City Center Danbury Events Inc
- Assets
- $120.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danbury, CT
- Founding
- 08/1994
- Data as of
- 03/2022
- EIN
- 06-1290494
Organization Overview
City Center Danbury Events Inc is located in Danbury, CT. The organization was established in 1994. 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. City Center Danbury Events 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 03/2022, City Center Danbury Events Inc generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $31.6k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (21.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND MAINTAIN DOWNTOWN BUSINESS AREAS OF DANBURY, CONNECTICUT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryant Aliaga Commissioner | 1 | $0 | |
Jim Nolan Commissioner | 1 | $0 | |
Jeffrey Mcdonough Commissioner | 1 | $0 | |
Debbie Pacific Commissioner | 1 | $0 | |
Roger Palanzo Commissioner | 1 | $0 | |
Paul Steinmetz Commissioner | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,298 |
| Total Program Service Revenue | $11,004 |
| Membership dues | $0 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,335 |
| 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 | $11,788 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,327 |
| Other expenses | $18,520 |
| Total expenses | $31,635 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,518 |
| Other assets | $0 |
| Total assets | $120,518 |
| Total liabilities | $21,214 |
| Net assets or fund balances | $99,304 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that City Center Danbury Events Inc has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Fairfield Countys Community Foundation Inc Norwalk, CT PURPOSE: FOR GENERAL SUPPORT. | $45,000 |
Peter And Carmen Lucia Buck Foundation Inc New York, NY PURPOSE: HEALTHY FOOD FOR HEALTHIER OLDER ADULTS: FOOD SECURITY WITH DIGNITY | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Consensus Building Institute Inc Cambridge, MA | $9,333,296 | $7,559,086 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |
Guild Hall Of East Hampton Inc East Hampton, NY | $35,896,554 | $17,394,413 |
City Lore Inc New York, NY | $1,966,661 | $4,516,520 |
New Haven International Festival Of Arts & Ideas Inc New Haven, CT | $2,354,201 | $4,042,570 |
Restart Factory Inc New York, NY | $6,049,280 | $3,828,840 |
Worcester Center For Performing Arts Inc Worcester, MA | $9,482,034 | $7,443,487 |
Norwalk Art Space Inc New York, NY | $124,938 | $3,539,843 |