East Harlem Arts & Education
- Assets
- $9.6m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 22
- Location
- New York, NY
- Founding
- 02/1979
- Data as of
- 06/2023
- EIN
- 13-2911879
Organization Overview
East Harlem Arts & Education is located in New York, NY. The organization was established in 1979. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, East Harlem Arts & Education employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Harlem Arts & Education 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, East Harlem Arts & Education generated $4.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $3.4m during the year ending 06/2023. While expenses have increased by 2.7% 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
TO PROVIDE BUILDING MANAGEMENT AND RENTAL REAL ESTATE TO NON-PROFIT OR GOVERNMENTAL AGENCIES WHOSE MISSIONS IS STRENGTHEN THE SENSE OF SHARED COMMUNITY AND CULTURE AMONG PEOPLE OF DIFFERENT BACKGROUNDS THROUGH EDUCATION AND THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION LEASES PROPERTY LOCATED AT 1 EAST 104TH STREET NEW YORK, NY 10029, FROM THE CITY OF NEW YORK AND SUBLEASES THE PROPERTY TO VARIOUS NOT-FOR-PROFIT ENTITIES ENGAGED IN THE FIELDS OF ART AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Galvez Chairman | OfficerTrustee | 35 | $49,660 |
Bonnie Nichols Dir.of Facilities | 35 | $196,217 | |
Erica Vargas Not Disclosed Treasurer | OfficerTrustee | 3 | $0 |
David Perez Secretary | OfficerTrustee | 3 | $0 |
Mohammad Shoaib Director | Trustee | 3 | $0 |
Joel Osorio Not Disclosed Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Euro Castle Construction Corp Roofing Contractor | 6/29/23 | $234,293 |
Djr Group General Contractor | 6/29/23 | $192,731 |
Kone Inc Elevator Contractor | 6/29/23 | $128,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,127,677 |
| Investment income | $293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $4,152,575 |
| 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. | $49,660 |
| Compensation of current officers, directors, key employees. | $49,660 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,013,011 |
| Pension plan accruals and contributions | $190 |
| Other employee benefits | $82,817 |
| Payroll taxes | $102,823 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,250 |
| Fees for services: Accounting | $15,500 |
| Fees for services: Lobbying | $60,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,411 |
| Advertising and promotion | $0 |
| Office expenses | $19,368 |
| Information technology | $19,597 |
| Royalties | $0 |
| Occupancy | $1,541,305 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $254 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $149,885 |
| All other expenses | $0 |
| Total functional expenses | $3,400,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,806,549 |
| Savings and temporary cash investments | $1,507,805 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$501,491 |
| 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 | $66,571 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,765,100 |
| Total assets | $9,644,534 |
| Accounts payable and accrued expenses | $311,951 |
| Grants payable | $0 |
| Deferred revenue | $377,508 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $76,949 |
| 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 | $5,335,173 |
| Total liabilities | $6,101,581 |
| Net assets without donor restrictions | $3,542,953 |
| Net assets with donor restrictions | $0 |
| 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 | $9,644,534 |