Chashama Inc
- Assets
- $1.2m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 31
- Location
- New York, NY
- Founding
- 05/1996
- Data as of
- 06/2021
- EIN
- 13-3862422
Organization Overview
Chashama Inc is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Chashama Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chashama 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 06/2021, Chashama Inc 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 6.5% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 7.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHASHAMA BRINGS TOGETHER ARTISTS AND PROPERTY OWNERS TO PROVIDE SPACE WHERE ARTISTS CAN LIVE, WORK, AND PRESENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPACE TO CREATE GIVES ARTISTS AFFORDABLE STUDIO SPACE. IT'S ONE OF THE LARGEST SUBSIDIZED STUDIO RESIDENCY PROGRAMS IN NEW YORK, AND IT INCLUDES PROFESSIONAL DEVELOPMENT WORKSHOPS AND ANNUAL OPEN STUDIO EVEBTS. WE CURRENTLY HAVE 137 STUDIOS ACROSS THE CITY, MANY OF WHICH ARE LOCATED AT OUR HUB AT THE HISTORIC BROOKLYN ARMY TERMINAL.
SPACE TO PRESENT PROVIDES FREE PRESENTATION SPACES TO PERFORMERS, VISUAL ARTISTS, AND CURATORS, ANNUALLY GIVING 300 ARTISTS THE OPPORTUNITY TO PRESENT THEIR WORK IN PROFESSIONAL, HIGHLY VISIBLE VENUES IN A RANGE OF LOCATIONS IN NEW YORK. OUR PROGRAM NURTURES EXCELLENCE IN THE PRESENTATION OF INNOVATIVE, CULTURALLY DIVERSE ART AND EXPANDS THE PUBLIC'S ACCESS TO QUALITY ARTISTIC PRESENTATION.
SPACE TO CONNECT COLLABORATES WITH SOCIAL SERVICE ORGANIZATIONS TO CREATE HIGH QUALITY FREE ARTS PROGRAMMING FOR UNDER-RESOURCED COMMUNITIES IN THE BRONX, WASHINGTON HEIGHTS, AND QUEENS. LAST YEAR WE PROVIDED 150 FREE CLASSES TO 1,500 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Dale Director | OfficerTrustee | 1 | $8,000 |
Anita Durst President | OfficerTrustee | 35 | $0 |
Cindy Scholz Chairman | OfficerTrustee | 1 | $0 |
Lydia Mak Treasurer | Trustee | 1 | $0 |
Gavin Steinberg Director | Trustee | 1 | $0 |
Carole Feuerman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $492,088 |
| All other contributions, gifts, grants, and similar amounts not included above | $552,803 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,044,891 |
| Total Program Service Revenue | $794,442 |
| Investment income | $0 |
| 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 | $1,928,554 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $17,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $678,124 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $77,136 |
| Payroll taxes | $49,742 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,658 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $272,509 |
| Advertising and promotion | $15,095 |
| Office expenses | $31,990 |
| Information technology | $22,521 |
| Royalties | $0 |
| Occupancy | $285,754 |
| Travel | $22,816 |
| 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 | $41,016 |
| Insurance | $37,761 |
| All other expenses | $0 |
| Total functional expenses | $1,842,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $675,928 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $377,684 |
| Accounts receivable, net | $34,264 |
| 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 | $39,751 |
| Net Land, buildings, and equipment | $99,210 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,226,837 |
| Accounts payable and accrued expenses | $62,569 |
| Grants payable | $0 |
| Deferred revenue | $125,626 |
| 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 | $125,074 |
| Other liabilities | $143,131 |
| Total liabilities | $456,400 |
| Net assets without donor restrictions | $493,841 |
| Net assets with donor restrictions | $276,596 |
| 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 | $1,226,837 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Chashama Inc has recieved totaling $175,864.
| Awarding Organization | Amount |
|---|---|
Rockefeller Brothers Fund Inc New York, NY PURPOSE: FOR ITS ENLIVEN NYC PROJECT | $150,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $10,250 |
Barbara And Donald Tober Foundation Attn Jack Vivinetto New York, NY PURPOSE: GENERAL SUPPORT | $6,000 |
Organization Name not Listed PURPOSE: ARTS AND CULTURE | | $5,000 |
Elaine Dannheisser Foundation New York, NY PURPOSE: GENERAL SUPPORT | $3,500 |
The Zankel Scala Family Foundation Wilmington, DE PURPOSE: RESTRICTED TO SOREFRONT STARTUP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Street Theater Co Inc Morristown, NJ | $25,009,095 | $16,372,684 |
Bric Arts Media Bklyn Inc Brooklyn, NY | $22,086,824 | $12,315,164 |
The Apollo Theater Foundation Inc New York, NY | $69,978,827 | $33,324,849 |
New Haven Center For Performing Arts Inc Waterbury, CT | $12,801,705 | $9,109,828 |
Performing Arts Consultants Inc Brick, NJ | $2,328,922 | $7,486,685 |
Shen Yun Performing Arts Inc Cuddebackville, NY | $196,627,077 | $30,836,971 |
Foundation For Contemporary Arts Inc New York, NY | $44,020,214 | $7,582,108 |
National Comedy Center Operator Inc Jamestown, NY | $24,581,570 | $2,926,105 |
World Trade Center Performing Arts Center Inc New York, NY | $505,865,812 | $148,493,145 |
Associated Production Services Inc Trevose, PA | $3,216,743 | $4,781,597 |
The Mattress Factory Pittsburgh, PA | $6,739,687 | $2,768,754 |
Rosies Theater Kids Inc New York, NY | $7,813,636 | $2,330,340 |