2023-10-18T17:09:30-07:00 2022-12-31 823782880 Mary G Sormeley CPA 560 Day Ave Ridgefield NJ 07657 990 2022-01-01 133336695 NEW ART PUBLICATIONS INC NEWA 7186369100 80 HANSON PLACE 703 BROOKLYN NY 11217 Betsy Sussler Executive Director 2023-10-18 true Betsy Sussler 999009999 true Mary G Sormeley P01469548 2018328922 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Betsy Sussler 80 HANSON PLACE 703 BROOKLYN NY 11217 1882655 false X www.bombsite.com X 1985 NY To promote and support contemporary artists and writers by expanding public awareness and appreciation of their work. 16 15 15 0 2192516 1326656 227372 204993 34123 29505 24167 5008 2478178 1566162 0 0 1065027 1121282 0 196724 831690 1038271 1896717 2159553 581461 -593391 2409280 1700387 169343 229127 2239937 1471260 To promote and support contemporary artists and writers by expanding public awareness and appreciation of their work. false false 1784259 204993 BOMB is a multi-platform publishing house that creates and disseminates artist-generated content that provides the public with unique insight into the creative process. BOMB includes a quarterly print magazine, a daily online publication, a digital archive, the Oral History Project, and a podcast. BOMB publishes in-depth interviews between artists, writers, and performers alongside reviews, essays, poetry, short fiction, portfolios. Over 300 features are published annually. BOMBs online audience numbers one million viewers. In 2021, BOMB received three significant grants to build the Oral History Project into a department, to complete a Strategic Plan to guide BOMB into the future, and to rebuild and relaunch the website. 2022 saw the completion of the Strategic Plan which focuses on equity, transparency and sustainability, and the creation of an Oral History Department. The rebuild of BOMBs website has been in development throughout 2022, and is scheduled to relaunch in 2023. 1784259 true true false false false false false false false true true false false true true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 44 0 true 15 true false false false false false false false 0 false false false false false false false X 16 15 false false false false false false false true true false false true true true true true true true true false NY X X X ORGANIZATION 7186369100 80 HANSON PLACE 703 BROOKLYN NY 11217 Betsy Sussler Executive Dir. 40.00 0.00 X X 132623 0 6752 Thomas E Moore III Trustee 1.00 0.00 X 0 0 0 Jennifer Clifford Danner President 1.00 0.00 X X 0 0 0 Rosemary Carroll Co-Chair 2.00 0.00 X X 0 0 0 Melinda Hackett Trustee 1.00 0.00 X 0 0 0 Robert Dowling Trustee 1.00 0.00 X 0 0 0 Natalie Frank Trustee 1.00 0.00 X 0 0 0 David Humphrey Trustee 1.00 0.00 X 0 0 0 Rachel Lee Hovnanian Trustee 1.00 0.00 X 0 0 0 Heather M Johnson Secretary/Treas 2.00 0.00 X X 0 0 0 George Negroponte Trustee 1.00 0.00 X 0 0 0 Adam McEwen Trustee 1.00 0.00 X 0 0 0 Lybess Sweezy Co-Chair 1.00 0.00 X X 0 0 0 Sally Ann Page Vice President 1.00 0.00 X 0 0 0 Odili Donald Odita Trustee 1.00 0.00 X 0 0 0 Erika Ranee Trustee 1.00 0.00 X 0 0 0 132623 6752 1 false false false 0 492324 193765 640567 1326656 Advertising 541800 138768 138768 Magazine sales & subscrip 511120 60375 60375 Reprints 511120 5850 5850 204993 34137 2133 32004 0 0 0 224116 228748 -4632 -4632 -4632 87745 492324 87745 0 0 0 Merchandise sales 511120 780 780 Miscellaneous 900099 4228 4228 5008 1566162 212134 27372 X 0 0 0 0 139375 108713 13937 16725 0 814269 689456 59681 65132 0 89674 74961 7125 7588 77964 65285 6006 6673 0 33553 27178 3020 3355 7000 7000 0 0 10070 10070 481148 404705 43987 32456 18579 18579 43422 35172 3908 4342 5050 5050 0 62160 50350 5594 6216 10852 10852 0 0 0 0 10021 8117 902 1002 11925 7289 3942 694 Printing and Publications 167765 167765 Indirect benefit expenses 42147 42147 Fulfillment service 29660 29660 Production costs 29192 29192 75727 51935 13398 10394 2159553 1784259 178570 196724 373381 148706 226013 71876 111450 79610 28580 43816 0 0 0 307 934 82866 70791 51007 36433 20695 14574 1327434 922610 0 0 44600 90100 193954 257370 2409280 1700387 24606 37239 54737 65487 90000 40000 86401 169343 229127 X 349345 260175 1890592 1211085 2239937 1471260 2409280 1700387 -593391 -175286 X false true X false false X 1939206 1576249 1963833 2192516 1326656 8998460 209036 190957 148297 227372 204993 980655 0 0 0 2148242 1767206 2112130 2419888 1531649 9979115 250306 203600 294400 301000 1049306 0 250306 203600 294400 301000 1049306 8929809 16564 14584 49996 39101 32004 152249 0 16564 14584 49996 39101 32004 152249 0 8128 1972 191 2189 5008 17488 2172934 1783762 2162317 2461178 1568661 10148852 0.87990 0.91510 0.01500 0.01160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1107248 -157984 40000 909264 1086339 17000 45835 41927 1107247 601118 409000 117928 41707 1086339 262500 338000 9302 8684 601118 262500 262500 1.00000 false false false 27164 13902 13262 23843 22531 1312 14574 Art held for sale 159392 Investment adj. 62644 Operating right of use asset 85209 Security deposit 12769 257370 Operating lease liability 86401 86401 X 1380806 -175286 -175286 1556092 10070 10070 1566162 2149483 2149483 10070 10070 2159553 Part III, Line 4: Description of organization's collections and how it furthers its purpose. To promote and support contemporary artists and writers by expanding public awareness and appreciation of their works. Part V, Line 4: Intended uses of the endowment fund. BOMBs endowment campaign, The Future Fund, was established to sustain BOMBs legacy and insure its continued success. For the first part of the campaign, we have asked artists and estates, who understand BOMBs importance, to initiate the campaign through substantial gifts of artworks, which will be sold privately or through public auctions. The funds from these sales will be used to build a multi-million dollar endowment to sustain BOMBs future. Twenty-four artists have committed. The proceeds from these generous lifetime gifts will be part of the endowment, the principal of which will stay intact, while its interest from investments will support BOMBs programming. The next phase of the Endowment campaign will include soliciting funds from Trustees, philanthropists and foundations. Part X : FIN48 Footnote New Art Publications, Inc. is a not-for-profit organization exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and has been designated as an organization that is not a private foundation. Management has evaluated all income tax positions and concluded that no disclosures relating to uncertain tax positions are required in the financial statements. X X X X X X X false NY Benefit income 580069 492324 87745 87745 580069 492324 87745 87745 87745 Form 990, Part VI, Section B, Line 11b Before the 990 is filed, it will be reviewed by the Organization's finance committee. Form 990, Part VI, Section B, Line 12c Through discussion with management. Form 990, Part VI, Section B, Line 15a Compensation of Executive Director and Officers is reviewed by board members. Form 990, Part VI, Section B, Line 15b Board verifies compensation based upon compensation in similar sized organizations and background and abilities of employees. Form 990, Part VI, Section C, Line 18 Financial statements are available for viewing through Guidestar and NY Attorney General's website. Governing documents and financial statements are available upon request from the Organization's office. Form 990, Part VI, Section C, Line 19 No documents available to the public.