Cny Arts Inc
- Assets
- $2.3m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 10/1961
- Data as of
- 06/2023
- EIN
- 15-0625350
Organization Overview
Cny Arts Inc is located in Syracuse, NY. The organization was established in 1961. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Cny Arts 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 06/2023, Cny Arts Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $5.5m during the year ending 06/2023. While expenses have increased by 14.1% 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 2016, Cny Arts Inc has awarded 158 individual grants totaling $7,104,511. 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
CNY ARTS' MISSION IS TO PROMOTE, SUPPORT, AND CELEBRATE ARTS AND CULTURE IN CENTRAL NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONONDAGA COUNTY GRANTS -ADMINISTERING ONONDAGA COUNTY GRANTPROGRAM TO LOCAL ARTS AND CULTURAL ORGANIZATIONS
NEW YORK STATE ARTS COUNCIL ON THE ARTS REGIONAL REGRANTING: PROGRAM AND LOCAL ARTIST ASSISTENCE.THE PROGRAM'S GOALS ARE TO SERVE THE BROADEST POPULATION POSSIBLE AND INCREASE OPPORTUNITY FOR UNDER-SERVED COMMUNITIES AND AREAS THROUGH ARTS TO RURAL AREAS, SMALL ARTS ORGANIZATIONS, SCHOOLS INDIVIDUAL ARTIST DRIVEN PROJECTS, ETHNIC SPECIFIC CULTURAL GROUPS AND ECONOMICALLY CHALLENGEDAREAS(INCLUDING THOSE IN THE INNER-CITY).IT ALSO PROVIDES TECHNICALASSISTENCE TO LOCAL ARTISTS AND STATE-WIDE ARTS ORGANIZATIONS
CNY FILM FUND IS AN PROGRAM DESIGNED TO SUPPORT FEATURE FILM PRODUCTION IN CENTRAL NEW YORK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Paniagua President | Trustee | 3 | $0 |
Anastasia Urtz Vice President | Trustee | 1 | $0 |
Carmen Sonia Martinez Board Secretary | Trustee | 1 | $0 |
Nicholas Shires CPA Board Treasurer | Trustee | 1 | $0 |
Stephen Butler Executive Director | Officer | 40 | $102,740 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,341,709 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,989 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,382,698 |
| Total Program Service Revenue | $96,260 |
| Investment income | $135,615 |
| 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 | $5,614,573 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,811,692 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $102,740 |
| Other salaries and wages | $354,778 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,409 |
| Payroll taxes | $37,732 |
| Fees for services: Management | $28,422 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,743 |
| Interest | $4,237 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,171 |
| Insurance | $6,445 |
| All other expenses | $0 |
| Total functional expenses | $5,478,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,480 |
| Savings and temporary cash investments | $782,203 |
| Pledges and grants receivable | $35,087 |
| 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 | $3,565 |
| Net Land, buildings, and equipment | $60,494 |
| Investments—publicly traded securities | $1,066,391 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $23,562 |
| Other assets | $0 |
| Total assets | $2,290,782 |
| Accounts payable and accrued expenses | $28,121 |
| Grants payable | $902,232 |
| Deferred revenue | $15,903 |
| 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 | $132,024 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,078,280 |
| Net assets without donor restrictions | $1,159,774 |
| Net assets with donor restrictions | $52,728 |
| 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 | $2,290,782 |
Grants Awarded
Over the last fiscal year, Cny Arts Inc has awarded $1,449,536 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL NEW YORK JAZZ ARTS FOUNDATION INC PURPOSE: Arts & Culture | $18,101 |
EVERSON MUSEUM OF ART PURPOSE: Arts & Culture | $20,000 |
CORA FOUNDATION THE PURPOSE: Arts & Culture | $7,450 |
LANDMARK THEATRE PURPOSE: Arts & Culture | $17,000 |
MUSICAL ASSOCIATES OF CENTRAL NEW YORK PURPOSE: Arts & Culture | $17,000 |
LIGHT WORK PURPOSE: Arts & Culture | $13,001 |