Hallwalls Inc
- Assets
- $451.6k
- Revenue
- $392.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Buffalo, NY
- Founding
- 05/1978
- Data as of
- 08/2023
- EIN
- 16-1104232
Organization Overview
Hallwalls Inc is located in Buffalo, NY. The organization was established in 1978. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Hallwalls Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hallwalls 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 08/2023, Hallwalls Inc generated $392.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $440.5k during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RECOGNIZE AND SERVE A VITAL COMMUITY ARTISTIC PRESENCE WHICH I SGLOBAL IN ITS OUTLOOK CHALLENGING IN ITS IDEAS PLURALISTIC IN ITS CONCERNS AND DIVERSE IN ITS EXPRESSION. HALLWALL'S TWO-FOLD MISSION IS TO SERVE ARTISTS BY SUPPORTING THE CREATION AND PRESENTATION OF NEW WORK IN THE VISUAL MEDIA PERFORMING AND LITERARY ARTS AND TO SERVE THE PUBLIC BY MAKING THESE MORKS AVAILABLE TO AUDIENCES. WE ARE DEDICATED IN PARTICULAR TO WORK BY ARTISTS WHICH CHALLENGES AND EXTENDS THE TRADITIONAL BOUNDRIES OF THE VARIOUS ART FORMS AND WHICH IS CRITICALLY ENGAGED WITH CURRENT ISSUES IN THE ARTS AND THROUGH THE ARTS-IN SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HALLWALLS IS A MULTIDISCIPLINARY CONTEMPORARY ARTS CENTER OF NATIONAL AND INTERNATIONAL REPUTATION SERVING AUDIENCES IN BUFFALO ERIE COUNTY AND OTHER WESTERN NEW YORK COUNTIES. YEAR-ROUND PUBLIC PROGRAMS COMPRISE A MIX OF GALLERY EXHIBITIONS AND INSTALLATIONS BY EMERGING AND DISTINGUISHED PROFESSIONAL VISUAL ARTISTS BOTH NATIONAL AND LOCAL IN-PERSON TALKS BY LOCAL AND VISITING ARTISTS AND CURATORS ARTISTS' RESIDENCIES LIVE CONCERTS OF JAZZ AND NEW MUSIC FLIM AND VIDEO SCREENINGS LITERARY READINGS PERFORMANCE ART SCHOLARLY LECTURES AND COMMUNITY EVENTS MOST IN CO-SPONSORSHIP WITH ORGANIZATIONAL PARTNERS, BOTH WITHIN AND OUTSIDE THE ARTS. HALLWALLS SECONDARY PROVIDES OCCASIONAL IN-SCHOOL ARTS EDUCATION PROGRAMS TO OUR LONGSTANDING EDUCATIONAL PARTNER BUFFALO ACADEMY FOR VISUAL AND PERFORMING ARTS (BAVPA) AS WELL AS OTHER SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edmund J Cardoni Executive Dir. | Officer | 40 | $50,500 |
Kris Kemmis President | OfficerTrustee | 3 | $0 |
Michael Tunkey Vice President | OfficerTrustee | 3 | $0 |
Robert Drake Treasurer | OfficerTrustee | 3 | $0 |
Bridget Williams Secretary | OfficerTrustee | 1 | $0 |
Joseph Tantillo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,947 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $258,024 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $266,971 |
| Total Program Service Revenue | $53,717 |
| Investment income | -$5,281 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $77,487 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $392,894 |
| 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. | $50,500 |
| Compensation of current officers, directors, key employees. | $7,575 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,792 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,520 |
| Payroll taxes | $12,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,211 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,159 |
| Office expenses | $2,681 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,226 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,744 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,618 |
| Insurance | $7,108 |
| All other expenses | $5,597 |
| Total functional expenses | $440,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,954 |
| Savings and temporary cash investments | $500 |
| Pledges and grants receivable | $0 |
| 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 | $8,500 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $229,200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $187,467 |
| Total assets | $451,621 |
| Accounts payable and accrued expenses | $26,221 |
| 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 | $55,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $81,221 |
| Net assets without donor restrictions | $225,030 |
| Net assets with donor restrictions | $145,370 |
| 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 | $451,621 |