Nyc Arts Cypher Inc
- Assets
- $259.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Staten Island, NY
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 57-1229930
Organization Overview
Nyc Arts Cypher Inc is located in Staten Island, NY. The organization was established in 2007. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Nyc Arts Cypher 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 12/2021, Nyc Arts Cypher Inc generated $108.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $118.3k during the year ending 12/2021. While expenses have increased by 18.9% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Valle President | 40 | $16,450 | |
Maureen Garrity-Marino Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,949 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,949 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,139 |
| Professional fees and other payments to independent contractors | $31,183 |
| Occupancy, rent, utilities, and maintenance | $30,173 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,795 |
| Total expenses | $118,290 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,661 |
| Other assets | $0 |
| Total assets | $259,406 |
| Total liabilities | $259,000 |
| Net assets or fund balances | $406 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nyc Arts Cypher Inc has recieved totaling $84,800.
| Awarding Organization | Amount |
|---|---|
The Carnegie Hall Corporation New York, NY PURPOSE: ARTS PROGRAMMING | $42,400 |
The Carnegie Hall Corporation New York, NY PURPOSE: ARTS PROGRAMMING | $42,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |