Drawing Center Inc

Organization Overview

Drawing Center Inc is located in New York, NY. The organization was established in 1977. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Drawing Center Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drawing Center 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 06/2022, Drawing Center Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 5.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTES THE SIGNIFICANCE OF DRAWINGS THROUGH EXHIBITIONS, PUBLICATIONS, AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O FOR COMPLETE PROGRAM SERVICE ACTIVITY.


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Board, Officers & Key Employees

Name (title)Compensation
Laura Hoptman
Executive Director
$198,232
Rebecca Brickman
Director Of Development
$104,189
Claire Gilman
Chief Curator
$100,992
Dita Amory
Secretary
$0
Andrea Crane
Co-Chair And Board Of Trustee
$0
Stacey Goergen
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,185,056
Related organizations$0
Government grants $335,069
All other contributions, gifts, grants, and similar amounts not included above$1,724,492
Noncash contributions included in lines 1a–1f $37,960
Total Revenue from Contributions, Gifts, Grants & Similar$3,244,617
Total Program Service Revenue$320,941
Investment income $27,073
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $39,248
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,697,448

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Drawing Center Inc has recieved totaling $2,500.

Awarding OrganizationAmount
David B Kriser Foundation Inc

New York, NY

PURPOSE: GENERAL CONTRIBUTION

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$546,659
Earnings-$98,127
Other Expense$20,277
Ending Balance$428,255

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