Civic Intelligence

The Laundromat Project Inc.

990 • Fiscal year 2012 • EIN 87-0753479

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 15, 2013

Organization Profilewww.laundromatproject.org
127 West 127th Street No 32410027
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$280,918

Flat from 2012

Net Assets

Flat

$170,256

Flat from 2012

Liabilities

Flat

$110,662

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$199,127

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $96,442Liabilities 2010: $173Net Assets 2010: $96,2692010Assets 2011: $194,592Liabilities 2011: $44,603Net Assets 2011: $149,9892011Assets 2012: $280,918Liabilities 2012: $110,662Net Assets 2012: $170,2562012Assets 2012: $280,918Liabilities 2012: $110,662Net Assets 2012: $170,2562012Assets 2013: $389,086Liabilities 2013: $20,506Net Assets 2013: $368,5802013Assets 2014: $340,352Liabilities 2014: $803Net Assets 2014: $339,5492014Assets 2015: $462,117Liabilities 2015: $9,137Net Assets 2015: $452,9802015Assets 2016: $720,086Liabilities 2016: $29,574Net Assets 2016: $690,5122016Assets 2017: $912,833Liabilities 2017: $32,240Net Assets 2017: $880,5932017Assets 2018: $1,316,948Liabilities 2018: $31,635Net Assets 2018: $1,285,3132018Assets 2019: $2,169,068Liabilities 2019: $27,826Net Assets 2019: $2,141,2422019Assets 2020: $3,577,635Liabilities 2020: $184,134Net Assets 2020: $3,393,5012020Assets 2021: $6,741,143Liabilities 2021: $89,402Net Assets 2021: $6,651,7412021Assets 2022: $6,598,573Liabilities 2022: $241,020Net Assets 2022: $6,357,5532022Assets 2023: $9,703,556Liabilities 2023: $151,160Net Assets 2023: $9,552,3962023Assets 2024: $9,191,092Liabilities 2024: $76,186Net Assets 2024: $9,114,9062024

Highlighted filing

2012

Assets$280,918
Liabilities$110,662
Net Assets$170,256
Open 2012 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $79,333Expenses 2010: $44,572Net Income 2010: $34,7612010Expenses 2011: $123,5492011Expenses 2012: $199,1272012Revenue 2012: $219,394Expenses 2012: $199,127Net Income 2012: $20,2672012Revenue 2013: $492,718Expenses 2013: $299,974Net Income 2013: $192,7442013Revenue 2014: $359,359Expenses 2014: $388,390Net Income 2014: -$29,0312014Revenue 2015: $558,695Expenses 2015: $445,264Net Income 2015: $113,4312015Revenue 2016: $874,604Expenses 2016: $636,972Net Income 2016: $237,6322016Revenue 2017: $916,781Expenses 2017: $726,700Net Income 2017: $190,0812017Revenue 2018: $1,171,735Expenses 2018: $767,015Net Income 2018: $404,7202018Revenue 2019: $1,907,814Expenses 2019: $1,051,885Net Income 2019: $855,9292019Revenue 2020: $2,488,024Expenses 2020: $1,235,765Net Income 2020: $1,252,2592020Revenue 2021: $5,175,800Expenses 2021: $1,954,593Net Income 2021: $3,221,2072021Revenue 2022: $1,824,950Expenses 2022: $2,033,921Net Income 2022: -$208,9712022Revenue 2023: $5,734,078Expenses 2023: $2,676,945Net Income 2023: $3,057,1332023Revenue 2024: $2,424,145Expenses 2024: $2,877,587Net Income 2024: -$453,4422024

Highlighted filing

2012

Revenue-
Expenses$199,127
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 15, 2013
Return Version
2012v2.1
Gross Receipts
$219,394
Mission and Program Overview

Mission

The Laundromat Project advances artists and neighbors as change agents in their own communities through artist residencies, fellowships, and community engagement.

Major Activities

Activity 2
Works in progress provides low barrier, engaging art activities that connect community residents to their own creativity and each other. Every workshop is free, fun, easily participatory and reflective of the residents own community. It focuses on community-centered art education through hands-on workshops and public programs at local laundromats, festivals, and other community spaces. The focus of works in progress is to make art education more readily available in our communities regardless of income, age, or background. We believe it is a basic human right to use our imaginations in service of a better life. We are also developing a digital story-telling curriculum for high school students based on the sundance award-winning documentary american promise and the concepts of power, perception, and self-expression.
Filing and Contact Details

