Arts Project Of Cherry Grove Inc
- Assets
- $291.7k
- Revenue
- $192.9k
- Investments
- $146.3k
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1981
- Data as of
- 12/2022
- EIN
- 11-2468118
Organization Overview
Arts Project Of Cherry Grove Inc is located in New York, NY. The organization was established in 1981. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Project Of Cherry Grove Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Arts Project Of Cherry Grove Inc generated $192.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $175.1k during the year ending 12/2022. While expenses have increased by 11.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROMOTES ARTS AND CULTURE IN THE HAMLET OF CHERRY GROVE, NY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERALLY, THE ORGANIZATION (APCG) HOSTS THEATRICAL PROGRAMS INVOLVING COMMUNITY MEMBERS. APCG ALSO PRODUCES SPECIAL EVENTS WITH PERFORMERS FROM OUTSIDE THE COMMUNITY. APCG HOSTS PERIODIC MEMBERSHIP EVENTS. APCG SPONSORED A PRIDE PARADE. APCG FORMED A COMMITTEE TO FOCUS ON DIVERSITY, EQUITY AND INCLUSION, WHICH INCLUDED EDUCATIONAL PROGRAMS AND A JUNETEENTH CELEBRATION. APCG ACTED AS A FISCAL SPONSOR FOR ANOTHER ORGANIZATION, MULTIGENERATIONAL SUMMER STOCK THEATER, AND OVERSAW RELATED DISBURSEMENTS. APCG MAINTAINS THE CHERRY GROVE ARCHIVES, A HISTORICAL RECORD OR THE COMMUNITY'S HISTORY AND MEMBERS. APCG MAINTAINS SPACE FOR VARIOUS COMMUNITY ORGANIZATIONS TO HOLD MEETINGS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Moran President | OfficerTrustee | 5 | $0 |
Susan Panzer Vice President | OfficerTrustee | 5 | $0 |
Eric Coyne Treasurer | OfficerTrustee | 5 | $0 |
Kyle Torrence Corresponding Secretary | OfficerTrustee | 5 | $0 |
Matt Freeman Recording Secretary | OfficerTrustee | 5 | $0 |
Jack Bartholet Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $50 |
| Membership dues | $15,010 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $157,705 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,765 |
| Total Program Service Revenue | $4,000 |
| Investment income | $7,184 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,754 |
| Net Income from Fundraising Events | $20,938 |
| Net Income from Gaming Activities | $2,368 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $192,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,150 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,800 |
| Advertising and promotion | $1,910 |
| Office expenses | $3,070 |
| Information technology | $1,042 |
| Royalties | $0 |
| Occupancy | $40,092 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,945 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,332 |
| Insurance | $7,736 |
| All other expenses | $7,148 |
| Total functional expenses | $175,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,680 |
| Savings and temporary cash investments | $2,442 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $39,665 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $146,269 |
| Investments—program-related | $0 |
| Intangible assets | $9,625 |
| Other assets | $0 |
| Total assets | $291,681 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $194,800 |
| Net assets with donor restrictions | $96,881 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $291,681 |
Grants Awarded
Over the last fiscal year, Arts Project Of Cherry Grove Inc has awarded $31,055 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LYNN LEWIS FOUNDATION INC PURPOSE: BREAST CANCER AWARENESS | $23,800 |
RED DOOR COMMUNITY PURPOSE: CANCER SUPPORT GROUPS | $7,255 |