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Bronx Council on the Arts, Inc.
1738 Hone Ave
Bronx, NY 10461

http://bronxarts.org

Mission and Programs

Mission

Our mission is to encourage and increase the public''s awareness and participation in the arts, and to nurture the development of artists and arts and cultural organizations.

Programs

Community Arts Grants
Arts-In-Education Grants
Grants to Independent Artists
Longwood Arts Gallery
Bronx Culture Trolley
Bronx Writers Center
Artisans Initiative
Art Handlers Training Program
Bronx Culture Card

Program / Activities (NTEE Code)

Arts Council/Agency

Results

Accomplishments for Fiscal Year Ending 12/31/2007

  1. Center for an Urban Future names BCA Culture Trolley " the most successful in New York City"
  2. BCA is acknowledged by its peers and supporters for its leadership in support of artists, both in the Bronx and throughout the New York metropolitan area
  3. BCA is recognized as a leader in arts-related enrepreneurship, facilitating tourism in the South Bronx and the earned incom capabilities of the Bronx' creative industry
Objectives for Fiscal Year Beginning 01/01/2008
  1. Establish and develop the brand bronxArtworks for Bronx craft artisans
  2. Continue to develop the concept of the South Bronx Cultural Corridor, nurturing the artists and arts organizations there while encouraging the collateral creative economy
  3. Continue to be responsive to the needs of Bronx artists, organizations and the general public with respect to arts services and programs
Self Assessment

.

Chief Executive Profile

Born and raised in New York City, Bill Aguado has been Executive Director of the Bronx Council on the Arts since 1981. A graduate of Hunter College, he received an M.A. from Fordham University. His board affiliations include: the Eugenio Maria de Hostos Community College Advisory Board, Lehman Center for the Performing Arts, Bronx Tourism Council, Phipps Development Corporation, Pathways for Youth and the Alliance of New York State Arts Councils. Among his many awards, Mr. Aguado was the recipient of the Municipal Art Society of New York's Certificate of Merit, Arts & Business Council's Encore Award, the Mayor's Art Commission Award for Design, the New York State Joint Legislative Proclamation, and the Bronx Borough President's Citation for Service.

Additional Comments

Using the Internet, BCA has emerged as a leader in disseminating information such as grants applications, calendar of local events and technical assistance for artists and arts organizations alike. For more information about BCA visit us at http://bronxarts.org

Financial Data
From the organization's FORM 990

Revenue and Expenses: Fiscal Year Ending June 30, 2008

  Revenue     Expenses
Contributions $581,830
Government Grants $1,111,655
Program Services $14,819
Investments $6,315
Special Events $19,330
Sales $0
Other $4,811
Program Services $1,493,168
Administration $200,823
Other $84,824
Total Expenditures $1,778,815
Total Revenue $1,738,760 NET GAIN/LOSS $(40,054)
 

Balance Sheet: Fiscal Year Ending June 30, 2008

Notes
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

  Assets Jul 1, 2007 Jun 30, 2008 Change 
Cash & Equivalent $213,649 $97,159 $(116,490)
Accounts Receivable $0 $0 $0
Pledges & Grants Receivable $149,758 $362,875 $213,117
Receivables/Other $0 $0 $0
Inventories for Sale or Use $0 $0 $0
Investments/Securities $0 $0 $0
Investments/Other $0 $0 $0
Fixed Assets $1,480 $740 $(740)
Other $6,013 $6,210 $197
Total Assets $370,900 $466,984 $96,084
       
  Liabilities Jul 1, 2007 Jun 30, 2008 Change 
Accounts Payable $65,957 $97,537 $31,580
Grants Payable $0 $0 $0
Deferred Revenue $0 $0 $0
Loans and Notes $0 $0 $0
Tax-Exempt Bond Liabilities $0 $0 $0
Other $178,186 $283,114 $104,928
Total Liabilities $244,143 $380,651 $136,508
 
FUND BALANCE $126,387 $86,333 $(40,054)

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  Basic Information  

This organization is required to file an IRS Form 990 or 990-EZ.

EIN:

13-2601303

Executive:

Mr. William Aguado, Executive Director

Contact:

Mr. Ed Friedman, Deputy Director

Phone:

(718) 931-9500

Fax:

(718) 409-6445

E-mail:

edf@bronxarts.org

Fiscal Year:

2008

Assets:

$466,984

Income:

$1,738,760

Year Founded:

1961

No. of Board Members:

20

No. of Full Time Employees:

11-20

No. of Part-Time Employees:

6-10

Volunteers:

0

Audited Statements Available to Public:

Yes

Funding:

This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses, special projects and endowments.

Locations Served:

Bronx, NY and New York City

Board of Directors

Norman Liss, Esq.
John McKew
Charles Rice-Gonzalez
Charles Vasser
Kelly Dillon
Shereen Margolis
 

 

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