Fractured Atlas Inc

Organization Overview

Fractured Atlas Inc is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2022, Fractured Atlas Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fractured Atlas 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 08/2022, Fractured Atlas Inc generated $36.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $30.5m during the year ending 08/2022. While expenses have increased by 4.3% per year over the past 7 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.

Since 2015, Fractured Atlas Inc has awarded 3,292 individual grants totaling $104,896,516. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF FRACTURED ATLAS IS TO MAKE THE JOURNEY FROM INSPIRATION TO PRACTICE MORE ACCESSIBLE AND EQUITABLE FOR ARTISTS AND CREATIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FRACTURED ATLAS SERVES AS THE FISCAL SPONSOR TO 3,539 INDIVIDUAL ARTISTS AND ARTS ORGANIZATIONS AROUND THE UNITED STATES. FRACTURED ATLAS RECEIVES, HOLDS, AND DISTRIBUTES GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS.


PROCESSING CONSULTATION/NO OBJECTION LETTERS FOR O & P VISAS FOR INDIVIDUALS APPLYING TO WORK AS ARTISTS IN THE UNITED STATES.


IN DECEMBER 2021, FRACTURED ATLAS JOINED THE ANDREW W. MELLON FOUNDATION FOR AN INDEPENDENT RESEARCH PROJECT TO REIMAGINE THE SUPPORT LANDSCAPE FOR ARTISTS THROUGH TECHNOLOGY. THIS 3-YEAR GRANT WILL BE A SHARED EXPLORATION WITH MELLON AND OTHER ARTS ORGANIZATIONS INTO WHAT'S NEXT IN THE ROBUST SERVICE AND SUPPORT OF WORKING ARTISTS.


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Board, Officers & Key Employees

Name (title)Compensation
Theresa Hubbard
Ceo/board Me
$190,200
Mukti Khaire
Treasurer
$0
Ramphis Castro
Vice Chair
$0
Russell Willis Taylor
Chair
$0
E Andrew Taylor
Executive Tr
$0
Lisa Yancey
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$626,511
Fundraising events$0
Related organizations$0
Government grants $1,122,302
All other contributions, gifts, grants, and similar amounts not included above$33,075,981
Noncash contributions included in lines 1a–1f $533,240
Total Revenue from Contributions, Gifts, Grants & Similar$34,824,794
Total Program Service Revenue$442,675
Investment income $416,950
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $673,459
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,358,780

Grants Awarded

Over the last fiscal year, Fractured Atlas Inc has awarded $18,136,214 in support to 407 organizations.

Grant RecipientAmount

NEW TECH INNOVATION LLC

|

|

$2,887,194

CRENSHAW DAIRY MART LLC

|

|

$1,196,469

THE FAITH MATTERS NETWORK

|

|

$747,906

NATIONAL BLACK CULTURAL INFO

Org PageRecipient Profile

Waldorf, MD

|

$461,175

CYLAND FOUNDATION INC

|

|

$437,701

BLACK ROCK ARTS FOUNDATION INC

Org PageRecipient Profile

Brooklyn, NY

|

$350,938
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Fractured Atlas Inc has recieved totaling $40,500.

Awarding OrganizationAmount
Chanel Family Foundation

New York, NY

PURPOSE: GENERAL USE

$20,000
Chanel Family Foundation

New York, NY

PURPOSE: GENERAL USE

$20,000
Joseph J Peltz Foundation Inc

Port Washington, NY

PURPOSE: TO ASSIST ORG IN CHARITABLE PURPOSE

$500
View Grant Recipient Profile

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