Spaceworks Nyc Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Spaceworks Nyc Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spaceworks Nyc 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 06/2022, Spaceworks Nyc Inc generated $149.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (71.5%) each year. All expenses for the organization totaled $690.0 during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (64.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CEASED PROGRAMMATIC OPERATIONS AS OF 6/30/20 AND VOTED TO DISSOLVE IN MARCH 2021.SPACEWORKS NYC, INC. WAS A NOT-FOR-PROFIT REAL-ESTATE DEVELOPMENT ORGANIZATION DEDICATED TO EXPANDING THE SUPPLY OF LONG-TERM, AFFORDABLE REHEARSAL AND STUDIO SPACE FOR ARTISTS IN NEW YORK CITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Koren Chair | 1 | $0 | |
Gary Hattem Treasurer | 1 | $0 | |
Xaviera Simmons Secretary | 1 | $0 | |
Joe Daniels Director | 1 | $0 | |
Terry Fassburg Director | 1 | $0 | |
Carol Fink Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $149 |
Total Revenue | $149 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $50 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $640 |
Total expenses | $690 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,367 |
Other assets | $0 |
Total assets | $5,367 |
Total liabilities | $7,653 |
Net assets or fund balances | -$2,286 |