Harlem Arts Foundation

Nonprofit profile at a glance

EIN
472841871
IRS 990-EZ coverage
2015–2020
Forms available
Form 990-EZ 2020
Location
New York, NY, USA
Phone
2129962720
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$7,109
Expenses
$5,664
Assets
$3,405
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Edward Hillel (President)

People named in this filing

  • Edward Hillel (President)
  • Aissatou BeyGrecia (Board Member)
  • Shelley Hubert (treasurer)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Harlem Art''s Foundation''s Mission Is To Showcase And Preserve Harlem''s Tradition Of Rich Culture And Community By Working With Our Local Partners To Strategically Shape The Physical And Social Opportunities Of Our Neighborhood Around The Arts. Through The Harlem Bienniale, The Harlem Arts Foundation Animates Public And Private Spaces, Rejuvenates Structures And Streetscapes, Enhances Local Businesses And Brings Diverse People Together To Find Delight And New Meaning In The Arts. Our Projects Involve Local Residents, Center On Local Capacity Building And Provide Alternative References For Inspiration.

What it reported doing in 2020

The current negative rhetoric about immigrants in the United States and globally has raised the urgency and potential of The (G)eneration Project to be a catalyst for an inclusive conversation encouraging us to recognize that we are ALL immigrants, in order to see ourselves in each other, and each other in ourselves. In 2020, The (G) Project set up several pop-up art displays throughout NYC, inviting people to share their immigration story. HAF is in collaboration with the Art Crawl Harlem, and gearing up for a summer 2021 exhibit housed at Governors Island.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.7%; rating input score 80
  • Program expense ratio: 100%; rating input score 100

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: 20.3%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 57.1% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 27.3% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 40.4% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 79.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2015 to 2020
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.