MAMA FOUNDATION FOR THE ARTS INC

EIN: 311614732 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$1,433,677
Total Expenses
$1,762,107
Total Assets
$2,067,624
Net Assets
$2,043,509
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NY
Principal Officer
VY HIGGINSEN
Phone
2122801045
Tax Period
2025-01-01 to 2025-12-31

MAMA FOUNDATION FOR THE ARTS INC, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $1.8M exceeded revenue, resulting in a 23% operating deficit.

Mission

CREATED TO HELP ESTABLISH HARLEM AS A ARTISTIC AND CULTURAL CENTER PIECE OF THE WORLD. THE ORGANIZATION'S MISSION IS TO PRESENT, PRESERVE AND PROMOTE GOSPEL, JAZZ AND THE R&B ARTS FOR CURRENT AND FUTURE GENERATIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $931,061
Program Service Revenue $444,032
Investment Income $48,534
Other Revenue $10,050
TOTAL REVENUE $1,433,677

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,203,473
Fundraising Expenses $142,654
Program Expenses $1,022,911
Other Expenses $558,634
TOTAL EXPENSES $1,762,107

Year-over-Year Comparison

2025 2024 Change
Revenue $1,433,677 $1,658,505 -0.1%
Expenses $1,762,107 $1,606,322 +0.1%
Net Income $-328,430 $52,183 -7.3%
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
11
Independent Members
11
Employees
62
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
3
$99,008
Total Directors
12
$99,008
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KNOELLE WYDRO PROGRAM DIRE 40.00
Highest
$117,666 $0 $117,666
VY HIGGINSEN EXECUTIVE DI 40.00
Officer Director
$99,008 $0 $99,008
JEFFREY ANDERSON TREASURER 1.00
Officer Director
$0 $0 $0
ED BLUMENFELD TRUSTEE 1.00
Director
$0 $0 $0
ANDREA CISCO SECRETARY 1.00
Officer Director
$0 $0 $0
JOYCE DAVIS CO-CHAIR 1.00
Director
$0 $0 $0
KERY DAVIS CO-CHAIR 1.00
Director
$0 $0 $0
SAMANTHA DAVIS TRUSTEE 1.00
Director
$0 $0 $0
ROBIN HOMMEL TRUSTEE 1.00
Director
$0 $0 $0
NIGEL PIERCE TRUSTEE 1.00
Director
$0 $0 $0
DAVID RIMMER TRUSTEE 1.00
Director
$0 $0 $0
RITA RODIN TRUSTEE 1.00
Director
$0 $0 $0
PATRICK JC SHAW TRUSTEE 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 $1,433,677 $1,762,107 $2,067,624 $-328,430
2024 $1,658,505 $1,606,322 $2,390,006 $52,183
2023 $1,645,506 $1,766,232 $2,312,511 $-120,726
2022 $1,591,894 $1,003,098 $2,425,465 $588,796
2021 $2,027,362 $826,554 $1,900,832 $1,200,808
2020 $554,865 $556,415 $708,892 $-1,550
2019 $762,389 $711,021 $618,998 $51,368
2018 $696,889 $772,956 $569,304 $-76,067
2017 $599,182 $775,645 $751,759 $-176,463
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