2024-05-08T13:57:09-04:00 2023-12-31 271907983 Sungdoh Accounting & Consulting Inc 445 Northern Blvd Ste 15 Great Neck NY 11021 990 2023-01-01 205292405 NARS FOUNDATION INC NARS 201 46TH ST STE 4FL Brooklyn NY 11220 JUNHO LEE FOUNDING DIRECT 7187682765 2024-05-08 false JUNHO LEE XXX-XX-XXXX true Sungdoh Kim P00621136 7182243399 2024-05-08 2 00 AAL1 IAL1 2023 2023-04-26 12:10:37Z JUNHO LEE 355287 false X NARSFOUNDATION.ORG X 2006 NY SUPPORTING ARTISTS AND CURATORS ON AN INTERNATIONAL LEVEL AS WELL ENGAGING THE LOCAL COMMUNITY IN BROOKLYN AND THE GREATER NEW YORK AREA. NARS PROVIDES AN ARRAY OF CREATIVE SUPPORT SERVICES AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR EMERGING AND MID-CAREERBROOKLYN AND NY. 7 7 3 0 0 165363 166550 120177 188736 503 1 0 286043 355287 0 0 122150 139923 0 0 155944 155638 278094 295561 7949 59726 65078 107768 21181 4145 43897 103623 X SUPPORTING ARTISTS AND CURATORS ON AN INTERNATIONAL LEVEL AS WELL ENGAGING THE LOCAL COMMUNITY IN BROOKLYN AND THE GREATER NEW YORK AREA. NARS PROVIDES AN ARRAY OF CREATIVE SUPPORT SERVICES AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR EMERGING AND MID-CAREERBROOKLYN AND NY. false false 210093 188736 STUDIO PROGRAM PROVIDES A CREATIVE AND SUPPORTIVE WORK ENVIRONMENT FOREMERGING AND MID-CAREER ARTISTS BY PROVIDING AFFORDABLE, LONG-TERM WORKSPACES THAT ARE DESIGNED TO FOSTER MULTICULTURAL DIALOGUE AND DYNAMICCROSS POLLINATION OF IDEAS AMONG THE ARTISTS IN THE STUDIO PROGRAM ANDWITH THE PROFESSIONAL ARTIST COMMUNITY AT LARGE. THE PROGRAM PROVIDES APLATFORM FOR DEVELOPING, CREATING, AND SHARING CUTTING- EDGECONTEMPORARY ARTWORKS IN A SUPPORTIVE AND STABLE COMMUNITY.PROFESSIONAL DEVELOPMENT PROGRAMS FOR EMERGING AND UNDERREPRESENTEDARTISTS FROM AROUND THE WORLD THROUGH ITS INTERNATIONAL ARTISTSRESIDENCY PROGRAM, ARTISTS SALONS, AND EXHIBITION PROGRAMS. THE VARIOUSARTISTS THROUGH SHORT-TERM INTEGRATED RESIDENCY PROGRAMS, AFFORDABLELONG-TERM STUDIO SPACES, PROGRESSIVE EXHIBITION PROGRAMS, INTERNATIONALEXCHANGES, AND ENGAGING PUBLIC PROGRAMS THAT FOSTER GLOBALUNDERSTANDING AND DYNAMIC CROSS-CULTURAL DIALOGUES. 210093 true true false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 7 0 false 3 true false false false false false false false false X 7 7 false false false false false false false true true false false true true true true false false false false false NY X X JUNHO LEE 7187682765 201 46TH ST Brooklyn NY 11220 JUNHO LEE FOUNDING DIRECTOR 40.00 0.00 X X 43002 0 0 ED RUBIN DIRECTOR 2.00 0.00 X 0 0 0 CHONGHUN DANIEL SONG DIRECTOR 2.00 0.00 X 0 0 0 THOMAS ARNOLD CHAIR 2.00 0.00 X X 0 0 0 SYLVIA SOYEON KIM DIRECTOR 2.00 0.00 X X 0 0 0 NICHOLAS TOURON SECRETARY 2.00 0.00 X X 0 0 0 HYEWON YI DIRECTOR 7.00 0.00 X 0 0 0 43002 0 0 0 false false false 166550 166550 PROGRAM SERVICE 900099 188736 188736 188736 1 1 355287 188736 0 1 X 128836 90185 38651 11087 7761 3326 7000 7000 5360 5360 38810 38810 1855 1855 4889 4718 171 392 392 88048 61634 26414 4738 4738 1544 1544 MAINTENANCE 1008 1008 BANK AND OTHER FEES 1994 1994 295561 210093 85468 0 55933 83768 128184 128184 9145 24000 65078 107768 1606 19575 4145 21181 4145 X 43897 103623 43897 103623 65078 107768 59726 0 X false false false X 21346 15904 41857 165363 166550 411020 209272 101652 108317 120177 188736 728154 230618 117556 150174 285540 355286 1139174 6700 7640 5825 43286 54942 118393 6700 7640 5825 43286 54942 118393 1020781 37 40 35 503 1 616 37 40 