Totals
- Total revenue
- $2,424,145
- Total expenses
- $2,877,587
- Contributions and grants received
- $2,062,727
- Grants paid
- $0
- Program service revenue
- $10,550
- Investment income
- $347,618
- Other revenue
- $3,250
- Total assets, end of year
- $9,191,092
- Total liabilities, end of year
- $76,186
- Net assets or fund balances, end of year
- $9,114,906
- Program services expenses (Part IX)
- $1,965,007
- Management and general expenses
- $596,276
- Fundraising expenses
- $316,304
- Program service expenses (Part III)
- $1,965,007
Program services were 68.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$290,655
-
1f · All other contributions, gifts and grants
$1,772,072
-
2a · Program service revenue: Program Revenue
total $10,550 · unrelated business $0 · excluded $0
-
3 · Investment income
total $346,139 · unrelated business $0 · excluded $346,139
-
7a · Gross sales of assets other than inventory
securities $4,019,753
-
7b · Less cost or other basis and sales expenses
securities $4,018,274
-
7c · Gain or loss
securities $1,479
-
7d · Net gain or loss
total $1,479 · related or exempt $0 · unrelated business $0 · excluded $1,479
-
11a · Other revenue: Miscellaneous Income
total $3,250 · related or exempt $3,250 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$3,250
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $475,836 · program services $328,865 · management and general $56,091 · fundraising $90,880
-
7 · Other salaries and wages
total $714,038 · program services $553,609 · management and general $82,608 · fundraising $77,821
-
8 · Pension plan contributions
total $41,625 · program services $31,220 · management and general $4,830 · fundraising $5,575
-
9 · Other employee benefits
total $125,295 · program services $94,046 · management and general $14,555 · fundraising $16,694
-
10 · Payroll taxes
total $114,317 · program services $85,040 · management and general $13,486 · fundraising $15,791
-
11f · Fees: investment management
total $12,294 · program services $0 · management and general $12,294 · fundraising $0
-
11g · Fees: other
total $774,699 · program services $492,172 · management and general $232,877 · fundraising $49,650
-
12 · Advertising and promotion
total $9,802 · program services $1,159 · management and general $8,643 · fundraising $0
-
13 · Office expenses
total $51,360 · program services $27,278 · management and general $19,473 · fundraising $4,609
-
14 · Information technology
total $33,969 · program services $25,193 · management and general $3,960 · fundraising $4,816
-
16 · Occupancy
total $137,492 · program services $101,971 · management and general $16,027 · fundraising $19,494
-
22 · Depreciation, depletion and amortization
total $125,167 · program services $92,831 · management and general $14,590 · fundraising $17,746
-
23 · Insurance
total $6,541 · program services $5,069 · management and general $579 · fundraising $893
-
24a · Other expenses: Art, production, and office supplies
total $62,791 · program services $60,694 · management and general $920 · fundraising $1,177
-
24b · Other expenses: Events and cultivation
total $59,291 · program services $16,744 · management and general $33,744 · fundraising $8,803
-
24c · Other expenses: Utilities
total $13,015 · program services $9,772 · management and general $1,510 · fundraising $1,733
-
24d · Other expenses: Bank and merchant fees
total $8,741 · program services $0 · management and general $8,741 · fundraising $0
-
24e · All other expenses
total $111,314 · program services $39,344 · management and general $71,348 · fundraising $622
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $561,509 · end of year $447,222
-
2 · Savings and temporary cash investments
beginning of year $1,030,555 · end of year $1,928,665
-
3 · Pledges and grants receivable
beginning of year $2,886,498 · end of year $2,093,447
-
4 · Accounts receivable
end of year $1,000
-
7 · Other notes and loans receivable
end of year $18,000
-
8 · Inventories for sale or use
beginning of year $16,684 · end of year $14,831
-
9 · Prepaid expenses and deferred charges
beginning of year $57,747 · end of year $63,843
-
10a · Land, buildings and equipment: cost or other basis
$380,730
-
10b · Land, buildings and equipment: accumulated depreciation
$222,843
-
10c · Land, buildings and equipment, net
beginning of year $103,170 · end of year $157,887
-
11 · Investments: publicly traded securities
beginning of year $4,643,185 · end of year $4,244,093
-
14 · Intangible assets
beginning of year $125,740 · end of year $93,622
-
15 · Other assets
beginning of year $278,468 · end of year $128,482
-
17 · Accounts payable and accrued expenses
beginning of year $44,172 · end of year $49,194
-
25 · Other liabilities
beginning of year $106,988 · end of year $26,992
-
27 · Net assets without donor restrictions
beginning of year $4,869,734 · end of year $5,582,986
-
28 · Net assets with donor restrictions
beginning of year $4,682,662 · end of year $3,531,920
Mission and programs · 2024
Mission
The Laundromat Project advances artists and neighbors as change agents in their own communities. and community engagement.
Activities or mission (Part I)
The Laundromat Project advances artists and neighbors as change agents in their own communities through artist residencies, fellowships, and community engagement.
-
Community Engagement - The Organization operates a thriving community hub with workshops, public programs, and other arts programming for artists, neighbors, and community partners in the heart of Central Brooklyn.
Expenses $898,990
-
Create Change Artist Development - Includes an artist residency that commissions 3-5 artists a year to create public art projects in local community spaces across New York City. It also includes a professional development program that supports up to 15 artists a year in deepening their socially-engaged creative practive.
Expenses $990,177
-
Special Projects: These expenses related to the general programming expenses that help supplement the Organizations key programs, in service of the organizational goals and Strategic Plan.
Expenses $75,840 · Revenue $10,550
As filed on the 2024 return.
Listed in Part VII
-
Ayesha Williams
Executive Director
- Total calculated
- $169,851
- From this org
- $155,433
- From related orgs
- $0
- Other
- $14,418
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,433
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $14,418
- Filer's total
- $169,851
-
Ashima Aggarwal
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Alison Cuzzolino
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Rabsatt
Vice Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Lee
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Naomi Beckwith
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
George Suttles
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Patton Hindle
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Susan Delvalle
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Rasu Jilani
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Salvador Muoz
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Diya Vij
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Harry
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503169349304925
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