122 Community Center Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Organizations primary exempt purpose is to hold a license on a city-owned building and provide low cost rentals to sublicensee non-profit community cultural and educational organizations and services ancillary to these organizations, currently four arts organizations and an education organization.
- Income
- $660,375
- Spending
- $595,847
- Spent on programs
- 98%
- Reserves
- 1.7 months of spending
- Largest source of income
- fees for its services, 99%
- Employees
- 3
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 71 out of 100.
Reserves
10 of 35Spendable reserves would cover 1.7 months of spending.
Debt
16 of 20It owes 26% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
15 of 15Income rose 8% on the year before.
Spending floor
15 of 1598% of spending went to programs.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100.
Independent board
25 of 2511 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $584,423 spent. Since its incorporation in 1977, The 122 Community Center Inc. has maintained, managed and improved the highly visible city-owned building located at 150 First Avenue for the benefit of the five resident non-profit cultural and social services organizations and the neighborhood at large. The Center has gradually secured what now amounts to $36M in capital project funding from the City of New York to upgrade the entire building. The first phase of work began in August 2008 and is complete. The second phase; a complete gut renovation began in March 2013 and achieved a Temporary Certificate of Occupancy as of September 1, 2018.As of September 1, 2018, the five resident groups moved back into the newly renovated building and began their programming. The City of New York has fully funded a Faade Upgrade project on the two street-facing facades, to be managed by the NYC Department of Design & Construction. The bid opening is May 28, 2026. The project will take 2 years. Each stone window surround will be replaced with cast stone. Pedestal pavers will be installed on the roof terrace, and the portico on 1st Avenue will be upgraded. The five resident tenants are: Performance Space New York, a world-renowned arts organization that presents new and emerging performing artists from a diversity of cultures and points of view; Mabou Mines which develops and performs award-winning original works to a global audience; Movement Research, one of the world's leading laboratories for the investigation of dance and movement-based forms; Painting Space 122, an artist-run visual arts organization that provides not-for-profit exhibition spaces, project spaces, and studio spaces; and Alliance for Positive Change - a multi-service organization that provides comprehensive programs to help individuals and families in NYC to achieve and maintain the highest quality of life and health in the face of HIV/AIDS.In addition, 12CC maintains a LEED Gold Certification and is committed to reducing its buildings energy emissions even further.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: United Community Center Inc (Milwaukee, WI), EIN 39-1146191. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.