CHASHAMA INC

EIN: 133862422 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$2,018,665
Total Expenses
$2,915,714
Total Assets
$1,556,913
Net Assets
$575,625
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NY
Principal Officer
ANITA DURST
Phone
2123918151
Tax Period
2023-07-01 to 2024-06-30

CHASHAMA INC, founded in 1995, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 44% operating deficit.

Mission

SINCE 1995, CHASHAMA HAS REVITALIZED OVER 90 PROPERTIES, PROVIDING INVALUABLE OPPORTUNITIES TO MORE THAN 12,000 ARTISTS. CHASHAMA EMPOWERS ARTISTS AT ANY STAGE OF THEIR CAREER WITH AFFORDABLE SPACE TO CREATE AND PRESENT. CHASHAMA ALSO BRINGS VIBRANT, ARTISTIC PROGRAMMING TO AUDIENCES OF ALL AGES AND BACKGROUNDS BY ANNUALLY PRESENTING OVER 130 FREE, PUBLIC EVENTS TO DIVERSE NEIGHBORHOODS THROUGHOUT NEW YORK CITY. CHASHAMAS WORKSPACE PROGRAM PROVIDES LOW-COST ARTIST STUDIOS IN A PROFESSIONALLY, SUPPORTIVE, CREATIVE ENVIRONMENT. OUR PRESENTATION PROGRAM HELPS ARTISTS FULLY REALIZE THEIR CREATIVE VISIONS THROUGH EXHIBITION AND PERFORMANCE SPACE. WITH PROFESSIONAL DEVELOPMENT WORKSHOPS, VISITING CURATOR OPPORTUNITIES, AND FINANCIAL, LOGISTICAL AND MARKETING SUPPORT, WE INVEST IN ARTISTS, INCREASING THEIR PROSPECTS FOR SUCCESS.

Program Service Accomplishments

Program 1
Expenses: $755,234 Revenue: $0

SPACE TO CREATE GIVES ARTISTS AFFORDABLE STUDIO SPACE. ITS ONE OF THE LARGEST SUBSIDIZED STUDIO RESIDENCY PROGRAMS IN NEW YORK, AND IT INCLUDES PROFESSIONAL DEVELOPMENT WORKSHOPS AND ANNUAL OPEN...

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SPACE TO CREATE GIVES ARTISTS AFFORDABLE STUDIO SPACE. ITS ONE OF THE LARGEST SUBSIDIZED STUDIO RESIDENCY PROGRAMS IN NEW YORK, AND IT INCLUDES PROFESSIONAL DEVELOPMENT WORKSHOPS AND ANNUAL OPEN STUDIO EVENTS. WE CURRENTLY HAVE 135 STUDIOS ACROSS THE CITY, MANY OF WHICH ARE LOCATED AT OUR HUB AT THE HISTORIC BROOKLYN ARMY TERMINAL.

Program 2
Expenses: $645,980 Revenue: $143,500

SPACE TO PRESENT PROVIDES FREE PRESENTATION SPACES TO PERFORMERS, VISUAL ARTISTS, AND CURATORS, ANNUALLY GIVING 231 ARTISTS THE OPPORTUNITY TO PRESENT THEIR WORK IN PROFESSIONAL, HIGHLY VISIBLE...

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SPACE TO PRESENT PROVIDES FREE PRESENTATION SPACES TO PERFORMERS, VISUAL ARTISTS, AND CURATORS, ANNUALLY GIVING 231 ARTISTS THE OPPORTUNITY TO PRESENT THEIR WORK IN PROFESSIONAL, HIGHLY VISIBLE VENUES IN A RANGE OF LOCATIONS IN NEW YORK. OUR PROGRAM NURTURES EXCELLENCE IN THE PRESENTATION OF INNOVATIVE, CULTURALLY DIVERSE ART AND EXPANDS THE PUBLICS ACCESS TO QUALITY ARTISTIC PRESENTATION.

Program 3
Expenses: $258,186 Revenue: $0

SPACE TO CONNECT COLLABORATES WITH SOCIAL SERVICE ORGANIZATIONS TO CREATE HIGH QUALITY FREE ARTS PROGRAMMING FOR UNDER-RESOURCED COMMUNITIES IN THE BRONX, WASHINGTON HEIGHTS, AND QUEENS. LAST YEAR WE...

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SPACE TO CONNECT COLLABORATES WITH SOCIAL SERVICE ORGANIZATIONS TO CREATE HIGH QUALITY FREE ARTS PROGRAMMING FOR UNDER-RESOURCED COMMUNITIES IN THE BRONX, WASHINGTON HEIGHTS, AND QUEENS. LAST YEAR WE PROVIDED 132 FREE CLASSES TO 2,054 PARTICIPANTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,271,617
Program Service Revenue $223,864
Investment Income $11,730
Other Revenue $511,454
TOTAL REVENUE $2,018,665

Expense Breakdown

Grants Paid $244,100
Salaries & Benefits $1,545,292
Fundraising Expenses $441,138
Program Expenses $1,853,264
Other Expenses $1,126,322
TOTAL EXPENSES $2,915,714

Year-over-Year Comparison

2023 2022 Change
Revenue $2,018,665 $2,975,496 -0.3%
Expenses $2,915,714 $2,388,805 +0.2%
Net Income $-897,049 $586,691 -2.5%
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
17
Independent Members
15
Employees
38
Volunteers
34

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
3
$121,114
Total Directors
19
$52,081
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC DALE DIRECTOR 35.00
Officer Director
$52,081 $0 $52,081
CINDY SCHOLZ CHAIRPERSON 1.00
Director
$0 $0 $0
ANITA DURST PRESIDENT 35.00
Officer Director
$0 $0 $0
BILL ABRAMSON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL HISRCHHORN DIRECTOR 1.00
Director
$0 $0 $0
BRIDGET MURPHY DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE ROSE JOSEPH DIRECTOR 1.00
Director
$0 $0 $0
CYNTHIA WANG TREASURER 1.00
Director
$0 $0 $0
ROGER WU DIRECTOR 1.00
Director
$0 $0 $0
LAURA OREILLY DIRECTOR 1.00
Director
$0 $0 $0
AARON FERNANDEZ DIRECTOR 1.00
Director
$0 $0 $0
AMANDA MARCUS SECRETARY 1.00
Director
$0 $0 $0
ALISON BELLUCCI CHIEF FINANCIAL OFFICER 35.00
Officer
$69,033 $0 $69,033
BERTIL SHUIL DIRECTOR 1.00
Director
$0 $0 $0
SOHIL CHOWDHURY DIRECTOR 1.00
Director
$0 $0 $0
AMBER LASCIAK DIRECTOR (FORMER) 1.00
Director
$0 $0 $0
JENNIFER BUSCH DIRECTOR (FORMER) 1.00
Director
$0 $0 $0
LEAH LANE DIRECTOR (FORMER) 1.00
Director
$0 $0 $0
LYDIA MAK DIRECTOR (FORMER) 1.00
Director
$0 $0 $0
RICHARD RUBINSTEIN DIRECTOR (FORMER) 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2024 $2,018,665 $2,915,714 $1,556,913 $-897,049
2023 $2,975,496 $2,388,805 $1,751,479 $586,691
2022 $2,134,588 $2,020,335 $1,050,801 $114,253
2022 $2,134,588 $2,020,335 $1,050,801 $114,253
2021 $1,928,554 $1,842,536 $1,226,837 $86,018
2020 $1,656,232 $1,480,034 $973,710 $176,198
2019 $1,568,600 $1,440,899 $624,422 $127,701
2018 $1,161,214 $1,191,900 $476,731 $-30,686
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