2024-12-05T15:02:52+00:00 2024-06-30 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2023-07-01 223903993 United States Artists Inc UNIT 3124706325 200 WEST MADISON STREET FL 3 CHICAGO IL 60606 JUDILEE REED President and CEO 3124706325 2024-12-05 true true Jennifer Burke P01342224 3128997000 2024-12-05 2023 2024-10-15 13:58:12Z JUDILEE REED 200 WEST MADISON STREET FL 3 CHICAGO IL 60606 17531946 false X WWW.UNITEDSTATESARTISTS.ORG X 2004 DE WE BELIEVE IN ARTISTS AND THEIR ESSENTIAL ROLE IN OUR SOCIETY. EACH YEAR, WE AWARD UP TO FIFTY $50,000 UNRESTRICTED FELLOWSHIPS TO THE MOST COMPELLING ARTISTS WORKING AND LIVING IN THE UNITED STATES, IN ALL DISCIPLINES, AT EVERY STAGE OF THEIR CAREER. 10 10 22 12 0 0 13569942 4946896 2177023 5285638 378150 499266 0 16125115 10731800 3500000 6250000 0 2136678 1923618 0 731726 1421588 2310785 7058266 10484403 9066849 247397 50662190 55778120 5416856 6426730 45245334 49351390 X TO INVEST IN AMERICA'S FINEST ARTISTS AND ILLUMINATE THE VALUE OF ARTISTS TO SOCIETY. false true 3365286 2550000 USA FELLOWSHIPS ARE $50,000 UNRESTRICTED AWARDS FOR INDIVIDUAL ARTISTS AND COLLABORATIVES ACROSS THE UNITED STATES AND ITS TERRITORIES AND AWARDED IN THE FOLLOWING DISCIPLINES: ARCHITECTURE, CRAFTS, DANCE, FILM, MEDIA, MUSIC, THEATER AND PERFORMANCE, TRADITIONAL ARTS, VISUAL ART, AND WRITING. THEY ARE AWARDED TO ARTISTS AT ANY CAREER STAGE --EMERGING, MID-CAREER, AND ESTABLISHED. EACH YEAR, THE FELLOWSHIP RECOGNIZES ARTISTS WHO DEMONSTRATE ARTISTIC EXCELLENCE, INNOVATIVE VISION, SIGNIFICANT IMPACT TO THE CULTURAL LANDSCAPE, AND PROFESSIONAL MOMENTUM. USA BERRESFORD PRIZE IS AN ANNUAL AWARD THAT HONORS CULTURAL PRACTITIONERS WHO HAVE CONTRIBUTED SIGNIFICANTLY TO THE ADVANCEMENT, WELLBEING, AND CARE OF ARTISTS IN SOCIETY. 5008517 3700000 5008518 COLLABORATIVE PROJECTS TO CONSULT WITH OTHER ORGANIZATIONS TO CREATE, DOCUMENT AND FACILITATE THE NEW ARTIST AWARD INITIATIVES. 277120 277120 The National Arts Policy Alliance (NAPA) and Artists Capital Funds (ACF) are collaborative projects with organizations and individuals in the field of arts and culture, focused on researching existing policy and financial barriers facing individual artists. NAPA evaluates the need for an organization that connects artists with research, policy, and coalition resources to support gig-economy artists. ACF examines challenges related to cash flow, growth, and sustainability while reviewing existing resources and potential improvements to financial resources for artists. Together, NAPA and ACF aims to build research and program infrastructure that enhances the economic well-being of artists and strengthens their essential role in society. 8650923 true true false false false false false false true true true false false true false true false false false true false false false false false false false true true false false false false false false false false true false false false false false false false false true 211 0 true 22 true false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true false false CA CO CT DC FL GA AL HI IL KS KY ME AK MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA AR WA WV WI X Judilee Reed 3124706325 200 WEST MADISON STREET FL 3 CHICAGO IL 60606 David Horvitz Secretary 1.0 X X 0 0 0 Diane Kaplan Treasurer (Thru April 2024) 2.0 X X 0 0 0 Edward P Henry Chair 4.0 X X 0 0 0 Angelique Power Trustee 1.0 X 0 0 0 Ann Hamilton Trustee 1.0 X 0 0 0 Jack Guthman Trustee (thru April 2024) 1.0 X 0 0 0 Jean McLaughlin Trustee (Thru Dec 2023) 1.0 X 0 0 0 Joan Shigekawa Trustee 1.0 X 0 0 0 Michelle Boone Trustee 1.0 X 0 0 0 Natalie Diaz Trustee 1.0 X 0 0 0 Rosalba Rolon Trustee 1.0 X 0 0 0 Samuel Hoi Trustee 1.0 X 0 0 0 Susan V Berresford Trustee (Thru April 2024) 1.0 X 0 0 0 Todd Simon Trustee 1.0 X 0 0 0 Anna Harris Finance Director 40.0 X 128251 0 19967 Judilee Reed President and CEO 40.0 X 270777 0 33274 Rachel Denny Development Director 40.0 X 119737 0 12888 Michael Pusey Assistant Director (Thru March 2023) 40.0 X 127221 0 7834 645986 0 73963 4 true true false 0 4946896 1098647 4946896 Program Service Revenue 900099 5285638 5285638 0 0 0 0 5285638 592120 592120 0 0 5893000 814292 5893000 907146 0 -92854 -92854 -92854 0 0 0 0 0 10731800 5285638 0 499266 6250000 6250000 599091 157191 210400 231500 