Bric Arts Media Bklyn Inc, operating under the name Bric, is located in Brooklyn, NY. The organization was established in 1981. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Bric employed 269 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bric 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 06/2021, Bric generated $12.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $13.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BRIC IS A LEADING ARTS AND MEDIA INSTITUTION ANCHORED IN DOWNTOWN BROOKLYN WHOSE WORK SPANS CONTEMPORARY VISUAL AND PERFORMING ARTS, MEDIA, AND CIVIC ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIC IS THE NEW YORK EMMY AWARD-WINNING PUBLIC ACCESS TELEVISION ORGANIZATION FOR BROOKLYN, NEW YORK. WE OFFER LOW-COST MEDIA PRODUCTION CLASSES AND FREE ACCESS TO TELEVISION PRODUCTION FACILITIES. WE AIR COMMUNITY-PRODUCED FREE SPEECH CONTENT ON OUR CABLE NETWORK, AND IN-HOUSE CONTENT FOCUSED ON BROOKLYN. BRIC EQUIPMENT AND FACILITIES USES WERE DRAMATICALLY AFFECTED BY CLOSURES RELATED TO COVID. BRIC WAS CLOSED TO THE PUBLIC FOR SUBSTANTIAL PORTIONS OF THE YEAR, THOUGH EQUIPMENT WAS CHECKED OUT TO THE PUBLIC ON A LIMITED BASIS. IN FY21, THERE WERE ABOUT 500 SEPARATE USES OF OUR COMMUNITY MEDIA EQUIPMENT AND STUDIOS. CABLECAST OF PROGRAMS WAS UNINTERRUPTED WITH ABOUT 8,000 SHOWS SUBMITTED FOR AIRING ON PUBLIC ACCESS CHANNELS. IN ADDITION, BRIC PROVIDED A DAILY THREE-HOUR TIMESLOT PROGRAMMED BY THE BROOKLYN BOARD OF EDUCATION FOR PUBLIC SCHOOL REMOTE CLASSES. IN ADDITION, BRIC TV PRODUCED ABOUT 500 HOURS OF PROGRAMMING ABOUT BROOKLYN. BRIC MEDIA EDUCATION OFFERED 346 CLASSES, 131 COVID-BASED RETRAINING PROGRAMS, AND 6 GENERAL-PUBLIC PROGRAMS TOTALING 483 OFFERINGS. ALL CLASSES ARE FREE OR LOW-COST. 4,487 STUDENTS ENROLLED AND 2,500 STUDENTS ATTENDED. CLASSES INCLUDED STUDENTS FROM 35 STATES AND 20 COUNTRIES.
BRIC PERFORMING ARTS PROGRAMS INCLUDE PRESENTATION OF MUSIC, DANCE, THEATER, FILM AND SPOKEN WORD, AND SUPPORT FOR THE DEVELOPMENT OF NEW WORK. IN FY21, DUE TO THE IMPACT OF COVID-19, THE FLAGSHIP BRIC CELEBRATE BROOKLYN! FESTIVAL WAS PRESENTED AS A TWO-DAY MULTI-PLATFORM DIGITAL EVENT AND GARNERED OVER 2M VIEWS FROM OVER 20 COUNTRIES. ADDITIONAL VIRTUAL PRESENTATIONS OF BRIC JAZZ FEST AND BRICLAB ENGAGED OVER 5,800 VIEWERS. OFFERINGS UNDER THE HEADING OF BRIC X HOME, INCLUDING OVER 50 ONLINE PROGRAMS THAT EMPLOYED DOZENS OF PERFORMING ARTISTS ENGAGED THOUSANDS OF AUDIENCE MEMBERS.