Filer

EIN
87-0753479
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IRS990ScheduleO/GeneralExplanation/Explanation0MISSION: THE LAUNDROMAT PROJECT AMPLIFIES THE CREATIVITY THAT ALREADY EXISTS WITHIN COMMUNITIES BY USING ARTS AND CULTURE TO BUILD COMMUNITY NETWORKS, SOLVE PROBLEMS, AND ENHANCE OUR SENSE OF OWNERSHIP IN THE PLACES WHERE WE LIVE, WORK, AND GROW. VISION: THE LAUNDROMAT PROJECT ENVISIONS A WORLD IN WHICH ARTISTS ARE UNDERSTOOD AS VALUABLE ASSETS IN EVERY COMMUNITY AND EVERYDAY PEOPLE KNOW THE POWER OF THEIR OWN CREATIVE CAPACITY TO TRANSFORM THEIR LIVES, THEIR RELATIONSHIPS, AND THEIR SURROUNDINGS. VALUE PROPOSITION: THE LAUNDROMAT PROJECT ACHIEVES ITS MISSION BY BRINGING SOCIALLY RELEVANT AND SOCIALLY ENGAGED ARTS PROGRAMMING TO LAUNDROMATS AND OTHER DE FACTO COMMUNITY SPACES IN ORDER TO REACH AS MANY OF OUR NEIGHBORS AS POSSIBLE. WE ARE PARTICULARLY COMMITTED TO LONG-TERM AND SUSTAINED INVESTMENT IN COMMUNITIES OF COLOR AS WELL AS THOSE LIVING ON MODEST INCOMES. THEORY OF CHANGE THE LAUNDROMAT PROJECT BELIEVES ART, CULTURE, AND ENGAGED IMAGINATIONS CAN CHANGE THE WAY PEOPLE SEE THEIR WORLD, OPEN THEM UP TO NEW IDEAS, AND CONNECT THEM WITH THEIR NEIGHBORS. WHEN ARTISTS HAVE THE OPPORTUNITY TO BUILD AND CONTRIBUTE THEIR UNIQUE SKILLS AND PERSPECTIVES TO THE NEEDS OF THEIR NEIGHBORHOODS, THEY CAN BE INVALUABLE ASSETS IN FURTHERING COMMUNITY WELLBEING. WHEN THE SKILLS AND STRATEGIES FOR IGNITING CREATIVITY ARE MADE BROADLY AVAILABLE TO EVERYDAY PEOPLE AND PURPOSEFULLY APPLIED AS TOOLS FOR VISIONING A NEW AND BETTER WORLD, THESE CAN BE POWERFUL FORCES FOR POSITIVE, TRANSFORMATIVE CHANGE. WE KNOW WE HAVE BEEN SUCCESSFUL WHEN, OVER TIME, OUR NEIGHBORS, ARTISTS AND EVERYDAY PEOPLE, NEWCOMERS AND OLDTIMERS INDIVIDUALLY AND COLLECTIVELY BECOME MORE INVOLVED IN THE CIVIC AND CULTURAL AFFAIRS OF THEIR COMMUNITIES, FEEL MORE DEEPLY CONNECTED TO THE PLACES AND PEOPLE WHERE THEY LIVE AND WORK, AND BRING A SENSE OF CREATIVITY TO COMMUNITY CONCERNS. VALUES AS THE LAUNDROMAT PROJECT STRIVES TO ACHIEVE OUR MISSION AND EMBODY OUR VISION, THE FOLLOWING VALUES INFUSE ALL OF OUR WORK. WE ARE: -CREATIVE CATALYSTS -COMMUNITY-CENTERED -NEIGHBORLY -PEOPLE-POWERED -ACTIVE LISTENERS & LEARNERS -COLLABORATIVE & CROSS-POLLINATING BY DESIGN -PROPELLED BY LOVE SUPPORT OUR WORK HAS BEEN RECOGNIZED BY A WIDE RANGE OF SUPPORTERS INCLUDING THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS, DAVID ROCKEFELLER FUND, LAMBENT FOUNDATION, NATIONAL ENDOWMENT FOR THE ARTS, THE NEW YORK CITY DEPARTMENT OF CULTURAL AFFAIRS IN PARTNERSHIP WITH THE CITY COUNCIL, THE ROCKEFELLER FOUNDATION CULTURAL INNOVATION FUND, THE UNION SQUARE ART AWARDS, AND OVER 100 INDIVIDUAL DONORS
IRS990ScheduleO/GeneralExplanation/Explanation1MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 WITH THE BOARD CHAIR AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE LP HAS A BOARD-APPROVED CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS, EACH BOARD MEMBER AND KEY STAFF (EXECUTIVE DIRECTOR) MUST FILL OUT A SURVEY OUTLINING ANY CONFLICTS OR LACK THERE OF. IF CONFLICTS ARE IDENTIFIED, THE BOARD MEMBER MUST OUTLINE THE NATURE OF THE CONFLICT AND SHARE THIS WITH THE FULL BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4CONSULTANTS - GENERAL: PROGRAM SERVICE EXPENSES 17,484. MANAGEMENT AND GENERAL EXPENSES 30,655. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,139. CONSULTANTS - ARTISTS: PROGRAM SERVICE EXPENSES 28,126. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,126. CONSULTANTS - DESIGNERS, SPEAKERS & MUSICIANS: PROGRAM SERVICE EXPENSES 4,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,200.
IRS990ScheduleO/GeneralExplanation/Identifier0ADDITIONAL PROGRAM INFORMATION
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER FEES
IRS990ScheduleO/GeneralExplanation/ReturnReference0PART III
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART IX, LINE 11G
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0NY
IRS990/StatesWhereCopyOfReturnIsFiled0NY
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/BOY097661
IRS990/TemporarilyRestrictedNetAssets/EOY028706
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine101161 W RIVER STREET
IRS990/TheBooksAreInCareOf/AddressUS/City0BOISE
IRS990/TheBooksAreInCareOf/AddressUS/State0ID
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode083702
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10JITASA
IRS990/TheBooksAreInCareOf/TelephoneNumber02082874777
IRS990/TotalAssets/BOY0194592
IRS990/TotalAssetsBOY0194592
IRS990/TotalAssets/EOY0280918
IRS990/TotalAssetsEOY0280918
IRS990/TotalCompGT150K00
IRS990/TotalContributions0211231
IRS990/TotalExpensesCurrentYear0199127
IRS990/TotalExpensesPriorYear0123549
IRS990/TotalFunctionalExpenses/Fundraising04925
IRS990/TotalFunctionalExpenses/ManagementAndGeneral064618
IRS990/TotalFunctionalExpenses/ProgramServices0129584
IRS990/TotalFunctionalExpenses/Total0199127
IRS990/TotalFundrsngExpCurrentYear04925
IRS990/TotalGrossUBI00
IRS990/TotalJointCosts/Fundraising03928
IRS990/TotalJointCosts/ManagementAndGeneral011780
IRS990/TotalJointCosts/ProgramServices062821
IRS990/TotalJointCosts/Total078529
IRS990/TotalLiabilities/BOY044603
IRS990/TotalLiabilitiesBOY044603
IRS990/TotalLiabilities/EOY0110662
IRS990/TotalLiabilitiesEOY0110662
IRS990/TotalLiabNetAssetsFundBalances/BOY0194592
IRS990/TotalLiabNetAssetsFundBalances/EOY0280918
IRS990/TotalNbrEmployees02
IRS990/TotalNbrVolunteers021
IRS990/TotalNetAssetsFundBalances/BOY0149989
IRS990/TotalNetAssetsFundBalances/EOY0170256
IRS990/TotalOtherCompensation02200
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense0129584
IRS990/TotalProgramServiceRevenue07705
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg020922
IRS990/TotalRevenueCurrentYear0219394
IRS990/TotalRevenue/ExclusionAmount0458
IRS990/TotalRevenuePriorYear0177269
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome07705
IRS990/TotalRevenue/TotalRevenueColumn0219394
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY052328
IRS990/UnrestrictedNetAssets/EOY0141550
IRS990/UponRequest0X
IRS990/WebSite0WWW.LAUNDROMATPROJECT.ORG
IRS990/WhistleblowerPolicy00
IRS990/YearFormation02005
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0870753479
ReturnHeader/Filer/Name/BusinessNameLine10THE LAUNDROMAT PROJECT
ReturnHeader/Filer/NameControl0LAUN
ReturnHeader/Filer/Phone07182184694
ReturnHeader/Filer/USAddress/AddressLine10127 WEST 127TH STREET NO 324
ReturnHeader/Filer/USAddress/City0NEW YORK
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010027
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-08-15
ReturnHeader/Officer/Name0OLUKEMI ILESANMI
ReturnHeader/Officer/Phone07185740798
ReturnHeader/Officer/Title0EXEC DIRECTOR

