BALDWIN FOR THE ARTS INC

EIN: 825224939 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$555,250
Total Expenses
$682,058
Total Assets
$952,963
Net Assets
$648,779
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
JACQUELINE WOODSON
Phone
8453631017
Tax Period
2024-01-01 to 2024-12-31

BALDWIN FOR THE ARTS INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $555K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $682K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE PRIMARY MISSION OF THE ORGANIZATION IS TO PROVIDE SUPPORT FOR ARTISITS OF COLOR IN THE FIELDS OF LITERATURE, VISUAL ARTS, AND MUSIC, WITH THE GOAL OF NURTURING THE VOICES OF HISTORICALLY UNDERREPRESENTED ARTISTS IN THESE DISCIPLINES. IN ADDITION, BY SUPPORTING THESE ARTISTS AND SHARING THEIR WORK WITH A WIDE AUDIENCE, THE ENTITY HOPES TO INCREASE THE PUBLIC'S UNDERSTANDING AND APPRECIATION OF ART FROM A DIVERSE GROUP OF ARTISTS.

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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 $553,821
Program Service Revenue $0
Investment Income $1,235
Other Revenue $194
TOTAL REVENUE $555,250

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $554,978
Other Expenses $682,058
TOTAL EXPENSES $682,058

Year-over-Year Comparison

2024 2023 Change
Revenue $555,250 $1,224,170 -0.5%
Expenses $682,058 $858,178 -0.2%
Net Income $-126,808 $365,992 -1.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE WOODSON DIRECTOR & C 25.00
Officer Director
$0 $0 $0
MONE DIXON-SABIO DIR OF OPERA 40.00
Officer Director
$0 $0 $0
KIRBY HARRIS TREASURER 5.00
Officer Director
$0 $0 $0
KATY NISHIMOTO DIRECTOR 5.00
Director
$0 $0 $0
LYDIA POLGREEN DIRECTOR 5.00
Director
$0 $0 $0
TOSHI REAGON DIRECTOR 5.00
Director
$0 $0 $0
LINDA VILLAROSA SECRETARY 5.00
Officer Director
$0 $0 $0
MERELE WILLIAMS ADKINS DIRECTOR 5.00
Director
$0 $0 $0
PHIL BILDNER DIRECTOR 5.00
Director
$0 $0 $0
MARYANN JACOB MACIAS DIRECTOR 5.00
Director
$0 $0 $0
CARLA BRUCE DIRECTOR 5.00
Director
$0 $0 $0
CAROLINE WASHINGTON DIRECTOR 5.00
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 $555,250 $682,058 $952,963 $-126,808
2023 $1,224,170 $858,178 $1,491,456 $365,992
2022 $1,324,355 $1,161,151 $1,416,767 $163,204
2019 $223,984 $16,213 $236,360 $207,771
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