Lehman College Art Gallery Inc
- Assets
- $2.1m
- Revenue
- $610.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 05/1987
- Data as of
- 06/2024
- EIN
- 13-3391212
Organization Overview
Lehman College Art Gallery Inc is located in Bronx, NY. The organization was established in 1987. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lehman College Art Gallery 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 06/2024, Lehman College Art Gallery Inc generated $610.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $614.1k during the year ending 06/2024. While expenses have increased by 8.1% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
LEHMAN COLLEGE ART GALLERY IS DEDICATED TO SERVING THE INTERESTS OF THE BRONX COMMUNITY AND THE GREATER NEW YORK AREA BY PROVIDING A DYNAMIC CENTER FOR THE VISUAL ARTS AS WELL AS AN IMPORTANT CULTURAL RESOURCE FOR ITS DIVERSE AUDIENCE. THE GALLERY PRESENTS WORKS BY LEADING FIGURES IN CONTEMPORARY ART, PROMISING EMERGING ARTISTS, AND SIGNIFICANT THEME SHOWS. EDUCATION IS AN INTEGRAL COMPONENT OF EXHIBITION PROGRAMMING AND PROVIDES THE BASIS OF THE GALLERY'S OUTREACH-FROM YOUNG STUDENTS TO SENIOR CITIZENS. TO FURTHER THESE GOALS THE GALLERY PURSUES NEW TECHNOLOGIES AS A MEANS OF REACHING AUDIENCES INTERNATIONALLY AS WELL AS LOCALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEHMAN COLLEGE ART GALLERY EDUCATION PROGRAMS :LEHMAN COLLEGE ART GALLERY HAS BEEN A CULTURAL AND EDUCATIONAL RESOURCE FOR THE BRONX COMMUNITY SINCE 1985. PROGRAMS ARE OFFERED TO NYC DOE SCHOOL GROUPS BETWEEN KINDERGARTEN AND TWELFTH GRADE, TEACHERS, COLLEGE CLASSES, AND THE ADULT GALLERY AUDIENCE. THEY INCLUDE IN-SCHOOL ARTIST RESIDENCIES, MURAL PROJECTS, WORKSHOPS WITH TOUR, ARTIST'S TALKS, LONG-TERM AND SHORT-TERM WORKSHOPS THAT ARE OFFERED IN THE SCHOOLS AS WELL AS THE GALLERY, PROFESSIONAL DEVELOPMENT FOR TEACHERS, AND INTERNSHIP PROGRAMS, AND BI-LINGUAL FAMILY ART WORKSHOPS. PROGRAMS ENCOURAGE STUDENTS TO DEVELOP CRITICAL THINKING AND COMMUNICATION SKILLS WHILE EXPANDING THEIR UNDERSTANDING OF ART IN THE GALLERY. IN THE STUDIO, STUDENTS LEARN TO COLLABORATE ON INSTALLATION PROJECTS, DEVELOP BASIC ARTS SKILLS, AND MAKE CONNECTIONS BETWEEN ART AND THEIR OTHER CLASSES. OUR UNIQUE RELATIONSHIP WITH LEHMAN COLLEGE ALLOWS STUDENTS THE OPPORTUNITY TO VISUALIZE COLLEGE LIFE AND IMAGINE A POSSIBLE CAREER IN THE ARTS BEYOND SCHOOL. THE INTERNSHIP PROGRAM COMPLETES THE CIRCLE BY TEACHING COLLEGE STUDENTS TO BECOME EDUCATORS IN THE ARTS.EXHIBITION PROGRAM: THE GALLERY HAS BEEN BRINGING IMPORTANT CONTEMPORARY ART TO OUR BRONXAUDIENCE SINCE 1984. IT PRESENTS 46 CONTEMPORARY ART EXHIBITIONS EACH YEAR THAT INCLUDES MAJOR FIGURES IN THE ART WORLD AS WELL AS IMPORTANT EMERGING ARTISTS. GALLERY EXHIBITION ADMISSION, GALLERY TALKS, RECEPTIONS, AND EXHIBITION MATERIALS ARE OFFERED FREE OF CHARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dolly Bross Geary Co-Chair | OfficerTrustee | 1 | $0 |
Marina Garde Co-Chair | OfficerTrustee | 1 | $0 |
Sara Bamber Board Member | Trustee | 1 | $0 |
David Bicks Board Member | Trustee | 1 | $0 |
Dr Fernando Delgado President | OfficerTrustee | 1 | $0 |
Virginia Cupiola Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,186 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $171,305 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,355 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,846 |
| Total Program Service Revenue | $249,675 |
| Investment income | $67,868 |
| 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 | $610,295 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $13,974 |
| Fees for services: Legal | $2,400 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,192 |
| Fees for services: Other | $466,245 |
| Advertising and promotion | $32,582 |
| Office expenses | $21,696 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,011 |
| 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 | $0 |
| Insurance | $2,196 |
| All other expenses | $0 |
| Total functional expenses | $614,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,940 |
| Savings and temporary cash investments | $102,360 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $170,260 |
| 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 | $37,459 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,373,783 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $126,200 |
| Total assets | $2,051,002 |
| Accounts payable and accrued expenses | $63,466 |
| 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 | $63,466 |
| Net assets without donor restrictions | $1,172,556 |
| Net assets with donor restrictions | $814,980 |
| 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 | $2,051,002 |