Topical Cream Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Topical Cream 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 12/2023, Topical Cream Inc generated $118.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $98.1k during the year ending 12/2023. While expenses have increased by 13.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTED LOCAL ARTISTS TO THE GENERAL PUBLIC TO FURTHER ART APPRECIATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lyndsy Anjargolian Executive Dir. | 24 | $3,667 | |
Ara Anjargolian Secretary | 5 | $0 | |
Marcella Zimmermann Director | 5 | $0 | |
Raque Ford Director | 2 | $0 | |
Julia Trotta Director | 2 | $0 | |
Yulu Serao Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,270 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$12,027 |
| Other Revenue | $0 |
| Total Revenue | $118,243 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,372 |
| Professional fees and other payments to independent contractors | $55,979 |
| Occupancy, rent, utilities, and maintenance | $4,133 |
| Printing, publications, postage, and shipping | $139 |
| Other expenses | $33,439 |
| Total expenses | $98,062 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,273 |
| Other assets | $0 |
| Total assets | $36,273 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,273 |