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Nonprofiteer
← BROOKLYN RAIL INC

Form 990 for tax year 2023

Filed by BROOKLYN RAIL INC.

Totals

Total revenue
$1,943,536
Total expenses
$1,972,331
Contributions and grants received
$1,153,964
Grants paid
$0
Program service revenue
$788,727
Investment income
$845
Other revenue
$0
Total assets, end of year
$2,204,390
Total liabilities, end of year
$135,324
Net assets or fund balances, end of year
$2,069,066
Program services expenses (Part IX)
$1,210,274
Management and general expenses
$749,280
Fundraising expenses
$12,777
Program service expenses (Part III)
$1,210,274

Program services were 61.4% 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.

  • 1f · All other contributions, gifts and grants

    $1,153,964

  • 2a · Program service revenue: ADVERTISING

    total $603,444 · excluded $603,444

  • 2b · Program service revenue: ART DONATIONS

    total $150,000 · excluded $150,000

  • 2c · Program service revenue: SUBSCRIPTIONS

    total $35,283 · excluded $35,283

  • 3 · Investment income

    total $845 · excluded $845

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $859,060 · program services $370,341 · management and general $488,719

  • 9 · Other employee benefits

    total $86,938 · program services $37,479 · management and general $49,459

  • 11b · Fees: legal

    total $17,344 · management and general $17,344

  • 11c · Fees: accounting

    total $59,952 · management and general $59,952

  • 12 · Advertising and promotion

    total $45,545 · program services $34,159 · management and general $11,386

  • 13 · Office expenses

    total $77,101 · program services $8,006 · management and general $69,095

  • 17 · Travel

    total $3,492 · program services $2,619 · management and general $873

  • 23 · Insurance

    total $9,374 · management and general $9,374

  • 24a · Other expenses: PRODUCTION CONSULTANTS

    total $536,386 · program services $536,386

  • 24b · Other expenses: PRINTING & OTHER EXPENS

    total $182,665 · program services $182,665

  • 24c · Other expenses: POSTAGE & COURIER

    total $51,492 · program services $38,619 · management and general $12,873

  • 24d · Other expenses: RENT & UTILITIES

    total $27,859 · management and general $27,859

  • 24e · All other expenses

    total $15,123 · management and general $2,346 · fundraising $12,777

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $511,634 · end of year $937,619

  • 4 · Accounts receivable

    beginning of year $735,730 · end of year $81,468

  • 8 · Inventories for sale or use

    beginning of year $16,249 · end of year $17,970

  • 10a · Land, buildings and equipment: cost or other basis

    $66,807

  • 10b · Land, buildings and equipment: accumulated depreciation

    $66,807

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $1,131,495 · end of year $1,167,333

  • 17 · Accounts payable and accrued expenses

    beginning of year $250,268 · end of year $89,635

  • 25 · Other liabilities

    beginning of year $46,979 · end of year $45,689

  • 27 · Net assets without donor restrictions

    beginning of year $1,960,011 · end of year $1,876,650

  • 28 · Net assets with donor restrictions

    beginning of year $137,850 · end of year $192,416

Mission and programs · 2023

Mission

SEE ORGANIZATION'S MISSION STATEMENT ON SCHEDULE O

Activities or mission (Part I)

THE MISSION OF THE BROOKLYN RAIL INC. IS TO PROVIDE AN INDEPENDENT FORUM FOR ARTS, CULTURE, AND POLITICS THROUGHOUT NEW YORK CITY AND FAR BEYOND. ITS JOURNAL, IN ADDITION TO FEATURING LOCAL REPORTING, CRITICISM OF MUSIC, DANCE, FILM, THEATER, ORIGINAL FICTION AND POETRY, COVERS CONTEMPORARY VISUAL ART IN PARTICULAR DEPTH. IN ORDER TO DEMOCRATIZE ITS ARTS COVERAGE, THE CRITICS PAGE FUNCTIONS WITH A ROTATING EDITORSHIP. THE RAIL FURTHER FULFILLS ITS MISSION BY CURATING ART EXHIBITIONS, PANEL DISCUSSIONS, READING SERIES, AND FILM SCREENINGS THAT RELECT THE COMPLEXITY AND INVENTIVENESS OF THE CITY'S ARTISTIC AND CULTURAL LANDSCAPE.

  • PRINTING AND PUBLISHING THE JOURNAL (CURRENTLY PUBLISHED 10 TIMES ANNUALLY), THE JOURNAL, IN ADDITION TO FEATURING LOCAL REPORTING, CRITICISM OF MUSIC, DANCE, FILM, THEATER, ORIGINAL FICTION AND POETRY, COVERS CONTEMPORARY VISUAL ART IN PARTICULAR DEPTH. BROOKLYN RAIL DISTRIBUTES ITS JOURNAL FREE OF CHARGE AROUND NEW YORK CITY, AND SHIPS TO A GROWING LIST OF NATIONAL AND INTERNATIONAL SUBSCRIBERS.

    Expenses $1,210,274 · Revenue $788,727

As filed on the 2023 return.

Listed in Part VII

  • Antonio Bechara

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Phong Bui

    PRESIDENT

    Total calculated
    $74,894
    From this org
    $74,894
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Juliette Cezzar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Daniel Desmond

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Alexander Glauber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susan Harris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Elizabeth Broun

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Erroll McDonald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeremy Zilar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    20

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349317535

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