Salvadori Center Ltd is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Salvadori Center Ltd employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salvadori Center Ltd 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 06/2023, Salvadori Center Ltd generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $2.4m during the year ending 06/2023. While expenses have increased by 6.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O. SALVADORI'S MISSION IS TO TEACH SCIENCE, TECHNOLOGY, ENGINEERING, ARTS/ARCHITECTURE, AND MATH (STEAM) TO ALL K-12 STUDENTS BUT PRIMARILY THOSE IN UNDER-RESOURCED COMMUNITIES, THROUGH A COLLABORATIVE, HANDS-ON, PROJECT-BASED APPROACH THAT USES THE BUILT ENVIRONMENT - BUILDINGS, BRIDGES, PARKS, AND COMMUNITIES - TO SHOW STUDENTS HOW STEAM IS RELEVANT TO THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALVADORI HAS A WIDE VARIETY OF MULTI-DAY IN-SCHOOL, AFTER-SCHOOL, AND SUMMER PROGRAMS THAT ENHANCE SOCIAL AND EMOTIONAL LEARNING THROUGH A COLLABORATIVE AND PROJECT-BASED APPROACH, ALLOWING STUDENTS TO SEE HOW SCIENCE, TECHNOLOGY, ENGINEERING, ARCHITECTURE/ARTS, AND MATH (STEAM) IS A PART OF EVERYDAY LIFE. SALVADORI PROGRAMS HELP STUDENTS UNDERSTAND THE RELEVANCE OF WHAT THEY ARE LEARNING BY CONNECTING GRADE-SPECIFIC MATH, SCIENCE, AND ARTS CONCEPTS TO THEIR CULTURES, COMMUNITIES, AND THEIR IMMEDIATE BUILT ENVIRONMENT - BUILDINGS, BRIDGES, PARKS, AND COMMUNITIES - SO THEY CAN SEE THEMSELVES AS SUCCESSFUL IN STEAM DEGREES AND CAREERS. CONTINUES ON SCHEDULE O STUDENTS LEARN NEW THINGS ABOUT THE CITY THEY LIVE IN. THEY SEE THE MATH AND SCIENCE IN THE BUILDINGS THEY ENTER, THE BRIDGES THEY CROSS, AND THE PARKS THEY PLAY IN. THEY QUICKLY UNDERSTAND WHY MATH AND SCIENCE ARE RELEVANT TO THEIR LIVES. THE TEACHERS WE COACH BECOME OUR STRONGEST ADVOCATES AND SCHOOLS RETURN TO WORK WITH US YEAR AFTER YEAR. IN FACT, OVER 70% OF SCHOOLS RETURNED EACH YEAR. SALVADORI EDUCATORS WORK WITH SCHOOLS TO BUILD DURABLE SKILLS, ENGAGE ALL STUDENTS, PROVIDE RESULTS THAT REFLECT HIGH LEVELS OF OWNERSHIP, AND DIRECTLY SUPPORT EDUCATIONAL STANDARDS THROUGH THE (4) PILLARS WITH AN EMPHASIS ON: COLLABORATION - WORKING TOGETHER TO HYPOTHESIZE, BUILD, TEST, AND SOLVE PROBLEMS CRITICAL THINKING - ANALYZING HOW AND WHY THINGS WORK CREATIVITY - POSING CREATIVE SOLUTIONS TO REAL-WORLD CHALLENGES COMMUNICATION - LISTENING, LEARNING, AND ARTICULATING COMPLEX IDEAS AND CONCEPTS OUR PROGRAMS HELP SCHOOLS: MAKE MATH, SCIENCE, AND THE ARTS INTELLECTUALLY ACCESSIBLE FOR ALL LEARNERS INCREASE STUDENT COMPREHENSION AND SUCCESS AT GRADE-LEVEL MATH AND SCIENCE LAY THE FOUNDATION FOR FUTURE STEAM DEGREES AND/OR CAREERS OUR PRICES HAVE NOT CHANGED SINCE 2013! LAST YEAR, SALVADORI PROVIDED PROFESSIONAL DEVELOPMENT AND MENTORING TO 738 TEACHERS AND TAUGHT A TOTAL OF 8,979 STUDENTS THROUGH 3,248 SESSIONS, IN 338 CLASSES FOR AN IMPRESSIVE 99,309 CONTACT HOURS! WE ARE VERY PROUD TO HAVE A CULTURE OF SERVICE AND TO BE ABLE TO RESPOND AND HELP STUDENTS IN NEED! ASSESSING WHAT WE VALUE FOR EIGHT YEARS OUR INDEPENDENT ASSESSMENTS SHOW SALVADORI PROGRAMS YIELD STATISTICALLY SIGNIFICANT POSITIVE CHANGE IN STUDENT COMPREHENSION AROUND GRADE-SPECIFIC MATH AND SCIENCE CONCEPTS. AND IN 2019/2020, A NEW ASSESSMENT SHOWED THAT SALVADORI STUDENTS PERFORMED SIGNIFICANTLY BETTER ON STANDARDIZED