Bronxartspace
- Assets
- $4.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 45-4636159
Organization Overview
Bronxartspace is located in Bronx, NY. The organization was established in 2019. 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. Bronxartspace 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, Bronxartspace generated $34.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $38.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sabine Schumacher Executive Director | 12 | $5,190 | |
Linda L Cunningham Treasurer | 3 | $0 | |
Sharon Vatsky Board Member | 3 | $0 | |
Jeanette Neff Board Chair | 2 | $0 | |
Carol Zakaluk Secretary | 2 | $0 | |
Mitsu Hadeishi Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,777 |
| Total Program Service Revenue | $3,893 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10 |
| Total Revenue | $34,680 |
| 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 | $20,971 |
| Occupancy, rent, utilities, and maintenance | $8,310 |
| Printing, publications, postage, and shipping | $314 |
| Other expenses | $8,840 |
| Total expenses | $38,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,753 |
| Other assets | $0 |
| Total assets | $4,753 |
| Total liabilities | $1,146 |
| Net assets or fund balances | $3,607 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bronxartspace has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
The New Yankee Stadium Community Benefits Fund Inc Bronx, NY PURPOSE: FUNDING FOR THE ORGANIZATION'S PURPOSE | $13,000 |
Northern Lights Foundations Tr Wilmington, DE PURPOSE: GENERAL AND / OR | $3,000 |
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 |