55 Mercer Street Artists Inc
- Assets
- $45.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 10/1989
- Data as of
- 05/2022
- EIN
- 13-3022881
Organization Overview
55 Mercer Street Artists Inc is located in Brooklyn, NY. The organization was established in 1989. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. 55 Mercer Street Artists 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 05/2022, 55 Mercer Street Artists Inc generated $82.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $91.1k during the year ending 05/2022. While expenses have increased by 11.0% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ART SHOWS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annette Morriss President | 0 | $0 | |
Ed Rath Treasurer | 0 | $0 | |
Karen Gentile Vice President | 0 | $0 | |
Emily Stedman Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $82,240 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $73 |
| Total Revenue | $82,319 |
| 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 | $21,710 |
| Occupancy, rent, utilities, and maintenance | $63,762 |
| Printing, publications, postage, and shipping | $760 |
| Other expenses | $4,912 |
| Total expenses | $91,144 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,912 |
| Other assets | $0 |
| Total assets | $45,190 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,190 |
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