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Nonprofit · EIN 99-3707259

KALEIDOSCOPE DREAMS FOUNDATION INC

Tax-exempt · NEW YORK, NY 10019

Financials

$416K$143K2024
Revenue Expenses · by fiscal year end
Financials of KALEIDOSCOPE DREAMS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$415,843$142,579$273,264$294,054$20,790$273,264
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$415,843
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$750
Salaries, compensation and benefits (total)
$1,174
Professional fundraising fees
$0
Legal fees
$17,156
Accounting fees
$780
Occupancy
$161
Program services (functional)
$79,401
Management and general (functional)
$63,178

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$294,054
Total liabilities, end of year
$20,790
Net assets, end of year
$273,264
Net assets without donor restrictions
$273,264
Gross receipts
$415,843
Employees
3
Volunteers
9
Year formed
2024
State of legal domicile
DE

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
AARON LUSTBADERCO-VICE CHAIR
Trustee or director, Officer
1$0
ALICIA DEANCHAIR
Trustee or director, Officer
1$0
COLE COOKBOARD MEMBER
Trustee or director
1$0
DEEKSHA GAURTREASURER
Trustee or director, Officer
1$0
DEVON MILLERBOARD MEMBER
Trustee or director
1$0
JOE BENINCASABOARD MEMBER
Trustee or director
1$0
NICOLE JOHNSONCO-VICE CHAIR
Trustee or director, Officer
1$0
STEVE CHAZAROSECRETARY
Trustee or director, Officer
1$0
VICTORIA DETRESBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1675 BROADWAY STE 1600, NEW YORK, NY 10019-5888
Principal officer (990 for 2024)
ASAD ALI JAFRI, 1650 BROADWAY STE 800, NEW YORK, NY 10019
Signed the 990
ASAD ALI JAFRI, EXECUTIVE DIRECTOR
Phone
(212) 912-9770
Return prepared by
CBIZ ADVISORS LLC

Mission

KALEIDOSCOPE DREAMS FOUNDATION, INC. IS DEDICATED TO INCREASING ACCESS TO THE PERFORMING ARTS THROUGH FREE AND AFFORDABLE TICKET PROGRAMS, AS WELL AS OUTREACH INITIATIVES THAT FOSTER INCLUSIVE REPRESENTATION AND REDUCE BARRIERS FOR DIVERSE AUDIENCES.

990 for the year ended December 31, 2024

Program accomplishments

  • CULTURAL ACCESS, WHICH PROVIDES FREE TICKETS TO BROADWAY SHOWS AND THEATER PRODUCTIONS FOR INDIVIDUALS FROM UNDERSERVED COMMUNITIES, AS WELL AS OTHER CULTURAL EXPERIENCES ACROSS THE ARTS.
    Expenses $72,861
  • EDUCATIONAL ENRICHMENT THROUGH SCHOOL AND COMMUNITY-BASED CLASSES IN UNDERSERVED COMMUNITIES. THIS PROGRAM PARTNERS WITH SCHOOLS AND NON-PROFIT ARTS ORGANIZATIONS. IT INCLUDES SPECIALIZED CURRICULUM AS WELL AS CLASSES TAUGHT BY TEACHING ARTISTS IN THE PERFORMING ARTS.
    Expenses $6,540
  • COMMUNITY ENGAGEMENT: COMMUNITY EVENTS, ACTIVATIONS, AND RESOURCE-SHARING THAT FOSTER COLLABORATION, CELEBRATE SHARED VALUES, ADDRESS LOCAL NEEDS, AND BUILD A SENSE OF BELONGING.

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, 2024Check at the IRS

IRS record

EIN
99-3707259
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$294,054
Income (IRS master file)
$415,843

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$415,843$142,579$294,054XML

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 99-3707259).

Questions about KALEIDOSCOPE DREAMS FOUNDATION INC

What is the EIN of KALEIDOSCOPE DREAMS FOUNDATION INC?
The employer identification number (EIN) of KALEIDOSCOPE DREAMS FOUNDATION INC is 99-3707259.
Is KALEIDOSCOPE DREAMS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to KALEIDOSCOPE DREAMS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KALEIDOSCOPE DREAMS 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 KALEIDOSCOPE DREAMS FOUNDATION 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 KALEIDOSCOPE DREAMS FOUNDATION 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 KALEIDOSCOPE DREAMS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names ASAD ALI JAFRI.
Who are the officers and directors of KALEIDOSCOPE DREAMS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does KALEIDOSCOPE DREAMS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $415,843, expenses of $142,579 and total assets of $294,054 at year end.

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