Baryshnikov Arts Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133031485 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Baryshnikov Arts Center Inc?

Baryshnikov Arts Center Inc, situated in New York City, is a nonprofit organization dedicated to nurturing artistic growth and fostering collaboration among artists worldwide. The center offers a diverse range of platforms, including its Public Performance Series, BAC Presents, providing emerging and established artists with opportunities to showcase their work. The average ticket price is $25, making performances accessible to the general public. In 2022, BAC held both digital and live events, despite lower attendance, the viewership increased to 3,750. BAC Residencies offer artists a three to six-week studio space and a stipend for project development and collaboration. Resident artists have the option to present work-in-progress showings, but it's not a requirement. BAC provides technical, administrative, and marketing support, inviting arts professionals to residency showings. BAC offers up to 20 annual residencies, nurturing the artistic growth of numerous artists. BAC Rentals provide affordable rehearsal spaces to individual artists and companies, with subsidized rates starting at $10 per hour. Non-profit dance, music, theater, and multimedia artists and companies also benefit from reduced-rate rentals. Commercial arts groups also rent the spaces for rehearsals and performances. In 2022, over 30 artists and companies utilized BAC's studios and theaters for their creative endeavors. Established in 2005, Baryshnikov Arts Center serves as a creative laboratory, meeting place, and performing space for artists from around the globe. Its mission is to foster interest in the arts, encourage the development of performing artists, and advance their collaboration.


Official website here: www.bacnyc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 90% - Four-Star out of Four Star rating

Baryshnikov Arts Center Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization has an impressive score of 100% in this area, underscored by the presence of a wholly independent board comprising 17 members, which enhances its governance integrity.

The nonprofit shows exemplary practices with no material diversion of assets and a high program expense ratio of 65.86%, indicating a significant portion of its budget is directed towards its mission. The fundraising efficiency is notably high, with only $0.14 spent to raise each dollar, demonstrating effective resource management and financial health.

Despite these strengths, the program expense ratio does leave room for improvement, as it falls slightly short of optimal benchmarks in the sector. Overall, the Baryshnikov Arts Center Inc stands out for its robust governance structure and fiscal responsibility, making it a trustworthy organization for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Baryshnikov Arts Center Inc?

88% of the 22 reviewers on Facebook recommend Baryshnikov Arts Center Inc. Here is a summary of their reviews:

Many patrons appreciate the inclusive environment that the center fosters for young artists, noting its role as a nurturing space for emerging talent. The accessibility of performances is highlighted, with several comments emphasizing that audiences can enjoy high-quality shows without the hefty ticket prices typically associated with larger venues.

Overall, there is a positive sentiment towards the Baryshnikov Arts Center, as it is recognized for its commitment to the arts and its support for both artists and the community. This focus on affordability and quality performances resonates well with attendees.


This AI summary has been generated from reviews found on Facebook.

Is Baryshnikov Arts Center Inc legitimate?

Baryshnikov Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baryshnikov Arts Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $516,376
Professional Fundraising Fees: $233,600
Other Salaries and Wages: $935,216

For more financial information, click here


Official website here: www.bacnyc.org

What is the mission statement of Baryshnikov Arts Center Inc?

The Baryshnikov Arts Center Inc was established with a mission to foster an interest in the arts and encourage the development of artists. This mission encompasses supporting performers, choreographers, directors, writers, composers, and designers. The center aims to advance their collaboration by serving as a creative laboratory, meeting place, and performing space for artists from around the world. The Baryshnikov Arts Center presents performance works, offers artist residencies, provides a subsidized rental program, and runs an education program, all aimed at nurturing artistic growth and collaboration.


Official website here: www.bacnyc.org

Who is the CEO of Baryshnikov Arts Center Inc?

Sonja Kostich is the Chairman Emeritus/Artistic Director of Baryshnikov Arts Center Inc. The CEO's salary of Baryshnikov Arts Center Inc is $30,288 and their total compensation is $30,288.


