Exploring the Metropolis Inc

“OTHER REVENUE: Return of expense paid in advance on Workers Comp and Disability insurance policies”

“GRANTS AND SIMILAR AMOUNTS PAID: Final dissolution of all assets, paid as a contribution to The Foundation for Independent Artists, Inc., a nonprofit that provides fiscal sponsorship services to small companies and projects. EtM's funds were earmarked to be donated to Redtail Artist Residencies, an artist residency program created to further the work of EtM, providing workspace residencies to NYC dance makers and musicians.”

“OTHER EXPENSES: Software expenses $609 - to assist in the continuation of EtM residency program as Redtail Artist Residencies, Payroll service $423, Supplies $115, Telephone $12, Bank Charges $18, Filing fees $50, Depreciation $135”

“OTHER ASSETS: Prepaid expenses from 2020 were re-categorized as expenses in 2021.”

“LIABILITIES: Accrued expense of $2,000 from 2020 for payment to accountants for preparation of 2020 990 and financial statements was reversed out in 2021 when invoice was actually paid. Credit card liabilities from 2020 and 2021 were all paid off. NYS Disability and Paid Family Leave insurance policies were reconciled in 2021 upon cancellation of the policies.”

“PART III, Line 28, GRANTS: As a result of the COVID-19 pandemic, EtM ceased all program operations as of June 30, 2020 and began the process of dissolving the nonprofit corporation. EtM made the decision that its most successful program, The EtM Choreographer + Composer Residencies, would continue as an independent project, fiscally-sponsored by The Foundation for Independent Artists, Inc. The new program is administered by former EtM employee, Katherine Cox, under the name Redtail Artist Residencies. Upon dissolution, EtM's board of directors voted to donate EtM's remaining assets to The Foundation for Independent Artists, Inc., earmarked for Redtail Artist Residencies general operating support.”