Shed Nyc Inc

Organization Overview

Shed Nyc Inc, operating under the name The Shed, is located in New York, NY. The organization was established in 2013. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2019, Shed employed 1,054 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Shed generated $101.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $60.0m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE SHED COMMISSIONS ORIGINAL WORKS OF ART, ACROSS ALL DISCIPLINES, FOR ALL AUDIENCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LIVE PERFORMANCE PROGRAMMING LIVE PERFORMANCE PROGRAMMING IS AN ANNUAL SERIES OF NEW WORKS BY ESTABLISHED AND EMERGING ARTISTS ACROSS PERFORMING ARTS DISCIPLINES. DIVERSITY OF GENRE AND AUDIENCE EXPERIENCE GUIDES THE SHEDS ARTISTIC CHOICES, AS DOES COMMISSIONED ARTISTS APPETITES FOR EXPERIMENTATION. CONTINUED ON SCHEDULE O.


VISUAL ARTS PROGRAMMING VISUAL ARTS PROGRAMMING CONSISTED OF A SERIES OF EXHIBITIONS FEATURING NEW WORKS COMMISSIONED BY THE SHED FROM A RANGE OF BOTH ESTABLISHED AND EARLY-CAREER ARTISTS. CONTINUED ON SCHEDULE O.


CIVIC PROGRAMS BY CREATING SOCIALLY-ENGAGED WORK IN PARTNERSHIP WITH LOCAL COMMUNITIES, THE SHEDS CIVIC PROGRAMS DEVELOP NEW AVENUES TO ENGAGEMENT FOR ARTISTS AND AUDIENCES WHO HAVE NOT HISTORICALLY BEEN WELL SERVED BY LARGE MANHATTAN-BASED CULTURAL ORGANIZATIONS. CONTINUED ON SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Diller Scofidio Renfro Architects
Architecture
$3,522,474
Vital Management Solutions
Design Management
$675,551
Tait Towers Manufacturing
Theatrical Design
$490,996
Vayner Media Llc
Marketing
$1,809,065
Summit Security Services Inc
Security
$1,055,423
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,314,409
Fundraising events$2,615,939
Related organizations$0
Government grants $17,476,546
All other contributions, gifts, grants, and similar amounts not included above$69,162,673
Noncash contributions included in lines 1a–1f $2,698,970
Total Revenue from Contributions, Gifts, Grants & Similar$90,569,567
Total Program Service Revenue$6,672,590
Investment income $2,223
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,088,489
Net Gain/Loss on Asset Sales $957
Net Income from Fundraising Events -$366,990
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $55,778
Miscellaneous Revenue$0
Total Revenue $101,081,298

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Shed Nyc Inc has recieved totaling $96,011.

Awarding OrganizationAmount
Jewish Communal Fund

New York, NY

PURPOSE: General support

$75,250
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$20,761
View Grant Recipient Profile

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