TESTS! PERHAPS EVEN MORE IMPRESSIVE, A NEW YORK UNIVERSITY STUDY COMPARED SALVADORI STUDENTS WITH NON-SALVADORI STUDENTS AND FOUND THAT STUDENTS WHO DIDN'T RECEIVE SALVADORI PROGRAMS SHOWED A STEADY DECREASE IN THEIR PERCEPTION THAT MATH AND SCIENCE ARE RELEVANT. STUDENTS WHO RECEIVED SALVADORI INCREASED THEIR PERCEPTION THAT MATH AND SCIENCE ARE RELEVANT AND MAINTAINED A SENSE THAT MATH AND SCIENCE ARE RELEVANT EVEN MONTHS AFTER THE PROGRAM ENDED. QUALITATIVE AND ANECDOTAL DATA COLLECTED FROM CLASSROOM TEACHERS, SALVADORI EDUCATORS, AND STUDENTS COMPLEMENT AND REINFORCE INDEPENDENT ASSESSMENT FINDINGS ARE AVAILABLE ON OUR WEBSITE). IN SUMMARY, SALVADORI PROGRAMS: PROMOTE COLLEGE AND CAREER READINESS ENGAGE STUDENTS THROUGH PROJECT-BASED EXERCISES USE THE BUILT ENVIRONMENT AS A VEHICLE FOR LEARNING EMPLOY COLLABORATIVE PROBLEM SOLVING THAT INVOLVES ALL PARTICIPANTS PRODUCE RESULTS THAT REFLECT HIGH LEVELS OF CREATIVITY AND OWNERSHIP
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah Berman Secretary | OfficerTrustee | 2 | $0 |
Sabrina Kanner Board Chair | OfficerTrustee | 2 | $0 |
Jill N Lerner Faia Vice Chair | OfficerTrustee | 2 | $0 |
Joseph Mizzi Vice Chair | OfficerTrustee | 2 | $0 |
Robert W Mullen Vice Chair | OfficerTrustee | 2 | $0 |
Richard T Anderson General Counsel | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $405,260 |
Related organizations | $0 |
Government grants | $239,340 |
All other contributions, gifts, grants, and similar amounts not included above | $666,870 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,311,470 |
Total Program Service Revenue | $581,658 |
Investment income | $40,775 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$64,095 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,869,808 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $269,500 |
Compensation of current officers, directors, key employees. | $40,425 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,161,508 |
Pension plan accruals and contributions | $45,811 |
Other employee benefits | $170,361 |
Payroll taxes | $109,906 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,086 |
Fees for services: Lobbying | $72,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $159,069 |
Advertising and promotion | $37,045 |
Office expenses | $137,687 |
Information technology | $12,573 |
Royalties | $0 |
Occupancy | $155,856 |
Travel | $10,111 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,397 |
Insurance | $13,150 |
All other expenses | $0 |
Total functional expenses | $2,418,700 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $88,932 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $412,954 |
Accounts receivable, net | $291,934 |
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 | $14,387 |
Net Land, buildings, and equipment | $14,425 |
Investments—publicly traded securities | $1,404,526 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $507,893 |
Total assets | $2,735,051 |
Accounts payable and accrued expenses | $74,801 |
Grants payable | $0 |
Deferred revenue | $117,600 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $514,610 |
Total liabilities | $707,011 |
Net assets without donor restrictions | $1,890,440 |
Net assets with donor restrictions | $137,600 |
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 | $2,735,051 |