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SHED NYC INC
NEW YORK, NY · EIN 900884353 · Form 990 · FY2024 · NTEE A20 · Arts, Culture & Humanities · Large ($10M-$50M)
revenue
$32.8M
expenses
$41.8M
net assets
$448.3M
employees
1,188
volunteers
367
program ratio
74%
mission · from form 990

WE PRODUCE AND WELCOME INNOVATIVE ART AND IDEAS, ACROSS ALL FORMS OF CREATIVITY, TO BUILD A SHARED UNDERSTANDING OF OUR RAPIDLY CHANGING WORLD AND A MORE EQUITABLE SOCIETY.

profile · synthesized from sources

SHED NYC INC is a cultural institution in New York City that produces and presents innovative art and ideas across disciplines. It commissions and exhibits new works by established and emerging artists, with a focus on socially engaged programming that reaches communities historically underserved by major Manhattan cultural organizations. The organization operates through multidisciplinary exhibitions, live performances, and community partnerships.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $6.64M
    VISUAL ARTS PROGRAMMING VISUAL ARTS PROGRAMMING CONSISTS OF A SERIES OF EXHIBITIONS FEATURING NEW WORKS COMMISSIONED BY THE SHED FROM A RANGE OF BOTH ESTABLISHED AND EARLY-CAREER ARTISTS. LUNA LUNA: FORGOTTEN FANTASY (NOVEMBER 20, 2024 - MARCH 16, 2025): LUNA LUNA BRINGS A SPECTACULAR SHOWCASE OF THE WORLD'S FIRST ART AMUSEMENT PARK TO THE SHED. THE BRAINCHILD OF ARTIST ANDRE HELLER, LUNA LUNA FIRST OPENED ITS FAIRGROUND IN 1987 IN HAMBURG, GERMANY. BY A TWIST OF FATE, THE PARK'S TREASURES WERE FORGOTTEN IN STORAGE IN TEXAS FOR 36 YEARS. WITH A BLOCKBUSTER SHOWING IN LOS ANGELES IN DECEMBER 2023, LUNA LUNA: FORGOTTEN FANTASY RESURRECTED THESE ARTWORKS, TO AUDIENCES' DELIGHT. THIS EXHIBITION INVITES VISITORS INTO A COLORFUL, RIOTOUS FUN HOUSE OF CARNIVAL RIDES AND ATTRACTIONS BY VISIONARY ARTISTS OF THE 20TH CENTURY INCLUDING JEAN-MICHEL BASQUIAT, ARIK BRAUER, SALVADOR DALI, SONIA DELAUNAY, MONIKA GILSING, KEITH HARING, ANDRE HELLER, DAVID HOCKNEY, ROY LICHTENSTEIN, AND KENNY SCHARF. THE MULTIDISCIPLINARY, MULTISENSORY EXPERIENCE WILL ALSO FEATURE SPECIAL CONCERTS AND ACTIVATIONS WITH PERFORMING ARTISTS TO BE ANNOUNCED.
  2. #2 $3.73M
    CIVIC PROGRAMMING BY CREATING SOCIALLY-ENGAGED WORK IN PARTNERSHIP WITH LOCAL COMMUNITIES, THE SHED'S CIVIC PROGRAM DEVELOPS NEW AVENUES TO ENGAGEMENT FOR ARTISTS AND AUDIENCES WHO HAVE HISTORICALLY BEEN UNDERSERVED BY LARGE MANHATTAN-BASED CULTURAL ORGANIZATIONS. OPEN CALL 2023/2024 GROUP EXHIBITION (NOVEMBER 4, 2023 - JANUARY 21, 2024): THE OPEN CALL 2023 GROUP EXHIBITION FEATURED NEW ARTWORKS BY EMERGING NYC ARTISTS WHO INTERSECT THEIR PERSONAL STORIES WITH GLOBAL HISTORY, PROPOSING CARE- AND COMMUNITY-BASED RESPONSES TO THE URGENT ISSUES OF OUR TIME. THE EXHIBITION PRESENTED THE WORK OF ARTISTS SELECTED AS PART OF OPEN CALL, A LARGE-SCALE COMMISSIONING PROGRAM FOR EARLY-CAREER, NYC-BASED ARTISTS. OPEN CALL ARTISTS WHO PRESENTED IN THE EXHIBITION INCLUDE MINNE ATAIRU, JAKE BRUSH, CATHY LINH CHE & CHRISTOPHER RADCLIFF, (SEE ON SCHEDULE O)
named programs · 4 · from sources

