop as an artist, whether pursuing a profession in the fine arts or just beginning an artistic journey. Our supportive community is diverse in age, background and experience, as students strive together to learn. Prominent artists teach classes in drawing, painting, sculpture, printmaking, welding and mixed media, in 100 affordable studio art classes. The League also supports the professional development of emerging artists with opportunities to exhibit, sell, and teach.
Seeds of the League
Seeds of The League is The Art Students League of New York’s community youth program. Seeds partners with public schools and social service organizations across New York City to provide arts programming where it would otherwise not be accessible.
Seeds also provides full scholarships to artists ages 8 and up from underserved backgrounds to take classes at The Art Students League with our renowned instructors. In the ten years since its founding, Seeds of The League has given out more than 650 scholarships for study at The League. Seeds students have gone on to earn over $1,000,000 to support the cost of college tuition, and many have built careers they might not have had access to otherwise: they are now architects, teachers, illustrators, animators and more.
Works in Public (formerly Model to Monument)
Works in Public (formerly known as Model to Monument) is a professional development program for League artists that was begun in partnership with the New York City Department of Parks & Recreation in 2010. Works in Public trains a diverse, international group of League students in the process of creating large-scale sculpture for outdoor public spaces. Forty-six artists have completed this program and had their sculptures installed in year-long public exhibitions at Riverside Park South and Riverside Park at 145th Street. The program is open to advanced League students in any discipline. Starting in 2022, Works in Public has been re-conceived as a two-year intensive course of study, culminating in the installation of artwork in Riverside Park at 145th Street for a one-year public exhibition.
The Certificate Program
The League’s intensive Certificate Program is designed to cultivate growth of the individual’s talent within the League’s renowned atelier system. The Certificate Program consists of a prescribed course of study leading to a Certificate of Completion. The prescribed course of study is a dedicated two- or four-year plan of intensive study, tailored to meet professional and personal artistic interests. This semester-based program allows for two starting periods: September and January.
Students in the Certificate Program benefit from: Ongoing educational and professional development support from the League Student Affairs Department; An official certificate authenticating successful completion of a formalized art curriculum; A gallery exhibition with all students completing the Certificate Program that year; A wealth of other programs at the League, including intensive workshops; 12-week, goal focused “sequential” classes; exhibition and public art opportunities.
Exhibition Outreach
The Art Students League is committed to offering exhibition opportunities to our student/member artists. Exhibition Outreach (EO) displays the work of League artists in venues throughout the tristate area for viewing by hundreds of thousands of people.
Students gain experience entering their work in competition, preparing their work for display, and marketing their work for sale. Since its inception in 2006, EO has placed works by more than 800 artists in more than 200 exhibitions, at such major venues and fairs including the Affordable Art Fair, the Governors Island Art Fair, as well as participation in EOP public art events, including Sketch in the Park. Other exhibition venues have included AT Kearney, Squire Patton Boggs, NYIAC, and the Conference Board. Most recently, EO has expanded its reach with institutional partnerships, including Riverside Park Conservancy, and a new collaboration with ChaShaMa.
Aspiring Artists High School Program
In September 2018, the Art Students League of New York launched a new class for talented high school juniors and seniors as part of the “Aspiring Artists High School Program.” This professional-level class on Sunday afternoons during the academic year is a unique opportunity for young artists interested in developing their observational skills in painting from nature and working with other exceptional young artists. The class is taught by the renowned contemporary still life painter Amy Weiskopf, who will select up to 25 students by portfolio application. Every student will receive a full scholarship that will cover tuition and materials. This is an extraordinary opportunity to study at one of the country’s leading art schools. Students will paint directly from life as they learn the fundamentals of oil painting: light, color, form, space, and composition, the very building blocks of individual expression.
