540wmain Inc is located in Rochester, NY. The organization was established in 2019. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. 540wmain 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 12/2021, 540wmain Inc generated $132.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $148.8k 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
WE HAVE TAUGHT OVER 2,000 INDIVIDUALS IN ANTIRACISM CLASSES; TOPICS TAUGHT INCLUDE IMPLICIT BIAS, ENVIRONMENTAL JUSTICE, GENTRIFICATION, AND ANTIRACISM PRACTICE. ALL OF OUR PROGRAMMING RUNS ON A GIFT ECONOMY STRUCTURE, MEANING THAT WE OFFER FLEXIBLE PAY WHAT YOU CHOOSE OPTIONS FOR ALL LEARNING. ADDITIONALLY, ALL OF OUR CLASSES AND EVENTS INCLUDE ASL INTERPRETING AND CAPTIONING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Calvin Eaton Treasurer | 40 | $4,000 | |
Catyra Polland Secretary | 2 | $0 | |
Austin Retzlaff Chair | 2 | $0 | |
Meg Borruso Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $93,593 |
Total Program Service Revenue | $37,730 |
Membership dues | $0 |
Investment income | $19 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,542 |
Total Revenue | $132,884 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $55,986 |
Professional fees and other payments to independent contractors | $43,755 |
Occupancy, rent, utilities, and maintenance | $3,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $46,097 |
Total expenses | $148,838 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,416 |
Other assets | $0 |
Total assets | $28,416 |
Total liabilities | $9,671 |
Net assets or fund balances | $18,745 |
Over the last fiscal year, we have identified 4 grants that 540wmain Inc has recieved totaling $27,521.
Awarding Organization | Amount |
---|---|
Every Org San Francisco, CA PURPOSE: ONLINE SUPPORT FOR CHARITABLE PURPOSES | $12,021 |
Kyrias Foundation Phelps, NY PURPOSE: SOCIALIZATION | $10,000 |
Paychex Charitable Foundation Inc Rochester, NY PURPOSE: OPERATING SUPPORT | $5,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |
Westchester Academic Library Directors Organization Inc New York, NY | $47,276,623 | $38,534,511 |
Pro Publica Inc New York, NY | $60,782,681 | $36,005,300 |
Pittsburgh Trust For Cultural Resources Pittsburgh, PA | $189,016,990 | $50,601,813 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Artsquest Bethlehem, PA | $46,615,180 | $27,430,533 |
Lincoln Park Performing Arts Center Midland, PA | $37,610,958 | $11,880,429 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |