Nonprofit · EIN 90-0776487
PESVEBI INC
Tax-exempt (reinstated) · BROOKLYN, NY 11204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $507,209 | $507,516 | -$307 | $42,894 | $120 | $42,774 |
| December 31, 2024 | 990 | $412,518 | $438,013 | -$25,495 | $43,014 | $0 | $43,014 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $112,343
- of which government grants
- $64,500
- Program service revenue
- $394,021
- Investment income
- $0
- Other revenue
- $845
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $10,001
- Salaries, compensation and benefits (total)
- $10,001
- Professional fundraising fees
- $0
- Accounting fees
- $8,135
- Occupancy
- $223,525
- Travel
- $63,665
- Depreciation
- $1,067
- Program services (functional)
- $437,805
- Management and general (functional)
- $47,393
- Fundraising (functional)
- $22,318
Balance sheet and other
- Total assets, start of year
- $43,014
- Total assets, end of year
- $42,894
- Total liabilities, end of year
- $120
- Net assets, end of year
- $42,774
- Land, buildings and equipment
- $39,000
- Net assets without donor restrictions
- $42,774
- Gross receipts
- $507,209
- Employees
- 0
- Volunteers
- 14
- Year formed
- 2013
- 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 |
|---|---|---|---|
| SHORENA BARBAKADZE | PRESIDENT Trustee or director, Officer | 40 | $10,001 |
| VICTORIYA DZHAVAKHISHVILI | SECRETARY Trustee or director, Officer | 2 | $0 |
| NINO MAGALI | VP Trustee or director, Officer | 5 | $0 |
| LEVAN NAMITCHEISHVILI | TREASURER Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHORENA BARBAKADZE | PRESIDENT Trustee or director, Officer | 40 | $2,800 |
| VICTORIYA DZHAVAKHISHVILI | SECRETARY Trustee or director, Officer | 2 | $0 |
| NINO MAGALI | VP Trustee or director, Officer | 5 | $0 |
| LEVAN NAMITCHEISHVILI | TREASURER Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 70 AVENUE O, BROOKLYN, NY 11204-6448
- Principal officer (990 for 2025)
- SHORENA BARBAKADZE, 70 AVENUE 0, BROOKLYN, NY 11204
- Signed the 990
- SHORENA BARBAKADZE, PRESIDENT
- Phone
- (718) 954-6880
- Website
- HTTPS://WWW.PESVEBINY.ORG
- Return prepared by
- PROTAX
Mission
WE ARE DEDICATED TO PRESERVING THE VIBRANT GEORGIAN PERFORMING ARTS AND CULTURAL HERITAGE BY TRAINING CHILDREN AND YOUNG ADULTS, NURTURING THEIR TALENTS, AND SHARING THE WISDOM OF FOLK DANCE AND SONG. WE ALSO SUPPORT THE GEORGIAN IMMIGRANT COMMUNITY THROUGH CULTURAL PROGRAMMING AND EDUCATIONAL OUTREACH.
Program accomplishments
- IN 2025, THE ORGANIZATION PROVIDED CLASSES IN TRADITIONAL GEORGIAN DANCE AND SONG TO CHILDREN AND YOUNG ADULTS. THROUGH CONSISTENT TRAINING, THE ORGANIZATION HELPED PRESERVE FOLK TRADITIONS AND DEVELOP TALENT WITHIN THE GEORGIAN-AMERICAN COMMUNITY.Expenses $255,370 · revenue $331,713
- THE ORGANIZATION HOSTED CULTURAL FESTIVALS AND PERFORMANCES THAT SHOWCASED GEORGIAN HERITAGE TO THE BROADER COMMUNITY. THESE EVENTS CELEBRATED GEORGIAN MUSIC, DANCE, AND CUISINE WHILE FOSTERING AWARENESS AND CULTURAL PRIDE.Expenses $181,368 · revenue $62,308
- N/A
- MISC PROGRAMINGExpenses $1,067
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 on file |
IRS record
- EIN
- 90-0776487
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $42,894
- Income (IRS master file)
- $507,209
Revocation and reinstatement
- Exemption revoked
- December 15, 2015
- Posted by the IRS
- April 11, 2016
- Reinstated
- Effective December 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $507,209 | $507,516 | $42,894 | IRS |
| 990 | December 2024 | $412,518 | $438,013 | $43,014 | XML |
| 990 | December 2023 | $272,611 | $248,062 | $0 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | 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 PESVEBI INC
- What is the EIN of PESVEBI INC?
- The employer identification number (EIN) of PESVEBI INC is 90-0776487.
- Is PESVEBI INC tax-exempt?
- Yes. The IRS revoked its exemption on December 15, 2015 and reinstated it effective December 15, 2015.
- Are donations to PESVEBI INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PESVEBI 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 PESVEBI 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 PESVEBI 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 PESVEBI INC?
- The 990 for the year ended December 31, 2025 names SHORENA BARBAKADZE.
- Who are the officers and directors of PESVEBI INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $10,001 (SHORENA BARBAKADZE, PRESIDENT).
- How much revenue does PESVEBI INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $507,209, expenses of $507,516 and total assets of $42,894 at year end.
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