The Chelsea Factory Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 862026695 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Chelsea Factory Inc?

The Chelsea Factory Inc, located in New York City, is a nonprofit organization that plays a crucial role in supporting artists, ensembles, and arts organizations in the region. With a focus on inclusivity, particularly for historically marginalized communities, they offer highly subsidized space, production resources, and dynamic connections to foster transformative experiences. Their programs include artist residencies, participatory events for community groups, and mainstage public performances across various artistic disciplines. Throughout the year, they provide opportunities for families, students, and New Yorkers of all ages to engage in creative experiences at low costs or for free. The Chelsea Factory Inc's mission is to provide strong support, responsive partnership, and enriching experiences for New York City's artists, organizations, and audiences. With a workforce of 112 individuals, they are dedicated to uplifting the arts scene in New York City.


Official website here: www.chelseafactory.org

Is The Chelsea Factory Inc legitimate?

The Chelsea Factory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Chelsea Factory 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: $594,424
Professional Fundraising Fees: $0
Other Salaries and Wages: $444,347

For more financial information, click here


Official website here: www.chelseafactory.org

What is the mission statement of The Chelsea Factory Inc?

The Chelsea Factory Inc's mission is centered around supporting artists, ensembles, and arts organizations in New York City as they navigate post-COVID-19 challenges. With a focus on artists from historically excluded communities, the organization offers highly subsidized creation and presentation spaces, production resources, and dynamic connections to foster transformative experiences. The Chelsea Factory aims to provide strong support and responsive partnerships, aiming to create impactful opportunities for New York City artists, organizations, and audiences. Their programming includes multidisciplinary rehearsals, performances, events, and space rentals for various arts, culture, and community groups across the city. This includes annual artist residencies, free participatory events for community groups, and mainstage public performances across all artistic disciplines, offering year-round creative experiences for families, students, and New Yorkers of all ages.


Official website here: www.chelseafactory.org

Who is the CEO of The Chelsea Factory Inc?

Lauren Kiel is the Board Chair of The Chelsea Factory Inc.


Official website here: www.chelseafactory.org

What is the revenue of The Chelsea Factory Inc?

The Chelsea Factory Inc's revenue in 2022 was $3,828,840.


Official website here: www.chelseafactory.org

Who are the executives of The Chelsea Factory Inc and what are their salaries?

The average compensation at The Chelsea Factory Inc during 2022 was $9,275. There are 112 employees and 4 volunteers at The Chelsea Factory Inc.

Here are 7 key members and their salaries:

    Lauren Kiel (Executive Director/Treasurer)
  • Compensation: $343,816
  • Related: $0
  • Other: $35,741

    • Donald Borror (Managing Director)
  • Compensation: $202,120
  • Related: $0
  • Other: $12,703

    • Jim Herbert (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shilla Kim-Parker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Miller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arielle Patrick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Shelton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chelseafactory.org

    Where can I find the form 990 for The Chelsea Factory Inc?

    The The Chelsea Factory Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chelseafactory.org

    Learn more at the official website: www.chelseafactory.org

    Mission Statement of The Chelsea Factory Inc

    The Chelsea Factory Inc exists with a mission to offer robust support, responsive partnerships, and transformative experiences for New York City artists, organizations, and audiences. This nonprofit organization is dedicated to providing a strong foundation for artists, ensembles, and arts organizations as they navigate the post-COVID-19 landscape. With a focus on supporting historically excluded communities, The Chelsea Factory Inc offers highly subsidized creation and presentation spaces, production resources, and dynamic connections, aiming to create impactful experiences for its artists and partners across various genres.

    In essence, The Chelsea Factory Inc serves as a vital hub for artistic expression and collaboration in New York City. It hosts multidisciplinary rehearsals, performances, events, and space rentals for a wide array of arts, culture, and community groups. This includes artist residencies for an annual cohort of emerging and established artists, free participatory events for community groups, and mainstage public performances across all artistic disciplines. Through this programming, The Chelsea Factory Inc offers year-round opportunities for families, students, and New Yorkers of all ages to engage in creative experiences at little to no cost.

    Impact

    This information is meant to be a general summary of The Chelsea Factory Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Chelsea Factory Inc's impact lies in its powerful support for artists, ensembles, and arts organizations in New York City as they navigate the challenges brought on by the COVID-19 pandemic. By offering highly subsidized creation and presentation spaces, production resources, and valuable connections, The Chelsea Factory aims to empower artists from historically excluded communities and create transformative experiences for its diverse range of artists and partners across various artistic genres. Through its multidisciplinary rehearsals, performances, events, and space rentals, The Chelsea Factory provides a vital platform for the promotion of arts, culture, and community engagement, contributing to the vibrancy and resilience of the artistic community in the city.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $660,623
  • Gross Receipts: $3,828,840

    • Assets and Liabilities:
  • Total Assets: $6,049,280
  • Total Liabilities: $1,069,087
  • Net Assets: $4,980,193
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SPONSORSHIPS

    Revenue

    $400,090

    VENUE/STUDIO RENTALS

    Revenue

    $240,567

    TICKET SALES

    Revenue

    $19,966

    Organization Details

    Founding Year

    2021

    Principal Officer

    Lauren Kiel

    Main Address

    547 WEST 26TH STREET, NEW YORK, NY, 10001

    NTEE Category

    Code: A20 - Arts

    If you are a representative of The Chelsea Factory 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.