Wide Rainbow Corp
- Assets
- $78.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-1410661
Organization Overview
Wide Rainbow Corp is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wide Rainbow Corp 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, Wide Rainbow Corp generated $154.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.1% each year . All expenses for the organization totaled $212.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
EXHIBITIONS WILL BE TEMPORARY AND COMPLETELY DEPENDENT ON FREE RAW SPACE AS WELL AS DONATIONS. IT WILL MOVE THROUGHOUT NEW YORK CITY EXPANDING BEYOND TRADITIONAL EXHIBITION SPACES AND PROVIDE CULTURAL OPPORTUNITIES TO ITS PATRONS AND SURROUNDING NEIGHBORHOODS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,578 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $154,578 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,500 |
| Professional fees and other payments to independent contractors | $21,350 |
| Occupancy, rent, utilities, and maintenance | $4,795 |
| Printing, publications, postage, and shipping | $699 |
| Other expenses | $154,090 |
| Total expenses | $212,434 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,451 |
| Other assets | $0 |
| Total assets | $78,451 |
| Total liabilities | $9,105 |
| Net assets or fund balances | $69,346 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Wide Rainbow Corp has recieved totaling $9,250.
| Awarding Organization | Amount |
|---|---|
Iva & Jerome Preston Char Tr 1932 Boston, MA PURPOSE: CONNECTS CONTEMPORARY ARTISTS WITH THE COMMUNITY | $5,500 |
Robert Rauschenberg Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Waldman Family Charitable Trust Nazareth, PA PURPOSE: TEACH LOW-INCOME HOUSING ABOUT ART | $1,000 |
Steelberg Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |