Alfa Art Center A Nj Nonprofit Corporation
- Assets
- $64.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Brunswick, NJ
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 20-8114836
Organization Overview
Alfa Art Center A Nj Nonprofit Corporation is located in New Brunswick, NJ. The organization was established in 2011. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Alfa Art Center A NJ Nonprofit Corporation 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 12/2023, Alfa Art Center A NJ Nonprofit Corporation generated $89.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $128.3k during the year ending 12/2023. While expenses have increased by 14.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Galina Kourteva President | 20 | $0 | |
Vesslin Kourtev Artistic Director | 40 | $44,000 | |
Hristiyan Kourtev Treasurer | 20 | $0 | |
Michael Fenton Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,218 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $879 |
| Total Revenue | $89,097 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,000 |
| Professional fees and other payments to independent contractors | $14,025 |
| Occupancy, rent, utilities, and maintenance | $36,422 |
| Printing, publications, postage, and shipping | $3,160 |
| Other expenses | $30,742 |
| Total expenses | $128,349 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,990 |
| Other assets | $0 |
| Total assets | $63,990 |
| Total liabilities | $510 |
| Net assets or fund balances | $63,480 |