Buffalo Institute For Contemporary Art Inc
- Assets
- $59.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 06/2018
- Data as of
- 06/2022
- EIN
- 82-5084828
Organization Overview
Buffalo Institute For Contemporary Art Inc is located in Buffalo, NY. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Buffalo Institute For Contemporary Art 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 06/2022, Buffalo Institute For Contemporary Art Inc generated $132.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $142.7k during the year ending 06/2022. 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 |
|---|---|---|---|
Rachel Adams Board Member | 5 | $0 | |
Ryan Arthurs Board Member | 5 | $0 | |
Kyla Kegler Board Member | 5 | $0 | |
Christopher Ryan Board Member | 5 | $0 | |
Emily Reynolds President | 10 | $0 | |
Fernando Alvarez-Perez Vice-President/treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,001 |
| Total Program Service Revenue | $60,193 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,174 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,796 |
| Occupancy, rent, utilities, and maintenance | $8,835 |
| Printing, publications, postage, and shipping | $18,678 |
| Other expenses | $106,539 |
| Total expenses | $142,748 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,483 |
| Other assets | $0 |
| Total assets | $59,483 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,483 |