Sail250 New York Inc
- Assets
- $2.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 03/2024
- EIN
- 85-0777734
Organization Overview
Sail250 New York Inc is located in New York, NY. According to its NTEE Classification (A27) the organization is classified as: Community Celebrations, 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. Sail250 New York 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 03/2024, Sail250 New York Inc generated $8.4k in total revenue. All expenses for the organization totaled $206.7k during the year ending 03/2024.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
OUR IMMEDIATE MISSION IS TO ORGANIZE, COORDINATE AND RAISE FUNDS REQUIRED TO PRODUCE THE SIGNATURE EVENT FOR AMERICA'S 250TH ANNIVERSARY CELEBRATIONS IN NEW YORK HARBOR ON JULY 4TH, 2026. THIS EVENT IS IN KEEPING WITH AMERICA'S BICENTENNIAL CELEBRATIONS HOSTED IN NEW YORK HARBOR JULY 4TH, 1976 AND IS EXPECTED TO EDUCATE, ENERGIZE, AND FOSTER GOODWILL AMONG AMERICANS AND THE INTERNATIONAL COMMUNITY AT LARGE. AS A MAJOR ELEMENT OF OUR EFFORTS WE WILL FOCUS ON EDUCATIONAL ASPECTS OF AMERICAN HISTORY AND MARITIME HISTORY AS WELL AS THE DIRECT SUPPORT OF SAIL TRAINING ORGANIZATIONS AND ENTITIES THROUGHOUT AMERICA, BUT WILL TEND TO FOCUS MORE IN THE NEW YORK GEOGRAPHIC AREA BY SUPPORTING ORGANIZATIONS SUCH AS THE NEW YORK HARBOR SCHOOL, SOUTH STREET SEAPORT MUSEUM AND OTHER NOT FOR PROFIT ENTITIES OPERATING LOCALLY THAT FOCUS ON EDUCATION OF YOUTH THROUGH SAIL AND THROUGH MARITIME RELATED ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher O'brien President | 50 | $130,000 | |
Karen Scherberger Director | 0 | $0 | |
William Armstrong Secretary | 2 | $0 | |
Kevin Norton Director | 0 | $0 | |
Daniel Markham Director | 0 | $0 | |
Cristin Burtis Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,350 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $130,000 |
| Professional fees and other payments to independent contractors | $43,927 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,376 |
| Other expenses | $29,354 |
| Total expenses | $206,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,631 |
| Other assets | $0 |
| Total assets | $2,631 |
| Total liabilities | $2,164 |
| Net assets or fund balances | $467 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sail250 New York Inc New York, NY | $2,631 | $0 |
First Night Worcester Inc Worcester, MA | $28,567 | $0 |
Groupmuse Foundation Inc New York, NY | $49,813 | $0 |
Farms Prides 4th Of July Committee Inc Beverly Farms, MA | $98,064 | $0 |
Shrewsbury Street Columbus Day Parade Inc Worcester, MA | $26,774 | $0 |
Young Anash United Suffern, NY | $8,887 | $0 |
Dominican Festival Whitehall, PA | $0 | $0 |
Cherry Valley & Peppermill Farms Civic Association Cherry Hill, NJ | $3,061 | $0 |