Essex Art Association Incorporated
- Assets
- $312.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Essex, CT
- Founding
- 06/1969
- Data as of
- 12/2019
- EIN
- 06-0664249
Organization Overview
Essex Art Association Incorporated is located in Essex, CT. The organization was established in 1969. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Essex Art Association Incorporated 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 12/2019, Essex Art Association Incorporated generated $50.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $40.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 5 years. 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
2019
Describe the Organization's Program Activity:
Part 3
ART SHOWS ARE HELD FOR ARTISTS OF ALL KINDS INCLUDING STUDENTS. AWARDS AND SCHOLARSHIPS ARE GIVEN TO ARTISTS AND TO STUDENT ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Malin Treasurer | 5 | $0 | |
Chip Rutan President | 5 | $0 | |
Peggy Price Secretary | 1 | $0 | |
Elin Dolle Director | 1 | $0 | |
Ellen Gaube Director | 1 | $0 | |
Pam Carlson Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,953 |
| Total Program Service Revenue | $23,776 |
| Membership dues | $11,645 |
| Investment income | $10,299 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,673 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,980 |
| Occupancy, rent, utilities, and maintenance | $8,618 |
| Printing, publications, postage, and shipping | $2,127 |
| Other expenses | $21,202 |
| Total expenses | $40,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $306,706 |
| Other assets | $0 |
| Total assets | $312,872 |
| Total liabilities | $249 |
| Net assets or fund balances | $312,623 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Consensus Building Institute Inc Cambridge, MA | $9,333,296 | $7,559,086 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |
Guild Hall Of East Hampton Inc East Hampton, NY | $35,896,554 | $17,394,413 |
City Lore Inc New York, NY | $1,966,661 | $4,516,520 |
New Haven International Festival Of Arts & Ideas Inc New Haven, CT | $2,354,201 | $4,042,570 |
Restart Factory Inc New York, NY | $6,049,280 | $3,828,840 |
Worcester Center For Performing Arts Inc Worcester, MA | $9,482,034 | $7,443,487 |
Norwalk Art Space Inc New York, NY | $124,938 | $3,539,843 |