Overview
What is New York Foundation For The Arts Inc?
The New York Foundation for the Arts (NYFA) is a 36-employee strong nonprofit organization based in New York City. Their primary mission is to empower artists at critical stages in their creative lives. NYFA achieves this by granting funds and offering information to artists and organizations directly serving them. Additionally, they support arts programming within the community and collaborate with advocacy groups for the arts in New York and beyond. Annually, NYFA awards over $1 million in grants to individual artists through programs like their Fellowships. The organization also provides learning opportunities through workshops, panels, and individual mentoring on a range of topics, from grant writing to portfolio creation. NYFA's Fiscal Sponsorship Program, one of the largest and most established in the country, assists artists and emerging arts organizations in raising and managing over $3 million each year. During the COVID-19 pandemic, NYFA introduced the City Artists Corp. Grants, a one-time grant program funded by the City of New York, providing up to $5,000 to artists living in the city.
Official website here: www.nyfa.org
Is New York Foundation For The Arts Inc legitimate?
New York Foundation For The Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Foundation For The Arts Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $610,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,494,679
For more financial information, click here
Official website here: www.nyfa.org
What is the mission statement of New York Foundation For The Arts Inc?
The New York Foundation for the Arts (NYFA) is dedicated to empowering artists during pivotal moments in their creative journeys. This is achieved through various means, including offering financial assistance and providing essential information to artists and organizations that support them. NYFA's mission extends to fostering arts programming within communities and fostering collaborative relationships with organizations advocating for the arts. Annually, NYFA grants more than a million dollars to individual artists through fellowships and other programs. The organization offers workshops, panel discussions, and individual mentoring sessions, covering a wide range of topics from grant writing to portfolio creation. NYFA's Fiscal Sponsorship Program is one of the largest and most established in the country, helping artists and emerging arts organizations raise and manage over three million dollars annually.
Official website here: www.nyfa.org
Who is the CEO of New York Foundation For The Arts Inc?
Michael L Royce is the Chief Executive Officer of New York Foundation For The Arts Inc. The CEO's salary of New York Foundation For The Arts Inc is $364,017 and their total compensation is $380,155.
Official website here: www.nyfa.org
What is the revenue of New York Foundation For The Arts Inc?
New York Foundation For The Arts Inc's revenue in 2022 was $30,608,340.
Official website here: www.nyfa.org
Who are the executives of New York Foundation For The Arts Inc and what are their salaries?
The average compensation at New York Foundation For The Arts Inc during 2022 was $58,484. There are 36 employees and 25 volunteers at New York Foundation For The Arts Inc.
Here are 28 key members and their salaries (New York Foundation For The Arts Inc's CEO's salary is $364,017 and their total compensation is $380,155):
- Michael L Royce (Chief Executive Officer)
- Sebi Vitale Director Of (Finance & Administration)
- Katherine Rabinovich-Delaney (Director Of Development)
- Marc J Jason (Chair) [Trustee/Director]
- J Wesley Mcdade (Vice Chair) [Trustee/Director]
- J Whitney Stevens (Secretary) [Trustee/Director]
- Lorin Gu (Treasurer) [Trustee/Director]
- Judith K Brodsky (Past Immediate Chair) [Trustee/Director]
- Joe Baker (Board Member) [Trustee/Director]
- Kerrie Buitrago (Board Member) [Trustee/Director]
- Myrna Chao (Board Member) [Trustee/Director]
- Alexandra Chasin (Board Member) [Trustee/Director]
- Anna Deavere Smith (Board Member) [Trustee/Director]
- Christopher Donini (Board Member) [Trustee/Director]
- Kim Estes Mccarty (Board Member) [Trustee/Director]
- Michael Findlay (Board Member) [Trustee/Director]
- Lesley-Anne Gliedman (Board Member) [Trustee/Director]
- Charmaine Green-Forde (Board Member) [Trustee/Director]
- Grace Angela Henry (Board Member) [Trustee/Director]
- Eunbi Kim (Board Member) [Trustee/Director]
- Mary Lang (Board Member) [Trustee/Director]
- Ricardo Alberto Maldonado (Board Member) [Trustee/Director]
- Said Sayrefiezadeh (Board Member) [Trustee/Director]
- Dread Scott (Board Member Thru September 2021) [Trustee/Director]
- Justin Tobin (Board Member) [Trustee/Director]
- Carmelita Tropicana (Board Member) [Trustee/Director]
- Luis H Valderas (Board Member) [Trustee/Director]
- Sarah Young O'Donnell (Board Member) [Trustee/Director]
Official website here: www.nyfa.org
Where can I find the form 990 for New York Foundation For The Arts Inc?
The New York Foundation For The Arts Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nyfa.org
Learn more at the official website: www.nyfa.org
Mission Statement of New York Foundation For The Arts Inc
The New York Foundation for the Arts (NYFA) is a mission-driven organization dedicated to empowering artists at pivotal moments in their creative journeys. By providing financial assistance and essential information to artists and arts organizations that directly serve them, NYFA plays a vital role in supporting arts programming within communities and fostering collaborative partnerships with advocacy groups across New York State and beyond.
NYFA's commitment to artists extends far and wide, awarding more than $1 million annually through fellowship and other granting programs. These grants serve as vital resources for artists at various stages of their careers, providing them with the financial freedom to focus on their craft and contribute to the rich artistic landscape of the United States.
The organization's learning programs are another cornerstone of its mission, offering workshops, panel discussions, and individual mentoring sessions on crucial topics ranging from grant writing and budgeting to portfolio creation and audience development. These resources not only help artists refine their skills but also equip them with the tools necessary to thrive in the competitive arts world.
In addition to its granting programs and learning initiatives, NYFA's Fiscal Sponsorship Program is one of the most established and largest of its kind in the country. This program helps artists and emerging arts organizations raise and manage over $3 million annually, allowing them to focus on their creative endeavors while NYFA handles the administrative aspects of fundraising and financial management. By removing these barriers, NYFA empowers artists to devote their full energy to their work and make a lasting impact on the arts community.
Impact
This information is meant to be a general summary of New York Foundation For The Arts Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
New York Foundation For the Arts Inc empowers artists at critical stages in their creative lives by offering financial assistance, information, and support to individuals and organizations within the arts community. The organization's impact is seen through the distribution of over $1 million annually to individual artists through fellowship and grant programs. Additionally, NYFA's learning programs reach thousands of artists through workshops, panel discussions, and mentoring sessions on various topics crucial to artistic development. The fiscal sponsorship program helps artists and emerging arts organizations raise and manage over $3 million annually. Through these initiatives, NYFA plays a significant role in supporting and sustaining the arts in New York State and beyond.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$1,735,173
ADMINISTRATIVE FEES
Revenue
$601,527
MIRLF INTEREST
Revenue
$35,311
Organization Details
Founding Year
1971
Phone
(212) 366-6900
Principal Officer
Michael L Royce
Main Address
29 W 38TH STREET 9TH FLOOR, NEW YORK, NY, 10018
Website
www.nyfa.org
NTEE Category
Code: A120 - Arts
If you are a representative of New York Foundation For The Arts Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.