Sculpture Space Inc
- Assets
- $497.5k
- Revenue
- $202.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Utica, NY
- Founding
- 07/1978
- Data as of
- 12/2021
- EIN
- 22-2197162
Organization Overview
Sculpture Space Inc is located in Utica, NY. The organization was established in 1978. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Sculpture Space Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sculpture Space 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 12/2021, Sculpture Space Inc generated $202.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $144.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. 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
THE ORGANIZATION WAS FORMED TO SUPPORT PUBLIC AWARENESS OF THE ART OF SCULPTURE. ARTIST ARE PROVIDED LIVING QUARTERS AS WELL AS A STIPEND IN ORDER TO PURSUE THE ART OF SCULPTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT PUBLIC AWARENESS OF THE ART OF SCULPTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Montan Executive Director | Officer | 40 | $50,769 |
Aimee Tarasek President | Officer | 0 | $0 |
Joseph Giruzzi ESQ Vice President | Officer | 0 | $0 |
Linnea Pettitt Treasurer | Officer | 0 | $0 |
Jill Zamperetti Heinz Secretary | Officer | 0 | $0 |
Jonathan D Blancaflor MD Facs Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $58,601 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,205 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,806 |
| Total Program Service Revenue | $8,643 |
| Investment income | $20,059 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $56,018 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,526 |
| 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 | $4,400 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,609 |
| Compensation of current officers, directors, key employees. | $12,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,840 |
| Fees for services: Management | $750 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,659 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,200 |
| Office expenses | $4,245 |
| Information technology | $1,181 |
| Royalties | $0 |
| Occupancy | $22,296 |
| Travel | $6 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,165 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,771 |
| Insurance | $6,567 |
| All other expenses | $0 |
| Total functional expenses | $143,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,605 |
| Savings and temporary cash investments | $182,145 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $207,704 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $497,454 |
| Accounts payable and accrued expenses | $2,012 |
| 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 | $44,434 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,446 |
| Net assets without donor restrictions | $304,360 |
| Net assets with donor restrictions | $146,648 |
| 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 | $497,454 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sculpture Space Inc has recieved totaling $17,124.
| Awarding Organization | Amount |
|---|---|
The 1434 Foundation Inc Boston, MA PURPOSE: CHARITABLE | $10,000 |
Community Foundation Of Herkimer And Oneida Counties Inc Utica, NY PURPOSE: GENERAL SUPPORT | $7,077 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $47 |
Endowment Analysis
| Beg. Balance | $168,398 |
| Ending Balance | $168,398 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Andy Warhol Foundation For The Visual Arts Inc New York, NY | $375,628,094 | $51,526,373 |
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Conservation Center For Art And Historic Artifacts Philadelphia, PA | $4,515,696 | $3,186,711 |
Clay Studio Philadelphia, PA | $16,944,971 | $9,873,164 |
Van Alen Institute Projects In Public Architecture Brooklyn, NY | $44,490,814 | $3,072,994 |
Urbanglass New York Contemporary Glass Center Inc Brooklyn, NY | $1,687,992 | $2,437,335 |
American Institute Of Architects New York, NY | $10,952,534 | $3,079,461 |