Overview
What is New Art Dealers Alliance Inc?
New Art Dealers Alliance Inc, headquartered in New York City, is a distinguished nonprofit organization dedicated to fostering emerging voices in contemporary art. With over 100 members from various cities worldwide, including New York, they promote art talks, gallery walks, and educational initiatives. Their annual art fair in Miami, held in conjunction with Art Basel Miami Beach, showcases innovative and under-exposed artworks by rising stars in the industry, attracting influential art collectors. The fair's non-profit status, open character, and collaborative approach have revolutionized the industry. New Art Dealers Alliance Inc aspires to nurture an international community based on collaboration, openness, and accessibility, embodying a genuine concern for the future of arts.
Official website here: www.newartdealers.org
Is New Art Dealers Alliance Inc legitimate?
New Art Dealers Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Art Dealers Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $178,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $367,950
For more financial information, click here
Official website here: www.newartdealers.org
What is the mission statement of New Art Dealers Alliance Inc?
The New Art Dealers Alliance (NADA) is a non-profit organization with a mission to promote and foster new voices in contemporary art. Their primary goal is to establish an open dialogue and collaboration within the art industry, encompassing various entities such as large galleries, small spaces, and both non-profit and commercial entities. NADA believes that the adversarial approach to exhibiting and selling art has reached its limits, and change can be achieved through constructive thought and dialogue. They aim to cultivate a stronger sense of community among their constituency, ultimately contributing to the advancement of contemporary art.
Official website here: www.newartdealers.org
Who is the CEO of New Art Dealers Alliance Inc?
Heather Hubbs is the Co-President of New Art Dealers Alliance Inc.
Official website here: www.newartdealers.org
What is the revenue of New Art Dealers Alliance Inc?
New Art Dealers Alliance Inc's revenue in 2022 was $4,317,611.
Official website here: www.newartdealers.org
Who are the executives of New Art Dealers Alliance Inc and what are their salaries?
The average compensation at New Art Dealers Alliance Inc during 2022 was $68,367. There are 8 employees and 13 volunteers at New Art Dealers Alliance Inc.
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- Compensation: $156,000
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- Other: $22,989
Official website here: www.newartdealers.org
Where can I find the form 990 for New Art Dealers Alliance Inc?
New Art Dealers Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newartdealers.org
Learn more at the official website: www.newartdealers.org
Mission Statement of New Art Dealers Alliance Inc
The New Art Dealers Alliance (NADA) is a prominent non-profit organization committed to championing emerging voices in contemporary art. Their mission is multifaceted, encompassing the promotion of an open exchange of information, support, and collaboration within the art industry. NADA operates on the belief that the adversarial approach to exhibiting and selling art has reached its limit, and that positive change can be achieved through fostering constructive dialogue and thought among various sectors of the art world, including large galleries, small spaces, non-profit and commercial entities alike. This non-profit organization strives to create a stronger sense of community among its constituency, aiming to break down barriers and promote unity in the realm of contemporary art.
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Impact
October, 2024
New Art Dealers Alliance Inc. (NADA) has established a significant impact on the contemporary art landscape by fostering a supportive community for emerging voices in the art world. By bringing together young gallery directors, independent curators, and new galleries from across the globe, NADA cultivates an environment that encourages collaboration and innovation.
The organization hosts year-round programming, including artist talks and gallery walks with prominent curators, enhancing professional development and ethical practices among its members. This commitment extends to educational initiatives and benefits that support charitable institutions, showcasing NADA's dedication to community engagement and the arts.
NADA's flagship event, the art fair held in Miami, stands out as a vital platform for new and underexposed art, positioning itself as a counter-narrative to established art festivals. With its emphasis on youth and accessibility, the fair attracts a diverse audience, including both seasoned collectors and newer enthusiasts seeking engagement with contemporary art. The economic success of the fair, demonstrated by significant sales growth, reflects its ability to connect emerging artists and galleries with influential collectors, ultimately transforming the industry and enhancing the visibility of innovative art practices.
Through its initiatives, NADA contributes to a redefined art market focused on openness and collaboration, thus ensuring a vibrant future for contemporary art.
This information is meant to be a general summary of New Art Dealers Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16,063
- Program Service Revenue: $4,073,504
- Gross Receipts: $4,330,367
Assets and Liabilities:
- Total Assets: $2,709,134
- Total Liabilities: $258,485
- Net Assets: $2,450,649
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ART FAIR REVENUE
Revenue
$3,660,035
SPONSORSHIP INCOME
Revenue
$247,936
MEMBERSHIP REVENUE
Revenue
$138,868
PROGRAM SERVICE FEES
Revenue
$26,665
Organization Details
Founding Year
2004
Phone
(212) 594-0883Principal Officer
Heather Hubbs
Main Address
311 EAST BROADWAY 3 FL, NEW YORK, NY, 10002
Website
www.newartdealers.orgNTEE Category
Code: S41 - Community improvement
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