Pioneer Works Art Foundation
- Assets
- $20.1m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 83
- Location
- Brooklyn, NY
- Founding
- 03/2013
- Data as of
- 12/2022
- EIN
- 46-1097738
Organization Overview
Pioneer Works Art Foundation is located in Brooklyn, 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, Pioneer Works Art Foundation employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pioneer Works Art Foundation 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, Pioneer Works Art Foundation generated $10.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $8.7m during the year ending 12/2022. While expenses have increased by 18.1% 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
TO PROMOTE THE CREATION OF AND PARTICIPATION IN THE ARTS AND SCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTS PROGRAMS: PIONEER WORKS OFFERED DOZENS OF EXHIBITS, PERFORMANCES, CONCERTS, WORKSHOPS,AND BOOK TALKS, MANY OF WHICH HIGHLIGHTED THE INTERSECTION OF SCIENCE AND TECHNOLOGY WITH ART.
SCIENCES:THOUSANDS OF PEOPLE LEARNED FROM PIONEER WORKS SCIENCE PROGRAMMING THROUGH LIVE EVENTS, LECTURES, HANDS-ON SCIENCE WORKSHOPS, PUBLICATIONS THROUGH PIONEER WORKS BROADCAST, AND PARTNERSHIPS THAT ENCOURAGED CURIOSITY, SCIENCE EDUCATION, AND COLLABORATION.
COMMUNITY PROGRAMS:THROUGH PROGRAMS LIKE COMMUNITY LUNCH, SECOND SUNDAYS, K - 12 SCHOOL VISITS, RED HOOK REGATTA, AND OTHER SPECIALIZED PROGRAMS, PIONEER WORKS BROUGHT ART, SCIENCE, AND TECHNOLOGY TO LOCAL AUDIENCES THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dustin Yellin President | OfficerTrustee | 1 | $0 |
Austin Hearst Chair | OfficerTrustee | 1 | $0 |
David Belt Vice Chair | OfficerTrustee | 1 | $0 |
Leyli Zohrenejad Vice Chair | OfficerTrustee | 1 | $0 |
Mary Cunney Secretary | OfficerTrustee | 1 | $0 |
Ron Elum Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Yorke Construction Corporation Construction | 12/30/22 | $2,911,452 |
Willowfield Development Llc Contractor | 12/30/22 | $553,229 |
Claire Weisz Architects Llp Architectures | 12/30/22 | $144,975 |
Cannonball Llc Contractor | 12/30/22 | $138,230 |
About The Work Llc Contractor | 12/30/22 | $136,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,132,860 |
| Related organizations | $0 |
| Government grants | $371,150 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,086,219 |
| Noncash contributions included in lines 1a–1f | $78,984 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,590,229 |
| Total Program Service Revenue | $833,744 |
| Investment income | $542 |
| 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 | $10,424,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $221,923 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $607,720 |
| Compensation of current officers, directors, key employees. | $62,223 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,768,247 |
| Pension plan accruals and contributions | $40,954 |
| Other employee benefits | $272,916 |
| Payroll taxes | $287,713 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,817 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $49,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,024,109 |
| Advertising and promotion | $48,406 |
| Office expenses | $201,440 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $212,543 |
| Travel | $79,053 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $212,362 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,018,289 |
| Insurance | $177,405 |
| All other expenses | $478,806 |
| Total functional expenses | $8,666,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,853,748 |
| Savings and temporary cash investments | $155,166 |
| Pledges and grants receivable | $845,849 |
| 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 | $144,755 |
| Prepaid expenses and deferred charges | $165,339 |
| Net Land, buildings, and equipment | $16,886,612 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,051,469 |
| Accounts payable and accrued expenses | $1,003,961 |
| Grants payable | $0 |
| Deferred revenue | $21,500 |
| 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 | $3,895,683 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,000 |
| Total liabilities | $4,933,144 |
| Net assets without donor restrictions | $12,577,749 |
| Net assets with donor restrictions | $2,540,576 |
| 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 | $20,051,469 |
Grants Awarded
Over the last fiscal year, Pioneer Works Art Foundation has awarded $213,750 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CORA INCORPORATED PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $28,750 |
HEARTSHARE ST VINCENT'S SERVICES PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $28,750 |
HOOK ARTS MEDIA INC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $28,750 |
JUSTICE INNOVATION INC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $28,750 |
PORTSIDE NEWYORK INC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $28,750 |
RED HOOK ART PROJECT INC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $16,250 |