Lower Manhattan Cultural Council Inc logo

Lower Manhattan Cultural Council Inc

NEW YORK, NY EIN: 23-7348782 Website

Lower Manhattan Cultural Council (LMCC) is a 501(c)(3) arts organization located at 125 Maiden Lane, 2nd Floor, New York, NY 10038. Founded in 1973, LMCC serves as a champion for independent artists in New York City and the cultural life force of Lower Manhattan. The organization operates with 24 employees and serves artists and community through residencies, grant funding, and free public programming across visual, performing, and new media arts disciplines.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.6M

+15.1% YoY

Annual Giving

$698K

+18.1% YoY

Grant Count

83

+7.8% YoY

Avg Grant Size

$8K

+9.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To create a fertile and nurturing environment for artists and arts groups, enlivening public spaces with free programs in the visual, performing, and new media arts, and to provide leadership in cultural planning and advocacy.

Vision: New York City as a place in which artists and community in dialogue are creating a more just, equitable, and sustainable society.

Core Values: LMCC believes artists are critical to a healthy society as agents of change and new ideas. The organization acknowledges structural inequities and is committed to centering equity, diversity, and inclusion.

Primary Activities:

  • Artist residencies providing free workspace, professional development, financial training, and networking opportunities
  • Grant funding to support artists and arts organizations
  • Free public programs including symposia, conferences, public art exhibits, performances, and film screenings
  • Studio residency program serving artists, writers, and art groups working in diverse media and genres

Grantmaking

LMCC administers grants through multiple programs:

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Geographic Focus

Where this funder awards grants

LMCC primarily serves Manhattan-based artists and arts organizations, with particular focus on Lower Manhattan and Upper Manhattan. The organization operates the Arts Center at Governors Island, which hosts residency programs.

Grant Distribution by State

4states

Cities

ApalachicolaBronxBrooklynHartsdaleNew YorkNorth BergenStaten IslandTowsonWarwickWest Palm Beach

Financial History

Multi-year comparison from IRS filings

As of June 2024:

  • Total Assets: $10.6 million
  • Total Revenue: $6.08 million
  • Total Expenses: $5.48 million
  • Total Liabilities: $1.87 million

As of June 2023:

  • Total Assets: $9.2 million
  • Total Revenue: $5.0 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
Total Assets$10,552,637$9,170,086$9,889,448
Revenue$6,081,156$5,022,154$4,461,109
Expenses$5,483,675$5,415,486$4,961,913
Qualifying Distributions
Net Investment Income$284$591$953
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$180K$360K$541K$721K100 grants202075 grants202164 grants202277 grants202383 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AGM THEATER COMPANY INC$8KANKHLAVE ARTS ALLIANCE INC$8KAROUND THE BLOCK INC$8KAUTISM COMMUNITY THEATRE…$8KBALAM DANCE THEATRE$8KBROOKLYN ARTS EXCHANGEBAX$8KCENTER FOR ART TRADITION…$8KCENTER FOR TRADITIONAL M…$8KCERDDORION VOCAL ENSEMBLE$8KCLARK CENTER NYC$8K

Grant Size Distribution

250 grants across all recorded years

250<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

12 open opportunities from Lower Manhattan Cultural Council Inc

Show all 12 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CRAIG PETERSONFORMER PRESIDENT & CEO$200KMOHAMMAD YOUSUFINTERIM PRESIDENT & CEO (FRM…$112K

From 2024 filing

NameTitleHoursCompensation
CRAIG SCHWITTERBOARD CHAIR, EXECUTIVE COMMITTEE CHAIR3
SUJOHN SARKARVICE CHAIR,3
FRANCIS GREENBURGERTREASURER3
BRUCE EHRMANNMEMBER3
EKENE EZULIKEMEMBER3
ADAM MEISTERMEMBER3
R SARAH RICHARDSONMEMBER3
MATTHEW VAN BURENMEMBER3
JAMES DONAGHYMEMBER3
BENNET DUNKLEYMEMBER3
TERRY HUDAKMEMBER3
ANITA LAREMONTMEMBER3
HAL STEINMEMBER3
GEOFFREY BOULTERMEMBER3
EDDIE OPARAMEMBER3
SHARON ULLMANMEMBER3
JOLENE YEATSMEMBER3
ERIC MUNSONMEMBER3
ANNA RAGINSKAYAMEMBER3
JOHN MCGINLEYMEMBER3
TIMUR GALENFORMER CHAIR3
KIMBERLY BROWN BLACKLOWFORMER VICE CHAIR, SECRETARY3
MARCIA CABANAFORMER MEMBER3
MICHAEL ASHWORTHFORMER MEMBER3
JAY BERMANFORMER MEMBER3
SUSAN BOYLEFORMER MEMBER3
SHARI HYMANFORMER MEMBER3
DAVID JANSENFORMER MEMBER3
MEREDIT KANEFORMER MEMBER3
RICHARD MINESFORMER MEMBER3
BRIAN SALUZZOFORMER MEMBER3
ALEJANDRO PEREZFORMER MEMBER3
CRAIG PETERSONFORMER PRESIDENT & CEO35$199,840
MOHAMMAD YOUSUFINTERIM PRESIDENT & CEO (FRM VP OF IA)35$111,780

Recent News & Activity

Recent developments and announcements

2023

LMCC celebrated 50 years of service in 2023, marking five decades of serving the Manhattan community through art. The organization continues to expand its programming and residency opportunities, including the Arts Center at Governors Island, which hosts artists in residence programs such as "Process Space" and other artist development initiatives.

Lower Manhattan Cultural Council Announces 2025 Opportunities For Artists
2025

In 2025, LMCC announced new opportunities for artists and organizations, continuing its commitment to supporting the creative community in New York City.

Lower Manhattan Cultural Council Announces 2025 Opportunities For Artists

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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