Nonprofit · EIN 83-3984300
ELM FOUNDATION INC
Tax-exempt · BROOKLYN, NY 11249
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $433,014 | $425,118 | $7,896 | $8,702 | $0 | $8,702 |
| December 31, 2024 | 990 | $374,361 | $401,103 | -$26,742 | $806 | $0 | $806 |
| December 31, 2023 | 990-EZ | $199,358 | $191,519 | $7,839 | $114,652 | – | $114,652 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $433,014
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $85,595
- Salaries, compensation and benefits (total)
- $95,000
- Professional fundraising fees
- $0
- Occupancy
- $303,621
- Program services (functional)
- $155,850
- Management and general (functional)
- $269,268
Balance sheet and other
- Total assets, start of year
- $806
- Total assets, end of year
- $8,702
- Total liabilities, end of year
- $0
- Net assets, end of year
- $8,702
- Gross receipts
- $433,014
- Employees
- 5
- Volunteers
- 57
- Year formed
- 2019
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELINDA MCCOY | DIRECTOR Trustee or director, Officer | 40 | $0 |
| PAUL EISENBERG | TREASURER Officer | 20 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELINDA MCCOY | DIRECTOR Trustee or director, Officer | 40 | $0 |
| PAUL EISENBERG | TREASURER Officer | 20 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELINDA MCCOY | DIRECTOR | 50 | $0 |
| PAUL EISENBERG | EDUCATION DIRECTOR | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 191 N 14TH ST, BROOKLYN, NY 11249-1011
- Mailing address (990-N for 2020)
- 191 North 14th Street, Brooklyn NY 11249
- Principal officer (990 for 2025)
- PAUL EISENBERG, 195 NORTH 14TH STREET, BROOKLYN, NY 11249
- Principal officer (990-N for 2020)
- Paul Eisenberg, 191 North 14th Street, Brooklyn NY 11249
- Signed the 990
- PAUL EISENBERG, TREASURER
- Phone
- (917) 204-7129
- Return prepared by
- JRP CPA PLLC
Mission
PROMOTE THE HEALING POWER OF THE ARTS. THROUGH ART THERPAY ADVOCACY, MULTIDISCIPLINARY ARTS EDUCATION, AND MENTORSHIPS CONNECTING PROFESSTIONAL ARTISTS WITH YOUTH.
Program accomplishments
- Education: Throughout the year, ELM offers free after-school arts classes in 8-week sessions 4 times a year, impacting approximately 150 children annually in our community. ELM Foundation is committed to providing accessible, free art education programs for youth in our community. By filling the gaps in socio-economic needs, we provide a third of our students with their only access to structured arts education. Beyond making art education financially accessible, another goal is to address educational gaps in art within public schools and meet community needs. Sixty-three percent of parents rate current offerings as mediocre or non-existent, underscoring the urgent need for supplemental arts programs. Additionally, 27% participate to expand their childs interests in the arts, demonstrating the broader impact of our initiatives on childrens educationl and personal development.Expenses $85,718
- Gallery: The Boiler, ELM Foundations gallery and exhibition space, provides equitable access for artists and promotes diversity in contemporary and community arts programming. Serving as a vibrant hub for creativity and mentorship. The Boiler supports both emerging and established artists while engaging the broader community through exhibitions, youth programs, and partnerships. In 2024, we hosted five professional and two high school exhibitions, welcoming over 1,000 visitors. These shows included four youth workshops serving more than 200 participants, offering hands-om experiences with exhibiting artists. Collaboration is central to our mission-The Boiler partnered with three nonprofit organizations to help them achieve their goals, reaching an additional 450 attendees. Art gallery programs incorporate mentorship, inspiring youth to see art as a viable career path and connecting them with creative professionals who encourage their continued artistic and educational growth.Expenses $38,962
- Community: ELM aims to be a cornerstone of support and unity in the community, focusing on nurturing creatives, children, and families through inclusive initiatives. Our cherished annual free events, like our Halloween party BOO BASH, Pride Fair, and Birthday celebration, demonstrate community solidarity, supported by families, volunteers, and local sponsors. Our events offer families a place to gather and experience artistic creativity, promoting unity together and within their community. These events also allow locally owned businesses to show their support, thereby fostering the growth and vibrancy of our neighborhood. In 2024, 16 local businesses supported our efforts, providing approximately 500 family members with the opportunity to participate in these free activities.Expenses $31,170
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 83-3984300
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A90)
- Assets (IRS master file)
- $8,702
- Income (IRS master file)
- $433,014
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $433,014 | $425,118 | $8,702 | XML |
| 990 | December 2024 | $374,361 | $401,103 | $806 | IRS |
| 990-EZ | December 2023 | $199,358 | $191,519 | $114,652 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Paul Eisenberg | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Melinda McCoy | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 ELM FOUNDATION INC
- What is the EIN of ELM FOUNDATION INC?
- The employer identification number (EIN) of ELM FOUNDATION INC is 83-3984300.
- Is ELM FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to ELM FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELM FOUNDATION 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 ELM FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ELM FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ELM FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names PAUL EISENBERG.
- Who are the officers and directors of ELM FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does ELM FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $433,014, expenses of $425,118 and total assets of $8,702 at year end.
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