Nonprofit · EIN 15-0625350
CNY ARTS INC
Tax-exempt · SYRACUSE, NY 13202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,493,002 | $3,390,079 | $102,923 | $2,101,838 | $643,457 | $1,458,381 |
| June 30, 2024 | 990 | $4,441,238 | $4,298,282 | $142,956 | $2,077,415 | $721,957 | $1,355,458 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,316,934
- of which government grants
- $3,246,366
- Program service revenue
- $26,214
- Investment income
- $149,854
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,644,093
- Other salaries and wages
- $474,133
- Salaries, compensation and benefits (total)
- $599,730
- Professional fundraising fees
- $0
- Accounting fees
- $12,000
- Occupancy
- $30,185
- Depreciation
- $6,821
- Program services (functional)
- $3,127,102
- Management and general (functional)
- $219,763
- Fundraising (functional)
- $43,214
Balance sheet and other
- Total assets, start of year
- $2,077,415
- Total assets, end of year
- $2,101,838
- Total liabilities, end of year
- $643,457
- Net assets, end of year
- $1,458,381
- Land, buildings and equipment
- $47,878
- Publicly traded securities
- $1,328,623
- Net assets without donor restrictions
- $845,013
- Net assets with donor restrictions
- $613,368
- Gross receipts
- $3,493,002
- Employees
- 15
- Volunteers
- 0
- Year formed
- 1957
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alexander Korman | Executive Director Officer | 40 | $67,050 |
| Rita Paniagua | President Trustee or director | 3 | $0 |
| Carol Dumka | Vice President Trustee or director | 1 | $0 |
| Carmen Sonia Martinez | Board Secretary Trustee or director | 1 | $0 |
| Nicholas Shires CPA | Board Treasurer Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Butler | Executive Director Officer | 40 | $106,740 |
| Rita Paniagua | President Trustee or director | 3 | $0 |
| Anastasia Urtz | Vice President Trustee or director | 1 | $0 |
| Carmen Sonia Martinez | Board Secretary Trustee or director | 1 | $0 |
| Nicholas Shires CPA | Board Treasurer Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 421 MONTGOMERY ST, SYRACUSE, NY 13202-2923
- Principal officer (990 for 2024)
- Alexander Korman, 433 Montgomery St, Syracuse, NY 13202
- Signed the 990
- Alexander Korman, Executive Director
- Phone
- (315) 435-2125
- Website
- www.cnyarts.org
- Return prepared by
- Evans and Bennett LLP
Mission
CNY Arts' mission is to promote, support, and celebrate arts and culture in Central New York.
Program accomplishments
- Onondaga County Grants -administering Onondaga County grantprogram to local arts and cultural organizationsExpenses $2,496,382 · grants $2,308,595
- New York State Arts Council on the Arts Regional Regranting: program and local artist assistence.The program's goals are to serve the broadest population possible and increase opportunity for under-served communities and areas through arts to rural areas, small arts organizations, schools individual artist driven projects, ethnic specific cultural groups and economically challengedareas(including those in the inner-city).It also provides technicalassistence to local artists and state-wide arts organizationsExpenses $293,459 · grants $262,876
- Expenses $337,261 · grants $72,622 · revenue $176,068
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 15-0625350
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1961
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A260)
- Assets (IRS master file)
- $2,101,838
- Income (IRS master file)
- $3,493,002
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,493,002 | $3,390,079 | $2,101,838 | XML |
| 990 | June 2024 | $4,441,238 | $4,298,282 | $2,077,415 | XML |
| 990 | June 2023 | $5,614,573 | $5,478,957 | $2,290,782 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 15-0625350).
Questions about CNY ARTS INC
- What is the EIN of CNY ARTS INC?
- The employer identification number (EIN) of CNY ARTS INC is 15-0625350.
- Is CNY ARTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
- Are donations to CNY ARTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CNY ARTS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CNY ARTS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CNY ARTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CNY ARTS INC?
- The 990 for the year ended June 30, 2025 names Alexander Korman.
- Who are the officers and directors of CNY ARTS INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $67,050 (Alexander Korman, Executive Director).
- How much revenue does CNY ARTS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,493,002, expenses of $3,390,079 and total assets of $2,101,838 at year end.
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