Bay Shore Schools Arts Endowment Fund Inc is located in Babylon, NY. The organization was established in 1996. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Shore Schools Arts Endowment Fund 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 06/2023, Bay Shore Schools Arts Endowment Fund Inc generated $32.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $36.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (17.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES GRANTS TO ALLOW STUDENTS TO ATTEND VARIOUS THEATER PRODUCTIONS.(GRANTS PAID = TOTAL GRANTS 39,998 LESS BOCES CREDIT 8,980 = 31,018)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Barbash Chairperson | 1 | $0 | |
John H Frazier President | 0.5 | $0 | |
Gregory Singer Vice President | 0.5 | $0 | |
Edward C Kline Director | 0.5 | $0 | |
Bilal Polson Director | 0.5 | $0 | |
Kimberly Davis Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,600 |
| Total Program Service Revenue | $5,406 |
| Membership dues | $0 |
| Investment income | $89 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,095 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,129 |
| Total expenses | $36,647 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $179,696 |
| Other assets | $0 |
| Total assets | $181,696 |
| Total liabilities | $4,500 |
| Net assets or fund balances | $177,196 |