What they call their work

Civic Programming
Community-engaged initiatives that partner with local groups to expand access for underserved artists and audiences; includes the Open Call commissioning program for NYC-based early-career artists.
Live Performance Programming
Annual series of performances across disciplines by emerging and established artists, emphasizing genre diversity and artistic experimentation.
Open Call
Large-scale commissioning program for early-career, NYC-based artists that supports the creation of new artworks integrating personal narratives with global themes and community care.
Visual Arts Programming
Series of exhibitions featuring new, commissioned works by established and early-career artists, including large-scale shows like Luna Luna: Forgotten Fantasy showcasing art from visionary 20th-century artists.
activities · 3 groups

What they do

  • Curated Art Exhibitions and Public Displays 1 activity
    • Hosts large-scale visual arts exhibitions featuring commissioned works by established and emerging artists
      Produces major visual arts exhibitions, including "Luna Luna: Forgotten Fantasy" (Nov 2024–Mar 2025) with works by Jean-Michel Basquiat, Keith Haring, and Salvador Dali, and the Open Call 2023/2024 Group Exhibition featuring new commissions from early-career NYC artists addressing social issues. The organization spent $6,635,085 on visual arts programming in 2024.
  • Democracy and Civic Engagement Support 1 activity
    • Implements civic programming initiatives
      Conducts civic programming focused on community engagement and public discourse, with $3,728,390 spent on these initiatives in 2024.
  • Live Music Performances & Concerts 1 activity
    • Presents annual live performance series across disciplines with established and emerging artists
      Produces an annual live performance series emphasizing genre diversity, artistic experimentation, and audience experience, featuring works by both established and emerging artists. The organization spent $8,531,833 on live performance programming in 2021.
financials · form 990 · fy2024
revenue
Total revenue$32.77M
Contributions & grants$15.95M49%
Program service revenue$7.96M24%
Investment income$-7K-0%
Other revenue$8.86M
expenses
Total expenses$41.79M
Program expenses74%
Admin / overhead18%
Fundraising7%
Salaries & benefits$14.21M
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$527.32M
Cash$5.85M
Investments$0
Liabilities$78.98M
Net assets$448.34M
Liquid reserves1.7 mo
4 years on record · 2020–2024 · YoY revenue -45.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 16
NameTitleHours/wkCompensation
MEREDITH HODGES CEO 40 $791K
ALEXANDER POOTS ARTISTIC DIRECTOR 40 $527K
PETER GEE CHIEF FINANCIAL OFFICER 40 $380K
ABDUL YOUNIS CHIEF EXECUTIVE PRODUCER 40 $363K
MANUEL BEJARANO CHIEF PEOPLE OFFICER 40 $211K
JOSH PHAGOO OPERATING ENGINEER 40 $201K
MARYANN JORDAN FORMER CHIEF OPERATING OFFICER 0 $191K
ADAM GAGAN DIRECTOR of FACILITIES 40 $186K
LAURA ASWAD PRODUCER 40 $185K
JENNIFER SUNSHINE SENIOR DIRECTOR OF DEVELOPMENT 40 $183K
REGINA DYCHES DIRECTOR OF STRATEGIC PARTNERSHIPS 40 $177K
DARREN BIGGART DIRECTOR OF CIVIC PROGRAMS 40 $166K
JEFFREY LEVINE CHIEF MARKETING & COMM OFFICER (END. 05/2024) 40 $139K
BRENT RADEKE CHIEF DEVELOPMENT OFFICER (BEG. 07/2024) 40 $120K
ROBERT MOHLER CHIEF DEVELOPMENT OFFICER (END. 03/2024) 40 $72K
LARAE FERRY CHIEF MARKETING & BRAND OFFICER (BEG. 11/2024) 40 $34K
board members · 9
  • ANDRES SANTO DOMINGO — DIRECTOR
  • ANN SARNOFF — DIRECTOR
  • CHRISTINA WEISS LURIE — DIRECTOR
  • CLAUDIA RANKINE — DIRECTOR
  • COLBY MUGRABI — DIRECTOR
  • DANIEL L DOCTOROFF — FOUNDING CHAIR
  • DARLA MOORE — DIRECTOR
  • DAVID DRAHI — DIRECTOR
  • DEAN SHAPIRO — DIRECTOR
relationships · 1

Who they work with

  • Open Call Partner — Large-scale commissioning program for early-career, NYC-based artists that selects participants for exhibitions and public presentations.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Artist Commissioning Model
    methodology: artist_commissioning_model
    By commissioning new visual artworks from both established and early-career artists, SHED NYC supports artistic innovation and career development, because direct investment in artists’ creative production fosters professional growth and diversifies the contemporary art landscape.
  • Civic Engagement Through Local Partnerships
    methodology: civic_engagement_through_local_partnerships
    By developing socially-engaged art projects in partnership with local communities, SHED NYC expands cultural access and audience engagement for historically underserved artists and audiences, because collaboration with community stakeholders ensures relevance, inclusion, and shared ownership of artistic initiatives.