Overview
What is Frigid New York Inc?
Frigid New York Inc is a nonprofit organization that offers a platform for artists, both emerging and established, to showcase their work without any restrictions on content, form, or style. Their mission is to make this event as affordable and accessible as possible for the local community. They organize the Frigid Festival, providing an opportunity for diverse artists to showcase their plays and engage with their audience.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Frigid New York Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. The organization has a solid program expense ratio of 81.68%, suggesting that a significant portion of its budget is allocated to its programs. However, the overall score is impacted by a high liabilities to assets ratio of 112.35%, which raises concerns about its financial health.
The organization benefits from a fully independent board, which is a positive aspect in terms of governance. It complies with several important accountability measures, such as documenting board meeting minutes and undergoing financial statement reviews. However, the lack of key policies, including a conflict of interest policy, a whistleblower policy, and proper document retention practices, detracts from its overall accountability.
In summary, while Frigid New York Inc demonstrates strong programmatic investment and governance through an independent board, significant financial liabilities and missing accountability policies may warrant caution for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Frigid New York Inc legitimate?
Frigid New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frigid New York 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: $36,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $164,354
For more financial information, click here
What is the mission statement of Frigid New York Inc?
Frigid New York Inc's mission is centered around providing a platform for both emerging and established artists. By offering them the opportunity to present their plays, regardless of content, form, or style, the organization aims to encourage creativity and artistic expression. Furthermore, Frigid New York Inc strives to make these events as affordable and accessible as possible, ensuring that the creative community can participate without financial barriers. The organization operates an annual festival to facilitate these objectives and promote the growth of the artistic community.
Who is the CEO of Frigid New York Inc?
Erez Ziv is the Director/Treasurer of Frigid New York Inc.
What is the revenue of Frigid New York Inc?
Frigid New York Inc's revenue in 2022 was $621,090.
Who are the executives of Frigid New York Inc and what are their salaries?
The average compensation at Frigid New York Inc during 2022 was $9,543. There are 21 employees and 5 volunteers at Frigid New York Inc.
Here are 7 key members and their salaries:
- Compensation: $36,046
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Frigid New York Inc?
Frigid New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Frigid New York Inc
Frigid New York Inc, a renowned organization, is dedicated to empowering both emerging and established artists. Its mission is to offer these creatives an unparalleled opportunity to bring their plays to life, regardless of the content, form, or style they choose. The organization's ultimate goal is to make these events as affordable and accessible as possible for the broader community. By operating the Frigid Festival, Frigid New York Inc provides a platform where artists can showcase their talents and share their stories, thereby enriching the cultural landscape.
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Impact
July, 2024
Frigid New York Inc has a significant impact on the arts community in New York City by providing both emerging and established artists with the opportunity to produce their plays regardless of the content, form, or style. This organization strives to make these events as affordable and accessible as possible for members of the community. Through their Frigid festival, they create a platform for artists to showcase their work and engage with audiences, contributing to the cultural vibrancy of the city.
This information is meant to be a general summary of Frigid New York 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7
- Program Service Revenue: $279,400
- Gross Receipts: $621,090
Assets and Liabilities:
- Total Assets: $228,345
- Total Liabilities: $338,806
- Net Assets: -$110,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATER FESTIVAL
Revenue
$279,400
Organization Details
Founding Year
2009
Phone
(212) 777-6088Principal Officer
Erez Ziv
Main Address
85 EAST 4TH STREET, NEW YORK, NY, 10003
NTEE Category
Code: A65 - Arts
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