Staten Island Institute Of Arts And Sciences
- Assets
- $4.1m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 32
- Location
- Staten Island, NY
- Founding
- 06/1940
- Data as of
- 06/2021
- EIN
- 13-5564127
Organization Overview
Staten Island Institute Of Arts And Sciences is located in Staten Island, NY. The organization was established in 1940. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Staten Island Institute Of Arts And Sciences employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Staten Island Institute Of Arts And Sciences 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, Staten Island Institute Of Arts And Sciences generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. 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
FOUNDED IN 1881 THE STATEN ISLAND MUSEUM ENGAGES VISITORS WITH INTERDISCIPLINARY EXHIBITIONS, PUBLIC PROGRAMS, AND EDUCATIONAL ACTIVITIES FOR ALL AGES. IT IS THE MISSION OF THE STATEN ISLAND MUSEUM TO SPARK CURIOSITY AND GENERATE MEANINGFUL SHARED EXPERIENCES THROUGH NATURAL SCIENCE, ART, AND HISTORY TO DEEPEN UNDERSTANDING OF OUR ENVIRONMENT, OURSELVES, AND EACH OTHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIONS & EXHIBITIONS - THE CURRENT MUSEUM COLLECTION RANGES FROM ALL TYPES OF OBJECTS AND ARTIFACTS RELATED TO SCIENCE, ART, ARCHAEOLOGY, HISTORY, AND THE ENVIRONMENT OF STATEN ISLAND. OVER 2 MILLION OBJECTS, ART WORKS, ARCHIVAL DOCUMENTS, PHOTOGRAPHS, BOOKS, AND SPECIMENS ARE HELD IN THIS COLLECTION FOR ALL VISITORS TO LEARN ABOUT, RESEARCH, AND ENJOY.
PUBLIC PROGRAMS AND EDUCATION - SINCE 1907, THE MUSEUM HAS OFFERED A WIDE VARIETY OF CLASSES, EXHIBITIONS, AND RESEARCH PROGRAMS. APPROXIMATELY 15,000 SCHOOL CHILDREN ATTENDED THESE PROGRAMS TO LEARN ABOUT ART, NATURAL SCIENCE, AND THE CULTURAL ENVIRONMENT AND HISTORY OF S.I.
VISITOR SERVICES - THE FRONT LINE OF CONTACT WITH THE PUBLIC, VISITOR SERVICES CREATES A WELCOMING AND INFORMED EXPERIENCE FOR THE VISITOR, COMMUNICATING WITH THE PUBLIC ABOUT THE MUSEUM AND IT'S PROGRAMS AS WELL AS LOCAL CULTURAL POINTS OF INTEREST. THEY PROVIDES A RANGE OF CLIENT SERVICES WITH A FOCUS ON VISITOR NEEDS TO MAXIMIZE THEIR VISIT TO THE MUSEUM AND STATEN ISLAND IN GENERAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janice Monger President & CEO | Officer | 40 | $107,220 |
Dorothy Pinkston VP Finance & Ad | Officer | 40 | $68,354 |
Gina-Marie Reitano Treasurer | OfficerTrustee | 1 | $0 |
Dolores Morris Vice Chair | OfficerTrustee | 1 | $0 |
Michael T Mantello Secretary | OfficerTrustee | 1 | $0 |
David Businelli Past Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,515 |
| Fundraising events | $20,825 |
| Related organizations | $0 |
| Government grants | $1,483,426 |
| All other contributions, gifts, grants, and similar amounts not included above | $509,802 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,016,568 |
| Total Program Service Revenue | $20,243 |
| Investment income | $29,224 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $92,998 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $871 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,180,676 |
| 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. | $175,280 |
| Compensation of current officers, directors, key employees. | $111,161 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $651,290 |
| Pension plan accruals and contributions | $100,748 |
| Other employee benefits | $267,525 |
| Payroll taxes | $61,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,078 |
| Fees for services: Accounting | $16,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,218 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,215 |
| Office expenses | $27,654 |
| Information technology | $14,664 |
| Royalties | $0 |
| Occupancy | $151,987 |
| Travel | $10,535 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,403 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,628 |
| Insurance | $36,639 |
| All other expenses | $68,470 |
| Total functional expenses | $1,992,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,713 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $404,132 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,881 |
| Prepaid expenses and deferred charges | $50,590 |
| Net Land, buildings, and equipment | $1,603,639 |
| Investments—publicly traded securities | $1,371,766 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117,366 |
| Total assets | $4,122,087 |
| Accounts payable and accrued expenses | $401,309 |
| Grants payable | $0 |
| Deferred revenue | $4,200 |
| 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 | $195,800 |
| Other liabilities | $0 |
| Total liabilities | $601,309 |
| Net assets without donor restrictions | $1,569,251 |
| Net assets with donor restrictions | $1,951,527 |
| 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 | $4,122,087 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Staten Island Institute Of Arts And Sciences has recieved totaling $25,160.
| Awarding Organization | Amount |
|---|---|
Richmond County Savings Foundation Staten Island, NY PURPOSE: PUBLIC PROGRAMS SUMMER 2021 - SPRING 2022 | $25,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $110 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Endowment Analysis
| Beg. Balance | $1,452,907 |
| Earnings | $345,339 |
| Admin Expense | $8,218 |
| Net Contributions | $508,857 |
| Other Expense | $347,358 |
| Ending Balance | $1,951,527 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mystic Seaport Museum Inc Mystic, CT | $122,267,932 | $26,794,983 |
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
Newark Museum Association Newark, NJ | $64,370,892 | $11,736,749 |
Brandywine Conservancy & Museum Of Art Chadds Ford, PA | $159,611,083 | $25,949,606 |
The Studio Museum In Harlem New York, NY | $153,708,532 | $40,471,884 |
The Maritime Aquarium At Norwalk Inc South Norwalk, CT | $19,089,489 | $11,308,442 |
George Eastman Museum Rochester, NY | $59,825,841 | $12,306,953 |
Naismith Memorial Basketball Hall Of Fame Inc 1150 West Columbus Ave Springfield, MA | $33,159,743 | $5,379,532 |
Weitzman National Museum Of American Jewish History Philadelphia, PA | $28,897,470 | -$14,023,866 |
National Museum Of Mathematics New York, NY | $42,218,242 | $9,885,068 |