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New York Foundation for the Arts Inc

New York Foundation for the Arts Inc

New York, NY 10018
Tax ID23-7129564

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About this organization

Revenue

$8,519,683

Expenses

$8,471,030

Website

nyfa.org

Mission

New York Foundation for the Arts empowers the creative community by providing critical support, resources, and opportunities.

About

The New York Foundation for the Arts (NYFA) was established in 1971 as a service organization to financially support individual artists throughout New York State. Over its nearly 50 years history, NYFA’s mission has expanded to offer critical support, resources, and other opportunities to the creative community nationwide. We do so through four core programs: Learning, Fiscal Sponsorship, Awards & Grants, and Online Resources. Our programs are tailored to the needs of our constituents, with a particular focus on serving under-represented and under-resourced communities, to ensure all individuals in the creative community receive the support they need to thrive.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “The new york foundation for the arts' (nyfa) mission is to empower artists at critical stages in their creative lives. nyfa accomplishes this by offering financial assistance and information to artists and organizations that directly serve artists, by supporting arts programming in the community, and by building collaborative relationships with others who advocate for the arts in new york state and throughout the country. each year nyfa awards close to $800,000 to individual artists through its fellowship and other granting programs. nyfa's learning programs serve thousands of artists through workshops, panel discussions, and individual mentoring on topics ranging from grant writing and budgeting to creating an artist portfolio and audience development. the fiscal sponsorship program is one of the largest and most established in the country and helps artists and emerging arts organizations raise and manage over $3 million annually.”.

When referring to its functions, they were specified as: “To empower artists at critical stages in their creative lives.”.

  • The non-profit has reported their operating state as NY, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was 20 JAY STREET740, BROOKLYN, NY, 11201.
  • The non-profit's form reports a total of 30 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $48,653.
  • The CEO's salary policy within the organization is established through a review process by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 20 independent voting members.
  • The organization was formed in 1971.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $2,213,030 in salary, compensation, and benefits to its employees.
  • The organization pays $583,431 in fundraising expenses.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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