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
- Center for an Urban Future names BCA Culture Trolley " the most successful in New York City"
- 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
- 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
- Establish and develop the brand bronxArtworks for Bronx craft artisans
- Continue to develop the concept of the South Bronx Cultural Corridor, nurturing the artists and arts organizations there while encouraging the collateral creative economy
- 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) |
|

| |
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
|
|
| |
|