You are now searching

   

New York BBB Wise Giving Report for
CITYarts

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
05/2016
Name:
CITYarts, Inc.
Address:
525 Broadway
Suite 602
New York, NY 10012
Phone:
212-966-0377
Year, State Incorporated:
1968, New York
Affiliates:
None
Stated Purpose:
" CITYarts brings young people and professional artists together to create public art. Through this creative process, CITYarts empowers youth and connects children locally and around the world to become active participants in transforming communities. "






Evaluation Conclusions
 

              
CITYarts, Inc. meets the 20 Standards for Charity Accountability.




Programs
 

              
Founded in 1968, CITYarts has produced 287 public art projects in collaboration with over 500 artists, 100,000 city youth and nearly 500,000 community volunteers. CITYarts has five programs, which are: Young Minds Build Bridges, Community Identity, Kids for Justice, Tribute to New York & New Yorkers, and Windows of Opportunity.



Governance
 

              
Chief Executive Officer:
Ms. Tsipi Ben-Haim, Executive Director
Compensation*:
$103,247
Chair of the Board:
Ms. Carrie Cohen
Chair's Profession / Business Affiliation:
United States Attorney
Board Size:
7
Paid Staff Size:
3



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




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals, and internet
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $499,580, 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 CITYarts' Audited Financial Statements for the fiscal year ended August 31, 2013.

Source of Funds  

Special event revenue and contributions

$170,394

Corporate contributions

146,102

Foundation contributions

133,850

Government grants

30,244

Other income

28,882

Donated goods and services

10,140

Individual contributions

8,850

Interest income

1,045

Total Income

$529,507

Program Expenses  

Program services

$338,877
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

338,877
15,176
80,874

$434,927

$94,580




Uses of Funds as a % of Total Expenses


Programs: 78%  Fund Raising: 4%  Administrative 19% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $494,492
Ending net assets 589,072
Total liabilities 7,200

Total assets

$596,272






 

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.