Almanack Arts Colony Inc
- Assets
- $1.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-4241165
Organization Overview
Almanack Arts Colony Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Almanack Arts Colony Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Almanack Arts Colony 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 12/2022, Almanack Arts Colony Inc generated $157.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $180.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 5 years. 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
2022
Describe the Organization's Program Activity:
Part 3
ALMANACK ARTS COLONY HOSTED ARTISTS IN RESIDENCE IN 2022, PROVIDING TRAVEL, FOOD, AND RESPITE OVER THE COURSE OF THE YEAR FOR INDIVIDUAL ARTISTS AND GROUPS. WE CONTINUED OUR COLLABORATION WITH MANUAL CINEMA ON A SHORT FILM PROJECT SET TO COMPLETE IN 2023 AND WE BEGAN PRESSING OUR VERY FIRST LIMITED RUN VINYL THAT HIGHLIGHTS THE FIRST FIVE YEARS OF OUR SONGWRITING PROGRAM. WE HELD TWO SUCCESSFUL FUNDRAISERS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emma Canarick Chair | 1 | $0 | |
John Johnson Vice President | 1 | $0 | |
Greg Ozzimo Treasurer | 1 | $0 | |
Callahan Kever Executive Director | 40 | $86,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,949 |
| Total Program Service Revenue | $0 |
| Membership dues | $27,950 |
| Investment income | $19,600 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,844 |
| Other Revenue | $20,609 |
| Total Revenue | $157,264 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $128,511 |
| Professional fees and other payments to independent contractors | $10,556 |
| Occupancy, rent, utilities, and maintenance | $10,615 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,103 |
| Total expenses | $180,785 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,048 |
| Other assets | $0 |
| Total assets | $1,465 |
| Total liabilities | $74,519 |
| Net assets or fund balances | -$73,054 |