Babycastles Studio Inc
- Assets
- $12.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2016
- Data as of
- 12/2020
- EIN
- 81-3155264
Organization Overview
Babycastles Studio Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Babycastles Studio 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 12/2020, Babycastles Studio Inc generated $79.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 55.3% each year . All expenses for the organization totaled $76.1k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
IN 2020 BABYCASTLES HOSTED OVER 25 FREE EDUCATIONAL CLASSES ONLINE AND COMPENSATED THE EDUCATORS FOR THEIR SERVICE IN EXCESS OF $6,000 TOTAL. WE ALSO LAUNCHED AN ONLINE RESIDENCY PROGRAM SUPPORTING FOUR ARTISTS AND GAVE EACH FINANCIAL SUPPORT IN EXCESS OF $500 EACH AND PROGRAMATIC SUPPORT IN EXECUTING THEIR PROJECT.
IN 2020 BABYCASTLES HOSTED OVER 25 FREE EDUCATIONAL CLASSES ONLINE AND COMPENSATED THE EDUCATORS FOR THEIR SERVICE IN EXCESS OF $6,000 TOTAL. WE ALSO LAUNCHED AN ONLINE RESIDENCY PROGRAM SUPPORTING FOUR ARTISTS AND GAVE EACH FINANCIAL SUPPORT IN EXCESS OF $500 EACH AND PROGRAMATIC SUPPORT IN EXECUTING THEIR PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonya Belakhief Director | 10 | $0 | |
Lauren Gardner Director | 10 | $0 | |
Kristin Agathos Director | 10 | $0 | |
Stephen Lawrence Clark Director | 10 | $0 | |
Todd Anderson Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,948 |
| Total Program Service Revenue | $6,245 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,004 |
| 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 | $33,283 |
| Occupancy, rent, utilities, and maintenance | $31,376 |
| Printing, publications, postage, and shipping | $1,481 |
| Other expenses | $0 |
| Total expenses | $76,140 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,715 |
| Other assets | $0 |
| Total assets | $12,715 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,715 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Babycastles Studio Inc has recieved totaling $7.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Conservation Center For Art And Historic Artifacts Philadelphia, PA | $4,515,696 | $3,186,711 |
Clay Studio Philadelphia, PA | $16,944,971 | $9,873,164 |
Van Alen Institute Projects In Public Architecture Brooklyn, NY | $44,490,814 | $3,072,994 |
Urbanglass New York Contemporary Glass Center Inc Brooklyn, NY | $1,687,992 | $2,437,335 |
American Institute Of Architects New York, NY | $10,952,534 | $3,079,461 |
Manchester Craftsmens Guild Pittsburgh, PA | $15,522,345 | $4,460,670 |