The Laundromat Project Inc.

Mission

The Laundromat Project advances artists and neighbors as change agents in their own communities through artist residencies, fellowships, and community engagement.

BROOKLYN NY | EIN: 87-0753479

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501(c)(3) organization

1476 FULTON ST,
BROOKLYN NY 11216-2505

https://www.laundromatproject.org/

718-574-0798

The Laundromat Project Inc.

Mission

The Laundromat Project advances artists and neighbors as change agents in their own communities through artist residencies, fellowships, and community engagement.

BROOKLYN NY | EIN: 87-0753479

Is this your nonprofit?

This charity has not opted into the donation platform. Donations via the Giving Basket will still reach the charity.

501(c)(3) organization

1476 FULTON ST,
BROOKLYN NY 11216-2505

https://www.laundromatproject.org/

718-574-0798

Beacon Report

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Additional Information

Program Expense Ratio:68.80% of total expenses

SCORE94%

Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit.

ExpensesFY2022

Administrative: 19.3%
Fundraising: 10.9%
Program: 69.8%

ExpensesFY2023

Administrative: 19.0%
Fundraising: 12.4%
Program: 68.6%

ExpensesFY2024

Administrative: 20.7%
Fundraising: 11.0%
Program: 68.3%

Administrative
Fundraising
Program

Source: Public data from IRS Form 990

Liabilities to Assets Ratio:0.83% of total assets

SCORE100%

Working Capital:3.60 years of reserves

SCORE100%

Fundraising Efficiency:$0.09 to raise a dollar

SCORE100%

Evaluation area metrics
Score	Metric
94%	Program Expense Ratio:68.80% of total expenses Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit. ExpensesFY2022 Administrative: 19.3% Fundraising: 10.9% Program: 69.8% ExpensesFY2023 Administrative: 19.0% Fundraising: 12.4% Program: 68.6% ExpensesFY2024 Administrative: 20.7% Fundraising: 11.0% Program: 68.3% Administrative Fundraising Program Source: Public data from IRS Form 990
100%	Liabilities to Assets Ratio:0.83% of total assets
100%	Working Capital:3.60 years of reserves
100%	Fundraising Efficiency:$0.09 to raise a dollar

Science behind the numbers

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Mission

Mission

Beacon Report