Bronx Museum Of The Arts
- Assets
- $5.8m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 119
- Location
- Bronx, NY
- Founding
- 03/1973
- Data as of
- 06/2021
- EIN
- 13-2709368
Organization Overview
Bronx Museum Of The Arts, operating under the name Contemporary Art Museum, is located in Bronx, NY. The organization was established in 1973. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Contemporary Art Museum employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Contemporary Art Museum 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 06/2021, Contemporary Art Museum generated $3.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $2.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM'S EXHIBITIONS WERE ACCOMPANIED BY GALLERY TOURS CONDUCTED BY ARTISTS, CURATORS AND EDUCATORS; FILM SCREENINGS; WORKSHOPS; ARTIST DISCUSSIONS AND PANELS; READINGS AND PERFORMANCES. FOLLOWING THE ONSET OF COVID-19 AND THE CURTAILMENT OF THE MUSEUM'S REGULAR EXHIBITION PROGRAMMING IN LATE MARCH, THESE ACTIVITIES WERE REPLACED BY A SERIES OF ONLINE, VIRTUAL PROGRAMS AND COMMUNITY ACTIVITIES. DURING FISCAL YEAR 2021, THE MUSEUM PRESENTED THE FOLLOWING EXHIBITIONS: JOS PARLA: IT'S YOURS; SANFORD BIGGERS: CODESWITCH; SHAUN LEONARDO: THE BREATH OF EMPTY SPACE; WHAT WE CALL HOME: TEENS CURATE THE COLLECTION; WARDELL MILAN: AMERIKA. GOD BLESS YOU IF IT'S GOOD TO YOU; AND BORN IN FLAMES: FEMINIST FUTURES.
ONGOING EDUCATION PROGRAMS INCLUDED THE GROUP VISITS PROGRAM; FAMILY AFFAIR; TEEN SUMMER PROGRAM; SCHOOL PARTNERSHIPS WITH PS 73 AND IS 218; AND AFTER-SCHOOL PROGRAMS SUCH AS TEEN COUNCIL, THE CASA PROGRAM WITH PS 73, AND TEEN THURSDAYS. THROUGH THE CITY-WIDE ART A CATALYST FOR CHANGE ANTI-GUN VIOLENCE INITIATIVE, FOUR AFTER-SCHOOL PROGRAMS CONTINUED WITH LOCAL PUBLIC SCHOOLS: I.S. 218, MS 301, MS 22, AND SCHOOL FOR EXCELLENCE HIGH SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Klaudio Rodriguez Executive Director | Officer | 70 | $171,386 |
Alan Highet CFO & General Counsel | Officer | 70 | $171,279 |
Alan Yamahata Director, Head Of Development | 70 | $140,589 | |
Shirley Solomon Deputy Director | 70 | $121,338 | |
Joseph Mizzi Board Chair | OfficerTrustee | 15 | $0 |
Alessandra Digiusto Board Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kc Fabricators Sculpture Fabricators | 6/29/17 | $555,380 |
Sound Refrigeration & Air Conditioning Hvac Contractors | 6/29/17 | $287,931 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,475 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,618,765 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,986,358 |
| Noncash contributions included in lines 1a–1f | $646,330 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,609,598 |
| Total Program Service Revenue | $0 |
| Investment income | $47,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,000 |
| Net Gain/Loss on Asset Sales | -$22,821 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,652,365 |
| 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. | $459,465 |
| Compensation of current officers, directors, key employees. | $55,746 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,118,764 |
| Pension plan accruals and contributions | $53,232 |
| Other employee benefits | $177,449 |
| Payroll taxes | $113,568 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $550 |
| Fees for services: Accounting | $31,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $164,355 |
| Advertising and promotion | $61,083 |
| Office expenses | $167,084 |
| Information technology | $22,449 |
| Royalties | $0 |
| Occupancy | $155,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,676 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,672 |
| Insurance | $139,114 |
| All other expenses | $57,529 |
| Total functional expenses | $2,804,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,544 |
| Savings and temporary cash investments | $250,459 |
| Pledges and grants receivable | $244,537 |
| Accounts receivable, net | $188,613 |
| 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 | $86,313 |
| Net Land, buildings, and equipment | $798,445 |
| Investments—publicly traded securities | $4,081,840 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,793,751 |
| Accounts payable and accrued expenses | $543,220 |
| 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 | $543,220 |
| Net assets without donor restrictions | $3,577,991 |
| Net assets with donor restrictions | $1,672,540 |
| 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 | $5,793,751 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Bronx Museum Of The Arts has recieved totaling $368,318.
| Awarding Organization | Amount |
|---|---|
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $100,000 |
Donald A Pels Charitable Tr 081892 Harrison, NY PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
Milton And Sally Avery Arts Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $50,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $35,000 |
Mertz Gilmore Foundation New York, NY PURPOSE: BRONX MUSEUM OF THE ARTS CO-LAB PROGRAM | $25,000 |
The Laurie M Tisch Foundation Inc New York, NY PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES. | $25,000 |
Endowment Analysis
| Beg. Balance | $1,045,902 |
| Earnings | $239,614 |
| Other Expense | $50,000 |
| Ending Balance | $1,235,516 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Fine Arts Academy Buffalo, NY | $293,134,468 | $30,844,940 |
New Museum Of Contemporary Art New York, NY | $107,362,095 | $41,908,538 |
Institute Of Contemporary Art Boston, MA | $121,321,339 | $26,427,567 |
Museum Of Arts And Design New York, NY | $100,702,289 | $12,680,439 |
Wadsworth Atheneum Museum Of Art Hartford, CT | $165,426,651 | $15,147,902 |
Neue Galerie New York New York, NY | $114,494,920 | $18,242 |
Worcester Art Museum Worcester, MA | $148,643,203 | $30,005,812 |
International Center Of Photography New York, NY | $72,245,409 | $16,287,723 |
Doris Duke Foundation For Islamic Art New York, NY | $38,632,422 | $9,089,054 |
Storm King Art Center New Windsor, NY | $80,583,864 | $14,230,209 |
Fellowship For The Performing Arts Inc New York, NY | $15,555,732 | $10,766,818 |
Ps1 Contemporary Art Center Inc Long Island City, NY | $7,393,924 | $9,638,266 |