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NEAR WEST SIDE INITIATIVE INC
SYRACUSE, NY · EIN 205311377 · Form 990 · FY2024 · NTEE S30 · Community Improvement · Micro (<$100K)
revenue
$-908K
expenses
$1.1M
net assets
$1.5M
employees
1
program ratio
90%
mission · from form 990

THE NEAR WEST SIDE INITIATIVE, INC FUNCTIONS AS A COMMUNITY DEVELOPMENT ORGANIZATION FOR THE PURPOSE OF CREATING AND IMPLEMENTING A COMPREHENSIVE REDEVELOPMENT PLAN FOR THE NEAR WEST SIDE NEIGHBORHOOD OF THE CITY OF SYRACUSE.

profile · synthesized from sources

Community development organization focused on revitalizing the Near West Side neighborhood of Syracuse, New York. Implements a comprehensive redevelopment plan with an emphasis on arts and culture. Operates a multi-use performing arts center called Saltspace to enhance community quality of life through creative collaboration and accessible programming.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $28K
    MULTI-USE PERFORMING ARTS CENTER (SALTSPACE) DEDICATED TO ENHANCING THE QUALITY OF LIFE IN THE COMMUNITY THROUGH AN ACCESSIBLE ARTISTIC HUB FOR CREATIVE COLLABORATION AND OPPORTUNITY.
named programs · 1 · from sources

What they call their work

Saltspace
Multi-use performing arts center serving as an accessible artistic hub for creative collaboration and community opportunity in the Near West Side neighborhood of Syracuse
activities · 1 group

What they do

  • Performing Arts Venue Rental 1 activity
    • Operates multi-use performing arts center
      Operates a multi-use performing arts center named SALTSPACE to enhance community quality of life through accessible creative collaboration.
financials · form 990 · fy2024
revenue
Total revenue$-908K
Contributions & grants$0—
Program service revenue$778K—
Investment income$-1.69M—
Other revenue$0
expenses
Total expenses$1.14M
Program expenses90%
Admin / overhead10%
Fundraising0%
Salaries & benefits$66K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$3.16M
Cash$141K
Investments$0
Liabilities$1.70M
Net assets$1.47M
Liquid reserves1.5 mo
4 years on record · 2020–2024 · YoY revenue -236.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
KEITH TYSON EXECUTIVE DIRECTOR 40 $62K
board members · 5
  • BABETTE BAKER — DIRECTOR
  • LEAH RUSSELL — DIRECTOR
  • MARIA MURRAY — SECRETARY
  • MICHELLE SCZPANSKI — PRESIDENT/TREASURER
  • SHEENA SOLOMON — VICE PRESIDENT
strategies · 1

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.