908879 655131 78986 174762 132324 62934 31140 38250 175931 67945 78484 29502 107393 54190 21338 31865 87500 87500 26976 26801 175 151987 16770 127364 7853 110662 110662 996761 849536 60510 86715 500 500 26282 7678 14298 4306 61389 34649 14641 12099 85871 85871 133038 64089 29025 39924 70227 37438 16662 16127 8391 8391 17339 17339 HONORARIA 265773 264523 1250 WEBSITE DEVELOPMENT 208374 95638 71085 41651 LICENSE AND FEES 14151 283 13868 BANK FEES 14071 13865 206 31493 6127 9650 15716 10484403 8650923 1101754 731726 4877799 5318124 3759577 7949557 6617467 4380514 263 0 0 0 0 0 35114 21531 43434 36232 11739 7202 15056778 16554570 20303453 21448978 0 0 97644 50662190 55778120 1488418 3325439 3928438 3000841 0 0 0 100450 5416856 6426730 X 8759950 13724311 36485384 35627079 45245334 49351390 50662190 55778120 X 247397 3615612 243047 X false true X true false X 4985160 11875455 3537644 13569942 4946896 38915097 0 0 4985160 11875455 3537644 13569942 4946896 38915097 15496779 23418318 279900 205910 187171 378353 592120 1643454 0 0 0 0 0 0 0 0 0 0 40558551 4122492 0.5774 0.5037 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28185557 2767837 906553 30046841 24652855 3532702 28185557 33706125 50000 -7638270 1465000 24652855 27708723 980000 6767402 1750000 33706125 28382964 775000 165988 1615229 27708723 0.0 0.29 0.71 false false 43434 36232 7202 7202 ALTERNATIVE INVESTMENTS 21448978 F 21448978 RIGHT OF USE LIABILITY 100450 100450 14479797 3615612 0 3615612 10864185 110662 -243047 -132385 10731800 10373741 0 0 10373741 110662 0 110662 10484403 Schedule D, Part X FIN 48 (ASC 740) FOOTNOTE USA has received determination letter from the Internal Revenue Service indicating that it is a not-for-profit entity as described in Section 501(c)(3) of the Internal Revenue Code ("IRC") and is exempt from federal income taxes on related income pursuant to Section 501(a) of the IRC, except for taxes pertaining to unrelated business income. USA follows guidance with respect to accounting for uncertain tax positions. No provision has been made for income taxes in the accompanying financial statements, as USA has had no unrelated business income. Management believes USA has no material unrecognized income tax benefits, including any potential loss of its tax-exempt status. There were no income tax related interest or penalties recognized by USA for the years ended June 30, 2024 and 2023. USA has not been examined by any tax jurisdiction. USA recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. USA recognized and accrued no amounts for interest and penalties as of and for the years ended June 30, 2024 and 2023. USA does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months Schedule D, Part V, Line 4 Intended uses of endowment funds THE USA OPERATING ENDOWMENT FUND WAS INSTITUTED FEBRUARY 2016 TO SUPPORT THE ORGANIZATION'S MISSION. DISTRIBUTIONS FROM THIS ENDOWMENT FUND WILL DEFRAY THE ORGANIZATION'S OPERATING COSTS IN PERPETUITY. THE USA FELLOWSHIP ENDOWMENT FUND ALSO SUPPORTS THE ORGANIZATION'S MISSION. DISTRIBUTIONS FROM THIS ENDOWMENT FUND WILL PROVIDE FUNDS FOR ANNUAL FELLOWSHIPS ALONG WITH ADMINISTRATIVE COSTS TO SELECT, ANNOUNCE AND ADMINISTER THE FELLOWSHIP PROGRAM IN PERPETUITY. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Discount on Pledges Receivable - 204486 Prior Period Adjustment for Discounts on Pledges Receivable - -447533 Central America and the Caribbean 0 0 Investments 8675637 0 0 0 0 0 0 8675637 0 8675637 false false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual true USA Fellow Grant 50 2500000 DFI Grant 20 1000000 Rainin Fellow Grant 4 400000 Maxwell/Hanrahan Award 5 500000 Seed and Bloom Award 10 1800000 Berresford Award 1 50000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The grant awards are unrestricted. A survey of the Fellows is conducted approximately two years after the grant is awarded. X true false false false false false false false false Judilee Reed President and CEO 270777 0 0 0 0 0 30000 0 3274 0 304051 0 0 0 Michael Pusey Assistant Director (Thru March 2023) 27554 0 0 0 99667 0 7645 0 189 0 135055 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment Michael Pusey - separation agreement - 9 months of salary totaling $99,667. X 19179 1098647 Market value 0 false false