Projectivity Group Inc
- Assets
- $73.4k
- Revenue
- $452.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Staten Island, NY
- Founding
- 11/2015
- Data as of
- 12/2023
- EIN
- 47-5358971
Organization Overview
Projectivity Group Inc is located in Staten Island, NY. The organization was established in 2015. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 12/2023, Projectivity Group Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Projectivity Group 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, Projectivity Group Inc generated $452.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $431.3k during the year ending 12/2023. While expenses have increased by 35.3% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROJECTIVITY HAS PROVIDED RESOURCES TO MUSICIANS AND ARTISTS THAT HAD SIMILAR AUDIENCES AND MESSAGES - MAINLY CREATING POSITIVE CONSCIOUS CONTENT. THE WORD PROJECTIVITY WAS GIVEN THE MEANING OF COMING TOGETHER TO PROJECT OUR PASSIONS. THE CONCEPT HAS ALWAYS BEEN TO HELP OTHERS SPREAD POSITIVE MESSAGES THROUGH THE ARTS AND ALSO DEVELOP SUSTAINABLE CAREERS BY SUPPORTING EACH OTHER IN THE ARTS. WHAT BEGAN AS A SMALL DIY RECORD LABEL IN 2005 SLOWLY EVOLVED INTO A FULL-SCALE ARTS COLLECTIVE EVENTUALLY TAKING THE SHAPE OF AN OFFICIALLY REGISTERED 501C3 NOT-FOR-PROFIT ORGANIZATION IN THE FALL OF 2015. HEADQUARTERED IN STATEN ISLAND THE GROUP CURRENTLY SERVES THE WHOLE NEW YORK CITY TRI-STATE AREA BUT HAS HOSTED WORKSHOPS AND EVENTS THROUGHOUT THE COUNTRY. OUR SOLE MISSION IS TO OFFER EDUCATION RESOURCES AND OPPORTUNITIES TO EVERYONE INTERESTED IN PURSUING MEDIA AND THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART TEACHING EVENTS & MURALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vernon Wooten Board Member | Trustee | 5 | $0 |
Jared Jax President | Trustee | 2 | $0 |
Arianna Apparicio Treasurer | Trustee | 10 | $15,000 |
Tariq Zaid Board Member | Trustee | 2 | $0 |
Evan Brockett Board Member | Trustee | 2 | $0 |
Christian Reinsch Executive Director | Officer | 40 | $40,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,495 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,842 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,337 |
| Total Program Service Revenue | $407,159 |
| Investment income | $0 |
| 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 | $452,496 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $47,052 |
| Compensation of current officers, directors, key employees. | $47,052 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,981 |
| Fees for services: Management | $14,820 |
| Fees for services: Legal | $4,047 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $288,132 |
| Advertising and promotion | $1,892 |
| Office expenses | $38,885 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,284 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,249 |
| All other expenses | $0 |
| Total functional expenses | $431,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,843 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,881 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | -$1,250 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,880 |
| Total assets | $73,354 |
| Accounts payable and accrued expenses | $815 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $815 |
| Net assets without donor restrictions | $72,539 |
| 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 | $73,354 |