Issue Project Room Incorporated FY2023 filing

Tax-deductible

Brooklyn, NY501(c)(3)Since 2003Arts & CultureEIN 20-0367608Revenue $659K in FY2023

On file with the IRSissueprojectroom.org22 Boerum Pl, 11201-5102 · Brooklyn, NYTax-exempt since Aug 2008Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
$123K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
5 of 6
filings with a surplus
Average surplus $615K a year · 48% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$123K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$69K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$659K
-35% vs prior year
Spent
$669K
To programs
53%
Net assets
$3.7M
By yearFY2020–FY2025
Revenue
$659K
FY2023▼ -35%
Tap a bar for its year
Revenue by fiscal year
FY2020$948K
FY2021$2.7M
FY2022$1.0M
FY2023$659K
FY2024$1.3M
FY2025$1.1M
Expenses
$669K
FY2023▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$616K
FY2021$728K
FY2022$689K
FY2023$669K
FY2024$661K
FY2025$687K
Net assets
$3.7M
FY2023-0.3%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$3.4M
FY2022$3.7M
FY2023$3.7M
FY2024$4.4M
FY2025$4.8M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 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 2008.

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

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $357K Management & general 29% · $192K Fundraising 18% · $120K

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

Something off? Claim to fix it

Who runs it and what they're paid

12 people listed on the 990; $123K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director & Chief Curator
$123,385Pt VII · Sec A
President, Board Chair
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Zev Greenfield’s $124K as Executive Director & Chief Curator is at the 50th percentile of top reported officer pay among 3924 $1–10M 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Zev Greenfield$124,153$110,612$123,385$142,006$147,651$117,526
Toni Dove—$85,500————

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 Issue Project Room Incorporated executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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 15aYes

Programs and updates

Issue Project Room Incorporated is an arts and culture nonprofit based in Brooklyn, NY, formed in 2003.

Questions for Issue Project Room Incorporated

Tap to ask. Issue Project Room Incorporated sees how many people are interested.

Your first name shows with your question. Issue Project Room Incorporated answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $357K · in their own filed words · FY2023
01

Issue project room presents projects by interdisciplinary artists that expand the boundaries of artistic practice and stimulate critical dialogue in the broader community. Issue serves as a leading cultural incubator, facilitating the commission and premiere of innovative new works spanning genres of music, dance, literature and film.

