Barat Foundation Inc
Nonprofit profile at a glance
- EIN
- 223509869
- IRS 990-EZ coverage
- 2010–2023
- Forms available
- Form 990 2014, Form 990-EZ 2023
- Location
- Newark, NJ, USA
- Phone
- 9735345314
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $107,957
- Expenses
- $137,925
- Assets
- $34,453
- Liabilities
- $49,400
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- KWAMARA THOMPSON (Board Chair)
- MELISSA SMITH (Board Chair)
- HOLLY STERN ESQ (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
"public art by the public": engaging youth and communities in the process of collaborative artistic creation, using the power of creative expression to promote healing and peace, supporting the civic ideals of inclusion, diversity, pride of place and the beautification of public space.
What it reported doing in 2023
Arts education, artist-in-residence programs, and DIY (do it yourself) at-home or in-school arts maker kits. Programs include: Animodule making, DIY Animodule maker kits, Maker Space, the Creation Nation Art & Peace Parade, and messages through murals.Animodule making: The Animodule is an original urban art form born in Newark, New Jersey, created by children and youth under the direction of professional artists. It is a three-dimensional "animated" "module" sculpture, formed by notching two flat planes together to create a third dimension. The Animodule curriculum is an interdisciplinary arts program including research, visual arts, language arts, and mathematics as students work together to create something larger than themselves, and building an enduring art piece that represents their community. Animodules, which as Newark's official peace ambassadors, travel throughout the region bring their message of art+peace+diversity = social justice, to festivals and special events. The Animodule program employs numerous local artists who have the opportunity to share their vision, passion and expertise with youth, while producing an impressive body of work. The Animodule curriculum is in relation to and in support of age and grade appropriate NJ core curriculum content standards for the arts. To date over 70 Animodules have been created in schools and community organizations.Some highlights: Despite challenging times, the foundation was able to create 3 new Animodules in accordance with strict COVID guidelines, in 3 Hudson County schools. The programs were so successful that the Barat Foundation was awarded a second grant to create an additional 3 Animodules in 3 additional Hudson County schools for the upcoming 2022-2023 academic year. In addition, two 8 foot aluminum Animodules were created in collaboration with CoLab Arts in New Brunswick, and have been permanently installed in Joyce Kilmer Park in New Brunswick where they are viewed by thousands of people each day. 6 Animodules were created with Hudson Cty plus another 2 scheduled for this year. Also an Animodule created for UCC - United Community Corp., on permanent display in a local park.Special events: Times Square - International Day of Peace NYC: Animodules, "agents of peace", arrive in Times Square to celebrate Earth Day and lend their support to Ukraine's struggle for freedom and peace. Animodule program for suicide prevention - Long Island, NY: We made a puppy Ani module for American Foundation for Suicide Prevention. We joined community event to raise awareness and funds for mental health education and suicide prevention efforts. Animodules at the Newark Airport: At the invitation of the Port Authority of New York/New Jersey, the Barat Foundation put in place an installation of student-created Animodule sculptures at the arrivals area at Terminal B of Newark Liberty International Airport. The exhibition, accompanied by signage and two videos running on a loop explaining the Animodule process, was first installed in January 2014 to greet dignitaries visiting New York/New Jersey for the Super Bowl. The exhibition has been so successful that the Port Authority requested that several Animodules remain at the airport indefinitely, and continue to welcome over 500,000 visitors to the New Jersey/New York region annually.DIY Animodule maker kits: The COVID-19 pandemic forced us to dramatically pivot our programming to adapt to the challenge of reaching our target audience without being physically present on site. In response to the pandemic and the mass closing of schools, we developed a DIY STEAM Animodule maker kit to reach our target population of urban middle school teens who were and still are working from home in front of computer screens for hours on end. Using the power of art to address trauma, build self-esteem, and promote creative solutions, our DIY kit is based on national STEAM thematic curriculum standards. The project includes the development and testing of DI
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 17
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -27.8%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 1.43; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -3.4% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -4.1% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $124K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2010 to 2023
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.