INTERNATIONAL STUDIO & CURATORIAL PROGRAM INC

EIN: 205052686 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$1,493,644
Total Expenses
$1,699,889
Total Assets
$2,544,146
Net Assets
$1,429,175
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NY
Principal Officer
SUSAN HAPGOOD
Phone
7183872900
Tax Period
2024-07-01 to 2025-06-30

INTERNATIONAL STUDIO & CURATORIAL PROGRAM INC, founded in 2006, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $1.7M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE GRANTS AND STIPENDS TO AID AND ASSIST INDIVIDUAL, VISUAL AND OTHER ARTISTS AND CURATORS, BASED DOMESTICALLY AND INTERNATIONALLY, WHO ARE IN NEED, IN ORDER TO ENABLE THEM TO PURSUE AND ENHANCE THEIR ARTISTIC AND CURATORIAL WORK AND DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,282,820
Program Service Revenue $0
Investment Income $24,217
Other Revenue $186,607
TOTAL REVENUE $1,493,644

Expense Breakdown

Grants Paid $0
Salaries & Benefits $681,986
Fundraising Expenses $241,165
Program Expenses $1,228,570
Other Expenses $1,017,903
TOTAL EXPENSES $1,699,889

Year-over-Year Comparison

2024 2023 Change
Revenue $1,493,644 $1,720,971 -0.1%
Expenses $1,699,889 $1,698,887 +0.0%
Net Income $-206,245 $22,084 -10.3%
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
16
Independent Members
16
Employees
9
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
6
$132,183
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN HAPGOOD EXECUTIVE DI 40.00
Officer
$132,183 $0 $132,183
EMILY ALLI BOARD MEMBER 1.00
Director
$0 $0 $0
DANNY BAEZ BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH DUZYK BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS ELLIOTT BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM FOSTER BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH JONES BOARD MEMBER 1.00
Director
$0 $0 $0
SOPHIE O RIESE BOARD MEMBER 1.00
Director
$0 $0 $0
LENA SALTOS BOARD MEMBER 1.00
Director
$0 $0 $0
MARJORIE WELISH BOARD MEMBER 1.00
Director
$0 $0 $0
ARTHUR ZEGELBONE BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA L BRUNDAGE SECRETARY 1.00
Officer
$0 $0 $0
WILLIAM HARRISON TREASURER 1.00
Officer
$0 $0 $0
KAREN KARP CO-CHAIR 1.00
Officer
$0 $0 $0
MANU MOHAN VICE PRESIDE 1.00
Officer
$0 $0 $0
SAMAR MAZIAD CO CHAIR 1.00
Officer
$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 $1,493,644 $1,699,889 $2,544,146 $-206,245
2024 $1,720,971 $1,698,887 $3,138,845 $22,084
2023 $1,625,895 $1,715,766 $3,439,933 $-89,871
2022 $1,677,188 $1,422,418 $1,673,940 $254,770
2021 $1,528,502 $1,112,370 $1,559,063 $416,132
2020 $1,141,748 $1,253,245 $1,042,945 $-111,497
2019 $1,367,656 $1,143,727 $1,084,447 $223,929
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