Heritage Of Pride Inc
- Assets
- $777.9k
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 18
- Location
- New York, NY
- Founding
- 06/1998
- Data as of
- 09/2023
- EIN
- 13-3299634
Organization Overview
Heritage Of Pride Inc, operating under the name Nyc Pride, is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (R30) the organization is classified as: Intergroup & Race Relations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 09/2023, Nyc Pride employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nyc Pride 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 09/2023, Nyc Pride generated $5.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $6.8m during the year ending 09/2023. While expenses have increased by 14.8% per year over the past 8 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.
Since 2019, Nyc Pride has awarded 49 individual grants totaling $838,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HERITAGE OF PRIDE WORKS TOWARD A FUTURE WITHOUT DISCRIMINATION WHERE ALL PEOPLE HAVE EQUAL RIGHTS UNDER THE LAW. WE DO THIS BY PRODUCING LGBTQIA+ PRIDE EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HERITAGE OF PRIDE WORKS TOWARD A FUTURE WITHOUT DISCRIMINATION WHERE ALL PEOPLE HAVE EQUAL RIGHTS UNDER THE LAW. TO ACHIEVE THIS GOAL, THE ORGANIZATION PRODUCES LGBTQIA+ PRIDE EVENTS THAT INSPIRE, EDUCATE, COMMEMORATE AND CELEBRATE THE DIVERSE LGBTQIA+ COMMUNITY. THE PRIDE MARCH BEGAN AS AN ANNUAL CIVIL RIGHTS DEMONSTRATION THE YEAR AFTER THE NEW YORK CITY STONEWALL RIOTS OF 1969. OVER THE YEARS,THE MARCH HAS EVOLVED TO A CELEBRATION OF LIFE AND THE PROMOTION OF PRIDE AND SENSE OF COMMUNITY THROUGH A WEEK LONG SERIES OF EVENTS. OTHER ANNUAL PRIDE EVENTS INCLUDE: PRIDEFEST, THE ANNUAL LGBTQIA+ STREET FAIR; ANNUAL DANCE EVENTS, WHERE PEOPLE OF DIFFERENT BACKGROUNDS AND CULTURES COME TOGETHER TO CELEBRATE DIVERSITY; AND THE PRIDE RALLY, FEATURING WELLKNOWN PERFORMERS AND MOTIVATING SPEAKERS FROM THE LGBTQIA+ COMMUNITY WHICH MARKS THE BEGINNING OF THE PRIDE WEEK EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Co-Chair | OfficerTrustee | 10 | $0 |
Name Not Listed Secretary | OfficerTrustee | 10 | $0 |
Name Not Listed Co-Chair | OfficerTrustee | 10 | $0 |
Name Not Listed Dai Committee Director | Trustee | 10 | $0 |
Name Not Listed Community Relations Director | Trustee | 10 | $0 |
Name Not Listed March Director | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ldj Productions Llc Video & Lighting | 9/29/23 | $1,452,000 |
Powerphyl Media Solutions Media | 9/29/23 | $293,651 |
Endeavor Parent Llc Dba The Wall Group Llc Production | 9/29/23 | $150,500 |
John Sheehan Dba Sheehan Sons Security Llc Security | 9/29/23 | $126,761 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $193,944 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,862,638 |
| Noncash contributions included in lines 1a–1f | $131,707 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,056,582 |
| Total Program Service Revenue | $1,538,292 |
| Investment income | $25,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$64,032 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $59,654 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,616,262 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $140,600 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $228,228 |
| Compensation of current officers, directors, key employees. | $34,717 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $709,152 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $86,454 |
| Payroll taxes | $67,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,491 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,980,079 |
| Advertising and promotion | $472,403 |
| Office expenses | $106,924 |
| Information technology | $93,574 |
| Royalties | $0 |
| Occupancy | $230,729 |
| Travel | $94,630 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $98,685 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,141 |
| Insurance | $226,165 |
| All other expenses | $0 |
| Total functional expenses | $6,841,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $304,008 |
| Savings and temporary cash investments | $2,258 |
| Pledges and grants receivable | $108,254 |
| Accounts receivable, net | $0 |
| 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 | $13,013 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $350,351 |
| Total assets | $777,884 |
| Accounts payable and accrued expenses | $1,430,705 |
| 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 | $545,912 |
| Other liabilities | $348,842 |
| Total liabilities | $2,325,459 |
| Net assets without donor restrictions | -$1,547,575 |
| 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 | $777,884 |
Grants Awarded
Over the last fiscal year, Heritage Of Pride Inc has awarded $90,600 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
OUT MY CLOSET INC PURPOSE: Pride Island Working Grant | $18,700 |
THE PRIDE NETWORK - NEWARK PURPOSE: Pride Island Working Grant | $14,000 |
NYC GAYMERS INC PURPOSE: Pride Island Working Grant | $10,000 |
CARIBBEAN EQUALITY PROJECT INC PURPOSE: Pride Gives Back Grant | $10,000 |
BALLROOM WE CARE INC PURPOSE: Pride Gives Back Grant | $8,000 |
TRANSNEWYORK INC PURPOSE: Pride Island Working Grant | $8,000 |