THE BRONX RIVER ART CENTER INC

EIN: 133261148 501(c)(3) Arts, Culture & Humanities

Bronx, NY

Total Revenue
$532,119
Total Expenses
$565,658
Total Assets
$351,338
Net Assets
$328,532
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NY
Principal Officer
GAIL NATHAN
Phone
7185895819
Tax Period
2022-07-01 to 2023-06-30

THE BRONX RIVER ART CENTER INC, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $532K in total revenue in fiscal year 2022.

Mission

THE BRONX RIVER ART CENTER IS A CULTURALLY DIVERSE, MULTI-ARTS, NFP ORGANIZATION THAT PROVIDES A FORUM FOR COMMUNITY, ARTISTS, AND YOUTH TO TRANSFORM CREATIVITY INTO VISION. OUR EDUCATION, EXHIBITIONS, ARTIST STUDIOS, AND PRESENTING PROGRAMS CULTIVATE LEADERSHIP IN AN URBAN ENVIRONMENT AND STEWARDSHIP OF OUR NATURAL RESOURCE, THE BRONX RIVER.

Program Service Accomplishments

Program 1
Expenses: $465,714

MULTI-ARTS CENTER - THE BRACS OUT-OF -SCHOOL-TIME PROGRAM FOR YOUTH AGES 7 -18, PLUS ADULTS, TAKES PLACE YEAR ROUND IN OUR EDUCATION STUDIOS. THE BRACS EXHIBITIONS PROGRAM PRESENTS A MINIMUM OF FIVE...

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MULTI-ARTS CENTER - THE BRACS OUT-OF -SCHOOL-TIME PROGRAM FOR YOUTH AGES 7 -18, PLUS ADULTS, TAKES PLACE YEAR ROUND IN OUR EDUCATION STUDIOS. THE BRACS EXHIBITIONS PROGRAM PRESENTS A MINIMUM OF FIVE EXHIBITIONS OF CONTEMPORARY ART, PLUS TWO OR THREE STUDENT EXHIBITIONS ANUALLY. THE BRACS PERFORMANCE PROGRAM OFFERS FIVE OR MORE PERFORMANCES ANNUALLY IN OUR NEW EVENT SPACE OR OUTSIDE IN THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $433,592
Program Service Revenue $98,239
Investment Income $288
Other Revenue $0
TOTAL REVENUE $532,119

Expense Breakdown

Grants Paid $0
Salaries & Benefits $217,658
Fundraising Expenses $3,782
Program Expenses $465,714
Other Expenses $348,000
TOTAL EXPENSES $565,658

Year-over-Year Comparison

2022 2021 Change
Revenue $532,119 $559,653 0.0%
Expenses $565,658 $639,691 -0.1%
Net Income $-33,539 $-80,038 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
1
Volunteers
N/A

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
2
$90,116
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GAIL NATHAN EXECUTIVE DIRECTOR 040.00
Officer
$90,116 $0 $90,116
LILIANA CANDELARIO CHAIRPERSON 001.00
Director
$0 $0 $0
ANTHONY BAILEY TREASURER 001.00
Director
$0 $0 $0
BEATE H BENNETT SECRETARY 001.00
Director
$0 $0 $0
SYLVIA BENGOCHEA BOARD MEMBER N/A
$0 $0 $0
ALEX JEREZ BOARD MEMBER N/A
$0 $0 $0
EDUARDO DUARTE BOARD MEMBER N/A
$0 $0 $0
KATIE GIACCONE BOARD MEMBER N/A
Officer
$0 $0 $0
MICHAEL WHEELER BOARD MEMBER N/A
$0 $0 $0
FRANCHESCA DIAZ BOARD MEMBER N/A
$0 $0 $0
DANIELLE CORBIN BOARD MEMBER N/A
$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
2025 No data No data No data No data
2024 No data No data No data No data
2024 No data No data No data No data
2023 $532,119 $565,658 $351,338 $-33,539
2022 $559,653 $639,691 $377,467 $-80,038
2021 $509,924 $463,282 $624,998 $46,642
2020 $683,579 $486,878 $461,183 $196,701
2019 $536,737 $487,515 $298,050 $49,222
2018 $412,799 $449,684 $277,116 $-36,885
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