Nonprofit · EIN 11-3071458
BROOKLYN ARTS EXCHANGE INC
Tax-exempt · BROOKLYN, NY 11215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,908,426 | $2,150,347 | -$241,921 | $4,746,891 | $3,477,724 | $1,269,167 |
| June 30, 2024 | 990 | $2,310,787 | $2,343,444 | -$32,657 | $4,416,041 | $2,904,953 | $1,511,088 |
| June 30, 2023 | 990 | $2,741,188 | $1,847,712 | $893,476 | $4,495,296 | $2,951,551 | $1,543,745 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,054,239
- of which government grants
- $246,905
- Program service revenue
- $583,133
- Investment income
- $15,729
- Net rental income
- $254,442
- Net income from fundraising events
- -$5,214
- Other revenue
- $255,325
Expenses
- Grants and similar amounts paid
- $78,292
- Compensation of officers, directors and key employees
- $305,262
- Other salaries and wages
- $730,328
- Salaries, compensation and benefits (total)
- $1,177,405
- Professional fundraising fees
- $0
- Accounting fees
- $14,159
- Occupancy
- $425,495
- Travel
- $7,843
- Depreciation
- $34,501
- Program services (functional)
- $1,855,951
- Management and general (functional)
- $223,857
- Fundraising (functional)
- $70,539
Balance sheet and other
- Total assets, start of year
- $4,416,041
- Total assets, end of year
- $4,746,891
- Total liabilities, end of year
- $3,477,724
- Net assets, end of year
- $1,269,167
- Land, buildings and equipment
- $657,025
- Net assets without donor restrictions
- $841,167
- Net assets with donor restrictions
- $428,000
- Gross receipts
- $1,916,265
- Employees
- 62
- Volunteers
- 8
- Year formed
- 1991
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VANESSA ADATO | CO-EXECUTIVE DIRECTOR, FINANCE & OPERATIONS (SINCE 10/1/2024) Officer | 40 | $91,749 | $15,550 |
| LUCIA SCHECKNER | CO-EXECUTIVE DIRECTOR, EDUCATION Officer | 40 | $100,754 | $0 |
| MARLENE RAMIREZ-CANCIO | CO-EXECUTIVE DIRECTOR/ARTISTIC DIRECTOR (SINCE 10/1/2024) Officer | 40 | $95,816 | $3,200 |
| GEORGE EMILIO SANCHEZ | BOARD MEMBER (EX-OFFICIO) Trustee or director | 1 | $12,000 | $0 |
| RAINE MARTIN | CO-CHAIR/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LESLIE WEBER | CO-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| AMY SUMNER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| REBECCA CARDWELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JANE HOLZKA PHD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VICTOR M BROWN | BOARD MEMBER (RESIGNED JUNE 2025) Trustee or director | 1 | $0 | $0 |
| OLIVER FEIN MD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIMENA MARTINEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SARA PALMER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARIANA VALENCIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ZOHREH AHMAD AIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAIA WECHSLER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KARA GILMOUR | EXECUTIVE DIRECTOR (RESIGNED 9/30/2024) Officer | 40 | $100,885 | $14,000 |
| VANESSA ADATO | CO-EXECUTIVE DIRECTOR, FINANCE & OPERATIONS (SINCE 10/1/2024) Officer | 40 | $89,612 | $14,000 |
| GEORGE EMILIO SANCHEZ | BOARD MEMBER (EX OFFICIO) Trustee or director | 1 | $5,000 | $0 |
| LESLIE WEBER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RAINE MARTIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AMY SUMNER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JANE HOLZKA PHD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SARA PALMER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VICTOR M BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIMENA MARTINEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OLIVER FEIN MD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARIANA VALENCIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ZOHREH AHMAD AIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MAIA WECHSLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REBECCA CARDWELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KARA GILMOUR | EXECUTIVE DIRECTOR Officer | 40 | $101,362 | $14,350 |
