Alfa Art Center A Nj Nonprofit Corporation
- Assets
- $104.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Brunswick, NJ
- Founding
- 02/2011
- Data as of
- 12/2022
- 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 12/2022, Alfa Art Center A NJ Nonprofit Corporation generated $145.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $136.0k during the year ending 12/2022. While expenses have increased by 12.9% per year over the past 7 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 |
|---|---|---|---|
Vesslin Kourtev Artistic Director | 40 | $45,000 | |
Galina Kourteva President | 20 | $0 | |
Hristiyan Kourtev Treasurer | 20 | $0 | |
Michael Fenton Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,622 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $306 |
| Total Revenue | $145,928 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,000 |
| Professional fees and other payments to independent contractors | $16,761 |
| Occupancy, rent, utilities, and maintenance | $35,004 |
| Printing, publications, postage, and shipping | $6,522 |
| Other expenses | $32,752 |
| Total expenses | $136,039 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,447 |
| Other assets | $0 |
| Total assets | $104,447 |
| Total liabilities | $1,715 |
| Net assets or fund balances | $102,732 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alfa Art Center A Nj Nonprofit Corporation has recieved totaling $2,022.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Whitney Museum Of American Art New York, NY | $937,771,000 | $113,143,000 |
Philadelphia Museum Of Art Philadelphia, PA | $1,255,022,756 | $116,812,968 |
Solomon R Guggenheim Foundation New York, NY | $240,294,871 | $73,166,662 |
Brooklyn Institute Of Arts And Sciences Brooklyn, NY | $388,418,074 | $82,546,120 |
Henry Francis Du Pont Winterthur Museum Inc Winterthur, DE | $381,564,161 | $38,612,720 |
Frick Collection New York, NY | $548,300,043 | $37,986,909 |
Barnes Foundation Philadelphia, PA | $223,515,679 | $21,249,120 |
Buffalo Fine Arts Academy Buffalo, NY | $293,134,468 | $30,844,940 |
New Museum Of Contemporary Art New York, NY | $107,362,095 | $41,908,538 |
Museum Of Arts And Design New York, NY | $100,702,289 | $12,680,439 |
Neue Galerie New York New York, NY | $114,494,920 | $18,242 |
International Center Of Photography New York, NY | $72,245,409 | $16,287,723 |