Lower East Side Printshop Inc
- Assets
- $196.3k
- Revenue
- $672.1k
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 10/1976
- Data as of
- 06/2021
- EIN
- 13-2812419
Organization Overview
Lower East Side Printshop Inc is located in New York, NY. The organization was established in 1976. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Lower East Side Printshop Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lower East Side Printshop 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 06/2021, Lower East Side Printshop Inc generated $672.1k 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 (4.9%) each year. All expenses for the organization totaled $634.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) 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
LOWER EAST SIDE PRINTSHOP INC. SUPPORTS CONTEMPORARY ARTISTS BY ENABLING THEM TO CREATE NEW WORK BY PROVIDING OPEN ACCESS TO STUDIO SPACE, STIPENDS, EXPERTISE IN PRINTMAKING AND EXPOSURE TO OPPORTUNITIES INCLUDING EXHIBITIONS AND THE E/AB FAIR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENCY PROGRAMS AVAILABLE TO ARTISTS, PROVIDE OPEN STUDIO ACCESS, FREE MATERIALS, STIPENDS, EXHIBITION OPPORTUNITIES, AND TECHNICAL ASSISTANCE WITH PRINTMAKING.
EDUCATIONAL PROGRAMS INCLUDE COLLEGE LEVEL INTERNSHIPS, CAREER DEVELOPMENT WORKSHOPS FOR ARTISTS, PRINTMAKING CLASSES FOR ADULTS, AND SPECIALIZED LECTURES FOR COLLEGE AND MUSEUM GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dusica Kirjakovic Executive Dir. | Officer | 0 | $59,527 |
Jill Marino Vice President | Officer | 0 | $0 |
Andrew Porter President/treas | Officer | 0 | $0 |
John Koegel Director | 0 | $0 | |
Jackie Battenfield Director | 0 | $0 | |
David Rios Ferrira Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $151,005 |
| All other contributions, gifts, grants, and similar amounts not included above | $144,808 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,813 |
| Total Program Service Revenue | $375,754 |
| Investment income | $6 |
| 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 | $672,122 |
| 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. | $63,368 |
| Compensation of current officers, directors, key employees. | $3,802 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,969 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,830 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,663 |
| Advertising and promotion | $10,669 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $223,401 |
| Travel | $6,772 |
| 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 | $3,394 |
| Insurance | $7,916 |
| All other expenses | $6,554 |
| Total functional expenses | $634,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,816 |
| Savings and temporary cash investments | $1,715 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,903 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $34,428 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $22,467 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $62,988 |
| Total assets | $196,317 |
| Accounts payable and accrued expenses | $102,075 |
| 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 | $102,075 |
| Net assets without donor restrictions | $94,242 |
| 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 | $196,317 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lower East Side Printshop Inc has recieved totaling $43,027.
| Awarding Organization | Amount |
|---|---|
Leon Polk Smith Foundation Inc New York, NY PURPOSE: FURTHERANCE OF EXEMPT PURPOSE | $25,000 |
Jerome Foundation Inc Saint Paul, MN PURPOSE: SUPPORT FOR VISUAL ARTS ORGANIZATION WORKING WITH EARLY CAREER VISUAL ARTISTS | $16,000 |
Vergel Foundation New York, NY PURPOSE: GENERAL SUPPORT | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quadrivium New York, NY | $52,883,139 | $7,776,109 |
Alliance For Downtown New York Inc New York, NY | $19,570,349 | $22,494,008 |
Cities For Financial Empowerment Fund Inc New York, NY | $14,654,854 | $7,980,604 |
Bottom Line Inc Boston, MA | $17,407,844 | $19,309,420 |
Cidny-Independent Living Services Inc Brooklyn, NY | $9,867,599 | $12,474,702 |
Neighborhood Stabilization Corporation Boston, MA | $29,880,510 | $6,854,139 |
Buffalo Urban Development Corporation Buffalo, NY | $100,186,156 | $9,769,050 |
Berks Community Action Program Inc Reading, PA | $2,377,966 | $7,401,234 |
Juvenile Justice Center Of Phila Philadelphia, PA | $3,150,884 | $6,364,511 |
The Fund For Parks And Recreation In Boston Boston, MA | $15,922,090 | $6,711,889 |
128 West Transportation Council Inc Waltham, MA | $2,138,696 | $3,791,714 |
Mass Mentoring Partnership Inc Boston, MA | $3,908,855 | $3,737,455 |