Skip to content
Nonprofiteer
← THE AMERICAN GRAFFITI MUSEUM INC

Form 990 for tax year 2023

Filed by THE AMERICAN GRAFFITI MUSEUM INC.

Totals

Total revenue
-$35,258
Total expenses
$83,809
Contributions and grants received
$19,310
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
-$54,568
Total assets, end of year
$1,704,186
Total liabilities, end of year
$866,693
Net assets or fund balances, end of year
$837,493
Program services expenses (Part IX)
$0
Management and general expenses
$83,809
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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

    $19,310

  • 6a · Gross rents

    real property $30,320

  • 6b · Less rental expenses

    real property $84,888

  • 6c · Rental income or loss

    real property -$54,568

  • 6d · Net rental income or loss

    total -$54,568 · excluded -$54,568

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $859 · management and general $859

  • 11c · Fees: accounting

    total $1,900 · management and general $1,900

  • 13 · Office expenses

    total $867 · management and general $867

  • 16 · Occupancy

    total $18,499 · management and general $18,499

  • 20 · Interest

    total $58,059 · management and general $58,059

  • 23 · Insurance

    total $3,625 · management and general $3,625

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,687 · end of year $16

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

    $1,704,170

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $1,674,726 · end of year $1,704,170

  • 15 · Other assets

    beginning of year $81,282 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $52,500 · end of year $121,800

  • 23 · Secured mortgages and notes payable

    beginning of year $748,635 · end of year $740,893

  • 25 · Other liabilities

    beginning of year $4,000 · end of year $4,000

  • 27 · Net assets without donor restrictions

    beginning of year $956,560 · end of year $837,493

Mission and programs · 2023

Mission

PRESERVE AND PROMOTE PUBLIC KNOWLEDGE OF AND APPRECIATION FOR THE HISTORICAL AND EDUCATIONAL VALUE OF GRAFFITI ART AND TO ENCOURAGE HISTORICAL RESEARCH IN THE FIELD.

  • (A) ESTABLISH A MUSEUM AS A HEADQUARTERS FOR THE COLLECTION AND DISSEMINATION OF INFORMATION REGARDING GRAFFITI ART;(B) ACQUIRE THE TITLE TO OR CUSTODY OF GRAFFITI ART; (C) PRESERVE AND PROMOTE PUBLIC KNOWLEDGE OF AND APPRECIATION FOR THE HISTORICAL AND EDUCATIONAL VALUE OF GRAFFITI ART AND TO ENCOURAGE HISTORICAL RESEARCH IN THE FIELD; AND(D) SOLICIT SUPPORT, FUNDS, REQUEST AND RECEIVE GRANTS, GIFTS, CONTRIBUTIONS, DUES AND BEQUESTS OF MONEY, REAL AND PERSONAL PROPERTY FOR THE CORPORATION'S ACTIVITIES FROM THE PUBLIC GENERALLY.

As filed on the 2023 return.

Listed in Part VII

  • Daniel Brenna Jr

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Aylin Brenna

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sergio Coscia

    TRUSTEE

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
4 April 2024
IRS schema version
2023v5.0
Source object
202430959349300043

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.