Eyebeam Atelier Inc
- Assets
- $1.9m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Brooklyn, NY
- Founding
- 10/1997
- Data as of
- 06/2022
- EIN
- 13-3952075
Organization Overview
Eyebeam Atelier Inc is located in Brooklyn, NY. The organization was established in 1997. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Eyebeam Atelier Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eyebeam Atelier 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 06/2022, Eyebeam Atelier Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 4.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EYEBEAM IS AN ART AND TECHNOLOGY CENTER THAT PROVIDES A FERTILE CONTEXT AND STATE OF THE ART TOOLS FOR DIGITAL EXPERIMENTATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENCIES AND FELLOWSHIPS: SUPPORT CREATIVE WORK AND TECHNOLOGICAL INVENTION BY ARTISTS, THROUGH ON-SITE AND ONLINE COMMUNITY BUILDING, PROFESSIONAL DEVELOPMENT, AND DIRECT FUNDING. RAPID RESPONSE: A SWIFT PROGRAMMATIC RESPONSE TO COVID-19, PROVIDING URGENTLY NEEDED RESOURCES TO ARTISTS WHO WERE DEVELOPING REAL-WORLD SOLUTIONS IN THE FACE OF THE GLOBAL PANDEMIC AS WELL AS THE PROTESTS IN SUPPORT OF BLACK LIVES. OUR AIM IN DISTRIBUTING CASH AMONG MANY ARTISTS HAS BEEN TO NOT ONLY SUPPORT THEM THROUGH THIS CRISIS BUT ALSO TO GENERATE IDEAS AND PROJECTS THAT REBUILD OR ENACT SOLUTIONS TO EXISTING DIGITAL SYSTEMS, THUS IMPROVING THE PUBLICS LIVED SOCIAL EXPERIENCE AND INTERACTION WITH TECHNOLOGY.
EYEBEAM CENTER FOR THE FUTURE OF JOURNALISM: AN EXPERIMENTAL GRANT-MAKING PROGRAM THAT SUPPORTS ARTISTS AND ARTIST-JOURNALIST TEAMS PRODUCING INNOVATIVE AND REVELATORY JOURNALISTIC WORK FOR MAJOR MEDIA OUTLETS.
PUBLIC PROGRAMS: PRESENTATION OF WORKS CREATED BY EYEBEAM ARTISTS THROUGH CONFERENCES, EXHIBITIONS, AND PUBLIC DISCUSSIONS. ALSO INCLUDING EYEBEAM ARTIST-LED ADULT WORKSHOPS AND YOUTH EDUCATION PROGRAMS FOR LEARNING TECHNOLOGY THROUGH CREATIVE TRAINING. MOST PROGRAMS ARE FREE, ALL OTHERS ARE LOW-COST AND SUBSIDIZED FOR EQUITABLE ACCESS.
OTHER PROGRAMS: EYEBEAM OFFERS OPPORTUNITIES FOR FISCAL SPONSORSHIP SUPPORT FOR CURRENT RESIDENTS, NETWORKS, AND ALUMNI. SUPPORT IS OFFERED AT EYEBEAMS DISCRETION FOR PROJECTS THAT FIT OUR OPENNESS, INVENTION, AND JUSTICE CRITERIA. ADDITIONALLY, EYEBEAM WORKS WITH PROGRAMMATIC PARTNERS NATIONALLY AND INTERNATIONALLY TO SUPPORT ONLINE RESIDENCY. THE PARTNERSHIP AND CONTRACT ON BEHALF OF HYUNDAI MOTOR GROUP AND BIRMINGHAM OPEN MEDIA ALLOWED EYEBEAM TO WORK WITH RECOMMENDED ARTISTS / PRODUCERS / CREATIVE TECHNOLOGISTS AND PRODUCERS TO CARRY OUT ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roddy Schrock Executive Director | Officer | 40 | $116,371 |
Joseph P Versace Chair | OfficerTrustee | 1 | $0 |
Emma Canarick Vice-Chair | OfficerTrustee | 1 | $0 |
Ellen Sandor Secretary | OfficerTrustee | 1 | $0 |
Rufaro Makanda Treasurer | OfficerTrustee | 1 | $0 |
Jed Alpert Chair Emeritus | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $187,850 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,298,678 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,486,528 |
| Total Program Service Revenue | $28,779 |
| Investment income | $2,190 |
| 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 | $1,554,448 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $480,000 |
| Grants and other assistance to domestic individuals. | $56,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $126,758 |
| Compensation of current officers, directors, key employees. | $31,690 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $325,820 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,974 |
| Payroll taxes | $38,329 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $76,543 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $294,134 |
| Advertising and promotion | $6,064 |
| Office expenses | $27,303 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,251 |
| 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 | $23,059 |
| Insurance | $12,946 |
| All other expenses | $11,805 |
| Total functional expenses | $1,548,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,100 |
| Savings and temporary cash investments | $802,793 |
| Pledges and grants receivable | $478,099 |
| Accounts receivable, net | $8,617 |
| 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 | $50,427 |
| Net Land, buildings, and equipment | $3,546 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $63,908 |
| Other assets | $1,150 |
| Total assets | $1,888,640 |
| Accounts payable and accrued expenses | $54,843 |
| 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 | $54,843 |
| Net assets without donor restrictions | $797,628 |
| Net assets with donor restrictions | $1,036,169 |
| 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 | $1,888,640 |
Grants Awarded
Over the last fiscal year, Eyebeam Atelier Inc has awarded $345,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RAP RESEARCH LAB LLC PURPOSE: 5G EDTECH CHALENGE WINNER: MAPPER'S DELIGHT | $300,000 |
HACKINGHUSTLING PURPOSE: HOST INTERNET FREEDOM FESTIVAL | $30,000 |
HARVARD UNIVERSITY PURPOSE: SURFACE PATTERNED OMNIPHOBIC TILES PROJECT | $15,000 |