Rutland Area Art Association
- Assets
- $437.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rutland, VT
- Founding
- 06/1967
- Data as of
- 12/2022
- EIN
- 03-0212900
Organization Overview
Rutland Area Art Association is located in Rutland, VT. The organization was established in 1967. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rutland Area Art Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Rutland Area Art Association generated $176.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $143.3k during the year ending 12/2022. While expenses have increased by 9.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE RUTLAND AREA ART ASSOCIATION, INC IS TO NUTURE THE ESSENTIAL RELATIONSHIP BETWEEN THE ARTS AND OUR COMMUNITY THROUGH EXHIBITION, EDUCATION, AND COLLABORATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary-Rachel Voity President | 5 | $0 | |
Sal Vitagliano Vice President | 5 | $0 | |
Jennifer Fucile Treasurer | 5 | $0 | |
Jennifer Rondinone Secretary | 5 | $0 | |
Glenn Scott Board Member | 5 | $0 | |
Susan Wacker Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,223 |
| Total Program Service Revenue | $99,355 |
| Membership dues | $5,580 |
| Investment income | $451 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $176,609 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,671 |
| Professional fees and other payments to independent contractors | $7,370 |
| Occupancy, rent, utilities, and maintenance | $31,333 |
| Printing, publications, postage, and shipping | $18 |
| Other expenses | $44,894 |
| Total expenses | $143,286 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,606 |
| Other assets | $0 |
| Total assets | $437,628 |
| Total liabilities | $136,217 |
| Net assets or fund balances | $301,411 |