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The Fund For Bric Inc

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

EIN: 271119965 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Fund For Bric Inc?

The Fund for Bric Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 647 Fulton Street. Its primary role is to manage and invest funds intended for the projects of Bric Arts Media Bklyn Inc. This support is aimed at advancing the objectives of Bric Arts Media Bklyn Inc., a nonprofit organization that promotes arts and media in the Brooklyn community. The Fund for Bric Inc. operates with a small team of one employee, demonstrating its commitment to its mission.

Is The Fund For Bric Inc legitimate?

The Fund For Bric Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fund For Bric 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Fund For Bric Inc?

The Fund For Bric Inc's mission is to support the projects of Bric Arts Media Bklyn Inc. Specifically, it holds and invests funds for this purpose. The primary objective of The Fund For Bric Inc is to benefit Bric Arts Media Bklyn Inc. It serves as a financial resource, utilizing investments to fund various projects under the organization's purview.

What is the revenue of The Fund For Bric Inc?

The Fund For Bric Inc's revenue in 2024 was $266,651.

Who are the executives of The Fund For Bric Inc and what are their salaries?

There 4 volunteers at The Fund For Bric Inc.

Here are 5 key members and their salaries:


Daniel Wiener (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Liburd (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Jackson (President)
  • Compensation: $0
  • Related: $342,219
  • Other: $0
Desiree Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert China (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Fund For Bric Inc?

The Fund For Bric Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The Fund For Bric Inc

The Fund for Bric Inc, as a supporting entity, is tasked with holding and investing funds for the projects of Bric Arts Media Brooklyn Inc. This role is instrumental in ensuring the continuity and success of Bric Arts Media Brooklyn Inc's initiatives. By providing financial backing, The Fund for Bric Inc aids in the realization of Bric Arts Media Brooklyn Inc's vision and mission. This financial support is a testament to The Fund for Bric Inc's commitment to bolstering the activities of Bric Arts Media Brooklyn Inc.

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Impact




October, 2024

The Fund For Bric Inc plays a crucial role in supporting and enhancing the cultural landscape of Brooklyn through its financial investments. By holding and investing funds specifically designated for the projects of BRIC Arts Media Brooklyn, Inc., it enables the organization to carry out a wide range of artistic initiatives. This support helps to foster creativity, promote local artists, and provide valuable arts programming to the community. Through these efforts, The Fund contributes to the overall enrichment of Brooklyn's cultural scene, ensuring that arts access and engagement remains accessible to residents and visitors alike.




This information is meant to be a general summary of The Fund For Bric 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
$266,651 (2024)
Expenses
$17,200 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $29,020
  • Gross Receipts: $1,225,184

Assets and Liabilities:

  • Total Assets: $2,333,312
  • Total Liabilities: $360,276
  • Net Assets: $1,973,036

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Organization Details

Founding Year

2009

Principal Officer

Wesley Jackson

NTEE Category

Code: A11 - Arts

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