Naregatsi Art Institute Inc is a private foundation focused on Arts, Culture & Humanities, based in ENGLEWOOD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it made $194K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42K
-21.2% YoY
Revenue
$189K
-19.7% YoY
Qualifying Distributions
$194K
-17.3% YoY
Expenses
$194K
-17.3% YoY
Under IRS private-foundation payout rules, Naregatsi Art Institute Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Naregatsi Art Institute Inc
Based on IRS filings
Naregatsi Art Institute Inc is a private foundation focused on Arts, Culture & Humanities, based in ENGLEWOOD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it made $194K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,477 | $53,924 | $53,316 |
| Revenue | $189,080 | $235,433 | $169,391 |
| Expenses | $194,320 | $235,095 | $167,882 |
| Qualifying Distributions | $194,321 | $235,095 | $167,882 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,526 | $2,833 | $2,821 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NAREG HARTOUNIAN | FOUNDER | 20 | — |
| SARO HARTOUNIAN | TREASURER | 1 | — |
| JOHN HODIAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Naregatsi Art Institute Inc?
Naregatsi Art Institute Inc is a private foundation focused on Arts, Culture & Humanities, based in ENGLEWOOD, NJ. It holds $42K in total assets as of 2024.
How large is Naregatsi Art Institute Inc?
As of 2024, Naregatsi Art Institute Inc holds $42K in total assets with $189K in annual revenue.
How much is Naregatsi Art Institute Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Naregatsi Art Institute Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Naregatsi Art Institute Inc's EIN?
Naregatsi Art Institute Inc's EIN (Employer Identification Number) is 22-3781955. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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