Abc No Rio INC

Tax-deductible

New York, NY501(c)(3)Since 1980EIN 13-3171739

Abc no rio is an arts organization located in manhattans lower east side. IT seeks to provide opportunities for artists and the community at large to share resources and ideas in an atmosphere of camaraderie and mutual support. Since the organizations funding, IT has been welcoming and supportive venue for many thousands of emerging artists, performers, poets and musicians.

501(c)(3) charity; gifts are tax-deductible.
52¢ of each $1 spent went to programs.
Run by 100 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
4 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
52%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$6K
to officers and key staff · 4% of spending
Pt VII · Sec A
Do they have reserves?
51 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $775K
Funders’ Sch. I, 990-PF
Do they carry debt?
$58K
liabilities
Pt X · Ln 26
Who oversees it?
9
independent of 9 voting board members
Pt VI · Ln 1a–1b
Revenue
$988K
×12 vs prior year
Spent
$153K
To programs
52%
Net assets
$24.7M
By yearFY2020–FY2024
Revenue
$988K
FY2024▲ ×12
Revenue by fiscal year
FY2020$76K
FY2021$1.9M
FY2022$86K
FY2023$82K
FY2024$85K
FY2024$988K
Expenses
$153K
FY2024▲ +139%
Expenses by fiscal year
FY2020$327K
FY2021$44K
FY2022$63K
FY2023$63K
FY2024$64K
FY2024$153K
Net assets
$24.7M
FY2024▲ +4%
Net assets by fiscal year
FY2020$12.5M
FY2021$14.6M
FY2022$14.6M
FY2023$13.9M
FY2024$23.8M
FY2024$24.7M

From the FY2024 Form 990 · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CAbc No Rio INC
EINHdr · item D13-3171739
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFFeb 1992
Year of formationHdr · item L1980
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CNew York, NY
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.abcnorio.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.52 Management & general $0.45 Fundraising $0.03
Program services52%$80K
Management & general45%$69K
Fundraising3%$5K
Total functional expensesLn 25$153K

Financial health

Is it on solid ground?

Program efficiency
52%
of spending reaches programs▲ +35% vs prior filing year
Operating runway
51.3mo
months of highly liquid reserves at operating expense rate▲ +113% vs prior filing year
Surplus margin
+84%
revenue over expenses, this year▲ +248% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$24.7M
FY2024▲ +4%
Total assets by fiscal year
FY2020$12.8M
FY2021$14.8M
FY2022$14.7M
FY2023$13.9M
FY2024$23.8M
FY2024$24.7M
Total liabilities
$58K
FY2024▲ +256%
Total liabilities by fiscal year
FY2020$350K
FY2021$137K
FY2022$64K
FY2023$2K
FY2024$16K
FY2024$58K
Revenue less expensesPt I · Ln 19$835K
Total assetsPt X · Ln 16$24.7M
Program-expense ratioPt IX · col B52%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$656K
Total assetsLn 16$24.7M
Total liabilitiesLn 26$58K
Total net assetsLn 32$24.7M
Months of cash on handcomputed51.3

Statement of Revenue

Part VIII
Contributions & grants99%$974K
Program service revenue$4K
Investment income$5K
Other revenue$5K
— government grantsLn 1e$40K
Total revenueLn 12$988K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $656K · Operating expenses/yr $153K
51.3 months
Where the money goes
Program services
Program services $80K · Total expenses $153K
52%
Management & General
Management & general $69K · Total expenses $153K
45%
Fundraising
Fundraising $5K · Total expenses $153K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $341K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $974K · Total revenue $988K
99%
Government reliance
Government grants $40K · Total revenue $988K
4%
Earned-income share
Program service revenue $4K · Total revenue $988K
0.4%
Investment reliance
Investment income $5K · Total revenue $988K
+0.5%
Program self-sufficiency
Program service revenue $4K · Total expenses $153K
3%
Growth & trend
Revenue growth (YoY)
This year $988K · Prior year $85K
×12
Revenue CAGR
FY2019 $76K · FY2024 $988K
+67%
Net-asset trend (YoY)
End of year $24.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $988K · Expenses $153K
+84%
Liabilities-to-Assets
Total liabilities — · Total assets $24.7M
—
Net-asset ratio
Net assets $24.7M · Total assets $24.7M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $24.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gavin Marcus · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $6K · Total expenses $153K
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $60K · Total expenses $153K
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 52%——
Overhead ratio 45%——
Fundraising cost ratio 0.5%——
Revenue growth ×12——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$5,750Pt VII · Sec A
Co-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Steven Englander—$16,900$23,200$15,700$22,000
Gavin Marcus$5,750————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 9Voting board membersPt VI · Ln 1a
  • 9Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Abc No Rio INC is a nonprofit based in New York, NY, formed in 1980.

Provided by the organization

This section is blank until Abc No Rio INC claims this page.

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Mission & Programs · Part III

Where the work happens

2 program services account for $80K of program spending, described in the organization's own filed words · FY2024.
01

Public Events Programming

During the construction of our new facility, ABC No Rio programs and operations continue in exile at other venues and in collaboration with other organizations. Public events programming in this period includes exhibitions of visual art; concerts; performances; and workshops, panels and forums.

$60Kprogram expense
02

Facilities and Resources

ABC No Rio facilities and resources during our exile period include the ABC No Rio Printshop, a skills-sharing resource and workshop for silk-screen printing; the ABC No Rio Zine Library, one of the largest libraries of its type on the east coast, holding almost 13,000 independent and alternative publications; and the ABC No Rio Archive…

$20Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$775K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $85K$64K+4% 990 PDF
FY2023 $82K$63K-6% 990 PDF
FY2022 $86K$63K-95% 990 PDF
FY2021 $1.9M$44K×25 990 PDF
FY2020 $76K$327K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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