Admiral Sir Isaac Coffins Lacasterian School
- Assets
- $2.0m
- Revenue
- $89.1k
- Investments
- $946.2k
- Employees
- 0
- Location
- Nantucket, MA
- Founding
- 04/1938
- Data as of
- 12/2022
- EIN
- 04-2167469
Organization Overview
Admiral Sir Isaac Coffins Lacasterian School is located in Nantucket, MA. The organization was established in 1938. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Admiral Sir Isaac Coffins Lacasterian School 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, Admiral Sir Isaac Coffins Lacasterian School generated $89.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $122.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Admiral Sir Isaac Coffins Lacasterian School has awarded 125 individual grants totaling $289,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Davis Treasurer | 2 | $2,000 | |
William Willett Trustee | 0 | $0 | |
Steve Sheppard Trustee | 2 | $0 | |
Timothy C Psaradelis Trustee | 0 | $0 | |
Margaret Connelly Trustee | 0 | $0 | |
Lena N Civitarese Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,539 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,275 |
| Capital Gain Net Income | $28,275 |
| Net ST Capital Gain | $28,275 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $39,300 |
| Total Revenue | $89,114 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,993 |
| Depreciation | $17,063 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50,420 |
| Total operating and administrative expenses | $85,953 |
| Contributions, gifts, grants paid | $36,500 |
| Total expenses and disbursements | $122,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,002 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $946,193 |
| Net Land, buildings, and equipment | $971,973 |
| Other assets | $0 |
| Total assets | $1,990,168 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Admiral Sir Isaac Coffins Lacasterian School has awarded $36,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
PAIGE ALBERTSON PURPOSE: SCHOLARSHIP | $3,500 |
JACKIE MCGRATH PURPOSE: SCHOLARSHIP | $3,500 |
AUSTIN STARR PURPOSE: SCHOLARSHIP | $3,500 |
CAMDEN WILLETT PURPOSE: SCHOLARSHIP | $3,500 |
MARIELLE JELLEME PURPOSE: SCHOLARSHIP | $2,500 |
ANNALISA CROOKS PURPOSE: SCHOLARSHIP | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |
Marquis Studios Ltd Brooklyn, NY | $2,435,475 | $3,259,805 |