Afro Brazil Arts Inc
- Assets
- $83.3k
- Revenue
- $290.0k
- Investments
- $0.0
- Employees
- 18
- Location
- New York, NY
- Founding
- 08/1992
- Data as of
- 08/2023
- EIN
- 13-3676279
Organization Overview
Afro Brazil Arts Inc is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Afro Brazil Arts Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Afro Brazil Arts 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 08/2023, Afro Brazil Arts Inc generated $290.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $274.9k during the year ending 08/2023. While expenses have increased by 1.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SPREAD THE BEAUTY OF CAPOEIRA, A BRAZILIAN MARTIAL ART HIDDEN IN DANCE AND SONG, THROUGH INSTRUCTION, PERFORMANCE AND EDUCATIONAL MATERIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFRO BRAZIL ARTS OPERATES AN INTERNATIONALLY KNOWN ACADEMY, THE NEW YORK MINDFUL CAPOEIRA ACADEMY (NYMCA), WHERE YOUTH AND ADULTS, AGES THREE AND UP, LEARN TO PLAY CAPOEIRA. CLASSES ARE OFFERED SIX DAYS PER WEEK, YEAR-ROUND. OUR CENTER IS LOCATED IN THE HISTORIC CLEMENTE ARTS AND EDUCATIONAL CENTER BUILDING IN MANHATTAN'S LOWER EAST SIDE. NYMCA IS THE HEADQUARTERS OF CAPOEIRA ANGOLA QUINTAL (CAQ), THE BRAZILIAN PORTUGUESE NAME FOR OUR GROUP. CAQ HAS A NATIONWIDE PRESENCE, WITH ACADEMIES IN CITIES ACROSS THE U.S. INCLUDING BOSTON, MA, ITHACA, NY, CHARLOTTE, NC., SAN FRANCISCO, CA OUR TEACHERS TRAVEL THROUGHOUT THE US TO PARTICIPATE IN CAPOEIRA EVENTS. CAQ ACADEMY CURRENTLY HAS 40 CHILD MEMBERS, 10 TEEN MEMBERS AND 34 ADULT MEMBERS PAYING MONTHLY MEMBERSHIP FEES. AFRO BRAZIL ARTS PROVIDES ARTS IN EDUCATION PROGRAMS INCLUDING ASSEMBLY PERFORMANCES AND CLASSES FEATURING MINDFUL CAPOEIRA TO SCHOOLS IN THE GREATER NEW YORK AREA FOR GRADES PRE-K THROUGH HIGH SCHOOL, INCLUDING STUDENTS WITH SPECIAL NEEDS. AFRO BRAZIL ARTS IS A NYC DEPARTMENT OF EDUCATION LICENSED VENDOR. STARTING SEPTEMBER 2022 THROUGH JUNE, 2023, 4 SCHOOLS HAVE CONTRACTED IN SCHOOL LIVE MINDFUL CAPOEIRA CLASSES AND 7 SCHOOLS HAVE CONTRACTED AFTER SCHOOL PROGRAMS WITH AFRO BRAZIL ARTS. CURRENTLY LIVE IN ACADEMY CLASSES SERVE:40 CHILD MEMBERS AGES 3-10, UP TO 2 DAYS PER WEEK10 PRE-TEEN & TEEN MEMBERS AGES 11-16, UP TO 2 DAYS PER WEEK34 ADULT MEMBERS AGES 20 - 60, UP TO 4 DAYS PER WEEK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Goldstein Board Chair, President | OfficerTrustee | 45 | $70,333 |
Tracy Mitchell Treasurer | OfficerTrustee | 1 | $0 |
Eric Goldstein Secretary | OfficerTrustee | 1 | $0 |
Rini Aich Director | Trustee | 1 | $0 |
Andrew Burke Director | Trustee | 1 | $0 |
Carl Freis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,060 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,037 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,097 |
| Total Program Service Revenue | $248,909 |
| Investment income | $0 |
| 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 | $346 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $289,983 |
| 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. | $87,901 |
| Compensation of current officers, directors, key employees. | $39,507 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,425 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,588 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,745 |
| Advertising and promotion | $6,394 |
| Office expenses | $8,895 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,583 |
| Travel | $7,695 |
| 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 | $1,367 |
| Insurance | $2,255 |
| All other expenses | $2,214 |
| Total functional expenses | $274,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,292 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,410 |
| Accounts receivable, net | $0 |
| 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 | $5,764 |
| Net Land, buildings, and equipment | $863 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $83,329 |
| Accounts payable and accrued expenses | $52,074 |
| 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 | $52,074 |
| Net assets without donor restrictions | $31,255 |
| 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 | $83,329 |