OYE GROUP INC

EIN: 810963322 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$537,105
Total Expenses
$446,003
Total Assets
$358,175
Net Assets
$262,536
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
MODESTO JIMENEZ
Phone
5855687010
Tax Period
2024-07-01 to 2025-06-30

OYE GROUP INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $537K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 17% operating margin.

Mission

OYE GROUP IS AN ORGANIZATION THAT SERVES AS AN INCUBATOR FOR ARTISTS BOTH NATIVE AND IMMIGRANT TO NEW YORK CITY. WE PRESENT AN ECLECTIC MIX OF THEATER, DANCE,POETRY, MUSIC, VIDEO INSTALLATIONS AND FILM, THROUGH FESTIVALS AND PRODUCTIONS. WE CURATE WORK THAT SPARKS A DIALOGUE OVER POLITICAL AND SOCIAL ISSUES CRITICAL TO OUR COMMUNITYS GROWTH. WE WORK WITH EMERGING ARTISTS TO CREATE, PLAY, AND GROW IN AN ENVIRONMENT THAT CHALLENGES AND SUPPORTS THEM. WE ALSO PROVIDE QUALITY ARTS EDUCATION PROGRAMMING THAT GIVES OUR BROOKLYN COMMUNITY THE TOOLS TO GENERATE FORWARD-THINKING ART. OYE GROUP IS DEDICATED TO PROVIDING DIVERSE LOW-INCOME BROOKLYN STUDENTS OPPORTUNITIES TO DEVELOP THEIR LITERACY, COMMUNICATION, ARTISTIC, AND LEADERSHIP SKILLS THROUGH QUALITY ARTS EDUCATION.

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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 $420,599
Program Service Revenue $115,697
Investment Income $0
Other Revenue $809
TOTAL REVENUE $537,105

Expense Breakdown

Grants Paid $5,081
Salaries & Benefits $91,580
Fundraising Expenses $36,437
Program Expenses $267,463
Other Expenses $349,342
TOTAL EXPENSES $446,003

Year-over-Year Comparison

2024 2023 Change
Revenue $537,105 $357,335 +0.5%
Expenses $446,003 $262,311 +0.7%
Net Income $91,102 $95,024 0.0%
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
13
Independent Members
12
Employees
5
Volunteers
21

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
5
$20,755
Total Directors
14
$23,505
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN TORRES CO-FOUNDER/BOARD MEMBER 20.00
Director
$16,500 $0 $16,500
CHARLENE JEAN EXECUTIVE DIRECTOR (RESIGNED SEPTEMBER 2024) 20.00
Officer
$13,750 $0 $13,750
ZACHARY LONGSTREET BOARD MEMBER/ INTERIM EXECUTIVE DIRECTOR 1.00
Officer Director
$4,005 $0 $4,005
MODESTO JIMENEZ CO-FOUNDER/PRESIDENT 15.00
Officer Director
$3,000 $0 $3,000
AMBER WEST CHAIRMAN 3.00
Officer Director
$0 $0 $0
SUNNY CYR TREASURER 3.00
Officer Director
$0 $0 $0
MARIANNA HOUSTON BOARD MEMBER 1.00
Director
$0 $0 $0
TUSHARA JONES SAINT VITUS BOARD MEMBER 1.00
Director
$0 $0 $0
FRED TICHNER BOARD MEMBER 1.00
Director
$0 $0 $0
SLOAN TICHNER BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW KIRCHER BOARD MEMBER 1.00
Director
$0 $0 $0
KATE VALK BOARD MEMBER (RESIGNED IN SEPTEMBER 2024) 1.00
Director
$0 $0 $0
BARRY HEYMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JUAN PABLO SILES BOARD MEMBER 1.00
Director
$0 $0 $0
CLAUDINE AVALOS BOARD MEMBER 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 $537,105 $446,003 $358,175 $91,102
2024 $357,335 $262,311 $230,312 $95,024
2023 $355,817 $270,566 $125,181 $85,251
2022 $206,679 $227,633 $41,884 $-20,954
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