false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of shares received Form 990, Part III, Line 3 Significant changes in program services Addition of collaborative projects with organizations and individuals in the field of arts and culture, focused on researching existing policy and financial barriers facing individual artists. Together aiming to build research and program infrastructure that enhances the economic well-being of artists and strengthens their essential role in society. Form 990, Part VI, Line 1a Delegate broad authority to a committee Any such committee, to the extent provided in the resolution of the Board, shall have and may exercise all of the powers and authority of the Board in the management of the business and affairs of the Corporation, and may authorize the seal of the Corporation to be affixed to all papers which may require it; but no such committee shall have any power or authority to amend the Certificate of Incorporation or the Bylaws; adopt an agreement of merger or consolidation; sell, lease or exchange all or substantially all of the Corporation's property and assets; dissolve the Corporation or revoke a dissolution; or take any other action which by law may not be taken by a committee of the Board. Form 990, Part VI, Line 11b Review of form 990 by governing body Prior to filing, the Form 990 is prepared by the accounting team and reviewed by the Controller. A complete copy is distributed to Audit Committee members for review, with an opportunity to ask questions and provide feedback before finalization. The audit committee informs the board of the filing in the subsequent board meeting, noting that the Form 990 is available upon request and publicly accessible on Candid's website. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION DISTRIBUTES ITS CONFLICT OF INTEREST POLICY TO ALL OFFICERS AND DIRECTORS AT THE BEGINNING OF EACH FISCAL YEAR. THE POLICY REQUIRES THE OFFICERS AND DIRECTORS TO AFFIRM RECEIPT, UNDERSTANDING AND COMPLIANCE WITH THE POLICY, AND REQUIRES DISCLOSURE OF AFFILIATIONS AND RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICTS. NOTWITHSTANDING USA'S ANNUAL ACTIVE DISTRIBUTION AND COMPLETION OF ITS CONFLICT OF INTEREST POLICY STATEMENT, OFFICERS AND DIRECTORS MAINTAIN AN ONGOING RESPONSIBILITY TO NOTIFY USA OF CHANGES IN THEIR AFFILIATIONS THAT MAY REQUIRE DISCLOSURE TO USA UNDER THE POLICY. CONFLICT OF INTEREST DISCLOSURE FORMS ARE REVIEWED BY THE CHAIR OF THE BOARD OR PRESIDENT OF USA. CONFLICTS OF INTEREST THAT NECESSITATE BOARD AWARENESS AND ACTION ARE PRESENTED TO THE EXECUTIVE COMMITTEE FOR RESOLUTION AND IMPOSITION OF SANCTIONS, IF WARRANTED. ANY POTENTIALLY CONFLICTED BOARD MEMBERS ARE RECUSED FROM BOARD DELIBERATIONS AND VOTING ON ITEMS IN WHICH THEY HAVE A POTENTIAL CONFLICT. Form 990, Part VI, Line 15a Process to establish compensation of top management official Top management position compensation is determined at the Executive Committee level through the evaluation of goals and achievements. The organization relied on Oppenheim's salary surveys at the time of hire, the past salary of the position, and have consequently modified for cost of living and performance adjustments. Changes in salary have been made with discussion by the executive committee and reviewed by the full board in executive session. DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT ARE CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST COMPLETED IN 2021. Form 990, Part VI, Line 19 Required documents available to the public ALL INFORMATIONAL RETURNS AND FINANCIAL STATEMENTS INCLUDING GOVERNING DOCUMENTS SUCH AS THE BYLAWS, IRS DETERMINATION LETTER, GIFT ACCEPTANCE POLICY, CONFLICT OF INTEREST POLICY, WHISTLE BLOWER POLICY AND DOCUMENT RETENTION POLICY ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances DISCOUNT ON PLEDGES RECEIVABLE - 243047; FORM 990, PART VI, LINE 15B PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEES The organization's CEO determines the compensation for all other employees by examining levels of experience and comparable salaries for those levels across comparable national organizations. DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT ARE CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST COMPLETED IN 2021.