440 State Street
- Assets
- $7.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Schenectady, NY
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 14-1797729
Organization Overview
440 State Street is located in Schenectady, NY. The organization was established in 1997. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. 440 State Street 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 12/2021, 440 State Street generated $30.7k 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 (22.9%) each year. All expenses for the organization totaled $26.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
440 STATE STREET HAS NURTURED CREATIVE-SECTOR ACTIVITIES IN DOWNTOWN SCHENECTADY TOWARDS SUPPORTING LOCAL AND REGIONAL ECONOMIC VITALITY. ANNUALLY, IT PRODUCES THE KIDS ART FESTIVAL AND JAZZ ON JAY PRESENTATIONS, AND HAS WORKED WITH SCHENECTADY CIVIC PLAYERS, SCHENECTADY LIGHT OPERA COMPANY, AND OTHER RESIDENT ARTISTS TO BRAND THE DOWNTOWN NEIGHBORHOOD AS AN ARTS DESTINATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Morris President | 1 | $0 | |
Daniel Sheehan Vice President | 1 | $0 | |
Christopher Musto Treasurer | 1 | $0 | |
Ann Parillo Secretary | 1 | $0 | |
John Halsted Director | 1 | $0 | |
Joe Fava Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,654 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,654 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $22,651 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,079 |
| Total expenses | $26,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,181 |
| Other assets | $0 |
| Total assets | $7,356 |
| Total liabilities | $6,686 |
| Net assets or fund balances | $670 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 440 State Street has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
The Arts Center Of The Capital Region Troy, NY PURPOSE: REGRANTS FOR ARTISTIC SERVICES AND ORGANIZATIONS | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
Mount Carmel Guild Education Newark, NJ | $2,668,838 | $6,215,422 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Consensus Building Institute Inc Cambridge, MA | $9,333,296 | $7,559,086 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |
Guild Hall Of East Hampton Inc East Hampton, NY | $35,896,554 | $17,394,413 |
Seward Johnson Atelier Inc Hamilton, NJ | $66,063,145 | $5,452,215 |
City Lore Inc New York, NY | $1,966,661 | $4,516,520 |
New Haven International Festival Of Arts & Ideas Inc New Haven, CT | $2,354,201 | $4,042,570 |