New Utility Inc
- Assets
- $38.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 82-3997858
Organization Overview
New Utility Inc is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. New Utility 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, New Utility Inc generated $124.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $177.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abby Zbikowski Artistic Director | 20 | $6,746 | |
Fiona Lundie Company Manager | 30 | $8,488 | |
Rashana Smith Member Of Board Of Directors | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,243 |
| Total Program Service Revenue | $112,403 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,801 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $94,711 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $916 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $81,834 |
| Total expenses | $177,461 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,475 |
| Other assets | $0 |
| Total assets | $38,475 |
| Total liabilities | $1,440 |
| Net assets or fund balances | $37,035 |