Proteus NY INC FY2022 filing

Tax-deductible

New York, NY501(c)(3)Since 2009Arts & CultureEIN 26-2511007Revenue $3 in FY2022

On file with the IRS302a West 12th Street 160, 10014-7906 · New York, NYTax-exempt since Mar 2009Publicly supported charity — 170(b)(1)(A)(vi)

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To educate the american and world public of the contributions and heritage of greek and greek/american history through collection and preservation of materials (audio/visual, archival materials of these cultures) from america and abroad. Once collected, and by addition of shootings of interviews and shootings on location, the images are brought to the public through films, exhibitions and publications.

501(c)(3) charity; gifts are tax-deductible.
38¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2022 · 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
1 of 6
filings with a surplus
Average deficit $10K a year · 51% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
38%
of spending
Concern: 38% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
85 mo
of spending, in cash
Looks good: 85.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$450
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3
-62% vs prior year
Spent
$7K
To programs
38%
Net assets
$49K
By yearFY2020–FY2025
Revenue
$3
FY2022▼ -62%
Tap a bar for its year
Revenue by fiscal year
FY2020$19
FY2021$8
FY2022$3
FY2023$5
FY2024$60K
FY2025$60K
Expenses
$7K
FY2022▼ -88%
Tap a bar for its year
Expenses by fiscal year
FY2020$16K
FY2021$59K
FY2022$7K
FY2023$9K
FY2024$69K
FY2025$21K
Net assets
$49K
FY2022▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2020$114K
FY2021$56K
FY2022$49K
FY2023$39K
FY2024$30K
FY2025$69K

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 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 Mar 2009.

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

Where the money goes

38 cents of each dollar spent went to programs.

Program services 38% · $3K Management & general 62% · $4K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Cole Oram’s $972 as Trustee is at the 4th percentile of top reported officer pay among 250 <$100K 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.

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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

Creates films about Greek heritage for education.

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Provided by the organization

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2 programs · $3K · in their own filed words · FY2022
01

To continue distribution for athens rising 1 (athens from east to west, 1821-1896) and pre-production, production, filming and post production for the "athens rising" 2 & 3 project (athens and the great idea-athens caught in conflicts) and the "athens rising archive preservation project".

$3Kprogram expense
02

To continue the greek heritage programs set forth in "the journey - the greek american dream," "smyrna: the destruction of a cosmopolitan through city. 1900-1922, and "from both sides of the aegean and "theia lena" through distribution.

Pt IX · col B

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$1K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3
Ln 12
Investment incomeLn 3$3
Money outPt IX
$7K
Ln 25
Programscol B$3K
Managementcol C$4K
Owns and owesPt X
$49K
net assets · Ln 32
Cash and savingsLn 1–2$49K
Total assetsLn 16$49K
LiabilitiesLn 26$450
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$3
Total revenueLn 12$3
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$40K
Cash and savings togetherLn 1–2$49K
Total assetsLn 16$49K
LiabilitiesLn 26$450
Net assetsLn 32$49K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
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 FY22End FY22
Cash and savingsLn 1–2$56K$49K
Total assetsLn 16$56K$49K
LiabilitiesLn 26$0$450
Net assetsLn 32$56K$49K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$167$167
Accounting feesLn 11c$3K$2K$600
Other fees for servicesLn 11g$75$75
Office expensesLn 13$2K$2K
InsuranceLn 23$771$771
Other expenses (24a–d)Ln 24$1K$450$900
Total functional expensesLn 25$7K$3K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $60K$21K$39K$69K 990 PDF
FY2024 $60K$69K−$9K$30K 990 PDF
FY2023 $5$9K−$9K$39K 990 PDF
FY2022 Viewing $3$7K−$7K$49K 990 PDF
FY2021 $8$59K−$59K$56K 990 PDF
FY2020 $19$16K−$16K$114K 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
See the full FY2022 990 (6 parts)
Part I · Summary $3 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $8$3
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $8$3
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $58,580$6,926
I-18 Total expensesPrior year $58,580$6,926
I-19 Revenue less expensesPrior year −$58,572−$6,923
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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 $3 across 2 lines filed
VIII-3 Investment incomeUnrelated business $3$3
VIII-12 Total revenueRelated to mission $0 · Unrelated business $3 · Excluded from tax $0$3
Part IX · Statement of functional expenses $6,926 across 6 lines filed
IX-11b Legal feesManagement $167$167
IX-11c Accounting feesPrograms $2,182 · Management $600$2,782
IX-11g Other fees for servicesManagement $75$75
IX-13 Office expensesManagement $1,781$1,781
IX-23 InsuranceManagement $771$771
IX-24 Other expenses (24a–d)Programs $450 · Management $900$1,350
IX-25 Total functional expensesPrograms $2,632 · Management $4,294 · Fundraising $0$6,926
Part X · Balance sheet $49,131 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $15,356$8,880
X-2 Savings and temporary cash investmentsStart of year $40,248$40,251
X-16 Total assetsStart of year $55,604$49,131
X-25 Other liabilitiesStart of year $0$450
X-26 Total liabilitiesStart of year $0$450
X-32 Total net assets or fund balancesStart of year $55,604$48,681
X-33 Total liabilities and net assetsStart of year $55,604$49,131
Part XI · Reconciliation of net assets $48,681 net assets at year end
XI-1 Total revenue$3
XI-2 Total expenses$6,926
XI-3 Revenue less expenses−$6,923
XI-4 Net assets at start of year$55,604
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$48,681

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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