| VANESSA ADATO | SENIOR DIRECTOR OF FINANCE & ADMINISTRATION Officer | 40 | $70,159 | $14,350 |
| GEORGE EMILIO SANCHEZ | CHAIR Trustee or director, Officer | 1 | $10,000 | $0 |
| LESLIE WEBER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AMY SUMNER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JANE HOLZKA PHD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SARA PALMER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VICTOR M BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIMENA MARTINEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OLIVER FEIN MD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RAINE MARTIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ZOHREH AHMAD AIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 421 5TH AVE, BROOKLYN, NY 11215-3315
- Principal officer (990 for 2024)
- VANESSA ADATO, SAME AS C ABOVE, BROOKLYN, NY 11215
- Signed the 990
- VANESSA ADATO, CO-EXECUTIVE DIRECTOR, FINANCE & OP
- Phone
- (718) 832-0018
- Website
- WWW.BAX.ORG
- Return prepared by
- RICH AND BANDER LLP
Mission
BAX/BROOKLYN ARTS EXCHANGE IS A MULTIGENERATIONAL ARTS ORGANIZATION NURTURING CREATIVE EXPRESSION AND ARTISTIC PROCESS THROUGH EDUCATION, RESIDENCIES, AND PERFORMANCE AT THE INTERSECTION OF ARTS AND SOCIAL JUSTICE.
Program accomplishments
- BAX SUPPORTS THE CREATION OF NEW WORK BY EMERGING ARTISTS, CULTIVATES MULTI-GENERATIONAL AUDIENCES, AND PROVIDES ACCESSIBLE, INTERACTIVE ARTS PROGRAMMING AND PUBLIC SCHOOL RESIDENCIES TO SERVE NEARLY 10,000 NEW YORK CITY COMMUNITY MEMBERS ANNUALLY.Expenses $1,855,951 · grants $78,292 · revenue $583,133
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3071458
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A60Z)
- Assets (IRS master file)
- $4,746,891
- Income (IRS master file)
- $1,916,265
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,908,426 | $2,150,347 | $4,746,891 | XML |
| 990 | June 2024 | $2,310,787 | $2,343,444 | $4,416,041 | XML |
| 990 | June 2023 | $2,741,188 | $1,847,712 | $4,495,296 | XML |
| 990 | June 2022 | $2,331,086 | $1,682,182 | $1,051,450 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3071458).
Questions about BROOKLYN ARTS EXCHANGE INC
- What is the EIN of BROOKLYN ARTS EXCHANGE INC?
- The employer identification number (EIN) of BROOKLYN ARTS EXCHANGE INC is 11-3071458.
- Is BROOKLYN ARTS EXCHANGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to BROOKLYN ARTS EXCHANGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BROOKLYN ARTS EXCHANGE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BROOKLYN ARTS EXCHANGE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BROOKLYN ARTS EXCHANGE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BROOKLYN ARTS EXCHANGE INC?
- The 990 for the year ended June 30, 2025 names VANESSA ADATO.
- Who are the officers and directors of BROOKLYN ARTS EXCHANGE INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 4 received compensation from the organization, the highest $91,749 (VANESSA ADATO, CO-EXECUTIVE DIRECTOR, FINANCE & OPERATIONS (SINCE 10/1/2024)).
- How much revenue does BROOKLYN ARTS EXCHANGE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,908,426, expenses of $2,150,347 and total assets of $4,746,891 at year end.
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- BRIC ARTS MEDIA BKLYN INC EIN 11-2547268 · last filed 990 for 2025
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- THE BROOKLYN QUEENS CONSERVATORY OF MUSIC EIN 11-1532426 · last filed 990 for 2025
- BROOKLYN CHILDRENS MUSEUM CORP EIN 11-2495664 · last filed 990 for 2025
- PIONEER WORKS ART FOUNDATION EIN 46-1097738 · last filed 990 for 2024
- DISCALCED INC EIN 13-3577394 · last filed 990 for 2025
All nonprofits in BROOKLYN · New York · Arts, culture and humanities