Arts Business Collaborative

Providing access to capital, networks, and technical knowledge for BIPOC individuals and institutions in the creative economy

aka ABC   |   Long Island City, NY   |  www.artsbusinesscollaborative.org

Mission

ABC is a 501(c)3 technical assistance and research organization committed to improving the quality of life of people of color through the arts and STEAM (science, technology, engineering, arts, and math). Our programs focus on the underlying factors that affect quality of life for people of color: access to capital, access to networks, access to training, and entrepreneurship.

Ruling year info

2018

CEO

Kat Bloomfield

Main address

31-00 47th Avenue Suite 3100

Long Island City, NY 11101 USA

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EIN

83-2173068

NTEE code info

Nonprofit Management (S50)

Management & Technical Assistance (A02)

Management & Technical Assistance (U02)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2019.
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Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grassroots Action Project (GAP)

The Grassroots Action Project (GAP) is a comprehensive capacity-building ecosystem that promotes workforce development and economic growth in communities of color. Consisting of four distinct initiatives: the Arts Business Network (ABN); Fiscal Sponsorship Plus (FS+); and the 100% free technical assistance through the ABC Help Desk for which we are known. GAP ensures that nonprofits and social enterprises that are led by Black, Indigenous, and Latinx people of color (POC), serve 51% or more POC and operate with a budget less than $2 million (or fewer than 20 employees for social enterprises) are able to thrive in the creative economy.

1. ABN: a roster of 15 capacity builders of color that provide additional services like accounting, social media strategy and management, strategic planning, executive coaching and leadership development, event production, DEI (diversity, equity, and inclusion) workshops, and Salesforce database administration, etc.

2. FS+: in addition to traditional fiscal sponsorship, ABC offers 2 hours of subsidized technical assistance and a funder introduction each quarter.

3. ABC Help Desk: teaching BPOC entrepreneurs, artists, and leaders how to raise funds, manage their finances, recruit and develop board-level leaders, and build and market their programs through free webinars, one-on-one consulting sessions, and open office hours.

Through GAP, we literally stand in the network, skills, and funding gap between communities and artists of color and their cultural institutions, and the larger economic and social landscape.

Population(s) Served
Ethnic and racial groups
Economically disadvantaged people

Rising Tides Research Institute (RTRI) is an action-oriented research department that conducts projects which contribute to progressive and radical public policies that address the enduring systems of inequalities that have impacted POC, Black people in particular, with a focus on key stakeholders in the arts: artists, business owners, and nonprofit organizations. Additionally, RTRI strategically uses research to support the development of relevant, partner-facing programming capable of adapting to change.

RTRI operates tactically and strategically from the values of integrity and innovation. This means that our systems and processes aim for a highly integrated and designed via a racial equity framework.

RTRI’s departmental vision for impact involves contributing to progressive and radical public policies and methods for advocacy. RTRI envisions its research as an avenue through which to address issues of capital access and facilitate the improvement of economic conditions of POC artists and arts businesses.

Population(s) Served
Ethnic and racial groups
Economically disadvantaged people

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

Arts Business Collaborative
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Arts Business Collaborative

Board of directors
as of 5/4/2021
SOURCE: Self-reported by organization
Board chair

Anibel Sauls

Northern Trust

Term: 2018 - 2022

Michael Eaton

Cooke School and Institute

Tatum Turner

DotDash

Sophia Garcia

Con Edison

Akil Davis

Curnes Financial Group

Kat Bloomfield

Arts Business Collaborative

Anibel Sauls

Northern Trust

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 05/04/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American/African
Gender identity
Non-binary
Sexual orientation
Gay, Lesbian, Bisexual, or other sexual orientations in the LGBTQIA+ community
Disability status
Decline to state

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

No data

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 05/04/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.