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Art & Antiquities Blockchain Consortium Inc

EIN 85-2744102 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair63 out of 100GovernanceGood81 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE PURPOSES FOR WHICH THE CORPORATION IS FORMED ARE TO ENGAGE IN SUCH EXCLUSIVELY CHARITABLE, EDUCATIONAL,SCIENTIFIC,OR RELIGIOUS ACTIVITIES OF ANY KIND OR NATURE WHATSOEVER AS QUALIFY IT FOR EXEMPTION FROM TAXATION UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE")OR ANY SUCCESSOR SECTION OR STATUTE OF SIMILAR IMPORT, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C) (3) OF THE CODE &, IN PARTICULAR,THE CORPORATION, BELIEVING THAT CULTURAL ARTIFACTS, CULTURAL PROPERTY, & CULTURAL HERITAGE, INCLUDING BUT NOT LIMITED TO ANTIQUITIES, REQUIRE ENHANCED PROTECTION AGAINST FRAUD, MISUSE, & SECRECY, AIMS TO (1) DEVELOP A NEW OWNERSHIP OF CATALOGUING PARADIGM FOR SUCH OBJECTS DESIGNED TO ENHANCE PUBLIC ACCESS, PRESERVE AND PROTECT PROVENANCE AND RELEVANT HISTORICAL FACTS, PROTECT CULTURAL STAKEHOLDERS, & ENHANCE LEARNING OPPORTUNITIES FOR ALL, (2) EDUCATE STAKEHOLDERS AS TO THE NEW PARADIGM & RELATED ISSUES OF LOOTING & ILLEGAL TRAFFICKING TO PRESERVE CULTURAL HERITAGE.

Income
$4,080
Spending
$70,268
Spent on programs
91%
Reserves
6 months of spending
Largest source of income
donations and private grants, 91%
Employees
0
Volunteers
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

Fair: 63 out of 100. Higher than 31% of charities in its peer group (arts and culture, under $250k).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.0 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 1622% of income.

  • Income trend

    0 of 15

    Income fell 96% on the year before.

  • Spending floor

    15 of 15

    91% 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

Good: 81 out of 100. Higher than 73% of charities in its peer group (arts and culture, under $250k).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or 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 (3)
  1. THE ORGANIZATION COORDINATES RESEARCH AND EDUCATIONAL INITIATIVES REGARDING BLOCKCHAIN TECHNOLOGY AND GUIDING PRINCIPLES FOR CULTURAL PROPERTY, CULTURAL HERITAGE, AND THE CULTURAL ARTIFACT MARKET, WITH A FOCUS ON THE TRACING OF ANTIQUITIES OBJECTS. ANTIQUITIES OBJECTS AND OTHER ARTIFACTS HAVE BEEN TRADITIONALLY FRAUGHT WITH CONCERNS SUCH AS ILLEGAL TRAFFICKING; AND MUSEUMS, SCHOLARS, COLLECTORS, AND OTHER PARTIES AFFECTED BY THE MANAGEMENT OF ANTIQUITIES OBJECTS DON'T HAVE ACCESS TO MANY ROBUST, NEUTRAL RESOURCES THAT TRACE THE PROVENANCE OF SUCH OBJECTS.THROUGH EDUCATION, DISCUSSION, AND ENGAGEMENT, THE ORGANIZATION IS BUILDING AN ADVISORY NETWORK OF LEADING EXPERTS, INSTITUTIONS, TECHNOLOGY FIRMS,ACADEMIA, AND CONSULTANTS TO RESEARCH THIS TOPIC AND DEVELOP A CONSENSUS AS TO SOLUTIONS, INCLUDING THE USE OF BLOCKCHAIN TECHNOLOGY, AS WELL AS DEVELOP RELATED REGULATORY AND ETHICAL STANDARDS WHICH MIGHT ACCOMPANY THE USE OF SUCH TECHNOLOGY IN THE MANAGEMENT OF ANTIQUITIES OBJECTS.THE ORGANIZATION PURSUES ITS OBJECTIVES THROUGH EDUCATIONAL PROGRAMMING SUCH AS LECTURES, PRESENTATIONS, SYMPOSIA, AND PANELS FOR RELEVANT AUDIENCES,INCLUDING BUT NOT LIMITED TO MUSEUMS AND OTHER CULTURAL INSTITUTIONS, EDUCATIONAL INSTITUTIONS, ACADEMIC, PROSPECTIVE AND CONFIRMED MEMBERS, POTENTIALDONORS, PRIVATE WEALTH AND ESTATE ADVISORS, ART MARKET PROFESSIONALS,ETC. 60% IS ALLOCATED TO EDUCATIONAL PURPOSES. 10% TO ADVISORY SERVICES, WORK WITH STAKEHOLDERS 30%.THE ORGANIZATION'S GOAL IN WORKING TOWARDS THE DEVELOPMENT OF A NEUTRAL BLOCKCHAIN TECHNOLOGY IS TO CREATE AN ETHICAL, TRANSPARENT STANDARD FOR THE CULTURAL HERITAGE AND ANTIQUITIES MARKET. THE ORGANIZATION HOPES TO COORDINATE SCIENTIFIC RESEARCH AND OUTREACH EFFORTS INTO OPERATING AND CREATING A NEUTRAL OWNERSHIP PARADIGM CENTERED ON A TRANSPARENT BLOCKCHAIN PROTOCOL, WHICH WILL TRACK AND MANAGE ANTIQUITY OWNERSHIP.
  2. THE HARVARD ART MUSEUMS WAS A PUBLIC PROGRAM WITH PROFESSSOR AMY WHITAKER AND ARTIST KEVIN MCCOY. THE NEXT DAY WAS A WORKSHOP FOR INVITED PARTICIPANTS TO CONTINUE TO LOOK AT NEW MODELS OF REPATRIATION.
  3. $63,925 spent. ON THIS LAND IS A PROJECT THAT ENDEAVORS TO ILLUMINATE UNTOLD HISTORIES AND ENVISION ALTERNATIVE FUTURES FOR THE LANDSCAPE OF PUBLIC REMEMBRANCE BY FABRICATING SITE MARKERS EQUIPPED WITH THE CAPACITY TO STORE ARCHIVAL MATERIALS AND RECORD PERSONAL HISTORIES USING BLOCKCHAIN TECHNOLOGY.

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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.

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.