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Nonprofit · EIN 47-3931963

ID ART CENTER INC

Tax-exempt · BROOKLYN, NY 11201

Financials

$918K$806K2024
Revenue Expenses · by fiscal year end
Financials of ID ART CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$918,255$805,913$112,342$296,507$16,989$279,518
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$305,107
Program service revenue
$612,981
Investment income
$0
Other revenue
$167

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$66,450
Other salaries and wages
$39,745
Salaries, compensation and benefits (total)
$114,881
Professional fundraising fees
$0
Accounting fees
$8,195
Occupancy
$532,134
Travel
$14,568
Depreciation
$4,654
Program services (functional)
$654,602
Management and general (functional)
$118,244
Fundraising (functional)
$33,067

Balance sheet and other

Total assets, start of year
$264,010
Total assets, end of year
$296,507
Total liabilities, end of year
$16,989
Net assets, end of year
$279,518
Land, buildings and equipment
$36,564
Net assets without donor restrictions
$279,518
Gross receipts
$918,255
Employees
2
Year formed
2015
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LUCIEN ZAYANEXECUTIVE DIRECTOR
Trustee or director
50$66,450
RIMA ABDUL MALAKDIRECTOR
Trustee or director
4$0
HUGHES DE SAINT SIMONDIRECTOR
Trustee or director
4$0
VINCENT SAMADIRECTOR
Trustee or director
4$0
RISA SHOUPPRESIDENTTREASURER
Officer
4$0
GISELA BLANCSECRETARY
Officer
4$0

Address and contacts

Address (IRS master file)
51 BERGEN ST, BROOKLYN, NY 11201-6336
In care of
% LUCIEN ZAYAN
Principal officer (990 for 2024)
RISA SHOUP, 57 BERGEN STREET, NEW YORK, NY 11201
Signed the 990
LUCIEN ZAYAN, EXECUTIVE DIRECTOR
Phone
(347) 560-3641
Return prepared by
REIMER & FREEMAN CPAS PC

Mission

TO PROVIDE INCREASED ACCESS TO AFFORDABLE CULTURAL PROGRAMMING FOR THE BROOKLYN COMMUNITY AND THE PUBLIC AT LARGE AND TO PROVIDE A COLLECTIVE, IMMERSIVE COMMUNITY FOR ARTISTS TO CREATE, COLLABORATE, DISPLAY AND SELL THEIR ARTWORK.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024, THE ID ART CENTER PRODUCED TWO EXCITING SEASONS (15 AND 16). THERE WERE OVER 40 EVENTS AND EXHIBITS PRODUCED AND PRESENTED AT THE ID CENTER LAST YEAR. SEE SCHEDULE O FOR THE COMPLETE LIST.
    Expenses $654,602 · revenue $612,980

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-3931963
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$296,507
Income (IRS master file)
$918,255

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$876,737$845,381$264,010IRS
990December 2022$702,209$733,827$193,587IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about ID ART CENTER INC

What is the EIN of ID ART CENTER INC?
The employer identification number (EIN) of ID ART CENTER INC is 47-3931963.
Is ID ART CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to ID ART CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ID ART CENTER 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 ID ART CENTER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ID ART CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ID ART CENTER INC?
The 990 for the year ended December 31, 2024 names RISA SHOUP.
Who are the officers and directors of ID ART CENTER INC?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $66,450 (LUCIEN ZAYAN, EXECUTIVE DIRECTOR).
How much revenue does ID ART CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $918,255, expenses of $805,913 and total assets of $296,507 at year end.

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