Nycxd Inc

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

EIN: 853379562 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Nycxd Inc?

Nycxd Inc, based in New York City, is a dedicated nonprofit organization that supports and fosters the city's thriving design sector. Established in 2013, their internationally renowned annual design festival showcases the immense talent and diversity of local designers, manufacturers, and businesses. The festival attracts over 300,000 visitors, generating significant economic activity across the city's boroughs. As a non-profit, Nycxd Inc also runs a year-round program promoting diversity, equitable opportunity, and inclusion within the city's design professions. They educate young adults about design and inspire them to become the city's designers of tomorrow. Their mission is to empower and grow this creative DNA that is inherent to New York City's identity. With a staff of 3 individuals, they are actively working towards catalyzing an exciting and thriving design sector for all of New York City.


Official website here: www.nycxdesign.com

Is Nycxd Inc legitimate?

Nycxd Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nycxd 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: $324,706

For more financial information, click here


Official website here: www.nycxdesign.com

What is the mission statement of Nycxd Inc?

Nycxd Inc, an organization dedicated to the design sector, aims to support, empower, and foster growth within the city's diverse and talented design community. Their internationally renowned annual design festival, established in 2013, highlights the city's designers, manufacturers, and businesses, attracting over 300,000 visitors annually. The festival showcases events focused on design, innovation, creativity, culture, inclusivity, sustainability, and resilience, generating significant economic activity across the city. As a non-profit, Nycxd Inc also runs a year-round program promoting diversity, equitable opportunities, and inclusion within the design professions. They inspire young adults about design, encouraging them to become the city's designers of tomorrow.


Official website here: www.nycxdesign.com

Who is the CEO of Nycxd Inc?

Benjamin Prosky is the Chairperson of Nycxd Inc.


Official website here: www.nycxdesign.com

What is the revenue of Nycxd Inc?

Nycxd Inc's revenue in 2021 was $476,039.


Official website here: www.nycxdesign.com

Who are the executives of Nycxd Inc and what are their salaries?

The average compensation at Nycxd Inc during 2021 was $108,235. There are 3 employees and 2 volunteers at Nycxd Inc.


Here are 6 key members and their salaries:


Erica Holborn (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Prosky (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elan Cole (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amaechi Uzoigwe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ilene Shaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elissa Edgerton Black (Executive Director)
  • Compensation: $110,617
  • Related: $0
  • Other: $0


Official website here: www.nycxdesign.com

Where can I find the form 990 for Nycxd Inc?

Nycxd Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.nycxdesign.com

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

Mission Statement of Nycxd Inc

Nycxd Inc, with design at its core, is committed to nurturing, strengthening, and expanding New York City's thriving design sector. As a non-profit organization, its mission is threefold: supporting, empowering, and fostering growth within this diverse and talented community of designers, makers, manufacturers, and innovative businesses. Established in 2013, the internationally renowned annual Design Festival serves as a platform, showcasing the city's design prowess and attracting over 300,000 national and international visitors each year. These visitors are captivated by the myriad events focusing on design, innovation, creativity, culture, inclusivity, sustainability, and resilience, generating significant economic activity across the city's boroughs.

Beyond the annual festival, Nycxd Inc also runs a year-round program aimed at promoting diversity, equitable opportunities, and inclusion within the city's design professions. This initiative seeks to educate and inspire New York City's young adults, inspiring them to become the city's designers of tomorrow. By fostering a more inclusive and diverse design community, Nycxd Inc is not only enriching the city's creative landscape but also contributing to its future prosperity.

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Impact




July, 2024

Nycxd Inc's impact is significant in shaping and promoting New York City's design sector. Through its internationally renowned annual design festival and year-round programs, Nycxd Inc supports, empowers, and grows the city's immense talent and diversity in design. The organization attracts hundreds of thousands of visitors, generating substantial economic activity across the boroughs. Nycxd Inc also focuses on increasing diversity, equitable opportunity, and inclusion within the city's design professions, while educating young adults about design to inspire future generations of designers in the city. With its new executive leadership and recently granted tax-exempt status, Nycxd Inc is playing a key role in catalyzing a thriving design sector across all of New York City.




This information is meant to be a general summary of Nycxd 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
$476,039 (2021)
Expenses
$628,787 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $476,039

Assets and Liabilities:

  • Total Assets: $256,035
  • Total Liabilities: $229,509
  • Net Assets: $26,526

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Organization Details

Founding Year

2020

Principal Officer

Benjamin Prosky

Main Address

101 PARK AVENUE 4TH FLOOR, NEW YORK, NY, 10178

NTEE Category

Code: A00 - Arts

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