Arts & Democracy Inc
- Assets
- $102.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 47-4287935
Organization Overview
Arts & Democracy Inc is located in Brooklyn, NY. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts & Democracy 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 12/2023, Arts & Democracy Inc generated $84.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $88.2k during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caron Atlas Director | 20 | $10,500 | |
Kathie Denorbriga Director | 1 | $0 | |
Judith Jennings Director | 1 | $0 | |
Hasiba Haq Director | 2 | $2,158 | |
Anusha Venkataraman Director | 1 | $0 | |
Amalia Deloney Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,897 |
| Total Program Service Revenue | $11,784 |
| Membership dues | $0 |
| Investment income | $254 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,935 |
| 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 | $49,939 |
| Occupancy, rent, utilities, and maintenance | $8,518 |
| Printing, publications, postage, and shipping | $680 |
| Other expenses | $29,033 |
| Total expenses | $88,170 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,208 |
| Other assets | $0 |
| Total assets | $102,108 |
| Total liabilities | $898 |
| Net assets or fund balances | $101,210 |