EIN 13-2852371

Building for the Arts Ny (42SDC)

IRS 501(c) type
501(c)(3)
Num. employees
61
Year formed
1977
Most recent tax filings
2023-12-01
Description
To promote the redevelopment and revitalization of certain areas of the city of New York, including but not limited to, the 42nd Street Area and its environs.
Also known as...
42nd Street Development Corporation
Total revenues
$3,960,951
2023
Total expenses
$5,433,456
2023
Total assets
$27,988,097
2023
Num. employees
61
2023

Program areas at 42SDC

the organization operates theatre row - an off-broadway multi-theatre complex in the heart of the theatre district in new york city. It serves as an affordable home for not-for-profit performing Arts organizations and a lively, accessible venue for diverse audiences.
American playwriting foundation administers and operates the relentless award. It was established in honor of philip seymour hoffman and his pursuit of truth in theatre. Awards are also granted to new musicals in honor of prolific songwriter adam schlesinger.
the organization operates music and the brain, a national neuroscience-based program that brings music literacy curriculum and classroom keyboard instruction to schools with underserved students, helping them build cognitive, attention and fine motor skills to succeed academically and in life.
the organization promotes community renewal within new york city through direct initiatives and partnerships with other not-for-profit organizations.

Grants made by 42SDC

GranteeGrant descriptionAmount
Keen Theater CompanyArtistic Support$10,000

Who funds Building for the Arts Ny (42SDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$20,000
Barbara Bell Cumming Charitable TrustSee Attached Rider$12,500
Les Paul FoundationHybrid Learning Platform$6,000
...and 1 more grant received

Personnel at 42SDC

NameTitleCompensation
Ken ShillingfordDirector of Finance$167,407
Lisala BeattyDirector of Music and the Brain / Director , Music and the Brain$132,025
David J RobertsPresident - Eff 12 and 5 and 22$47,994
Wendy RowdenPresident Emerita / President , Building for the Arts Ny , Inc. / President and Board Member$421,694
Josh LandayChief Operating Officer / Chief of Staff / Board Member$157,400
...and 4 more key personnel

Financials for 42SDC

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,448,834
Program services$2,488,430
Investment income and dividends$228,718
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-205,031
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,960,951

Form 990s for 42SDC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-10-21990View PDF
2019-122021-04-01990View PDF
...and 10 more Form 990s
Data update history
January 5, 2025
Received grants
Identified 2 new grant, including a grant for $6,000 from Les Paul Foundation
July 17, 2024
Received grants
Identified 2 new grant, including a grant for $100,000 from Hearst Foundations
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Updated personnel
Identified 3 new personnel
December 28, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
EducationArts, cultural, and humanitiesCommunity improvement
Characteristics
State / local levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
412 W 42nd St
New York, NY 10036
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
bfany.org/ 
Phone
(212) 695-4242
IRS details
EIN
13-2852371
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A20: Arts, Cultural Organizations
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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