Bowery Arts and Science Ltd
Overview
Mission
Encourage cooperation among and advancement of poets, performers, writers, producers, publishers and others engaged in artistic activities; to develop and produce works by emerging poets and performance on stage, television, film and other media; to conduct tours and hold exhibitions; to promote the study, improvement and advancement of the arts.
What it reported doing in 2024
Arrange for groups of poets to give performances/readings to schools, universities, nuyorican cafes & touring projects; to encourage cooperation among and advancement of poets, filmmakers, performers, writers, producers and others engaged in artistic activities; to develop and produce works by emerging poets and performers for performance on stage, television, film and other media; and to conduct tours and hold exhibitions to promote study, improvement and advancement of the arts.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 133859496
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Headquarters
- New York, NY, USA
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports that some governance safeguards are missing and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 26
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.7%; rating input score 95
- Program expense ratio: 72%; rating input score 72
- Fundraising efficiency: $413.07 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -31.5%; rating input score 9; 9th percentile among comparable filings
- Operating reserve ratio: 0.31; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -7.8% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -6.4% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -11.3% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 94.7% of revenue deployed · 72% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $107K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 12 annual filings from 2012 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.