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New York · Nonprofit

PAINTING SPACE 122 INC

PAINTING SPACE 122 INC (New York) receives grants from 2 organizations whose IRS filings report $20,500 to it, the largest being SHELLEY & DONALD RUBIN FOUNDATION ($15,000). 0 of them have funded it in more than one year.

Revenue FY2025
$188k
Funders on record
2
Grants received
$21k
Net assets
$8k
0/2 repeat funderspeak grant-dependency 9%
01What it does

What Painting Space 122 Inc does

Mission

None

As stated on its FY2025 Form 990.

Programs

  1. To foster and develop the arts by sponsoring public art exhibitions of, & providing rotating studio space for, unknown but promising artists selected after public advertising by an indpendent jury of known art professionals

    $46,859 spent
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $46,859.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 0 ($0) Expenses 100 ($2k) Net assets 100 ($14k)2018 Revenue 0 ($0) Expenses 561 ($14k) Net assets -3 ($-417)2019 Revenue 100 ($122k) Expenses 3960 ($99k) Net assets 165 ($22k)2020 Revenue 142 ($173k) Expenses 5875 ($146k) Net assets 359 ($49k)2021 Revenue 127 ($154k) Expenses 6296 ($157k) Net assets 339 ($46k)2022 Revenue 136 ($165k) Expenses 6242 ($156k) Net assets 408 ($55k)2023 Revenue 167 ($203k) Expenses 8089 ($202k) Net assets 420 ($57k)2024 Revenue 151 ($183k) Expenses 9053 ($226k) Net assets 109 ($15k)2025 Revenue 155 ($188k) Expenses 7815 ($195k) Net assets 59 ($8k)
'17'18'19'20'21'22'23'24'25
Revenue (155)Expenses (7815)Net assets (59)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $74k to $32k (−56%).

$14k
$10k
$46k
$69k
$70k
$75k
$74k
$32k
$29k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 14% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.

0% of PAINTING SPACE 122 INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$2k
’17
−$14k
’18
$23k
’19
$26k
’20
−$3k
’21
$9k
’22
$2k
’23
−$42k
’24
−$7k
’25
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed222333333
Joined····+1+0+0+0+0
No longer listed····10000
03Who funds it

Who funds it, year by year

2020 → 2021: the base held at 1 funder, grant income fell $15k → $6k.

From the IRS filings of PAINTING SPACE 122 INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PAINTING SPACE 122 INC leans on a few funders — its largest provides 73% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

73%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

73% of PAINTING SPACE 122 INC's grant income comes from New York funders.

NY
DE

In-state vs out-of-state, by year

’20
’21
New York out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PAINTING SPACE 122 INC has grown faster than half of the 11,634 arts & culture nonprofits its size.

Operating margin−4% · below the median
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like PAINTING SPACE 122 INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

24% of spending goes to programs.

Program 24%Management 75%Fundraising 1%

Governance

0
board members
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for PAINTING SPACE 122 INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PAINTING SPACE 122 INC?
PAINTING SPACE 122 INC (New York) receives grants from 2 organizations whose IRS filings report $20,500 to it, the largest being SHELLEY & DONALD RUBIN FOUNDATION ($15,000). 0 of them have funded it in more than one year.
How many funders does PAINTING SPACE 122 INC have?
IRS filings report 2 organizations giving $20,500 in grants to PAINTING SPACE 122 INC.
Who is the largest funder of PAINTING SPACE 122 INC?
SHELLEY & DONALD RUBIN FOUNDATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like PAINTING SPACE 122 INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Painting Space 122 →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing