Poster House Inc
- Assets
- $11.0m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2016
- Data as of
- 12/2020
- EIN
- 61-1763737
Organization Overview
Poster House Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Poster House 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 12/2020, Poster House Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 65.5% each year . All expenses for the organization totaled $6.0m during the year ending 12/2020. While expenses have increased by 64.8% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
POSTER HOUSE IS A MUSEUM IN NEW YORK THAT HOSTS TEMPORARY ROTATING EXHIBITIONS ABOUT THE GLOBAL HISTORY OF POSTERS. EACH YEAR WE HOST 4 LARGER EXHIBITIONS AND 4 MINI EXHIBITIONS THAT FEATURE A DIVERSE RANGE OF POSTERS ALLOWING US TO USE DESIGN TO UNDERSTAND AND CONTEXTUALIZE HISTORY. POSTER HOUSE PROGRAMS EVENTS TO DEEPEN ENGAGEMENT WITH THE EXHIBITIONS.
POSTER HOUSE RUNS AN EDUCATION DEPARTMENT THAT WORKS WITH STUDENTS AND SCHOOLS ACROSS ALL AGE GROUPS FROM ELEMENTARY SCHOOL TO GRADUATE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Knight Executive Dir. | 40 | $156,597 | |
Angelina Lippert Curator | 40 | $118,172 | |
Aleksandra Baldych Design Director | 40 | $101,150 | |
Colin Brady Dir Of Operations | 40 | $78,604 | |
John Lynch Assoc. Dir Of Exhi | 40 | $72,534 | |
Sierra Van Ryck DE Groot Asst Dir Of Educat | 40 | $64,207 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kleinberg Kaplan Wolff & Cohen Pc | 12/30/21 | $36,816 |
Diego Cadena Bejarano | 12/30/21 | $24,519 |
Arts Fms | 12/30/21 | $0 |
David Dean | 12/30/21 | $18,000 |
Arts Fms | 12/30/21 | $20,250 |
Total Environmental Restoration Solutions Inc | 12/30/21 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,449,545 |
| Interest on Savings | $5,716 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $27,192 |
| Other Income | $108,773 |
| Total Revenue | $5,591,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $170,275 |
| Other employee salaries and wages | $1,396,702 |
| Pension plans, employee benefits | $416,471 |
| Interest | $0 |
| Taxes | $336 |
| Depreciation | $1,348,877 |
| Occupancy | $1,471,036 |
| Travel, conferences, and meetings | $12,339 |
| Printing and publications | $0 |
| Other expenses | $1,129,285 |
| Total operating and administrative expenses | $5,994,884 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,994,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,550 |
| Savings and temporary cash investments | $1,223,686 |
| Net Accounts receivable | $180,432 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $60,749 |
| Prepaid expenses and deferred charges | $279,217 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $8,229,720 |
| Other assets | $730,891 |
| Total assets | $11,000,245 |
| Accounts payable and accrued expenses | $123,069 |
| Grants payable | $0 |
| Deferred revenue | $12,284 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $967,566 |
| Total liabilities | $1,102,919 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Poster House Inc has recieved totaling $79.
| Awarding Organization | Amount |
|---|---|
Morning Foundation Tr New York, NY PURPOSE: CHARITABLE | $55 |
Lll Foundation Inc Greenwich, CT PURPOSE: SUPPORT FOR THE ARTS | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Fine Arts Academy Buffalo, NY | $293,134,468 | $30,844,940 |
New Museum Of Contemporary Art New York, NY | $107,362,095 | $41,908,538 |
Institute Of Contemporary Art Boston, MA | $121,321,339 | $26,427,567 |
Museum Of Arts And Design New York, NY | $100,702,289 | $12,680,439 |
Wadsworth Atheneum Museum Of Art Hartford, CT | $165,426,651 | $15,147,902 |
Neue Galerie New York New York, NY | $114,494,920 | $18,242 |
Worcester Art Museum Worcester, MA | $148,643,203 | $30,005,812 |
International Center Of Photography New York, NY | $72,245,409 | $16,287,723 |
Doris Duke Foundation For Islamic Art New York, NY | $38,632,422 | $9,089,054 |
Storm King Art Center New Windsor, NY | $80,583,864 | $14,230,209 |
Fellowship For The Performing Arts Inc New York, NY | $15,555,732 | $10,766,818 |
Ps1 Contemporary Art Center Inc Long Island City, NY | $7,393,924 | $9,638,266 |