Great Neck Center For The Visual & Performing Arts Inc
- Assets
- $591.3k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Great Neck, NY
- Founding
- 01/1994
- Data as of
- 12/2023
- EIN
- 11-3138443
Organization Overview
Great Neck Center For The Visual & Performing Arts Inc is located in Great Neck, NY. The organization was established in 1994. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Great Neck Center For The Visual & Performing Arts Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Neck Center For The Visual & Performing Arts 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 12/2023, Great Neck Center For The Visual & Performing Arts Inc generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $990.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT CULTURAL AND EDUCATIONAL ACTIVITIES IN THE VISUAL AND PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER OFFERS A SCHOOL FOR THE ARTS. CLASSES IN DRAWING, PAINTING, CLAY, CHILDRENS THEATER, ARTS, DANCE, MUSIC, COMPUTER GRAPHICS AND MANY OTHER AREAS ARE OFFERED. TOTAL BENEFITED: APPROXIMATELY 850 STUDENTS.
THE CENTER OFFERS A WIDE RANGE OF PERFORMING ARTS PROGRAMS INCLUDING FILM, CONCERTS, THEATER AND DANCE RECITALS ADDRESSING THE NEEDS OF GREAT NECKS MULTI-GENERATIONAL POPULATION. TOTAL BENEFITED APPROXIMATELY 7,200.
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 T Lamoretti Director | Trustee | 1 | $0 |
Alan Mindel Director | Trustee | 1 | $0 |
Patricia Schneider Director | Trustee | 1 | $0 |
Judi Liman Director | Trustee | 1 | $0 |
Eileen Sarroff Director | Trustee | 1 | $0 |
Jean Celender Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $70,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,239 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,239 |
| Total Program Service Revenue | $852,809 |
| Investment income | $14,556 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,007,604 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $85,000 |
| Compensation of current officers, directors, key employees. | $68,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $558,770 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,974 |
| Payroll taxes | $33,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,596 |
| Advertising and promotion | $17,435 |
| Office expenses | $4,071 |
| Information technology | $8,660 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,896 |
| Insurance | $29,654 |
| All other expenses | $64,558 |
| Total functional expenses | $990,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $539,404 |
| Savings and temporary cash investments | $0 |
| 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 | $30,770 |
| Net Land, buildings, and equipment | $21,122 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $591,296 |
| Accounts payable and accrued expenses | $19,178 |
| Grants payable | $0 |
| Deferred revenue | $45,169 |
| 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 | $64,347 |
| Net assets without donor restrictions | $526,949 |
| Net assets with donor restrictions | $0 |
| 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 | $591,296 |