2024-10-18T07:07:54-07:00 2023-12-31 823782880 Mary G Sormeley CPA 560 Day Ave Ridgefield NJ 07657 990 2023-01-01 133336695 NEW ART PUBLICATIONS INC NEWA 7186369100 80 HANSON PLACE 703 BROOKLYN NY 11217 Betsy Sussler Executive Director 2024-10-18 true true Mary G Sormeley P01469548 2018328922 X 2023 2024-10-15 13:58:12Z Betsy Sussler 80 HANSON PLACE 703 BROOKLYN NY 11217 3003783 false X www.bombsite.com X 1985 NY BOMB Magazine's mission is to deliver the artist's voice. We develop, publish, and preserve artist-generated material, spotlighting artists in conversation and offering unique insight into the creative process. 16 15 14 15 0 1326656 2243183 204993 182365 29505 32690 5008 3530 1566162 2461768 0 0 1121282 1097413 0 161471 1038271 1013725 2159553 2111138 -593391 350630 1700387 2043767 229127 113400 1471260 1930367 BOMB Magazine's mission is to deliver the artist's voice. We develop, publish, and preserve artist-generated material, spotlighting artists in conversation and offering unique insight into the creative process. false false 1765346 182365 BOMB publishes nearly 400 features every year, with a focus on interviews between artists and writers at all stages of their careers. We also publish new fiction and poetry, visual arts portfolios, and short and long-form essays on arts, performance, and literature. BOMBs programs include a quarterly print magazine, a daily online publication, an online archive of all previously published features, the Oral History Project, and FUSE: A BOMB Podcast. BOMB launched a new website in January 2024, which makes our 40+ year archive newly accessible through better design and curated content. BOMBs Oral History Project, which collects, documents, and preserves the stories of distinguished visual artists of the African Diaspora, has expanded to include the cities of New Orleans, Chicago, and Detroit. In 2024, BOMB refreshed its list of contributing editors, which now features 99 editors from across the United States, representing a broad range of disciplines, practices, career levels, and locations. BOMB reaches an audience of nearly one million readers annually. 1765346 true true false false false false false false false true true false false true true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 48 0 true 14 true false false false false false false false 0 false false false false false false false X 16 15 false false false false false false false true true false false true true true true true true true true false NY X X X ORGANIZATION 7186369100 80 HANSON PLACE 703 BROOKLYN NY 11217 Betsy Sussler Executive Dir. 40.00 0.00 X X 111799 0 6170 Thomas E Moore III Trustee 1.00 0.00 X 0 0 0 Jennifer Clifford Danner President 1.00 0.00 X X 0 0 0 Rosemary Carroll Co-Chair 2.00 0.00 X X 0 0 0 Melinda Hackett Trustee 1.00 0.00 X 0 0 0 Robert Dowling Trustee 1.00 0.00 X 0 0 0 Natalie Frank Trustee 1.00 0.00 X 0 0 0 David Humphrey Trustee 1.00 0.00 X 0 0 0 Rachel Lee Hovnanian Trustee 1.00 0.00 X 0 0 0 Heather M Johnson Secretary/Treas 2.00 0.00 X X 0 0 0 Eric Shiner Trustee 1.00 0.00 X 0 0 0 Adam McEwen Trustee 1.00 0.00 X 0 0 0 Lybess Sweezy Co-Chair 1.00 0.00 X X 0 0 0 Sally Ann Page Vice President 1.00 0.00 X X 0 0 0 Odili Donald Odita Trustee 1.00 0.00 X 0 0 0 Cary Brown-Epstein Trustee 1.00 0.00 X 0 0 0 111799 6170 1 false false false 0 871984 304062 1067137 2243183 Advertising 541800 112255 112255 Magazine sales & subscrip 511120 65024 65024 Reprints 511120 5086 5086 182365 46827 14123 32704 0 0 0 420314 434451 -14137 -14137 -14137 107564 871984 107564 0 0 0 Merchandise sales 511120 370 370 Miscellaneous 900099 3160 3160 3530 2461768 200018 18567 X 0 0 0 0 117969 99094 8258 10617 0 824659 704584 52533 67542 0 76748 64468 5372 6908 78037 66476 5058 6503 0 788 662 55 71 7000 7000 0 0 9725 9725 426953 348811 71852 6290 38254 38254 49932 41943 3495 4494 0 0 63411 53265 4439 5707 