Bidoun Projects Inc
Nonprofit profile at a glance
- EIN
- 272832354
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Brooklyn, NY, USA
- Phone
- 2124750123
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $990,695
- Expenses
- $305,673
- Assets
- $722,085
- Liabilities
- $3,857
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Highest reported compensation
- NEGAR AZIMI (SECRETARY/SENIOR EDITOR): $61,632 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bidoun projects is a publishing and curatorial initiative whose aim is to present new and unexpected ideas about middle eastern arts and culture. Bidoun produces an avant-garde magazine that combines elements of an art magazine and literary journal(con't on schedule o) it is circulated to approximately 4,500 individuals and institutions, and more than 23,000 readers view the material via our website, newsletters and social media feeds. Our contributors include artists, writers, activists, filmmakers and entrepreneurs from across the globe and our curatorial activities take form as exhibitions, film screenings, lectures and book launches.
What it reported doing in 2024
Bidoun.orgbidoun.org is the comprehensive archival website and publishing platform for bidoun magazine. Comprised of 6,039 images, 1,071 articles, 512 authors and 29 issues, bidoun.org presents 10 years of the print magazine in a digital archive made available online for free. In addition, newly commissioned long-form articles, translations, and artist projects were published on the platform throughout the calendar year on a monthly basis reaching over 23,000 unique viewers online and over 26,000 followers on social media.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 63% for direct work, and 37% for grants.
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 83
- Accountability: 64
- Sustainability: 76
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.2%; rating input score 18
- Program expense ratio: 59%; rating input score 59
- Fundraising efficiency: $33.92 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 3 of 8 controls in place; rating input score 38
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Pass
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90.9%; rating input score 91; 23rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 69.1%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 2.36; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 20.2%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: 11.8% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 17.1% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 18.2% of revenue deployed · 59% of spending went to programs
- Governance: 10 of 11 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $180K in reported program spending
- Leadership: top reported pay $62K · 11 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 5 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Financial Efficiency: Mission deployment rate scored 18/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 15/100.