BRIC CONTEMPORARY ART AND MEDIA PROGRAMS INCLUDE EXHIBITIONS, PUBLIC EVENTS AND AN INNOVATIVE EDUCATION PROGRAM AT OUR 3,000 SQUARE FOOT GALLERY AT BRIC HOUSE AND AROUND THE BOROUGH. OUR AIM IS TO INCREASE THE VISIBILITY THROUGHOUT BRIC HOUSE AND ACCESSIBILITY OF CONTEMPORARY ART AND MEDIA WHILE BRIDGING THE GAP BETWEEN THE ART WORLD AND GLOBAL CULTURE IN BROOKLYN. IN ADDITION, OUR ART EDUCATION PROGRAMS BRING THESE EXPERIENCES TO STUDENTS THROUGHOUT NEW YORK. ABOUT 1,500 STUDENTS PARTICIPATED IN OUR SCHOOL-BASED ART EDUCATION PROGRAM AND ACTIVITIES IN 42 SCHOOLS AND COMMUNITY CENTERS AND BRIC HOUSE DELIVERY OF DIGITAL EDUCATION CONTENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristina Newman-Scott President | Officer | 45 | $293,405 |
Sharon A Polli Evp, Advancement (until 04/21) | Officer | 40 | $169,373 |
Anthony Riddle Vp, Communication Media | Officer | 40 | $164,940 |
Aziz E Isham Executive Prod (until 10/20) | Officer | 40 | $163,791 |
Anhelo Reyes Svp, Marketing & Communication | 40 | $135,528 | |
Elaine Bowen Director Of Development | 40 | $133,746 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Square Indigo Building Mgmt/constr | 6/29/20 | $840,942 |
Wme Img Holdings Llc Artist Mgmt | 6/29/20 | $104,500 |
Wme Img Holdings Llc Artist Mgmt | 6/29/20 | $104,500 |
Square Indigo Building Mgmt/constr | 6/29/20 | $840,942 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,276,226 |
All other contributions, gifts, grants, and similar amounts not included above | $1,900,432 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,176,658 |
Total Program Service Revenue | $9,047,027 |
Investment income | $8,605 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,597 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,315,164 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,000,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $990,766 |
Compensation of current officers, directors, key employees. | $715,296 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,330,271 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $695,267 |
Payroll taxes | $554,657 |
Fees for services: Management | $0 |
Fees for services: Legal | $92,389 |
Fees for services: Accounting | $51,360 |
Fees for services: Lobbying | $64,250 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,600,033 |
Advertising and promotion | $374,861 |
Office expenses | $302,473 |
Information technology | $264,309 |
Royalties | $0 |
Occupancy | $493,642 |
Travel | $13,344 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $80 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $785,765 |
Insurance | $134,424 |
All other expenses | $0 |
Total functional expenses | $13,892,888 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,746,187 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $1,163,893 |
Accounts receivable, net | $2,327,488 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $208,043 |
Net Land, buildings, and equipment | $12,416,697 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $224,516 |
Total assets | $22,086,824 |
Accounts payable and accrued expenses | $1,118,071 |
Grants payable | $0 |
Deferred revenue | $297,547 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $13,925 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $3,391,882 |
Other liabilities | $27,500 |
Total liabilities | $4,848,925 |
Net assets without donor restrictions | $5,101,005 |
Net assets with donor restrictions | $12,136,894 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $22,086,824 |
Over the last fiscal year, we have identified 1 grants that Bric Arts Media Bklyn Inc has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Stearns Charitable Trust Boston, MA PURPOSE: PROGRAM SUPPORT | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Kimmel Center Inc Philadelphia, PA | $245,953,445 | $41,081,924 |
Brooklyn Academy Of Music Inc Brooklyn, NY | $168,013,887 | $29,572,079 |
South Street Theater Co Inc Morristown, NJ | $25,009,095 | $16,372,684 |
Bric Arts Media Bklyn Inc Brooklyn, NY | $22,086,824 | $12,315,164 |
The Apollo Theater Foundation Inc New York, NY | $69,978,827 | $33,324,849 |
New Haven Center For Performing Arts Inc Waterbury, CT | $12,801,705 | $9,109,828 |
Performing Arts Consultants Inc Brick, NJ | $2,328,922 | $7,486,685 |
Shen Yun Performing Arts Inc Cuddebackville, NY | $196,627,077 | $30,836,971 |
Foundation For Contemporary Arts Inc New York, NY | $44,020,214 | $7,582,108 |
National Comedy Center Operator Inc Jamestown, NY | $24,581,570 | $2,926,105 |
World Trade Center Performing Arts Center Inc New York, NY | $505,865,812 | $148,493,145 |
Associated Production Services Inc Trevose, PA | $3,216,743 | $4,781,597 |