Stable

Organization Overview

Stable is located in Washington, DC. The organization was established in 2017. 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. Stable 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, Stable generated $376.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $368.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

STRENGTHENING DC'S VISUAL ARTS COMMUNITY BY PROVIDING AFFORDABLE AND SUSTAINABLE STUDIO SPACE, PROGRAMMING & EXHIBITION OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE AFFORDABLE STUDIO SPACE FOR ARTISTS TO FOSTER ART CREATION


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Board, Officers & Key Employees

Name (title)Compensation
Josef Palermo
Chair, Art And Programming Committee
$0
Tony Powell
Trustee
$0
Akio Tagawa
Chair
$0
Carlos Garcia
Secretary
$0
Nancy Miyahira
Trustee
$0
Roberta Bantel
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,633
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$304,353
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$308,986
Total Program Service Revenue$67,083
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $21
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 $376,090

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Stable has recieved totaling $1,500.

Awarding OrganizationAmount
Sami And Annie Totah Family Foundation

Bethesda, MD

PURPOSE: SUPPORTS THE VISUAL ARTS COMMUNITY WITH AFFORDABLE AND SUSTAINABLE STUDIO SPACE

$1,000
David Bohnett Foundation

Beverly Hills, CA

PURPOSE: GENERAL OPERATING SUPPORT

$500
View Grant Recipient Profile

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