$357Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$2K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$659K
Ln 12
Gifts and grantsLn 1h$583K
Fees for servicesLn 2g$73K
Other incomeLn 4–11$3K
Money outPt IX
$669K
Ln 25
Programscol B$357K
Managementcol C$192K
Fundraisingcol D$120K
Owns and owesPt X
$3.7M
net assets · Ln 32
Cash and savingsLn 1–2$15K
Total assetsLn 16$3.8M
LiabilitiesLn 26$69K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$583K
Government grantsLn 1e$165K
Fundraising eventsLn 1c$91K
Fees for servicesLn 2g$73K
Investment incomeLn 3$9
Other incomeLn 4–11$3K
Total revenueLn 12$659K
Assets in detailPt X, end of year
CashLn 1$15K
Cash and savings togetherLn 1–2$15K
Land, buildings, equipmentLn 10c$3.6M
Total assetsLn 16$3.8M
LiabilitiesLn 26$69K
Net assetsLn 32$3.7M
OperationsPt I, VI
EmployeesI 516
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$11K$15K
Land, buildings, equipmentLn 10c$3.6M$3.6M
Total assetsLn 16$3.8M$3.8M
LiabilitiesLn 26$62K$69K
Net assetsLn 32$3.7M$3.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$129K$65K$32K$32K
Other salaries and wagesLn 7$261K$136K$56K$69K
Other employee benefitsLn 9$3K$2K$703$813
Payroll taxesLn 10$36K$19K$8K$9K
Accounting feesLn 11c$10K$0$10K$0
Other fees for servicesLn 11g$114K$88K$25K$1K
Advertising and promotionLn 12$12K$2K$10K$0
Office expensesLn 13$9K$0$9K$0
RoyaltiesLn 15$2K$2K$0$0
OccupancyLn 16$14K$11K$1K$1K
TravelLn 17$15K$15K$0$0
Conferences, conventions and meetingsLn 19$2K$1K$615$615
InterestLn 20$948$0$948$0
Depreciation, depletion and amortizationLn 22$14K$0$14K$0
InsuranceLn 23$8K$0$8K$0
Other expenses (24a–d)Ln 24$20K$5K$10K$5K
All other expensesLn 24e$18K$12K$6K$290
Total functional expensesLn 25$669K$357K$192K$120K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$687K$444K$4.8M 990 PDF
FY2024 $1.3M$661K$652K$4.4M 990 PDF
FY2023 Viewing $659K$669K−$11K$3.7M 990 PDF
FY2022 $1.0M$689K$319K$3.7M 990 PDF
FY2021 $2.7M$728K$2.0M$3.4M 990 PDF
FY2020 $948K$616K$332K$1.5M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $658,764 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $912,140$583,037
I-9 Program service revenuePrior year $79,142$72,900
I-10 Investment incomePrior year $23$9
I-11 Other revenuePrior year $16,959$2,818
I-12 Total revenuePrior year $1,008,264$658,764
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $431,757$430,011
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $257,642$239,323
I-18 Total expensesPrior year $689,399$669,334
I-19 Revenue less expensesPrior year $318,865−$10,570
Part VI · Governance 10 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $658,764 across 10 lines filed
VIII-1b Membership dues$10,996
VIII-1c Fundraising events$91,330
VIII-1e Government grants$165,229
VIII-1f All other contributions, gifts and grants$315,482
VIII-1h Total contributions, gifts and grants$583,037
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$72,900
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $9$9
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $2,543$2,543
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $275 · Unrelated business $0 · Excluded from tax $0$275
VIII-12 Total revenueRelated to mission $73,175 · Unrelated business $0 · Excluded from tax $2,552$658,764
Part IX · Statement of functional expenses $669,334 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $64,697 · Management $32,348 · Fundraising $32,348$129,393
IX-7 Other salaries and wagesPrograms $136,300 · Management $55,765 · Fundraising $69,359$261,424
IX-9 Other employee benefitsPrograms $1,606 · Management $703 · Fundraising $813$3,122
IX-10 Payroll taxesPrograms $18,552 · Management $8,133 · Fundraising $9,387$36,072
IX-11c Accounting feesPrograms $0 · Management $10,152 · Fundraising $0$10,152
IX-11g Other fees for servicesPrograms $88,047 · Management $24,806 · Fundraising $1,190$114,043
IX-12 Advertising and promotionPrograms $1,525 · Management $10,334 · Fundraising $0$11,859
IX-13 Office expensesPrograms $0 · Management $9,330 · Fundraising $0$9,330
IX-15 RoyaltiesPrograms $1,891 · Management $0 · Fundraising $0$1,891
IX-16 OccupancyPrograms $11,164 · Management $1,171 · Fundraising $1,315$13,650
IX-17 TravelPrograms $14,804 · Management $0 · Fundraising $0$14,804
IX-19 Conferences, conventions and meetingsPrograms $1,229 · Management $615 · Fundraising $615$2,459
IX-20 InterestPrograms $0 · Management $948 · Fundraising $0$948
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $14,111 · Fundraising $0$14,111
IX-23 InsurancePrograms $0 · Management $7,733 · Fundraising $0$7,733
IX-24 Other expenses (24a–d)Programs $5,134 · Management $10,348 · Fundraising $4,666$20,148
IX-24e All other expensesPrograms $12,167 · Management $5,738 · Fundraising $290$18,195
IX-25 Total functional expensesPrograms $357,116 · Management $192,235 · Fundraising $119,983$669,334
Part X · Balance sheet $3,807,212 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $11,211$14,556
X-3 Pledges and grants receivableStart of year $189,680$165,585
X-9 Prepaid expenses and deferred chargesStart of year $8,695$10,291
X-10c Land, buildings and equipment, netStart of year $3,577,124$3,602,605
X-14 Intangible assetsStart of year $18,900$14,175
X-16 Total assetsStart of year $3,810,612$3,807,212
X-17 Accounts payable and accrued expensesStart of year $49,379$61,110
X-25 Other liabilitiesStart of year $12,657$7,450
X-26 Total liabilitiesStart of year $62,036$68,560
X-27 Net assets without donor restrictionsStart of year $23,318$5,720
X-28 Net assets with donor restrictionsStart of year $3,725,258$3,732,932
X-32 Total net assets or fund balancesStart of year $3,748,576$3,738,652
X-33 Total liabilities and net assetsStart of year $3,810,612$3,807,212
Part XI · Reconciliation of net assets $3,738,652 net assets at year end
XI-1 Total revenue$658,764
XI-2 Total expenses$669,334
XI-3 Revenue less expenses−$10,570
XI-4 Net assets at start of year$3,748,576
XI-6 Donated services and use of facilities$646
XI-10 Net assets at end of year$3,738,652

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.