Society for the Arts Ltd
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Promotion of Central Eastern European Culture
- Income
- $56,397
- Spending
- $67,553
- Spent on programs
- 55%
- Reserves
- -21.3 months of spending
- Largest source of income
- fees for its services, 86%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 8 out of 100. Higher than 3% of charities in its peer group (arts and culture, under $250k).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 1280% of what it owns.
Living within its means
0 of 15Spending exceeded income by 20% of income.
Income trend
0 of 15Income fell 65% on the year before.
Spending floor
8 of 1555% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 25 out of 100. Higher than 8% of charities in its peer group (arts and culture, under $250k).
Independent board
5 of 253 of 6 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (6)
- $1,784 spent. Chicago International Documentary Festival docsPace series 4 Virtual free screenig of most interesting new documentaries in a series of presentations with online Q As with filmmakers. April-October Attend. 1000
- $14,766 spent. l Polish Film Festival in America Farewell Screenings Farewell screeningsf the wrold.s most extensive showecase of Polish cinema. Nearly 20 non-commercial screenings, Q A sessions with manu filmakers actors, directors, cinematographers,producers, Gallery Theatre. November-December. Att 2,500
- $3,569 spent. Annual Irish Film Festival. Virtual Screening online Q A with filmakers. March 2024 attend2,000
- Program Service Expenses 5,677, Grants and allocations 0, Revenue 1,586 Posters to Fils by Roman Polanski from the Collection of Tom Startek. Over 120 rare international film posters to movies by directoe Roman Polansk in both Galleries 1112 November-January 2025 Attend. 2,000
- Program Service Expenses 5,676, Grants and allocations 0, Revenue 1,586 Red White. Modern Polish Young Painters. Paintings of various techniques by most outstanding contemporary young Polish artists with lectures and tour guides in both 1112 Galleries. May-August 2025 Att. 2,000
- Program Service Expenses 5,356, Grants and allocations 0, Revenue 1,990 Polish Film Festivals in Ann Arbor, Madison NY, Houston, Pittsburgh. Showcase of contemporary Polish cinema. Various locations co-organization Att 3000
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Society of the Four Arts (Palm Beach, FL), EIN 59-0454318. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.