River Valley Arts Collective Inc
- Assets
- $15.7k
- Revenue
- $96.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Katonah, NY
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-3166973
Organization Overview
River Valley Arts Collective Inc is located in Katonah, NY. The organization was established in 2019. 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. River Valley Arts Collective 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, River Valley Arts Collective Inc generated $96.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $110.4k during the year ending 12/2021. 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 |
|---|---|---|---|
Candice Madey Secretary | 25 | $56,000 | |
Alyson Baker President | 5 | $3,000 | |
Mark Dion Board Member | 4 | $0 | |
Kristen Dodge Board Member | 4 | $0 | |
Clay Rockefeller Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $96,550 |
| Interest on Savings | $0 |
| 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 | $156 |
| Total Revenue | $96,706 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $59,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $451 |
| Other expenses | $37,391 |
| Total operating and administrative expenses | $107,442 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $110,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,487 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Other assets | $7,200 |
| Total assets | $15,687 |
| 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, River Valley Arts Collective Inc has awarded $3,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PATRICK MCCARTHY PURPOSE: ARTIST GRANT | $1,000 |
PADMAVATHY RAJENDRAN PURPOSE: ARTIST GRANT | $1,000 |
SHANTI GRUMBINE PURPOSE: ARTIST GRANT | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that River Valley Arts Collective Inc has recieved totaling $57,730.
| Awarding Organization | Amount |
|---|---|
Al Held Foundation Inc Boiceville, NY PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $40,000 |
The O Grady Foundation Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $12,500 |
Richard Salomon Family Foundation Inc New York, NY PURPOSE: CHARITABLE | $5,000 |
Cabbage Hill Farm Foundation Inc Armonk, NY PURPOSE: DONATION OF RAW SKIRTED WOOL AND ROVING | $230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |
Westchester Academic Library Directors Organization Inc New York, NY | $47,276,623 | $38,534,511 |
Pro Publica Inc New York, NY | $60,782,681 | $36,005,300 |
Pittsburgh Trust For Cultural Resources Pittsburgh, PA | $189,016,990 | $50,601,813 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Artsquest Bethlehem, PA | $46,615,180 | $27,430,533 |
Lincoln Park Performing Arts Center Midland, PA | $37,610,958 | $11,880,429 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |