2025-11-16T15:47:49-05:00 2024-12-31 990 2024-01-01 832173068 Arts Business Collaborative ARTS 7813756968 4470 21ST ST 3096 LONG IS CITY NY 11101 Kat Bloomfield Chief Executive Officer 7813756968 2025-11-16 2024 2025-03-06 01:10:19Z X Katlyn Bloomfield 401 N Senate Ave Unit 516 Indianapolis IN 46204 321078 false X www.artsbusinesscollaborative.org X 2018 NY ARTS BUSINESS COLLABORATIVE INC IS A TECHNICAL ASSISTANCE AND RESEARCH ORGANIZATION WITH A MISSION TO IMPROVE QUALITY OF LIFE FOR PEOPLE OF COLOR THROUGH THE ARTS AND STEM SCIENCE TECHNOLOGY ENGINEERING AND MATHEMATICS. THESE SERVICES FOCUS ON THE UNDERLYING FACTORS THAT IMPEDE THEIR CREATIVE AND PROFESSIONAL ENDEAVORS: ACCESS TO CAPITAL NETWORKS AND TRAINING. ABC AIMS TO SYSTEMICALLY IMPROVE THE QUALITY OF LIFE IN COMMUNITIES OF COLOR THROUGH TWO MAIN SERVICES: THE GRASSROOTS ACTION PROJECT AND THE RISING TIDES RESEARCH INSTITUTE. THE ORGANIZATION IS SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM THE PUBLIC AND PRIVATE GRANTS. 2 2 12 2 0 0 1815613 321078 76512 0 1303 0 0 0 1893428 321078 541202 11583 0 0 981271 475909 0 0 131477 1160910 249291 2683383 736783 -789955 -415705 676942 174877 63549 303740 613393 -128863 ARTS BUSINESS COLLABORATIVE INC IS A TECHNICAL ASSISTANCE AND RESEARCH ORGANIZATION WITH A MISSION TO IMPROVE QUALITY OF LIFE FOR PEOPLE OF COLOR THROUGH THE ARTS AND STEM SCIENCE TECHNOLOGY ENGINEERING AND MATHEMATICS. THESE SERVICES FOCUS ON THE UNDERLYING FACTORS THAT IMPEDE THEIR CREATIVE AND PROFESSIONAL ENDEAVORS: ACCESS TO CAPITAL NETWORKS AND TRAINING. ABC AIMS TO SYSTEMICALLY IMPROVE THE QUALITY OF LIFE IN COMMUNITIES OF COLOR THROUGH TWO MAIN SERVICES: THE GRASSROOTS ACTION PROJECT AND THE RISING TIDES RESEARCH INSTITUTE. THE ORGANIZATION IS SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM THE PUBLIC AND PRIVATE GRANTS. false false 170901 11583 0 ARTS BUSINESS COLLABORATIVE INC IS A TECHNICAL ASSISTANCE AND RESEARCH ORGANIZATION WITH A MISSION TO IMPROVE QUALITY OF LIFE FOR PEOPLE OF COLOR THROUGH THE ARTS AND STEM SCIENCE TECHNOLOGY ENGINEERING AND MATHEMATICS. THESE SERVICES FOCUS ON THE UNDERLYING FACTORS THAT IMPEDE THEIR CREATIVE AND PROFESSIONAL ENDEAVORS: ACCESS TO CAPITAL NETWORKS AND TRAINING. ABC AIMS TO SYSTEMICALLY IMPROVE THE QUALITY OF LIFE IN COMMUNITIES OF COLOR THROUGH TWO MAIN SERVICES: THE GRASSROOTS ACTION PROJECT AND THE RISING TIDES RESEARCH INSTITUTE. THE ORGANIZATION IS SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM THE PUBLIC AND PRIVATE GRANTS. 0 0 0 0 0 0 0 0 0 170901 true true false false false false false false false false false false false false true false false false false false false false 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 true 19 0 true 12 true false false false false false false false 0 false false false 2 2 true false false false false false false true true false false false true false false true true true false false NY X X THE ORGANIZATION 7813756968 4470 21ST ST 3096 LONG IS CITY NY 11101 KAT BLOOMFIELD CEO- BOARD SECRETARY 40.00 0.00 X X 187519 0 17376 JOSHUA BEAUCHEMIN CFO 40.00 0.00 X X 143564 0 16031 AKIL B DAVIS BOARD TREASURER 1.00 0.00 X 0 0 0 ISABEL JONES BOARD MEMBER 1.00 0.00 X 0 0 0 331083 0 