Rocky Neck Art Colony Inc

Organization Overview

Rocky Neck Art Colony Inc is located in Gloucester, MA. The organization was established in 1999. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2021, Rocky Neck Art Colony Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Neck Art Colony Inc 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 10/2021, Rocky Neck Art Colony Inc generated $127.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $136.3k during the year ending 10/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO NURTURE EXCELLANCE IN THE VISUAL ARTS AND TO CELEBRATE THE ARTISITIC CULTURE OF ROCKY NECK PROVIDING OPPORTUNITIES FOR PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTAINING GALLERIES TO SHOW THE ARTWORK OF THE CAPE ANN AREA, HOLD DEMONSTRATIONS BY LOCAL ARTISTS AND HAVE SPECIAL JURIED ART SHOW, SERVE AS FISCAL SPONOSOR FOR RELATED ACTIVITY.


ARTIST-IN-RESIDENCY GRANTS PROVIDING STUDIO SPACE FOR QUALIFYING ARTISTS. THE ARTISTS PRESENT AND DISCUSS THEIR WORK AT THE END OF THEIR RESIDENCY.


HEIGHTENING THE PUBLIC'S AWARENESS OF THE ROCKY NECK AND CAPE ANN COMMUNITY THROUGH PUBLISHING BROCHURES AND PLACING ADVERTISEMENTS IN LOCAL AND REGIONAL PUBLICATIONS AND SPONSORING A LOCAL ARTS AND CULTURAL INITIATIVE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$25,275
Fundraising events$0
Related organizations$0
Government grants $17,700
All other contributions, gifts, grants, and similar amounts not included above$53,111
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$96,086
Total Program Service Revenue$30,048
Investment income $240
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $835
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $127,209

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Rocky Neck Art Colony Inc has recieved totaling $22,225.

Awarding OrganizationAmount
Theda And Tamblin Clark Smith Family Foundation Inc

neenah, WI

PURPOSE: WORKSHOPS AND ART EDUCATION FOR ALL

$12,198
The Jebediah Foundation

Boston, MA

PURPOSE: CONTRIBUTION TO CULTURAL

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$27
View Grant Recipient Profile

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