Official website here: www.bacnyc.org

What is the revenue of Baryshnikov Arts Center Inc?

Baryshnikov Arts Center Inc's revenue in 2022 was $2,317,661.


Official website here: www.bacnyc.org

Who are the executives of Baryshnikov Arts Center Inc and what are their salaries?

The average compensation at Baryshnikov Arts Center Inc during 2022 was $11,521. There are 126 employees at Baryshnikov Arts Center Inc.


Here are 19 key members and their salaries (Baryshnikov Arts Center Inc's CEO's salary is $30,288 and their total compensation is $30,288):


Mikhail Baryshnikov (Chairman Emeritus/Artistic Director)
  • Compensation: $196,193
  • Related: $0
  • Other: $3,711
Cora Cahan (President/Ceo (Through 10/14/22))
  • Compensation: $161,326
  • Related: $0
  • Other: $2,097
Sonja Kostich (President/Ceo (From 10/17/22))
  • Compensation: $30,288
  • Related: $0
  • Other: $0
Dave Hattem (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Jarrett Lilien (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Dupre (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Bishton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Cordasco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Descherer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William James Earle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Foschi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Frautschi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Slavka B Glaser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Pesner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl Pinckney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Millicent Powers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Humphrey (Director Of Finance & Admin)
  • Compensation: $108,097
  • Related: $0
  • Other: $14,664
Pamela Rapp (Director Of Production)
  • Compensation: $108,033
  • Related: $0
  • Other: $14,382


Official website here: www.bacnyc.org

Where can I find the form 990 for Baryshnikov Arts Center Inc?

Baryshnikov Arts Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bacnyc.org

Learn more at the official website: www.bacnyc.org

Mission Statement of Baryshnikov Arts Center Inc

Baryshnikov Arts Center Inc, established with the aim to stimulate interest in the arts, actively promotes the growth of artists in various disciplines such as performing, choreography, direction, writing, composition, and design. The primary objective of this organization is to foster collaboration among these artists, providing them with a creative space, opportunities for interaction, and a platform to showcase their work. To achieve this goal, Baryshnikov Arts Center Inc offers a range of programs, including the presentation of performance works, artist residencies, a subsidized rental program, and an education program. These initiatives serve as a conducive environment for artists from around the world, encouraging them to experiment, collaborate, and grow. By nurturing artistic talent and encouraging collaboration, Baryshnikov Arts Center Inc contributes to the enrichment of the global arts scene.

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Impact




August, 2024

Baryshnikov Arts Center Inc plays a vital role in fostering artistic innovation and collaboration in the arts community. Through its various programs such as BAC Presents, BAC Residencies, and BAC Rentals, the Center provides artists with the space, resources, and support needed to develop new projects and reach broader audiences.

By offering affordable rehearsal space, artist residencies, and presenting diverse performances in dance, theater, music, and multimedia arts, Baryshnikov Arts Center Inc contributes to the cultural richness of New York City and beyond. The Center's commitment to supporting emerging and established artists alike helps to advance the artistic landscape and brings new, innovative works to the stage.

In essence, Baryshnikov Arts Center Inc's impact can be seen in the opportunities it provides for artists to create, collaborate, and share their work with the world, ultimately fostering a vibrant and dynamic arts community.




This information is meant to be a general summary of Baryshnikov Arts Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,317,661 (2022)
Expenses
$3,806,966 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$217,242
  • Program Service Revenue: $663,268
  • Gross Receipts: $16,721,220

Assets and Liabilities:

  • Total Assets: $21,114,757
  • Total Liabilities: $390,320
  • Net Assets: $20,724,437

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$566,919

BOX OFFICE INCOME

Revenue

$96,349

Organization Details

Founding Year

1979

Principal Officer

Sonja Kostich

Main Address

450 WEST 37TH STREET 501, NEW YORK, NY, 100184016

NTEE Category

Code: A61 - Arts

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