Arts Services Initiative Of Western New York
- Assets
- $734.7k
- Revenue
- $692.8k
- Investments
- $0.0
- Employees
- 9
- Location
- Buffalo, NY
- Founding
- 03/2013
- Data as of
- 12/2022
- EIN
- 45-4531129
Organization Overview
Arts Services Initiative Of Western New York is located in Buffalo, NY. The organization was established in 2013. 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 12/2022, Arts Services Initiative Of Western New York employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Services Initiative Of Western New York 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, Arts Services Initiative Of Western New York generated $692.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $680.2k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ARTS SERVICES INITIATIVE OF WESTERN NEW YORK, INC. (ASI) EMPOWERS THE REGION'S ARTISTS AND ARTS ORGANIZATIONS WITH CONNECTION TO FUNDING, LEARNING OPPORTUNITIES, AND COMMUNITY ACCESS TO THE ARTS. WE ARE A RESOURCE HUB FOR THE WESTERN NEW YORK ARTS AND CULTURAL SECTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCR (FORMERLY DEC REGRANT PROGRAM)- THE CORPORATION ADMINISTERS COMMUNITY ARTS, ARTS EDUCATION, AND INDIVIDUAL ARTIST RE-GRANTS THROUGH THE NEW YORK STATE COUNCIL ON THE ARTS STATEWIDE COMMUNITY REGRANT (SCR) PROGRAM. THIS PROGRAM INCLUDES DESIGNING AND RELEASING A PROGRAM APPLICATION AND MANUAL, CREATING REVIEW PANELS TO DETERMINE SUCCESSFUL APPLICANTS, AND CONTRACTING WITH AND MONITORING OF SUCCESSFUL APPLICANTS.
OTHER PROGRAM SERVICES: PROGRAMS TO STRENGTHEN THE CULTURAL SECTOR THROUGH CAPACITY BUILDING, ADVOCACY AND COLLABORATION WITH DIVERSE SERVICES AND SUPPORT FOR ARTISTS AND CULTURAL ORGANIZATIONS IN THE FIVE COUNTY REGION OF WESTERN NEW YORK.
GLOBAL WARMING ARTS PROJECT - THE CORPORATION ADMINISTERS FUNDS FOR ARTISTS WHO ARE CREATING PROJECTS RELATED TO THE DANGERS OF GLOBAL WARMING AND CLIMATE CHANGE.
FENDRICK THEATRE FUND - THE CORPORATION ADMINISTERS FUNDING ON BEHALF OF THE DAVID R. FENDRICK THEATRE FUND, IN PARTNERSHIP WITH THE COMMUNITY FOUNDATION FOR GREATER BUFFALO, WHICH SUPPORTS INDIVIDUAL THEATRE ARTISTS TO CREATE, COMPLETE OR PRODUCE A LOCAL THEATER PRODUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Wedekindt President | OfficerTrustee | 1 | $0 |
Heather Warnes Treasurer | OfficerTrustee | 1 | $0 |
Michael Jackson Secretary | OfficerTrustee | 1 | $0 |
Owen O Suilleabhain Vice Preside | OfficerTrustee | 1 | $0 |
Michelle Braswell Director | Trustee | 1 | $0 |
Robert D'alimonte Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $112,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $514,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $626,980 |
| Total Program Service Revenue | $65,762 |
| Investment income | $29 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $692,771 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $199,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $244,637 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,269 |
| Office expenses | $0 |
| Information technology | $8,296 |
| Royalties | $0 |
| Occupancy | $202 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,212 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,587 |
| Insurance | $4,395 |
| All other expenses | $18,296 |
| Total functional expenses | $680,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $430,929 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $117,931 |
| 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 | $13,902 |
| Net Land, buildings, and equipment | $13,761 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $43,913 |
| Other assets | $114,296 |
| Total assets | $734,732 |
| Accounts payable and accrued expenses | $81,859 |
| Grants payable | $0 |
| Deferred revenue | $85,016 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $314,836 |
| Total liabilities | $481,711 |
| Net assets without donor restrictions | $253,021 |
| Net assets with donor restrictions | $0 |
| 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 | $734,732 |
Grants Awarded
Over the last fiscal year, Arts Services Initiative Of Western New York has awarded $22,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ARTPARK & COMPANY PURPOSE: PROGRAM AWARD | $5,000 |
FRIENDS OF THE EDWARD M COTTER FIREBOAT PURPOSE: PROGRAM AWARD | $6,500 |
LOCK CITY GLEE CLUB INC PURPOSE: PROGRAM AWARD | $5,500 |
VALLEY COMMUNITY ASSOCIATION INC PURPOSE: PROGRAM AWARD | $5,000 |