Jacques Marchais Center Of Tibetan Arts Inc is located in Staten Island, NY. The organization was established in 1973. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Jacques Marchais Center Of Tibetan Arts Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jacques Marchais Center Of Tibetan 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 06/2022, Jacques Marchais Center Of Tibetan Arts Inc generated $146.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $165.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATION OF A MUSEUM OF TIBETAN ART, PROVIDING EDUCATIONAL, CULTURAL, AND RECREATIONAL SERVICES TO THE PUBLIC.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helaine Dandrea President | 2 | $0 | |
Beverly-Garcia Anderson 2nd Vice Pre | 2 | $0 | |
Margaret Harrington Edd Secretary | 2 | $0 | |
Charles Destefano Board Member | 2 | $0 | |
Barbara Tallon-Reilly Board Member | 2 | $0 | |
George Sieghardt Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,498 |
| Total Program Service Revenue | $6,983 |
| Membership dues | $0 |
| Investment income | $528 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,560 |
| Other Revenue | $2,595 |
| Total Revenue | $146,044 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,059 |
| Professional fees and other payments to independent contractors | $8,450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $84,222 |
| Total expenses | $165,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,722 |
| Other assets | $0 |
| Total assets | $229,635 |
| Total liabilities | $182,673 |
| Net assets or fund balances | $46,962 |