Artbridge Projects INC FY2021 filing

New York, NY · Public charity (501(c)(3)) · Since 2012 · Arts & Culture

✓ Tax-deductible
Revenue
$1.0M
+84% vs prior year
Spent
$1.1M
To programs
97%
Net assets
−$28K
By yearFY2020–FY2025
Revenue
$1.0M
FY2021▲ +84%
Revenue by fiscal year
FY2020$558K
FY2021$1.0M
FY2022$1.2M
FY2023$840K
FY2024$804K
FY2025$1.7M
Expenses
$1.1M
FY2021▲ +78%
Expenses by fiscal year
FY2020$603K
FY2021$1.1M
FY2022$1.3M
FY2023$834K
FY2024$842K
FY2025$1.5M
Net assets
−$28K
FY2021▼ -231%
Net assets by fiscal year
FY2020$21K
FY2021−$28K
FY2022−$94K
FY2023$74K
FY2024−$41K
FY2025$297K

From the FY2021 Form 990 · see the original

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

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?
Yes — filed FY2025
Legal name (IRS)Hdr · item CArtbridge Projects INC
EINHdr · item D61-1682898
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2014
Year of formationHdr · item L2012
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CNew York, NY
NTEE classificationIRS BMFArts & Culture (A70)

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 $0.97 Management & general $0.03
Program services97%$1.0M
Management & general3%$28K
Total functional expensesLn 25$1.1M

Financial health

Is it on solid ground?

Program efficiency
97%
of spending reaches programs
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$284K
FY2021▼ -19%
Total assets by fiscal year
FY2020$352K
FY2021$284K
FY2022$175K
FY2023$176K
FY2024$92K
FY2025$377K
Total liabilities
$312K
FY2021▼ -6%
Total liabilities by fiscal year
FY2020$331K
FY2021$312K
FY2022$270K
FY2023$102K
FY2024$133K
FY2025$80K
Revenue less expensesPt I · Ln 19−$49K
Total assetsPt X · Ln 16$284K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$67K
Total assetsLn 16$284K
Total liabilitiesLn 26$312K
Total net assetsLn 32−$28K
Months of cash on handcomputed0.8

Statement of Revenue

Part VIII
Contributions & grants$814K · 80%
Program service revenue$209K · 20%
Contributions & grants80%$814K
Program service revenue20%$209K
— government grantsLn 1e$60K
Total revenueLn 12$1.0M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $67K · Operating expenses/yr $1.1M
0.8 months
Where the money goes
Program services
Program services $1.0M · Total expenses $1.1M
97%
Management & General
Management & general $28K · Total expenses $1.1M
3%
Fundraising
Fundraising $0 · Total expenses $1.1M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $589K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $814K · Total revenue $1.0M
80%
Government reliance
Government grants $60K · Total revenue $1.0M
6%
Earned-income share
Program service revenue $209K · Total revenue $1.0M
20%
Investment reliance
Investment income $0 · Total revenue $1.0M
0%
Program self-sufficiency
Program service revenue $209K · Total expenses $1.1M
20%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $558K
+84%
Net-asset trend (YoY)
End of year −$28K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $1.1M
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $284K
—
Net-asset ratio
Net assets −$28K · Total assets $284K
-10%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $284K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eric Van Speights · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $1.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $321K · Total expenses $1.1M
30%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%——
Overhead ratio 3%——
Fundraising cost ratio 0%——
Revenue growth 84%——
Accounting fee ratio 1%——

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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Stephen E Pierson’s $160K as Key Employee is at the 99th percentile of top reported officer pay among 2216 $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

NameFY2025FY2024FY2023FY2022FY2020
Stephen E Pierson$159,846$133,846$115,000$111,815$99,999

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 Artbridge Projects INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 14Voting board membersPt VI · Ln 1a
  • 11Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Showcases emerging artists, offers professional development, and provides public art education through tours and discussions.

Provided by the organization

This section is blank until Artbridge Projects INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $1.0M of program spending, described in the organization's own filed words · FY2021.
01

Program Service Accomplishments

Exhibiting the work of emerging artists in private galleries and public spaces, such as overhead scaffolding, construction fences and other public spaces in transition. Providing professional development programs for artists such as career-training workshops covering topics such as marketing, branding, grant writing and portfolio…

$1.0Mprogram expense

Run this program? Claim this org to tell your story

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 3 funders$61K
See all 3 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $1.7M$1.5M+117% 990 PDF
FY2024 $804K$842K-4% 990 PDF
FY2023 $840K$834K-31% 990 PDF
FY2022 $1.2M$1.3M+19% 990 PDF
FY2021 Viewing $1.0M$1.1M+84% 990 PDF
FY2020 $558K$603K 990 PDF

Want to add your own materials alongside these filings? 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

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

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Artbridge Projects INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 peer-cohort and compensation comparisons above.