Supports international and u.s. Virtual artists. The organizations core initiatives are: residencies, workshops, and educational and public programs, that are centered on dialogue, experimentation and the creation of community around art.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$57K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $32K a year · 15% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$57K
to officers and key staff · 42% of spending
Concern: pay to officers and key staff is 42% of spending; over 30%.
Pt VII · Sec A
20 mo
of spending, in cash
Looks good: 19.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $10K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$18K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$234K
+31% vs prior year
Spent
$136K
To programs
84%
Net assets
$206K
By yearFY2020–FY2025
Revenue
$234K
FY2021▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$179K
FY2021$234K
FY2022$209K
FY2023$180K
FY2024$201K
FY2025$221K
Expenses
$136K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$136K
FY2022$170K
FY2023$193K
FY2024$197K
FY2025$190K
Net assets
$206K
FY2021▲ +92%
Tap a bar for its year
Net assets by fiscal year
FY2020$107K
FY2021$206K
FY2022$246K
FY2023$233K
FY2024$237K
FY2025$269K

From the FY2021 Form 990 (year ending August 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1984.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $113K Management & general 16% · $22K Fundraising 0% · $479

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $57K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$57,468Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Nova Benway’s $78K as Executive Director is at the 73rd percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Nova Benway$78,000$76,004$75,000$65,581$57,468$45,600

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.

See Triangle Arts Association Limited executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports virtual artists through residencies, workshops, and educational programs fostering dialogue and community.

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Provided by the organization

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3 programs · $113K · in their own filed words · FY2020
01

Dumbo Artist Residency

Triangle offers spacious studios and a dynamic artistic community to support the development of ambitious projects with emphasis on dialogue and experimentation. Triangle's founding concept and current programs de-emphasize professionalization and specific outcomes, instead allowing artists generous space, context and community within…

$91Kprogram expense
02

Governors Island Residency

Triangle welcomes artists to Governors Island for Spring/Summer residencies. Exclusively offered to alumni of our past residencies, this program reconnects with our community of artists to provide free studio space for 6 months and invite them share their work with visitors to the island from across the city and beyond, including…

$17Kprogram expense
03

Other Programs

providing studio-based opportunities to experiment and create new work; shared community with other artists that lasts a lifetime; introduction of curators and other experts to the work at crucial times; cultivation of new and diverse audiences with public programs, such as open studios; and meaningful exposure to and interaction with…

$5Kprogram expense

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 · FY2023
Total grants receivedfrom 2 funders$10K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$234K
Ln 12
Gifts and grantsLn 1h$204K
Other incomeLn 4–11$31K
Money outPt IX
$136K
Ln 25
Programscol B$113K
Managementcol C$22K
Fundraisingcol D$479
Owns and owesPt X
$206K
net assets · Ln 32
Cash and savingsLn 1–2$223K
Total assetsLn 16$224K
LiabilitiesLn 26$18K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$204K
Government grantsLn 1e$68K
Fundraising eventsLn 1c$9K
Other incomeLn 4–11$31K
Total revenueLn 12$234K
Assets in detailPt X, end of year
CashLn 1$223K
Cash and savings togetherLn 1–2$223K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$1K
Total assetsLn 16$224K
LiabilitiesLn 26$18K
Net assetsLn 32$206K
OperationsPt I, VI
EmployeesI 52
VolunteersI 65
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$113K$223K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$124K$224K
LiabilitiesLn 26$16K$18K
Net assetsLn 32$107K$206K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$86K$80K$6K$0
Payroll taxesLn 10$7K$0$7K$0
Other fees for servicesLn 11g$19K$18K$1K$0
Advertising and promotionLn 12$143$0$143$0
Office expensesLn 13$2K$758$784$0
OccupancyLn 16$13K$13K$0$0
InsuranceLn 23$6K$2K$4K$0
Other expenses (24a–d)Ln 24$3K$413$3K$479
Total functional expensesLn 25$136K$113K$22K$479

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $221K$190K$31K$269K 990 PDF
FY2024 $201K$197K$4K$237K 990 PDF
FY2023 $180K$193K−$13K$233K 990 PDF
FY2022 $209K$170K$40K$246K 990 PDF
FY2021 Viewing $234K$136K$99K$206K 990 PDF
FY2020 $179K$107K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $234,433 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $161,814$203,578
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $17,100$30,855
I-12 Total revenuePrior year $178,914$234,433
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $82,310$92,827
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $50,394$42,839
I-18 Total expensesPrior year $132,704$135,666
I-19 Revenue less expensesPrior year $46,210$98,767
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $234,433 across 8 lines filed
Lines not itemized here account for $26,880 of total revenue; see the IRS return.
VIII-1b Membership dues$6,500
VIII-1c Fundraising events$8,725
VIII-1e Government grants$68,255
VIII-1f All other contributions, gifts and grants$120,098
VIII-1h Total contributions, gifts and grants$203,578
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,975 · Unrelated business $0 · Excluded from tax $0$3,975
VIII-12 Total revenueRelated to mission $30,855 · Unrelated business $0 · Excluded from tax $0$234,433
Part IX · Statement of functional expenses $135,666 across 8 lines filed
IX-7 Other salaries and wagesPrograms $80,068 · Management $5,700 · Fundraising $0$85,768
IX-10 Payroll taxesPrograms $0 · Management $7,059 · Fundraising $0$7,059
IX-11g Other fees for servicesPrograms $17,625 · Management $1,475 · Fundraising $0$19,100
IX-12 Advertising and promotionPrograms $0 · Management $143 · Fundraising $0$143
IX-13 Office expensesPrograms $758 · Management $784 · Fundraising $0$1,542
IX-16 OccupancyPrograms $12,609 · Management $0 · Fundraising $0$12,609
IX-23 InsurancePrograms $1,873 · Management $4,132 · Fundraising $0$6,005
IX-24 Other expenses (24a–d)Programs $413 · Management $2,548 · Fundraising $479$3,440
IX-25 Total functional expensesPrograms $113,346 · Management $21,841 · Fundraising $479$135,666
Part X · Balance sheet $223,822 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $112,922$222,822
X-10c Land, buildings and equipment, net$0
X-15 Other assetsStart of year $1,000$1,000
X-16 Total assetsStart of year $123,558$223,822
X-17 Accounts payable and accrued expensesStart of year $104$427
X-24 Unsecured notes and loans payableStart of year $16,242$17,416
X-26 Total liabilitiesStart of year $16,346$17,843
X-27 Net assets without donor restrictionsStart of year $107,212$205,979
X-32 Total net assets or fund balancesStart of year $107,212$205,979
X-33 Total liabilities and net assetsStart of year $123,558$223,822
Part XI · Reconciliation of net assets $205,979 net assets at year end
XI-1 Total revenue$234,433
XI-2 Total expenses$135,666
XI-3 Revenue less expenses$98,767
XI-4 Net assets at start of year$107,212
XI-10 Net assets at end of year$205,979

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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