Powerhouse Arts Inc

Organization Overview

Powerhouse Arts Inc is located in Brooklyn, NY. The organization was established in 2015. 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 06/2021, Powerhouse Arts Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Powerhouse 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 06/2021, Powerhouse Arts Inc generated $2.4m 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 (12.6%) each year. All expenses for the organization totaled $5.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

POWERHOUSE IS A NOT-FOR-PROFIT ORGANIZATION COMMITTED TO CREATIVE EXPRESSION. HOUSED IN A PURPOSE-BUILT FACILITY IN BROOKLYN, THE ORGANIZATION HOSTS AN EXTENDED NETWORK OF ART AND FABRICATION PROFESSIONALS AND EDUCATORS WHO WORK TOGETHER TO CO-CREATE AND SHARE ARTISTIC PRACTICES VITAL TO THE WELLBEING OF ARTISTS AND THE COMMUNITIES TO WHICH THEY BELONG.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COLLABORATIVE PRODUCTION PROGRAMTHROUGH THIS PROGRAM, POWERHOUSE ARTS WORKS COLLABORATIVELY WITH ARTISTS ON PROJECTS AT ALL STAGES - FROM CONCEPT DEVELOPMENT TO PROJECT EXECUTION TO INSTALLATION. POWERHOUSE SPECIALIZES IN WOOD, METAL, CERAMIC, TEXTILE AND PRINT.


EDUCATION, EMPLOYMENT, AND ENGAGEMENT PROGRAMTHROUGH THIS PROGRAM, POWERHOUSE ARTS CREATES OPPORTUNITIES FOR ADULTS AND YOUTH ALIKE TO ENGAGE WITH THE ORGANIZATION THROUGH ART-MAKING AND SKILL-BUILDING CLASSES, AND BY PARTICIPATING IN ONLINE AND IN-PERSON EVENTS AND GATHERINGS. POWERHOUSE CREATED A FELLOWSHIP PROGRAM FOR PRACTICING ARTISTS WITH ADVANCED TECHNICAL PROFICIENCY TO BOTH LEARN FROM AND TEACH NEW TECHNIQUES IN A SYMBIOTIC EXCHANGE WITH OUR TEAM; AND DEVELOPED A YOUTH ADVISORY COUNCIL.


INDEPENDENT PRODUCTION PROGRAMPOWERHOUSE ARTS CONTINUED TO ADVANCE PLANNING AND DEVELOPMENT OF AN INDEPENDENT PRODUCTION PROGRAM. MEMBERSHIP TO THE INDEPENDENT PRODUCTION PROGRAM WILL PROVIDE FLEXIBLE ACCESS TO MEMBERS-ONLY WORKSHOP FACILITIES TO THOSE WHO HAVE DEMONSTRATED THE ABILITY TO WORK INDEPENDENTLY AND SAFELY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Burchman Terrio Gebhardt & Quist Llc
Fiscal Services
$155,385
Linked By Air Llc
Web Design, Hosting, & Maintenance
$116,258
Roberts & Holland Llp
Legal Services
$213,026
Duke Riley
Design, Fabrication & Delivery Of Artwor
$119,000
View All Vendors

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$350,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$350,000
Total Program Service Revenue$917,146
Investment income $771,784
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 $2,438,930

Grants Awarded

Over the last fiscal year, Powerhouse Arts Inc has awarded $33,000 in support to 2 organizations.

Grant RecipientAmount

DAVIES TOEWS

PURPOSE: INTERNSHIP PROGRAM

$25,000

SUPERCHIEF GALLERY NY

PURPOSE: PROGRAM EVENT SUPPORT

$8,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Powerhouse Arts Inc has recieved totaling $139,999,999.

Awarding OrganizationAmount
Greater Kansas City Community Foundation

Kansas City, MO

PURPOSE: Arts, Culture & Humanities

$53,333,333
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: ARTS & CULTURE

$43,333,333
Columbus Foundation

Columbus, OH

PURPOSE: ARTS AND HUMANITIES

$43,333,333
View Grant Recipient Profile

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