Nonprofit · EIN 99-1162450
BROOKLYN EXPERIMENTAL ART FOUNDATION INC
Tax-exempt · BROOKLYN, NY 11215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $17,500 | $30,879 | -$13,379 | -$2,945 | $10,434 | -$13,379 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $17,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $11,000
- Salaries, compensation and benefits (total)
- $11,000
- Professional fundraising fees
- $0
- Legal fees
- $275
- Program services (functional)
- $30,879
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- -$2,945
- Total liabilities, end of year
- $10,434
- Net assets, end of year
- -$13,379
- Gross receipts
- $17,500
- Employees
- 0
- Volunteers
- 1
- Year formed
- 2024
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MASAKO SHIBA | PRESIDENT Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 437 5TH AVE APT 2, BROOKLYN, NY 11215-4028
- Mailing address (990-N for 2025)
- 437 5TH AVE, BROOKLYN NY 11215
- Principal officer (990 for 2024)
- MASAKO SHIBA, 437 5TH AVE, BROOKLYN, NY 11215
- Principal officer (990-N for 2025)
- MASAKO SHIBA, 437 5TH AVE, BROOKLYN NY 11215
- Signed the 990
- MASAKO SHIBA, PRESIDENT
- Phone
- (773) 764-4400
- Website
- https://www.beaf.art/home
- Return prepared by
- BASCO Chicago Accounting Prof LLC
Mission
Brooklyn Experimental Arts Foundation (BEAF) is a New York based nonprofit organization dedicated to fostering cultural exchange and supporting new forms of creative practice. Expenses reflect program and administrative costs related to BEAFs residency and exhibition activties.
Program accomplishments
- Brooklyn Experimental Arts Foundation (BEAF) is a New York based nonprofit organization dedicated to fostering cultural exchange and supporting new forms of creative practice. Expenses reflect program and administrative costs related to BEAFs residency and exhibition activties.Expenses $30,879 · revenue $17,500
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-1162450
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $2,945
- Income (IRS master file)
- $17,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: MASAKO SHIBA | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2024 | $17,500 | $30,879 | -$2,945 | XML |
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 99-1162450).
Questions about BROOKLYN EXPERIMENTAL ART FOUNDATION INC
- What is the EIN of BROOKLYN EXPERIMENTAL ART FOUNDATION INC?
- The employer identification number (EIN) of BROOKLYN EXPERIMENTAL ART FOUNDATION INC is 99-1162450.
- Is BROOKLYN EXPERIMENTAL ART FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to BROOKLYN EXPERIMENTAL ART FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BROOKLYN EXPERIMENTAL ART FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BROOKLYN EXPERIMENTAL ART 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 BROOKLYN EXPERIMENTAL ART FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of BROOKLYN EXPERIMENTAL ART FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MASAKO SHIBA.
- Who are the officers and directors of BROOKLYN EXPERIMENTAL ART FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does BROOKLYN EXPERIMENTAL ART FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $17,500, expenses of $30,879 and total assets of -$2,945 at year end.
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