NonprofitsThe Chelsea Factory Inc

Arts, Culture & Humanities

The Chelsea Factory Inc

NEW YORK, NY

Total revenue

$1.6M

Total expenses

$3.8M

Net assets

$209K

Grants received

$5.5M

7 grants

EIN

862026695

Tax year

2024

Mission

Chelsea factory existed to support the artists, ensembles, and arts organizations of new york city as we emerge from the covid-19 pandemic. With an emphasis on support for artists from historically excluded communities, chelsea factory provided highly subsidized creation and presentation space, production resources, and dynamic connections that aim to create transformative experiences for its artists and partners across genres.

Financials

FY 2024

Revenue

Contributions & grants$296K
Program service revenue$2.1M
Investment income
Other revenue$693
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising$80K
Other expenses$2.7M
Total expenses$3.8M
Total assets$242K
Net assets$209K

People

6 listed

NameRoleCompensation

LAUREN KIEL

EXECUTIVE DIRECTOR/TREASURER

Board

$315K

40 hrs/wk

JIM HERBERT

FOUNDER & BOARD CHAIR

Board

1 hrs/wk

ANDREA MILLER

BOARD MEMBER

Board

1 hrs/wk

ARIELLE PATRICK

BOARD MEMBER

Board

1 hrs/wk

LINDA SHELTON

BOARD MEMBER

Board

1 hrs/wk

DONALD BORROR

MANAGING DIRECTOR

Staff

$180K

40 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$75K
GENERAL OPERATING
2024
$2K
GENERAL FUND
2024
$700
PUBLIC CHARITY
2024
$150K
FOUNDATION GRANT - GENERAL OPERATING
2023
$2.5M
Will provide seed capital in order to provide space and support for artists and the community to reimagine the future and revitalize following the pandemic.
2021

Funded by

$5.5M from 5 funders · 7 grants · 2021–2024

First Republic Foundation

$5.3M · 3 grants · 2021–2023

The Howard Gilman Foundation Inc

$150K · 1 grant · 2023

Booth Ferris Foundation Xxxxx4008

$75K · 1 grant · 2024

Arnhold Foundation Inc

$2K · 1 grant · 2024

Smf Foundationlrm Inc

$700 · 1 grant · 2024

Details

EIN862026695
NTEE codeA20
Subsection03
Ruling date2022-03
Formed2021
Employees82
Volunteers4
THE CHELSEA FACTORY INC — Mission, Financials & Grants Received | Grantivo