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New York BBB Wise Giving Report for
Rye Arts Center

A BBB Accredited charity

 



Expiration Date:
05/2016
Name:
Rye Arts Center
Address:
51 Milton Road
Rye, NY 10580
Phone:
914-967-0700
Year, State Incorporated:
1962, New York
Affiliates:
None
Stated Purpose:
" The Rye Arts Center is a community-based, not for profit organization whose mission is to inspire interest and maximum participation in the arts in Westchester and the surrounding region. The organization is committed to offering programs that are characterized by artistic tradition, educational value, and a spirit of innovation. "





Evaluation Conclusions
 

              
Rye Arts Center meets the 20 Standards for Charity Accountability.




Programs
 

              
Provides and maintains a multi-disciplinary program with a wide range of classes in the visual, performing, media and literary arts. Encourages community participation in arts.



Governance
 

              
Chief Executive Officer:
Ms. Helen Gates Yuu, Executive Director
Compensation*:
$80,000
Chair of the Board:
Ms. Eileen Neiman
Chair's Profession / Business Affiliation:
N/A
Board Size:
18
Paid Staff Size:
11



Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct Mail Appeals, Invitations To Fundraising Events, Grant Proposals.
Fundraising costs were 9.8% of related contributions. (Related contributions, which totaled $238,859, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on Rye Art Center Inc's Audited Financial Statements for the fiscal year ended June 30, 2013.

Source of Funds  

Education, net

$596,175

Grants and contributions

218,600

Facility usage

40,730

Membership

36,846

Special events, net of direct expenses

20,259

Exhibitions, performance and outreach

16,381

Investment return

224

Total Income

$929,215

Program Expenses  

Education

$505,674

Exhibitions, performances and outreach

119,072

Membership

23,359
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

648,105
23,459
274,895

$946,459

$(17,244)




Uses of Funds as a % of Total Expenses


Programs: 69%  Fund Raising: 3%  Administrative 29% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $274,990
Ending net assets 257,746
Total liabilities 98,057

Total assets

$355,803






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.