Shigeko Kubota Video Art Foundation Inc
- Assets
- $404.9k
- Revenue
- $184.2k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2017
- Data as of
- 12/2022
- EIN
- 81-2752372
Organization Overview
Shigeko Kubota Video Art Foundation Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (A31) the organization is classified as: Film & Video, 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. Shigeko Kubota Video Art Foundation 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, Shigeko Kubota Video Art Foundation Inc generated $184.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $371.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
'THE ART ARCHIVE' 110 MERCER ST - INFRASTRUCTURE MAINTENANCE AND OVERHEAD OF ARTIST LOFT STUDIO;CONVERSION TO FOUNDATION OFFICES; WORKING ARCHIVE AND ART SPACE;COMPILE EXHIBITION RELATED AND DESIGN DOCUMENTS AS AN ARCHIVEPROVIDE IMAGE REQUESTS AND ADMINISTRATION OF COPYRIGHTSSTRUCTURE HISTORICAL DATE INTO DIGITAL DATABASE FOR ONLINE ACCESS;PROVIDE PUBLIC ACCESS, STUDENT TOURS; ACADEMIC SCHOLARS, NEW ARTISTS MAINTAIN OUTREACH PROGRAM, DEMO'S, PROMOTIONAL PUBLICATIONS, TALKS
'STUDIO WORKSHOP' 456 BROOME ST. - INFRASTRUCTURE MAINTENANCE AND OVERHEAD OF STUDIO WORKSHOP;DEVELOP TECHNIQUES PRESERVING VINTAGE VIDEO AND SYSTEMSWORKSHOP CONSTRUCTION FACILTY FOR ART RESTORATION AND CONSERVATIONMAINTAIN / SHARE ROSTER OF NOTED VIDEO ART COLLABORATORS, ASSISTANTSMAINTAIN / SHARE ROSTER OF NOTED VIDEO PARTS SUPPLIERS, TECHNICIANSEXCHANGE INFORMED DECISIONS ON REPAIR AND RESTORATION TO COLLECTORSPROVIDE PUBLIC ACCESS, STUDENT TOURS; NEW ARTISTS
'VIDEO ART SHOWCASE' 20 W. MAIN ST., BEACON NY - INFRASTRUCTURE MAINTENANCE AND OVERHEAD OF PUBLIC SHOWCASE FACILITY;REPOSITORY STORAGE OF SHIGEKO KUBOTA VIDEO ART COLLECTION;REPAIR, TESTING, VIDEO SCULPTURE FOR ART RESTORATION AND CONSERVATION;EXHIBITION AND DISPLAY PREPARATION / DEMOS AND TALKS;BEACON, NY RESEARCH AND EXPERIMENTATION UNREALIZED WORKS;RESEARCH AND DESIGN DEVELOPMENT, TRAINING
'VIDEO TAPE LIBRARY' EDITING ROOM, 110 MERCER ST. - INFRASTRUCTURE MAINTENANCE AND OVERHEAD OF VIDEO TAPE LIBRARY;INVENTORY/INDEX PRESERVE AND ALL FORMATS OF VIDEO TAPE REPOSITORY;ARCHIVAL AND DIGITAL STORAGE OF SHIGEKO KUBOTA VIDEO ART CONTENTVINTAGE PLAYBACK SYSTEMS REPAIR, TESTING, MAINTENANCEDIGITAL PLAYBACK SYSTEMS REPAIR, TESTING, MAINTENANCEVIDEO ART COMMUNITY OUTREACH/ ASSISTANCE W/BULK DIGITAL CONVERSIONDIGITAL STORAGE SERVER ACCESS FOR TALKS, RESEARCH AND PUBLIC PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Ballard President | 36 | $0 | |
Jochen Saueracker Vice President | 12 | $0 | |
Kevin Harrison Secretary | 6 | $0 | |
Reid N Ballard Administrator | 40 | $71,333 | |
Lia V Robinson Employee | 40 | $61,663 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $173,397 |
| Interest on Savings | $30 |
| 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 | $0 |
| Other Income | $10,740 |
| Total Revenue | $184,167 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $132,995 |
| Pension plans, employee benefits | $22,126 |
| Interest | $0 |
| Taxes | $102 |
| Depreciation | $2,529 |
| Occupancy | $64,381 |
| Travel, conferences, and meetings | $19,497 |
| Printing and publications | $2,424 |
| Other expenses | $74,208 |
| Total operating and administrative expenses | $371,066 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $371,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,990 |
| Savings and temporary cash investments | $15,766 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $431 |
| Other assets | $335,745 |
| Total assets | $404,932 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Shigeko Kubota Video Art Foundation Inc has awarded $3,850 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ASPEN INSTITUTE PURPOSE: GENERAL PURPOSE | $250 |
ELECTRONIC ARTS INTERMIX PURPOSE: GENERAL PURPOSE | $1,000 |
WHITEBOX PURPOSE: GENERAL PURPOSE | $600 |
NEW YORK CITY BALLET PURPOSE: GENERAL PURPOSE | $500 |
DIA ART FOUNDATION PURPOSE: GENERAL PURPOSE | $500 |
BENTON BAINBRIDGE PURPOSE: ART PRIZE PERFORMANCE STIPEND | $500 |