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Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
24.15
Months of cash in 2023 info
1.6
Fringe rate in 2023 info
14%
Funding sources info
Assets & liabilities info
Financial data
THE ART STUDENTS LEAGUE OF NEW YORK
Revenue & expensesFiscal Year: Jun 01 - May 31
THE ART STUDENTS LEAGUE OF NEW YORK
Balance sheetFiscal Year: Jun 01 - May 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jun 01 - May 31
This snapshot of THE ART STUDENTS LEAGUE OF NEW YORK’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | -$3,043,985 | -$1,617,987 | $22,128,514 | -$9,175,211 | -$5,522,134 |
As % of expenses | -27.4% | -14.5% | 220.1% | -74.7% | -41.6% |
Unrestricted surplus (deficit) after depreciation | -$3,594,887 | -$2,188,672 | $21,499,640 | -$9,955,090 | -$6,319,634 |
As % of expenses | -30.8% | -18.7% | 201.2% | -76.2% | -44.9% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $19,894,923 | $18,313,275 | $18,288,256 | $14,274,262 | $12,148,456 |
Total revenue, % change over prior year | 94.8% | -8.0% | -0.1% | -21.9% | -14.9% |
Program services revenue | 29.5% | 25.0% | 18.9% | 32.4% | 48.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 16.6% | 11.1% | 21.3% | 15.3% | 16.5% |
Government grants | 0.1% | 0.2% | 7.9% | 8.9% | 1.0% |
All other grants and contributions | 53.8% | 7.8% | 9.6% | 12.1% | 27.8% |
Other revenue | 0.0% | 56.0% | 42.4% | 31.3% | 6.7% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $11,114,912 | $11,134,743 | $10,055,261 | $12,289,458 | $13,268,794 |
Total expenses, % change over prior year | 7.2% | 0.2% | -9.7% | 22.2% | 8.0% |
Personnel | 63.6% | 67.9% | 69.8% | 68.2% | 64.9% |
Professional fees | 9.0% | 8.3% | 12.8% | 7.9% | 8.9% |
Occupancy | 3.2% | 3.1% | 3.3% | 3.6% | 3.7% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 0.8% | 0.6% | 0.1% | 0.2% | 0.7% |
All other expenses | 23.3% | 20.0% | 14.0% | 20.2% | 21.9% |
Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $11,665,814 | $11,705,428 | $10,684,135 | $13,069,337 | $14,066,294 |
One month of savings | $926,243 | $927,895 | $837,938 | $1,024,122 | $1,105,733 |
Debt principal payment | $0 | $0 | $224,150 | $1,183,000 | $0 |
Fixed asset additions | $0 | $0 | $1,686,800 | $0 | $1,467,095 |
Total full costs (estimated) | $12,592,057 | $12,633,323 | $13,433,023 | $15,276,459 | $16,639,122 |
Capital structure indicators
Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Months of cash | 4.1 | 6.7 | 7.5 | 2.2 | 1.6 |
Months of cash and investments | 101.4 | 99.9 | 147.6 | 104.0 | 90.5 |
Months of estimated liquid unrestricted net assets | 63.3 | 61.2 | 92.2 | 66.0 | 54.8 |
Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Cash | $3,774,326 | $6,182,037 | $6,260,463 | $2,267,663 | $1,774,940 |
Investments | $90,186,709 | $86,493,639 | $117,397,924 | $104,282,292 | $98,265,006 |
Receivables | $36,657 | $60,536 | $95,727 | $110,522 | $48,286 |
Gross land, buildings, equipment (LBE) | $13,756,326 | $13,215,918 | $14,328,138 | $14,871,155 | $16,338,250 |
Accumulated depreciation (as a % of LBE) | 59.9% | 61.1% | 56.8% | 59.9% | 59.4% |
Liabilities (as a % of assets) | 2.8% | 4.5% | 2.8% | 1.1% | 1.1% |
Unrestricted net assets | $64,151,829 | $61,963,157 | $83,462,797 | $73,507,707 | $67,188,073 |
Temporarily restricted net assets | $21,402,067 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $12,071,770 | N/A | N/A | N/A | N/A |
Total restricted net assets | $33,473,837 | $31,878,445 | $43,289,438 | $38,159,129 | $38,621,119 |
Total net assets | $97,625,666 | $93,841,602 | $126,752,235 | $111,666,836 | $105,809,192 |
Key data checks
Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Artistic/Executive Director
Mr. Michael Hall
Michael Hall has been the Artistic & Executive Director of The Art Students League of New York since November 2020. Hall had been with Art Basel as the Global Head of Operations & Logistics from 2015, managing the fair’s production in Basel, Miami, and Hong Kong. A practicing artist himself who frequently collaborates with artists on independent projects, Hall brings the combined experience of organizational leadership, art world knowledge and artistic practice to his position.
A graduate of Mason Gross School of the Arts, Hall has held leadership positions with The Armory Show as Managing Director and Hauser & Wirth New York. His collaborations with artists and friends include projects at the Venice Biennale: Tavares Strachan for the inaugural pavilion for The Bahamas in 2013, and Patricia Cronin’s 2017 collateral event Shrine for Girls. He was also a Director for North America for Eyestorm Inc. and Artnet.com and has worked Princeton University Art Museum and Zimmerli Art Museum.
Number of employees
Source: IRS Form 990
THE ART STUDENTS LEAGUE OF NEW YORK
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
THE ART STUDENTS LEAGUE OF NEW YORK
Highest paid employeesSOURCE: IRS Form 990
Compensation data
THE ART STUDENTS LEAGUE OF NEW YORK
Board of directorsas of 08/03/2023
Board of directors data
Ms. Robin Lechter Frank
Robin L. Lechter Frank
Jack Gordon
Jacquetta Szathmari
Jack Howard-Potter
Yoko Cohen
Stephen Durkee
Harriet Lester
Jonathan Spies
Patricia Van Ardoy
Alan Katz
Dana Sachs
Contractors
Fiscal year endingProfessional fundraisers
Fiscal year endingSOURCE: IRS Form 990 Schedule G