New York Classical Club Inc
- Assets
- $255.5k
- Revenue
- $11.6k
- Investments
- $248.1k
- Employees
- 0
- Location
- Astoria, NY
- Founding
- 06/1998
- Data as of
- 03/2024
- EIN
- 13-3970766
Organization Overview
New York Classical Club Inc is located in Astoria, NY. The organization was established in 1998. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. New York Classical Club 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 03/2024, New York Classical Club Inc generated $11.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $27.1k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, New York Classical Club Inc has awarded 76 individual grants totaling $115,228. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Biondolino Treasurer | 8 | $0 | |
Dr Panayotes Dakouras Custodian Of Funds | 8 | $0 | |
Runako Taylor President | 8 | $0 | |
Talia Varonos Vice President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $4,852 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,857 |
| Capital Gain Net Income | $2,857 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,841 |
| Total Revenue | $11,557 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $81 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,906 |
| Printing and publications | $260 |
| Other expenses | $4,434 |
| Total operating and administrative expenses | $17,164 |
| Contributions, gifts, grants paid | $9,925 |
| Total expenses and disbursements | $27,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,950 |
| Savings and temporary cash investments | $2,418 |
| Net Accounts receivable | $37 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $248,132 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $255,537 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, New York Classical Club Inc has awarded $9,925 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JOHANNA CLARK PURPOSE: WINQUIST AWARD | $1,000 |
KEVIN ELLIS PURPOSE: SUMMER GRANT | $3,000 |
MAURA POLLARD PURPOSE: PRESIDENTS GRANT | $1,000 |
DELPHINE TONGLET PURPOSE: EDUCATION | $500 |
VARIOUS CONTEST WINNERS PURPOSE: VARIOUS CONTEST WINNERS | $4,425 |