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$280,918
Liabilities
$110,662
Net assets
$170,256
Revenue
-
Expenses
$199,127
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.19$0.08$9.11$2.42$2.88$0.45
2023Detailed filing. Detailed filing data is available for this year.$9.70$0.15$9.55$5.73$2.68$3.06
2022Detailed filing. Detailed filing data is available for this year.$6.60$0.24$6.36$1.82$2.03$0.21
2021Detailed filing. Detailed filing data is available for this year.$6.74$0.09$6.65$5.18$1.95$3.22
2020Detailed filing. Detailed filing data is available for this year.$3.58$0.18$3.39$2.49$1.24$1.25
2019Summary only. Only limited summary data is available for this year.$2.17$0.03$2.14$1.91$1.05$0.86
2018Summary only. Only limited summary data is available for this year.$1.32$0.03$1.29$1.17$0.77$0.40
2017Detailed filing. Detailed filing data is available for this year.$0.91$0.03$0.88$0.92$0.73$0.19
2016Summary only. Only limited summary data is available for this year.$0.72$0.03$0.69$0.87$0.64$0.24
2015Summary only. Only limited summary data is available for this year.$0.46$0.01$0.45$0.56$0.45$0.11
2014Summary only. Only limited summary data is available for this year.$0.34$0.00$0.34$0.36$0.39$0.03
2013Summary only. Only limited summary data is available for this year.$0.39$0.02$0.37$0.49$0.30$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.11$0.17$0.20
2012Summary only. Only limited summary data is available for this year.$0.28$0.11$0.17$0.22$0.20$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.04$0.15$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.08$0.04$0.03