33407 0 false true false 0 0 0 0 0 321078 0 321078 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 321078 0 0 0 11583 11583 0 0 0 0 0 0 412148 103037 206074 103037 0 0 0 0 0 0 0 0 23920 5980 11960 5980 4467 1117 2234 1117 35374 8843 17687 8843 0 0 0 0 35550 0 35550 0 42997 0 42997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6784 6784 0 0 45499 16301 29198 0 13176 0 13176 0 0 0 0 0 342 342 0 0 313 313 0 0 0 0 0 0 0 0 0 0 4 0 0 0 0 0 0 0 0 0 0 0 6202 6202 0 0 Fundraising Expenses 12500 0 0 12500 Contractors 27525 0 27525 0 Professional Fees 48000 0 48000 0 0 0 0 0 10399 10399 0 0 736783 170901 434401 131477 0 0 0 0 509528 174877 0 0 144250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 23164 0 676942 174877 40033 30508 0 0 0 0 0 0 0 0 0 0 0 0 352 250000 23164 23232 63549 303740 X -505271 -128863 1118664 0 613393 -128863 676942 174877 X -415705 0 0 0 0 -326551 X false false false X 9584460 6844080 1919266 1165613 321078 19834497 0 0 0 0 0 0 579083 630675 220459 76512 0 1506729 0 0 0 0 0 0 0 0 0 0 0 0 10163543 7474755 2139725 1242125 321078 21341226 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21341226 0 296 2522 1303 0 4121 0 0 0 0 0 0 0 296 2522 1303 0 4121 0 0 0 0 0 0 0 0 0 0 0 0 10163543 7475051 2142247 1243428 321078 21345347 0.9998 0.9998 0.0002 0.0002 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Accrued expenses 1322 Payroll liabilities net 1943 Employee benefit accruals dental medical vision 635 Taxes payable 219 401k employee contributions net balance -6376 Prior-year 401k employer contribution payable 23920 Credit card payable 1569 23232 Part I to XII | PartandLinenumber:,Explanation:| Part X Line 2,Other current liabilities consist of accrued expenses payroll-related liabilities benefit withholdings taxes payable and credit card balances outstanding at year end. Included in this amount is employer and employee 401k withholding payable accrued payroll taxes accrued employee benefits and organizational expenses incurred but not yet paid.| X false false false false false false false false false KAT BLOOMFIELD CEO- BOARD SECRETARY 187519 0 0 0 0 0 5626 0 11750 0 204895 0 0 0 JOSHUA BEAUCHEMIN CFO 143564 0 0 0 0 0 4307 0 11724 0 159595 0 0 0 Part VI, Line 2 The Chief Executive Officer and the Board Treasurer are siblings. Part VI, Line 11b A review will be conducted following submission of 990 and completion of audit by independent third-party. Part VI, Line 15 Compensation for the CEO of the organization is reviewed and approved by the governing body with authority to act on behalf of the organization. Part VI, Line 18 The Form 990 is available upon request for a period of three years from the due date of the return. Part VI, Line 19 The organization provides governing documents policies and financial statements to the public upon request. Part XI, Line 9 | Description:, Explanation:, Amount:| During the tax year the Organization released or expended donor-restricted funds that were recognized in prior periods as net assets with donor restrictions. These funds totaled $326,551 and were used in accordance with donor restrictions for programmatic and sponsored-project activities., Line 9 - Other changes in net assets:, $-326551|