The Laundromat Project Inc

Organization Overview

The Laundromat Project Inc is located in Brooklyn, NY. The organization was established in 2010. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Laundromat Project Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laundromat Project 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, Laundromat Project Inc generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.4% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 23.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE LAUNDROMAT PROJECT ADVANCES ARTISTS AND NEIGHBORS AS CHANGE AGENTS IN THEIR OWN COMMUNITIES THROUGH ARTIST RESIDENCIES, FELLOWSHIPS, AND COMMUNITY ENGAGEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANCHOR NEIGHBORHOOD - THE ORGANIZATION OPERATES A THRIVING COMMUNITY HUB WITH WORKSHOPS, PUBLIC PROGRAMS, AND OTHER ARTS PROGRAMMING FOR ARTISTS, NEIGHBORS, AND COMMUNITY PARTNERS IN THE HEART OF CENTRAL BROOKLYN.


CREATE CHANGE ARTIST DEVELOPMENT - INCLUDES AN ARTIST RESIDENCY THAT COMMISSIONS 3-5 ARTISTS A YEAR TO CREATE PUBLIC ART PROJECTS IN LOCAL COMMUNITY SPACES ACROSS NEW YORK CITY. IT ALSO INCLUDES A PROFESSIONAL DEVELOPMENT PROGRAM THAT SUPPORTS UP TO 15 ARTISTS A YEAR IN DEEPENING THEIR SOCIALLY-ENGAGED CREATIVE PRACTIVE.


OTHER PROGRAM SERVICES: THESE EXPENSES RELATED TO THE GENERAL PROGRAMMING EXPENSES THAT HELP SUPPLEMENT THE ORGANIZATION'S KEY PROGRAMS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $227,362
All other contributions, gifts, grants, and similar amounts not included above$4,918,217
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,145,579
Total Program Service Revenue$12,525
Investment income $3,544
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 $1,953
Miscellaneous Revenue$0
Total Revenue $5,175,800

Grants Awarded

Over the last fiscal year, The Laundromat Project Inc has awarded $215,000 in support to 6 organizations.

Grant RecipientAmount

HESTER STREET COLLABORATIVE

Org PageRecipient Profile

New York, NY

PURPOSE: See Part IV

$105,000

STEPHANIE JOHNSON LLC

PURPOSE: See Part IV

$70,000

LITERARY FREEDOM PROJECT

PURPOSE: See Part IV

$10,000

NEW YORK FOUNDATION FOR THE ARTS

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: See Part IV

$10,000

OPEN SPACE INSTITUE

Org PageRecipient Profile

New York, NY

PURPOSE: See Part IV

$10,000

Brooklyn, NY

PURPOSE: See Part IV

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that The Laundromat Project Inc has recieved totaling $128,832.

Awarding OrganizationAmount
Andrew W Mellon Foundation

New York, NY

PURPOSE: TO SUPPORT MAPPING OF NEW YORK CITY'S BLACK, INDIGENOUS, PEOPLE OF COLOR LED AND SERVING CULTURAL ENTITIES, A COLLABORATION WITH HESTER STREET AND MUSEUM HUE

$100,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$18,832
Robert Rauschenberg Foundation

New York, NY

PURPOSE: 2-YEAR GRANT FOR CAPITAL PROJECT TO COMPLETE FIRST SEMI-PERMANENT SPACE FOR STAFF AND COMMUNITY

$10,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or