Animation Project Inc
- Assets
- $452.2k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 18
- Location
- New York, NY
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 26-2318845
Organization Overview
Animation Project Inc is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Animation Project Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Animation Project 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 12/2023, Animation Project Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 19.5% 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
THE ANIMATION PROJECT NURTURES THE SOCIAL, EMOTIONAL AND COGNITIVE GROWTH OF AT-RISK YOUTH, USING DIGITAL ART TECHNOLOGY AS A THERAPEUTIC MEDIUM AND A WORKFORCE DEVELOPMENT TOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MADE IN NEW YORK ANIMATION PROJECT (TAP) OFFERED HIGH QUALITY VIRTUAL PROGRAMMING IN NEW YORK CITY THIS YEAR, SERVING OVER 1,500 NEW YORKERS AND PROVIDING THEM WITH THE EMOTIONAL, SOCIAL AND TECHNICAL SUPPORT THEY NEED TO THRIVE NOW AND WELL INTO THEIR BRIGHT FUTURES. IN THE MIDST OF INCREASINGLY TURBULENT TIMES AND UNPRECEDENTED NEED, WE HAVE BEEN ABLE TO CONTINUE TO OFFER YOUNG PEOPLE SAFE, CREATIVE AND ASPIRATIONAL SPACES TO TELL THEIR STORIES, EXPLORE THEIR POTENTIAL AND SUCCESSFULLY WORK THROUGH SOME OF THE PERSONAL AND PROFESSIONAL OBSTACLES THAT THE PANDEMIC ONLY AMPLIFIED.TAP ALSO RETURNED TO IN-PERSON WORK AT 7 NEON SITES. OUR ACCESSIBLE DIGITAL LEARNING PLATFORM IS DESIGNED TO ENGAGE STUDENTS ACROSS ALL LEVELS OF PROGRAMMING, PROVIDING THEM WITH CONTINUITY IN SKILL-BUILDING, CREATIVE AND IMAGINATIVE THINKING AND PROFESSIONAL DEVELOPMENT. TAP ANIMATORS AND LICENCED CREATIVE ARTS THERAPISTS LED THE CURRICULUM VIA ZOOM.OUR VIRTUAL TRAINING PROGRAM (FORMERLY KNOWN AS THE TAP INTERNSHIP PROGRAM) REMAINS HIGHLY SUCCESSFUL AND IMPACTFUL. THIS YEAR, TAP GRADUATED 14 ASPIRING ANIMATORS FROM AN INTRODUCTORY LEVEL I TRAINING PROGRAM AND 9 FROM AN ADVANCED LEVEL II TRAINING PROGRAM. 10 OF THIS YEARS GRADUATES HAVE ACQUIRED PLACEMENTS, EITHER AT TAP STUDIO, EXTERNALLY WITHIN THE INDUSTRY OR FURTHER EDUCATIONAL OPPORTUNITIES IN ANIMATION. POST-GRADUATE PLACEMENTS INCLUDE THE NYC PARKS DEPT, MIGHTY OAK STUDIO, THE MOD MENTOR, PARAMOUNT AND ADVANCED STUDY AT FITS COMMUNICATION DESIGN DEPARTMENT AND THE NEW SCHOOLS DESIGN AND TECHNOLOGY DEPARTMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Dean Asst. Ed | Officer | 40 | $130,376 |
Brian Austin Executive Dir. | OfficerTrustee | 40 | $102,242 |
Laurie Parise Managing Direct | Officer | 40 | $100,000 |
Laurence Austin Director | Trustee | 1 | $0 |
Matthew Munn Director | Trustee | 1 | $0 |
Lauren Macksoud Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $138,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,250 |
| Total Program Service Revenue | $1,519,051 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,657,301 |
| 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. | $332,618 |
| Compensation of current officers, directors, key employees. | $33,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $563,605 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $127,656 |
| Payroll taxes | $74,622 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $158,041 |
| Advertising and promotion | $1,089 |
| Office expenses | $46,146 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,492 |
| Travel | $12,476 |
| 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 | $6,318 |
| All other expenses | $0 |
| Total functional expenses | $1,822,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,733 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $45,905 |
| Accounts receivable, net | $108,475 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,110 |
| Total assets | $452,223 |
| Accounts payable and accrued expenses | $21,855 |
| 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 | $21,855 |
| Net assets without donor restrictions | $430,368 |
| 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 | $452,223 |