BIDOUN PROJECTS INC

EIN: 272832354 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$81,840
Total Expenses
$161,460
Total Assets
$102,066
Net Assets
$95,296
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Principal Officer
NEGAR AZIMI
Phone
2124750123
Tax Period
2022-01-01 to 2022-12-31

BIDOUN PROJECTS INC, founded in 2010, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $82K in total revenue in fiscal year 2022. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $161K exceeded revenue, resulting in a 97% operating deficit.

Mission

BIDOUN PROJECTS IS A PUBLISHING AND CURATORIAL INITIATIVE WHOSE AIM IS TO (CON'T ON SCHEDULE O) PRESENT NEW AND UNEXPECTED IDEAS ABOUT MIDDLE EASTERN ARTS AND CULTURE. BIDOUN PRODUCES AN AVANT-GARDE MAGAZINE THAT COMBINES ELEMENTS OF AN ART MAGAZINE AND LITERARY JOURNAL. IT IS CIRCULATED TO APPROXIMATELY 4,500 INDIVIDUALS AND INSTITUTIONS, AND MORE THAN 23,000 READERS VIEW THE MATERIAL VIA OUR WEBSITE, NEWSLETTERS AND SOCIAL MEDIA FEEDS. OUR CONTRIBUTORS INCLUDE ARTISTS, WRITERS, ACTIVISTS, FILMMAKERS AND ENTREPRENEURS FROM ACROSS THE GLOBE AND OUR CURATORIAL ACTIVITIES TAKE FORM AS EXHIBITIONS, FILM SCREENINGS, LECTURES AND BOOK LAUNCHES.

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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 $81,705
Program Service Revenue $135
Investment Income $0
Other Revenue $0
TOTAL REVENUE $81,840

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,182
Fundraising Expenses $27,639
Program Expenses $112,142
Other Expenses $57,278
TOTAL EXPENSES $161,460

Year-over-Year Comparison

2022 2021 Change
Revenue $81,840 $230,889 -0.6%
Expenses $161,460 $170,953 -0.1%
Net Income $-79,620 $59,936 -2.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
8
Employees
2
Volunteers
9

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
$35,944
Total Directors
9
$35,944
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEGAR AZIMI SECRETARY/SENIOR EDITOR 20.00
Officer Director
$22,000 $13,944 $35,944
AARTHI BELANI TREASURER 1.00
Officer Director
$0 $0 $0
LISA FARJAM DIRECTOR/FOUNDING EDITOR 1.00
Director
$0 $0 $0
DANA FAROUKI DIRECTOR 1.00
Director
$0 $0 $0
GLENN LOWRY DIRECTOR 1.00
Director
$0 $0 $0
SHIRIN NESHAT DIRECTOR 1.00
Director
$0 $0 $0
BURKHARD P VARNHOLT DIRECTOR 1.00
Director
$0 $0 $0
KAMBIZ SHAHBAZI DIRECTOR 1.00
Director
$0 $0 $0
LUIZA TEXEIRA DE FREITAS DIRECTOR 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
2022 $81,840 $161,460 $102,066 $-79,620
2021 $230,889 $170,953 $176,814 $59,936
2018 $255,365 $215,679 $86,302 $39,686
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