Time In Childrens Arts Initiative
- Assets
- $190.9k
- Revenue
- $226.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Brooklyn, NY
- Founding
- 10/2010
- Data as of
- 06/2022
- EIN
- 26-3603729
Organization Overview
Time In Childrens Arts Initiative is located in Brooklyn, NY. The organization was established in 2010. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Time In Childrens Arts Initiative employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Time In Childrens Arts Initiative 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, Time In Childrens Arts Initiative generated $226.9k 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 (9.2%) each year. All expenses for the organization totaled $133.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (19.4%) per year over the past 6 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TIME IN IS DEDICATED TO OVERCOMING THE ACADEMIC, SOCIAL AND EMOTIONAL INIQUITIES OF AT-RISK CHILDREN THROUGH AN ARTS INSPIRED CURRICULUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FY 22 FOCUSED ON THREE MAIN CONCERNS: ORGANIZATIONAL RESTRUCTURING AS A RESPONSE TO COVID, THE DEVELOPMENT OF HYBRID PROGRAMMING AND MOST IMPORTANTLY, THE DEVELOPMENT OF A NEW, ENHANCED ARTY READERS PROGRAM - A FULL ELA (ENGLISH LANGUAGE) + OPERA + ARTS - THAT WOULD CONSIST OF MULTIPLE MEETINGS/WEEK AND COULD STAND IN FOR ALL OR PART OF ELA CURRICULA IN ELEMENTARY SCHOOLS ACROSS THE COUNTRY. THE 22-23 ARTY READERS PILOT, NOW UNDERWAY WITH PLANS TO CONTINUE FOR THE FULL ACADEMIC YEAR, OFFERS AN ENHANCED, DOUBLE PERIOD APPROACH TO ARTS AND LITERACY IDENTICAL TO THE ORIGINAL ARTY READERS - A COMPREHENSIVE INTERDISCIPLINARY PLATFORM THAT FUSES OPERA, ART AND LITERACY WITH HIGHLY FOCUSED DRAWING SKILLS FOR JAPANESE MANGA AND ANIME BUT WITH MORE TIME AND SPACE FOR ENRICHMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cyndie Bellen-Berthezene Secretaryexec Director | Officer | 40 | $64,800 |
Carol Stringari Trustee | Trustee | 2 | $0 |
Mia Meyer Trustee | Trustee | 2 | $0 |
Elliot Bellen Treasurer | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,675 |
| All other contributions, gifts, grants, and similar amounts not included above | $78,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,065 |
| Total Program Service Revenue | $320 |
| 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 | $226,897 |
| 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. | $57,800 |
| Compensation of current officers, directors, key employees. | $46,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,530 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,503 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,698 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,024 |
| Advertising and promotion | $3,802 |
| Office expenses | $958 |
| Information technology | $637 |
| Royalties | $0 |
| Occupancy | $5,144 |
| Travel | $2,560 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $601 |
| Interest | $1,707 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $539 |
| Insurance | $4,195 |
| All other expenses | $0 |
| Total functional expenses | $132,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,313 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $147,020 |
| 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 | $596 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5 |
| Total assets | $190,934 |
| Accounts payable and accrued expenses | $369 |
| 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 | $104,495 |
| Total liabilities | $104,864 |
| Net assets without donor restrictions | $86,070 |
| 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 | $190,934 |