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Chashama Inc

EIN 13-3862422 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak36 out of 100GovernanceGood78 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SINCE 1995, CHASHAMA HAS REVITALIZED OVER 90 PROPERTIES, PROVIDING INVALUABLE OPPORTUNITIES TO MORE THAN 12,000 ARTISTS. CHASHAMA EMPOWERS ARTISTS AT ANY STAGE OF THEIR CAREER WITH AFFORDABLE SPACE TO CREATE AND PRESENT. CHASHAMA ALSO BRINGS VIBRANT, ARTISTIC PROGRAMMING TO AUDIENCES OF ALL AGES AND BACKGROUNDS BY ANNUALLY PRESENTING OVER 130 FREE, PUBLIC EVENTS TO DIVERSE NEIGHBORHOODS THROUGHOUT NEW YORK CITY. CHASHAMAS WORKSPACE PROGRAM PROVIDES LOW-COST ARTIST STUDIOS IN A PROFESSIONALLY, SUPPORTIVE, CREATIVE ENVIRONMENT. OUR PRESENTATION PROGRAM HELPS ARTISTS FULLY REALIZE THEIR CREATIVE VISIONS THROUGH EXHIBITION AND PERFORMANCE SPACE. WITH PROFESSIONAL DEVELOPMENT WORKSHOPS, VISITING CURATOR OPPORTUNITIES, AND FINANCIAL, LOGISTICAL AND MARKETING SUPPORT, WE INVEST IN ARTISTS, INCREASING THEIR PROSPECTS FOR SUCCESS.

Income
$2.3 million
Spending
$2.4 million
Spent on programs
51%
Reserves
-0.9 months of spending
Largest source of income
donations and private grants, 40%
Employees
9
Volunteers
35
Highest pay
$53,927, director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 36 out of 100. Higher than 8% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    5 of 20

    It owes 71% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    15 of 15

    Income rose 15% on the year before.

  • Spending floor

    8 of 15

    51% of spending went to programs and raising each dollar of donations cost 36 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 78 out of 100. Higher than 29% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    11 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 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 (7)
  1. $367,094 spent. SPACE TO CREATE GIVES ARTISTS AFFORDABLE STUDIO SPACE. ITS ONE OF THE LARGEST SUBSIDIZED STUDIO RESIDENCY PROGRAMS IN NEW YORK, IT ALSO PROVIDES ARTISTS WITH ANNUAL OPEN STUDIO EVENTS AND ACCESS TO MATERIALS FOR THE ARTS. WE CURRENTLY HAVE 139 STUDIOES ACROSS THE CITY, 95 OF WHICH ARE LOCATED AT OUR HUB AT THE HISTORIC BROOKLYN ARMY TERMINAL.
  2. $612,712 spent. SPACE TO PRESENT PROVIDES FREE PRESENTATION SPACES TO PERFORMERS, VISUAL ARTISTS, AND CURATORS. IN FY25 WE PROVIDED 678 ARTISTS WITH THE OPPORTUNITY TO PRESENT 266 EVENTS IN PROFESSIONAL, HIGHLY VISIBLE VENUES THROUGHOUT NEW YORK. OUR PROGRAM NURTURES EXCELLENCE IN THE PRESENTATION OF INNOVATIVE, CULTURALLY DIVERSE ART AND EXPANDS THE PUBLICS ACCESS TO QUALITY ARTISTIC PRESENTATION.
  3. $143,139 spent. SPACE TO CONNECT COLLABORATES WITH SOCIAL SERVICE ORGANIZATIONS TO CREATE HIGH QUALITY FREE ARTS PROGRAMMING FOR UNDER-RESOURCED COMMUNITIES IN THE BRONX, WASHINGTON HEIGHTS, AND QUEENS. LAST YEAR WE PROVIDED 89 FREE CLASSES TO 696 PARTICIPANTS.
  4. $75,617 spent. CHANORTH IS CHASHAMAS INTERNATIONAL RESIDENCY PROGRAM, LOCATED IN PINE PLAINS, NEW YORK SINCE 2006. AT CHANORTH, WE HOLD 6 SESSIONS FROM MAY TO OCTOBER, AND WEVE SERVED OVER 675 ARTISTS.
  5. $6,842 spent. STOREFRONT STARTUP IS CHASHAMAS PROGRAM TO SUPPORT SMALL BUSINESS WITH SUBSIDEZED POP-UP STOREFRONTS TO RESTORE FINANCIAL STABILITY, BRINGING COMMERCE, BEAUTY, AND HOPE TO NYC.
  6. CHANORTH IS CHASHAMAS INTERNATIONAL RESIDENCY PROGRAM, 75617. 0. 45340.
  7. STOREFRONT STARTUP IS CHASHAMAS PROGRAM TO SUPPORT 6842. 0. 0.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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 October 13, 2026.

  2. 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 October 13, 2026.

  3. 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 October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1996.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 21, 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.