14586 14586 0 0 0 0 10185 8555 713 917 13210 11096 925 1189 Printing and Publications 148682 148682 Indirect benefit expenses 34393 34393 Merchant and bank service char 28099 23603 1967 2529 Postage and Shipping 26388 26388 142119 114879 12929 14311 2111138 1765346 184321 161471 148706 246653 71876 210 79610 454745 43816 15850 0 0 0 934 0 70791 76012 55207 46617 14574 8590 922610 880255 0 0 90100 152125 257370 209327 1700387 2043767 37239 37842 65487 46145 40000 86401 29413 229127 113400 X 260175 363889 1211085 1566478 1471260 1930367 1700387 2043767 350630 108477 X false true X false false X 1576249 1963833 2192516 1326656 2243183 9302437 190957 148297 227372 204993 182365 953984 0 0 0 1767206 2112130 2419888 1531649 2425548 10256421 239306 193600 294400 296000 371366 1394672 0 239306 193600 294400 296000 371366 1394672 8861749 14584 49996 39101 32004 32690 168375 0 14584 49996 39101 32004 32690 168375 0 1972 191 2189 5008 3530 12890 1783762 2162317 2461178 1568661 2461768 10437686 0.84900 0.87990 0.01610 0.01500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 909264 117319 40000 986583 1107248 -157984 40000 909264 1086339 17000 45835 41927 1107247 601118 409000 117928 41707 1086339 262500 338000 9302 8684 601118 1.00000 false false false 27164 23194 3970 28043 23423 4620 8590 Art held for sale 159393 Investment adj. Operating right of use asset 28729 Security deposit 12769 209327 Operating lease liability 29413 29413 X 2560520 108477 108477 2452043 9725 9725 2461768 2101413 2101413 9725 9725 2111138 Part III, Line 4: Description of organization's collections and how it furthers its purpose. To promote and support contemporary artists and writers by expanding public awareness and appreciation of their works. Part V, Line 4: Intended uses of the endowment fund. BOMBs endowment campaign, The Future Fund, was established to sustain BOMBs legacy and insure its continued success. For the first part of the campaign, we have asked artists and estates, who understand BOMBs importance, to initiate the campaign through substantial gifts of artworks, which will be sold privately or through public auctions. The funds from these sales will be used to build a multi-million dollar endowment to sustain BOMBs future. Twenty-four artists have committed. The proceeds from these generous lifetime gifts will be part of the endowment, the principal of which will stay intact, while its interest from investments will support BOMBs programming. The next phase of the Endowment campaign will include soliciting funds from Trustees, philanthropists and foundations. Part X : FIN48 Footnote New Art Publications, Inc. is a not-for-profit organization exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and has been designated as an organization that is not a private foundation. Management has evaluated all income tax positions and concluded that no disclosures relating to uncertain tax positions are required in the financial statements. X X X X X X X false NY Benefit income 748548 640984 107564 107564 Art Auction 231000 231000 979548 871984 107564 107564 107564 Form 990, Part VI, Section B, Line 11b Before the 990 is filed, it will be reviewed by the Organization's finance committee. Form 990, Part VI, Section B, Line 12c Through discussion with management. Form 990, Part VI, Section B, Line 15a Compensation of Executive Director and Officers is reviewed by board members. Form 990, Part VI, Section B, Line 15b Board verifies compensation based upon compensation in similar sized organizations and background and abilities of employees. Form 990, Part VI, Section C, Line 18 Financial statements are available for viewing through Guidestar and NY Attorney General's website. Governing documents and financial statements are available upon request from the Organization's office. Form 990, Part VI, Section C, Line 19 No documents available to the public.