New Art Publications Inc

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

EIN: 133336695 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is New Art Publications Inc?

New Art Publications Inc, based in Brooklyn, New York, serves as a multifaceted publishing house dedicated to showcasing artist-generated content. Through its quarterly print magazine, daily online publication, digital archive, Oral History Project, and podcast, BOMB offers an in-depth glimpse into the creative process of artists, writers, and performers. The platform publishes diverse content such as interviews, reviews, essays, poetry, short fiction, and portfolios, with over 300 features released annually. With a vast online audience of a million viewers, BOMB has received substantial grants in 2021 and 2022 to strengthen its Oral History Project, complete a strategic plan, and redesign its website for a 2023 relaunch. The organization's mission is to promote and support contemporary artists and writers, fostering increased public awareness and appreciation of their work.


Official website here: www.bombsite.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

New Art Publications Inc, known for BOMB Magazine, has earned a commendable Four-Star rating from Charity Navigator, based on its impressive accountability and finance score. With 93% of its board members being independent and a strong emphasis on ethical practices, the organization demonstrates a commitment to transparency and responsible financial management. The program expense ratio of 81.01% indicates that a significant portion of its funds is directed towards programs, reflecting an effective use of resources.

User feedback highlights the magazine's influential role in the arts and literature sectors, with many contributors and readers expressing their appreciation for its depth and quality. The publication is lauded for fostering meaningful conversations among artists and for being a platform that genuinely represents diverse voices in contemporary culture. Reviewers describe BOMB as an invaluable resource that has significantly impacted their professional lives and the broader artistic discourse.

While the feedback is overwhelmingly positive, the reviews primarily date from 2011, and more recent insights into user experiences could provide a current perspective on the organization's ongoing impact and relevance. However, the overall sentiment underscores BOMB's critical role as a national treasure in arts journalism.


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

Is New Art Publications Inc legitimate?

New Art Publications Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Art Publications 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: $139,375
Professional Fundraising Fees: $0
Other Salaries and Wages: $814,269

For more financial information, click here


Official website here: www.bombsite.com

What is the mission statement of New Art Publications Inc?

New Art Publications Inc, through its platform BOMB, is committed to promoting and supporting contemporary artists and writers by fostering public awareness and appreciation of their work. This is achieved through various mediums, including a quarterly print magazine, a daily online publication, a digital archive, the Oral History Project, and a podcast. The organization publishes a wide range of artist-generated content, including interviews, reviews, essays, poetry, short fiction, and portfolios. BOMB annually publishes over 300 features, reaching an online audience of one million viewers. In 2021, BOMB received grants to enhance its Oral History Project, complete a Strategic Plan, and rebuild its website, which was scheduled to relaunch in 2023. The newly completed Strategic Plan focuses on equity, transparency, and sustainability.


Official website here: www.bombsite.com

Who is the CEO of New Art Publications Inc?

Betsy Sussler is the Executive Dir. of New Art Publications Inc.


Official website here: www.bombsite.com

What is the revenue of New Art Publications Inc?

New Art Publications Inc's revenue in 2022 was $1,566,162.


Official website here: www.bombsite.com

Who are the executives of New Art Publications Inc and what are their salaries?

The average compensation at New Art Publications Inc during 2022 was $63,576. There are 15 employees at New Art Publications Inc.


Here are 16 key members and their salaries:


Betsy Sussler (Executive Dir.)
  • Compensation: $132,623
  • Related: $0
  • Other: $6,752
Thomas E Moore Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Clifford Danner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Carroll (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Hackett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Dowling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Frank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Humphrey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Lee Hovnanian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather M Johnson (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Negroponte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Mcewen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lybess Sweezy (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Ann Page (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Odili Donald Odita (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Ranee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bombsite.com

Where can I find the form 990 for New Art Publications Inc?

New Art Publications Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bombsite.com

Learn more at the official website: www.bombsite.com

Mission Statement of New Art Publications Inc

New Art Publications Inc, a prominent publishing house, is committed to advancing the recognition and admiration of contemporary artists and writers. They achieve this objective by engaging in various activities, such as publishing in-depth interviews, reviews, essays, poetry, short fiction, and portfolios between artists, writers, and performers. This content provides the public with a unique perspective into the creative process.

The organization's mission is not limited to the print medium. New Art Publications Inc also maintains a daily online publication, a digital archive, and an Oral History Project, which preserves and shares narratives from artists and writers. Furthermore, they have a podcast that delves deeper into the creative world. With over 300 features published annually, the organization reaches a significant online audience of one million viewers.

In recent years, New Art Publications Inc has received grants to further develop their initiatives. In 2021, they received funding to establish an Oral History Department, complete a Strategic Plan, and overhaul their website. The Strategic Plan, completed in 2022, focuses on promoting equity, transparency, and sustainability. The redesign of the website, now in development, is scheduled for a 2023 relaunch. These initiatives are testament to New Art Publications Inc's dedication to promoting and supporting contemporary artists and writers, and expanding public awareness and appreciation of their work.

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Impact




August, 2024

New Art Publications Inc, operating under the name BOMB, has a significant impact on the contemporary art and literary world. Through its multi-platform publishing initiatives, BOMB provides a space for artists and writers to share their insights and creative processes with the public. The quarterly print magazine, daily online publication, digital archive, Oral History Project, and podcast collectively offer a diverse range of content including interviews, reviews, essays, poetry, fiction, and portfolios.

With over one million online viewers, BOMB has a wide reach and plays a crucial role in showcasing the work of both established and emerging artists and writers. The organization's focus on promoting contemporary creators helps in expanding public awareness and fostering appreciation for innovative artistic endeavors.

Moreover, the significant grants received in 2021 to develop the Oral History Project, create a Strategic Plan, and rebuild the website demonstrate a commitment to growth and sustainability. The completion of the Strategic Plan in 2022, emphasizing equity and transparency, and the formation of the Oral History Department further solidify BOMB's dedication to supporting the arts community.

Overall, New Art Publications Inc through BOMB serves as a vital platform for fostering creativity, dialogue, and appreciation within the contemporary arts and literary landscape.




This information is meant to be a general summary of New Art Publications 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
$1,566,162 (2022)
Expenses
$2,159,553 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29,505
  • Program Service Revenue: $204,993
  • Gross Receipts: $1,882,655

Assets and Liabilities:

  • Total Assets: $1,700,387
  • Total Liabilities: $229,127
  • Net Assets: $1,471,260

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Programs

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

Advertising

Revenue

$138,768

Magazine sales & subscrip

Revenue

$60,375

Reprints

Revenue

$5,850

Organization Details

Founding Year

1985

Principal Officer

Betsy Sussler

Main Address

80 HANSON PLACE 703, BROOKLYN, NY, 11217

NTEE Category

Code: A33 - Arts

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