Hallwalls Inc
- Assets
- $596.0k
- Revenue
- $471.2k
- Investments
- $0.0
- Employees
- 7
- Location
- Buffalo, NY
- Founding
- 05/1978
- Data as of
- 08/2021
- 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 08/2021, Hallwalls Inc employed 7 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 08/2021, Hallwalls Inc generated $471.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $422.1k during the year ending 08/2021. While expenses have increased by 0.9% 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
TO RECOGNIZE AND SERVE A VITAL COMMUNITY ARTISTIC PRESENCE WHICH IS GLOBAL IN ITS OUTLOOK CHALLENGING IN ITS IDEAS PLURALISTIC IN ITS CONCERNS AND DIVERSE IN ITS EXPRESSION. HALLWALLS' 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 WORKS AVAILABLE TO AUDIENCES. WE ARE DEDICATED IN PARTICULAR TO WORK BY ARTISTS WHICH CHALLENGES AND EXTENDS THE TRADITIONAL BOUNDARIES 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
SEE SCHEDULE OHALLWALLS 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 FILM 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 SECONDARILY PROVIDES OCCASIONAL IN-SCHOOL ARTS EDUCATION PROGRAMS TO OUR LONGSTANDING EDUCATIONAL PARTNER BUFFALO ACADEMY FOR VISUAL & PERFORMING ARTS (BAVPA) AS WELL AS OTHER SCHOOLS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edmund J Cardoni Executive Director | Officer | 40 | $47,568 |
Polly Little-Lavatelli Deputy Dir Of Development | Officer | 36 | $11,863 |
Joshua Lawrence President | OfficerTrustee | 4 | $0 |
Sean Mccabe Treasurer | OfficerTrustee | 3 | $0 |
Scott Mercer Secretary | OfficerTrustee | 3 | $0 |
Elizabeth Licata Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $21,049 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $192,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $146,310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,759 |
| Total Program Service Revenue | $15,469 |
| Investment income | $5,179 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,130 |
| Net Income from Fundraising Events | $79,710 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $471,247 |
| 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. | $59,431 |
| Compensation of current officers, directors, key employees. | $9,967 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,488 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,231 |
| Payroll taxes | $14,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,555 |
| Advertising and promotion | $3,811 |
| Office expenses | $1,002 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $67,779 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,771 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,064 |
| Insurance | $11,242 |
| All other expenses | $7,450 |
| Total functional expenses | $422,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,141 |
| Savings and temporary cash investments | $22,201 |
| Pledges and grants receivable | $180 |
| 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 | $8,741 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $252,520 |
| Investments—publicly traded securities | $271,192 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $595,975 |
| Accounts payable and accrued expenses | $20,494 |
| 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 | $135,715 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $156,209 |
| Net assets without donor restrictions | $294,396 |
| 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 | $595,975 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Hallwalls Inc has recieved totaling $79,812.
| Awarding Organization | Amount |
|---|---|
Cullen Foundation Buffalo, NY PURPOSE: HALLWALLS MUSIC PROGRAM & HISTORIC COLORED MUSICIANS CLUB JAZZ PROGRAMMING COLLABORATION | $50,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $28,336 |
Simple Gifts Fund Buffalo, NY PURPOSE: GENERAL FUND | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $450 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Endowment Analysis
| Beg. Balance | $261,116 |
| Earnings | $52,112 |
| Ending Balance | $313,228 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Shakespeare Festival New York, NY | $141,889,359 | $47,421,313 |
Fractured Atlas Inc New York, NY | $26,189,611 | $36,358,780 |
Roundabout Theatre Company Inc New York, NY | $173,392,210 | $30,369,133 |
Vivian Beaumont Theater Inc New York, NY | $199,499,593 | $19,952,200 |
American Repertory Theatre Cambridge, MA | $28,732,151 | $12,990,237 |
Signature Theatre Company New York, NY | $62,849,854 | $11,675,589 |
Playwrights Horizons Inc New York, NY | $27,151,743 | $13,749,281 |
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Hartford Stage Company Hartford, CT | $23,293,519 | $12,254,112 |
Stella Adler Studio Of Acting New York, NY | $5,616,573 | $9,953,377 |
Storyville Center For The Spoken Word Inc New York, NY | $12,362,100 | $12,256,751 |