VAN ALEN INSTITUTE PROJECTS IN PUBLIC ARCHITECTURE

EIN: 131655152 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$1,432,541
Total Expenses
$2,490,251
Total Assets
$39,887,285
Net Assets
$35,618,503
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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
NY
Principal Officer
R MAY LEE
Phone
2129247000
Tax Period
2023-01-01 to 2023-12-31

VAN ALEN INSTITUTE PROJECTS IN PUBLIC ARCHITECTURE, founded in 1916, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 74% operating deficit.

Mission

VAN ALEN INSTITUTE HELPS CREATE EQUITABLE CITIES THROUGH COMMUNITY-LED INCLUSIVE DESIGN. IN AN EQUITABLE CITY, COMMUNITIES ARE ENGAGED IN THE CONCEPTION AND CREATION OF THEIR BUILT ENVIRONMENT, REGARDLESS OF INCOME OR PERSONAL CIRCUMSTANCES. COMMUNITY-DRIVEN DECISION-MAKING BUILDS RESILIENCE, SOCIAL INFRASTRUCTURE, AND ULTIMATELY, MORE JUST CITIES. WE PARTNER WITH LEADERS OF HISTORICALLY DISINVESTED COMMUNITIES TO SUPPORT THEIR IMMEDIATE NEEDS AND LONG TERM VISIONS WITH OUR NETWORK, KNOWLEDGE, AND RESOURCES. WE SHAPE DIVERSE INTERDISCIPLINARY TEAMS, BUILD CROSS-SECTOR PUBLIC/PRIVATE COALITIONS, AND INVEST OUR OWN FUNDS TO SUPPORT NEIGHBORHOOD PRIORITIES. BY CENTERING COMMUNITY IN EVERYTHING WE DO, OUR INCLUSIVE DESIGN METHOD RESPONDS TO THE URGENT NEED FOR SOCIAL JUSTICE IN CITYMAKING. FOR 130 YEARS, OUR PURPOSEFUL COMMUNITY ENGAGEMENT, CONVENING CAPACITY, AND GLOBAL NETWORK HAVE PRODUCED PROFOUND TRANSFORMATIONS IN THE PUBLIC REALM OF NEW YORK CITY AND BEYOND. WITH AN INTERDISCIPLINAR

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $601,204
Program Service Revenue $0
Investment Income $788,127
Other Revenue $43,210
TOTAL REVENUE $1,432,541

Expense Breakdown

Grants Paid $146,405
Salaries & Benefits $1,277,968
Fundraising Expenses $263,165
Program Expenses $1,901,708
Other Expenses $1,065,878
TOTAL EXPENSES $2,490,251

Year-over-Year Comparison

2023 2022 Change
Revenue $1,432,541 $1,701,670 -0.2%
Expenses $2,490,251 $2,974,777 -0.2%
Net Income $-1,057,710 $-1,273,107 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
14
Volunteers
22

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$304,335
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH MARTON EXECUTIVE DI 40.00
Officer
$285,052 $19,283 $304,335
KATHLEEN E OVERBECK DIRECTOR OF 40.00
Highest
$126,888 $12,368 $139,256
R MAY LEE CHAIR 2.00
Officer Director
$0 $0 $0
CARLA SWICKERATH VICE CHAIR 2.00
Officer Director
$0 $0 $0
KIA WEATHERSPOON SECRETARY 2.00
Officer Director
$0 $0 $0
JENNIFER L GUSTETIC TREASURER 2.00
Officer Director
$0 $0 $0
MICHAEL BEDNARK TRUSTEE 2.00
Director
$0 $0 $0
ROBERT BERNSTEIN TRUSTEE 2.00
Director
$0 $0 $0
MARK GARDNER TRUSTEE 2.00
Director
$0 $0 $0
MARK JOHNSON TRUSTEE 2.00
Director
$0 $0 $0
CASEY JONES TRUSTEE 2.00
Director
$0 $0 $0
LATOYA NELSON KAMDANG TRUSTEE 2.00
Director
$0 $0 $0
HANA KASSEM TRUSTEE 2.00
Director
$0 $0 $0
SANDY LEE THRU 923 TRUSTEE 2.00
Director
$0 $0 $0
NNENNA LYNCH TRUSTEE 2.00
Director
$0 $0 $0
DANIEL MALDONADO TRUSTEE 2.00
Director
$0 $0 $0
MITCH MCEWEN TRUSTEE 2.00
Director
$0 $0 $0
CARLOS MENCHACA TRUSTEE 2.00
Director
$0 $0 $0
RAYMOND QUINN TRUSTEE 2.00
Director
$0 $0 $0
CAROL E ROSENTHAL TRUSTEE 2.00
Director
$0 $0 $0
KATIE SWENSON TRUSTEE 2.00
Director
$0 $0 $0
ALLISON FREEDMAN WEISBERG TRUSTEE 2.00
Director
$0 $0 $0
CLAIRE WEISZ TRUSTEE 2.00
Director
$0 $0 $0
THOMAS YU TRUSTEE 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,432,541 $2,490,251 $39,887,285 $-1,057,710
2022 $1,701,670 $2,974,777 $37,604,094 $-1,273,107
2021 $3,072,994 $2,670,369 $44,490,814 $402,625
2020 $2,512,175 $2,476,161 $42,107,811 $36,014
2019 $1,788,331 $2,730,630 $34,403,083 $-942,299
2018 $30,324,174 $2,345,777 $34,765,162 $27,978,397
2017 $2,441,608 $2,213,178 $7,264,896 $228,430
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