Chashama Inc

Overview

Mission

Since 1995, chashama has revitalized over 90 properties, providing invaluable opportunities to more than 12,000 artists. Chashama empowers artists at any stage of their career with affordable space to create and present. Chashama also brings vibrant, artistic programming to audiences of all ages and backgrounds by annually presenting over 130 free, public events to diverse neighborhoods throughout New York city. Chashamas workspace program provides low-cost artist studios in a professionally, supportive, creative environment. Our presentation program helps artists fully realize their creative visions through exhibition and performance space. With professional development workshops, visiting curator opportunities, and financial, logistical and marketing support, we invest in artists, increasing their prospects for success.

What it reported doing in 2024

Space to present provides free presentation spaces to performers, visual artists, and curators. In fy25 we provided 678 artists with the opportunity to present 266 events in professional, highly visible venues throughout New York. Our program nurtures excellence in the presentation of innovative, culturally diverse art and expands the publics access to quality artistic presentation.

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 90% of its reported program work directly.

Nonprofit profile at a glance

EIN
133862422
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Headquarters
New York, NY, USA
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Performing Arts Organizations

Official website

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 67
  • Accountability: 75
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.2%; rating input score 52
  • Program expense ratio: 50.6%; rating input score 51
  • Fundraising efficiency: $2.76 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 6th percentile among comparable filings
  • 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: 84.6%; rating input score 85; 17th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: -2.7%; rating input score 25; 25th percentile among comparable filings
  • Operating reserve ratio: 0.74; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.71; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: 10.2% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 8.4% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 13.4% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 52.2% of revenue deployed · 50.6% of spending went to programs
  • Governance: 11 of 13 board members independent · 5 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $1.2M in reported program spending
  • Leadership: top reported pay $54K · 13 people listed
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 9 annual filings from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.