35 503 1 616 230655 117596 150209 286043 355287 1139790 0.89560 0.90040 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 128184 128184 Security Deposit 24000 24000 payroll tax payable 4145 4145 Form 990 governing body review Part VI line 11 A COPY OF THE FORM 990 SHOULD BE PROVIDED TO THE ORGANIZATIONS GOVERNING BODY BEFORE IT IS FILED Conflict of interest policy compliance Part VI line 12c FORM 990, PART VI, SECTION B, LINE 12C:THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORINGKNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSEDINFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION ISMADE AS TO WHETHER TO APPROVE THE TRANSACTION. Governing documents etc available to public Part VI line 19 FORM 990, PART VI, SECTION C, LINE 19:THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, ANDFINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. List of other fees for services expenses Part IX line 11g Honorarium or fees are rendered to artist, designer, web master, writer, photographer, teaching artist, curator, independent contractor and intern for the program. Part III response or note to any other line in Part III FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:ARTISTS THROUGH SHORT-TERM INTEGRATED RESIDENCY PROGRAMS, AFFORDABLELONG-TERM STUDIO SPACES, PROGRESSIVE EXHIBITION PROGRAMS, INTERNATIONALEXCHANGES, AND ENGAGING PUBLIC PROGRAMS THAT FOSTER GLOBALUNDERSTANDING AND DYNAMIC CROSS-CULTURAL DIALOGUES. THESE SERVICESOPERATE IN CONJUNCTION WITH OUR COMMUNITY OUTREACH INITIATIVES TOPROMOTE GREATER ACCESSIBILITY TO CONTEMPORARY ART FOR THE UNDER-SERVEDLOCAL COMMUNITY IN SOUTH BROOKLYN. OUR MISSION IS TO PRESENT DIVERSEPLATFORMS ON WHICH TO NURTURE CREATIVE INSPIRATION AND INNOVATIVECROSS-POLLINATION OF IDEAS. PROGRAMS ARE DESIGNED TO ENCOURAGE GREATER EXPOSURE FOR THEPARTICIPATING ARTISTS WHILE PROVIDED SUPPORTIVE PROFESSIONALDEVELOPMENT SERVICES SUCH AS STUDIO VISITS FROM PROMINENT CURATORS, ARTCRITICS, GALLERIST, AND ART HISTORIANS; OPEN STUDIO EVENTS; ARTISTTALKS; CURATOR TALKS; PANEL DISCUSSIONS; WORKSHOPS & SEMINARS; TEACHINGOPPORTUNITIES; COLLABORATIONS WITH INTERNATIONAL ORGANIZATIONS; ANDVARIOUS EXHIBITION OPPORTUNITIES. IT ALSO PROVIDES THE THE GREATER NEWYORK COMMUNITY WITH ACCESS TO THE HIGHEST CALIBER OF INTERNATIONALARTISTS. CONTEMPORARY ARTS FOR THE WORKING CLASS COMMUNITY IN BROOKLYN THROUGHFREE SATURDAY FAMILY WORKSHOPS AND IN-SCHOOL PROGRAMMING AT LOCAL K-12PUBLIC SCHOOLS. THE EDUCATIONAL MISSION IS TO IMPART CREATIVE PROBLEMSOLVING SKILLS THROUGH HAND-ON AND OBJECT BASED VISUAL ARTS WORKSHOPSTO ECONOMICALLY DISADVANTAGES AND UNDERSERVED CHILDREN AND THEIRFAMILIES WHILE PROVIDING AN ALTERNATIVE CREATIVE OUTLET FOR AT-RISKYOUTHS. PARTICIPANTS COME AWAY FROM THE PROGRAM WITH A GREATER SENSE OFSELF-CONFIDENCE, EXPOSURE TO DIFFERENT PERSPECTIVES FROM AROUND THEGLOBE, AND A MEANINGFUL EXPERIENCE IN ESSENTIAL SKILL SETS SUCH ASEXAMINATION, EVALUATION, AND CREATIVELY PROBLEM SOLVING THAT ARE KEY TOTHEIR FUTURE SUCCESS. Part VI response or note to any other line in Part VI FORM 990, PART VI, SECTION B, LINE 11B:THE FORM 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEWFINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL FORM 990 (FILED WITHTHE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION.IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IFTHERE ARE ANY MATERIAL CHANGES, AN AMENDED FORM 990 WILL BE FILED.