Verdi Square Festival Corp
- Assets
- $12.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2016
- Data as of
- 06/2024
- EIN
- 47-2051913
Organization Overview
Verdi Square Festival Corp is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Verdi Square Festival Corp 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 06/2024, Verdi Square Festival Corp generated $5.7k 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 (20.2%) each year. All expenses for the organization totaled $28.4k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL - SUPPORTS PROFESSIONAL MUSICIANS. SUPPORT OF NYC PARKS AND SUPPORTS AND EDUCATES NEW ARTISTS AND THE PUBLIC BY PRESENTING WORKS NOT READILY AVAILABLE ELSEWHERE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alessandra Marino Treas/sec | 0.5 | $0 | |
Glen Wilkofsky President & CEO | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $635 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,735 |
| 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 | $950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,481 |
| Total expenses | $28,431 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,502 |
| Other assets | $0 |
| Total assets | $12,502 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,502 |