THE ART EFFECT OF THE HUDSON VALLEY INC

EIN: 222538177 501(c)(3) Arts, Culture & Humanities

POUGHKEEPSIE, NY

Total Revenue
$2,370,815
Total Expenses
$1,902,664
Total Assets
$2,151,362
Net Assets
$1,997,754
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NY
Principal Officer
NICOLE FENICHEL-HEWITT
Phone
8454717477
Tax Period
2023-01-01 to 2023-12-31

THE ART EFFECT OF THE HUDSON VALLEY INC, founded in 1985, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $468K, a strong 20% operating margin.

Mission

THE ART EFFECT OF THE HUDSON VALLEY IS A NOT-FOR-PROFIT COMMUNITY-BASED, MULTI-ARTS EDUCATIONAL CENTER, DEDICATED TO BRINGING A WIDE RANGE OF CREATIVE, EDUCATIONAL AND CULTURALLY-ENRICHING PROGRAMS TO DIVERSE AUDIENCES THROUGHOUT THE HUDSON VALLEY. WE ARE COMMITTED TO SUPPORTING PERSONAL GROWTH, FOSTERING SELF-EXPRESSION, AND ENHANCING HUMAN SERVICES THROUGH THE ARTS, TO "MAKE A DIFFERENCE" IN THE LIFE OF OUR MULTI-CULTURAL COMMUNITY. THE ART EFFECT OF THE HUDSON VALLEY CHANGES LIVES THROUGH THE ARTS. OUR EXTENSIVE RANGE OF PROGRAMS FOSTERS SELF-EXPRESSION AND SUPPORTS ECONOMIC DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $307,794 Revenue: $186,323

THE ART INSTITUTE INSPIRES AND MOTIVATES STUDENTS TO DEVELOP ADVANCED SKILLS IN THE ARTS, PREPARING THEM FOR SUCCESSFUL CAREERS AND ACQUIRING MERIT-BASED SCHOLARSHIPS TO THE NATIONS BEST ART SCHOOLS...

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THE ART INSTITUTE INSPIRES AND MOTIVATES STUDENTS TO DEVELOP ADVANCED SKILLS IN THE ARTS, PREPARING THEM FOR SUCCESSFUL CAREERS AND ACQUIRING MERIT-BASED SCHOLARSHIPS TO THE NATIONS BEST ART SCHOOLS IN THE VISUAL AND MEDIA ARTS. GRADUATES GENERATE AN IMPRESSIVE PORTFOLIO OF ORIGINAL WORK THAT DEMONSTRATES THEIR PRE-PROFESSIONAL SKILLS IN THE VISUAL AND MEDIA ARTS.

Program 2
Expenses: $198,228 Revenue: $185,585

THE ART EFFECTS MEDIA, ART, AND DESIGN LAB (MADLAB) ENGAGES 40 TEENS AGES 14-19 FROM THE CITY OF POUGHKEEPSIE AND HELPS THEM DEVELOP LIFE AND WORKFORCE SKILLS IN THE GROWING ARTS AND MEDIA SECTORS...

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THE ART EFFECTS MEDIA, ART, AND DESIGN LAB (MADLAB) ENGAGES 40 TEENS AGES 14-19 FROM THE CITY OF POUGHKEEPSIE AND HELPS THEM DEVELOP LIFE AND WORKFORCE SKILLS IN THE GROWING ARTS AND MEDIA SECTORS. THROUGH FOUR AFTER-SCHOOL SESSIONS AND ONE FULL-TIME SUMMER SESSION, MADLAB YOUTH EARN A WAGE OR STIPEND AS THEY GAIN COMPETENCY WHILE LEARNING ABOUT VISUAL ART, MEDIA ART, AND DESIGN CAREERS. EACH MADLAB SESSION EXPOSES STUDENTS INTERESTED IN VISUAL ART, CREATIVE PLACEMAKING, PUBLIC ART, MEDIA AND DESIGN, AND MORE TO THE CREATIVE WORKFORCE PROCESS BY PRODUCING COLLABORATIVE VISUAL ARTS PROJECTS AND LEARNING WORKPLACE SKILLS SUCH AS TIME MANAGEMENT, TEAM WORK, LEADERSHIP, AND COMMUNICATION.

