Bronx Museum Of The Arts
- Assets
- $5.9m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 101
- Location
- Bronx, NY
- Founding
- 03/1973
- Data as of
- 06/2023
- EIN
- 13-2709368
Organization Overview
Bronx Museum Of The Arts, operating under the name Contemporary Art Museum, is located in Bronx, NY. The organization was established in 1973. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Contemporary Art Museum employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Contemporary Art Museum 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, Contemporary Art Museum generated $3.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $4.2m during the year ending 06/2023. 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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM'S EXHIBITIONS WERE ACCOMPANIED BY GALLERY TOURS CONDUCTED BY ARTISTS, CURATORS AND EDUCATORS; FILM SCREENINGS; WORKSHOPS; ARTIST DISCUSSIONS AND PANELS; READINGS AND PERFORMANCES. DURING FISCAL YEAR 2023, THE MUSEUM PRESENTED THE FOLLOWING EXHIBITIONS: JAMEL SHABAZZ: EYES ON THE STREETS, DAYDREAM 360: NY TEEN ARTISTS CURATED BY BRONX MUSEUM'S TEEN COUNCIL, EARTHSEED: AIM ARTIST IN RESIDENCE BY TIFFANY SMITH, MEDICINA DE AMOR: AIM ARTIST IN RESIDENCE BY GERARDO DEXTER CIPRIAN, ABIGAIL DEVILLE: BRONX HEAVENS, SWAGGER AND TENDERNESS: THE SOUTH BRONX PORTAITS BY JOHN AHEARN AND RIGOBERTO TORRES, DARREL ELLIS: REGENERATION, UNMASKING COMMUNITY: NY TEEN ARTISTS CURATED BY BRONX MUSEUM'S TEEN COUNCIL, AND DIANNE SMITH: TWO TURNTABLES AND A MICROPHONE.
ONGOING EDUCATION PROGRAMS INCLUDED THE GROUP VISITS PROGRAM; FAMILY AFFAIR; TEEN SUMMER PROGRAM; SCHOOL PARTNERSHIPS WITH PS 73 AND IS 218; AND AFTER-SCHOOL PROGRAMS SUCH AS TEEN COUNCIL, THE CASA PROGRAM WITH PS 73, AND TEEN THURSDAYS. THROUGH THE CITY-WIDE ART A CATALYST FOR CHANGE ANTI-GUN VIOLENCE INITIATIVE, FOUR AFTER-SCHOOL PROGRAMS CONTINUED WITH LOCAL PUBLIC SCHOOLS: I.S. 218, MS 301, MS 22, AND SCHOOL FOR EXCELLENCE HIGH SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Klaudio Rodriguez Executive Director | Officer | 70 | $269,117 |
Alan Highet CFO & Gen. Counsel (thru 1/23) | Officer | 70 | $204,226 |
Yvonne Garcia Chief Advance Officer | 70 | $147,979 | |
Shirley Solomon Deputy Director | 70 | $128,700 | |
Joseph Mizzi Chair | OfficerTrustee | 15 | $0 |
Susan Hinkson Vice Chair 1 | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kc Fabricators Sculpture Fabricators | 6/29/17 | $555,380 |
Sound Refrigeration & Air Conditioning Hvac Contractors | 6/29/17 | $287,931 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $55 |
| Fundraising events | $427,431 |
| Related organizations | $0 |
| Government grants | $1,227,692 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,964,436 |
| Noncash contributions included in lines 1a–1f | $272,075 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,619,614 |
| Total Program Service Revenue | $0 |
| Investment income | $145,509 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,815 |
| Net Gain/Loss on Asset Sales | $128,021 |
| Net Income from Fundraising Events | -$226,450 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,684,605 |
| 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. | $431,920 |
| Compensation of current officers, directors, key employees. | $32,896 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,366,971 |
| Pension plan accruals and contributions | $104,178 |
| Other employee benefits | $315,280 |
| Payroll taxes | $130,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $91,553 |
| Fees for services: Accounting | $201,202 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $273,516 |
| Advertising and promotion | $164,586 |
| Office expenses | $200,532 |
| Information technology | $10,248 |
| Royalties | $0 |
| Occupancy | $255,473 |
| Travel | $77,836 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,956 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,124 |
| Insurance | $150,778 |
| All other expenses | $351,456 |
| Total functional expenses | $4,204,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,494 |
| Savings and temporary cash investments | $256,788 |
| Pledges and grants receivable | $251,328 |
| Accounts receivable, net | $618,254 |
| 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 | $0 |
| Net Land, buildings, and equipment | $764,500 |
| Investments—publicly traded securities | $3,930,495 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,948,859 |
| Accounts payable and accrued expenses | $383,322 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $383,322 |
| Net assets without donor restrictions | $3,783,814 |
| Net assets with donor restrictions | $1,781,723 |
| 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 | $5,948,859 |