The Art Effect Of The Hudson Valley Inc
- Assets
- $2.2m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 205
- Location
- Poughkeepsie, NY
- Founding
- 02/1985
- Data as of
- 12/2023
- EIN
- 22-2538177
Organization Overview
The Art Effect Of The Hudson Valley Inc, operating under the name The Art Effect, is located in Poughkeepsie, NY. The organization was established in 1985. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Art Effect employed 205 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Effect 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, Art Effect generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 9.5% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ART EFFECT EMPOWERS YOUNG PEOPLE TO DEVELOP THEIR CREATIVE VOICE TO SHAPE THEIR FUTURES AND BRING ABOUT POSITIVE SOCIAL CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ART INSTITUTE INSPIRES AND MOTIVATES STUDENTS TO DEVELOP ADVANCED SKILLS IN THE ARTS, PREPARING THEM FOR SUCCESSFUL CAREERS AND ACQUIRING MERIT-BASED SCHOLARSHIPS TO THE NATIONS BEST ART SCHOOLS IN THE VISUAL AND MEDIA ARTS. GRADUATES GENERATE AN IMPRESSIVE PORTFOLIO OF ORIGINAL WORK THAT DEMONSTRATES THEIR PRE-PROFESSIONAL SKILLS IN THE VISUAL AND MEDIA ARTS.
VARIOUS OTHER PROGRAMMING.
THE ART EFFECTS MEDIA, ART, AND DESIGN LAB (MADLAB) ENGAGES 40 TEENS AGES 14-19 FROM THE CITY OF POUGHKEEPSIE AND HELPS THEM DEVELOP LIFE AND WORKFORCE SKILLS IN THE GROWING ARTS AND MEDIA SECTORS. THROUGH FOUR AFTER-SCHOOL SESSIONS AND ONE FULL-TIME SUMMER SESSION, MADLAB YOUTH EARN A WAGE OR STIPEND AS THEY GAIN COMPETENCY WHILE LEARNING ABOUT VISUAL ART, MEDIA ART, AND DESIGN CAREERS. EACH MADLAB SESSION EXPOSES STUDENTS INTERESTED IN VISUAL ART, CREATIVE PLACEMAKING, PUBLIC ART, MEDIA AND DESIGN, AND MORE TO THE CREATIVE WORKFORCE PROCESS BY PRODUCING COLLABORATIVE VISUAL ARTS PROJECTS AND LEARNING WORKPLACE SKILLS SUCH AS TIME MANAGEMENT, TEAM WORK, LEADERSHIP, AND COMMUNICATION.
SPARK STUDIOS TEACHES 50 YOUTH FILM AND MEDIA ARTS TO DEVELOP THEIR VOICES, BUILD WORKFORCE DEVELOPMENT SKILLS, PROVIDE PAID WORK EXPERIENCE, AND HELP STUDENTS GET ON A PATH TO COLLEGE AND CAREER SUCCESS. YOUTH AGES 14-19 IN SPARK STUDIOS LEARN FILMMAKING, PHOTOGRAPHY, DIGITAL MEDIA PRODUCTION, AND CREATE MEDIA PROJECTS IN TEAMS AND FOR COMMUNITY CLIENTS. SPARK STUDIOS PREPARES YOUNG PEOPLE FOR ENTRY INTO THE ART INSTITUTE WHERE THEY CAN DEVELOP A COLLEGE FILM OR PHOTOGRAPHY PORTFOLIO AS WELL AS BECOME EMPLOYABLE IN A COMPETITIVE MEDIA WORKFORCE, INCLUDING THE ART EFFECTS ADVANCED PROGRAM FORGE MEDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Fenichel-Hewitt Executive Di | Officer | 40 | $116,283 |
Dean Temple President | OfficerTrustee | 1 | $0 |
Gaye Mallet Board Chair | OfficerTrustee | 1 | $0 |
Shailee Johnson Vice Chair | OfficerTrustee | 1 | $0 |
Richard Duvall Treasurer | OfficerTrustee | 1 | $0 |
Lorenzo Angelino Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,620 |
| Fundraising events | $10,925 |
| Related organizations | $0 |
| Government grants | $763,450 |
| All other contributions, gifts, grants, and similar amounts not included above | $947,686 |
| Noncash contributions included in lines 1a–1f | $2,735 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,724,681 |
| Total Program Service Revenue | $388,268 |
| Investment income | $945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,522 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,370,815 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,309 |
| Grants and other assistance to domestic individuals. | $41,457 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,283 |
| Compensation of current officers, directors, key employees. | $3,864 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $997,819 |
| Pension plan accruals and contributions | $11,856 |
| Other employee benefits | $63,990 |
| Payroll taxes | $102,200 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125 |
| Fees for services: Accounting | $42,591 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $176,295 |
| Advertising and promotion | $40,122 |
| Office expenses | $44,486 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,077 |
| Travel | $8,141 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,909 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,198 |
| Insurance | $25,354 |
| All other expenses | $1,294 |
| Total functional expenses | $1,902,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,747 |
| Savings and temporary cash investments | $224,009 |
| Pledges and grants receivable | $704,976 |
| Accounts receivable, net | $53,158 |
| 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 | $5,940 |
| Net Land, buildings, and equipment | $513,122 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $315,410 |
| Total assets | $2,151,362 |
| Accounts payable and accrued expenses | $91,462 |
| Grants payable | $0 |
| Deferred revenue | $3,692 |
| 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 | $58,204 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $250 |
| Total liabilities | $153,608 |
| Net assets without donor restrictions | $1,416,014 |
| Net assets with donor restrictions | $581,740 |
| 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 | $2,151,362 |