Program 3
Expenses: $240,240 Revenue: $180,625

SPARK STUDIOS TEACHES 50 YOUTH FILM AND MEDIA ARTS TO DEVELOP THEIR VOICES, BUILD WORKFORCE DEVELOPMENT SKILLS, PROVIDE PAID WORK EXPERIENCE, AND HELP STUDENTS GET ON A PATH TO COLLEGE AND CAREER...

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SPARK STUDIOS TEACHES 50 YOUTH FILM AND MEDIA ARTS TO DEVELOP THEIR VOICES, BUILD WORKFORCE DEVELOPMENT SKILLS, PROVIDE PAID WORK EXPERIENCE, AND HELP STUDENTS GET ON A PATH TO COLLEGE AND CAREER SUCCESS. YOUTH AGES 14-19 IN SPARK STUDIOS LEARN FILMMAKING, PHOTOGRAPHY, DIGITAL MEDIA PRODUCTION, AND CREATE MEDIA PROJECTS IN TEAMS AND FOR COMMUNITY CLIENTS. SPARK STUDIOS PREPARES YOUNG PEOPLE FOR ENTRY INTO THE ART INSTITUTE WHERE THEY CAN DEVELOP A COLLEGE FILM OR PHOTOGRAPHY PORTFOLIO AS WELL AS BECOME EMPLOYABLE IN A COMPETITIVE MEDIA WORKFORCE, INCLUDING THE ART EFFECTS ADVANCED PROGRAM FORGE MEDIA.

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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 $1,724,681
Program Service Revenue $388,268
Investment Income $945
Other Revenue $256,921
TOTAL REVENUE $2,370,815

Expense Breakdown

Grants Paid $45,766
Salaries & Benefits $1,292,148
Fundraising Expenses $225,840
Program Expenses $1,549,439
Other Expenses $564,750
TOTAL EXPENSES $1,902,664

Year-over-Year Comparison

2023 2022 Change
Revenue $2,370,815 $1,927,255 +0.2%
Expenses $1,902,664 $1,743,012 +0.1%
Net Income $468,151 $184,243 +1.5%
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
20
Independent Members
20
Employees
205
Volunteers
45

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
$116,283
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE FENICHEL-HEWITT EXECUTIVE DI 40.00
Officer
$116,283 $0 $116,283
DEAN TEMPLE PRESIDENT 1.00
Officer Director
$0 $0 $0
GAYE MALLET BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SHAILEE JOHNSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
RICHARD DUVALL TREASURER 1.00
Officer Director
$0 $0 $0
LORENZO ANGELINO SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID BLOOM BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE CICATELLO BOARD MEMBER 1.00
Director
$0 $0 $0
SYBIL DELGAUDIO BOARD MEMBER 1.00
Director
$0 $0 $0
DWAYNE DOUGLAS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL DECIUTIIS BOARD MEMBER 1.00
Director
$0 $0 $0
JUDY ELKIN BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER KRONER BOARD MEMBER 1.00
Director
$0 $0 $0
KIT LAYBOURNE BOARD MEMBER 1.00
Director
$0 $0 $0
SHARLEY MCIVER BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN MICHEL BOARD MEMBER 1.00
Director
$0 $0 $0
TERESA QUINN BOARD MEMBER 1.00
Director
$0 $0 $0
LORETTA SPENCE BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT C WATSON JR BOARD MEMBER 1.00
Director
$0 $0 $0
HARRISON BRISBON-MCKINNON YOUTH BOARD 1.00
Director
$0 $0 $0
ALERIA GONZALEZ YOUTH BOARD 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
2024 No data No data No data No data
2023 $2,370,815 $1,902,664 $2,151,362 $468,151
2022 $1,927,255 $1,743,012 $1,792,335 $184,243
2021 $2,042,849 $1,550,481 $1,190,527 $492,368
2020 $1,199,586 $1,429,699 $688,522 $-230,113
2019 $1,490,546 $1,520,116 $716,029 $-29,570
2018 $1,407,247 $1,317,608 $765,839 $89,639
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