Ridgefield Guild Of Artists
- Assets
- $137.6k
- Revenue
- $176.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Ridgefield, CT
- Founding
- 05/1980
- Data as of
- 12/2022
- EIN
- 06-0987554
Organization Overview
Ridgefield Guild Of Artists is located in Ridgefield, CT. The organization was established in 1980. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Ridgefield Guild Of Artists employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ridgefield Guild Of Artists 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, Ridgefield Guild Of Artists generated $176.7k 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 (3.4%) each year. All expenses for the organization totaled $163.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF ARTISTIC TALENT IN THE COMMUNITY AND TO STIMULATE INTEREST IN VISUAL ARTS MEMBERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSES
ART SALES
MEMBERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Stoddart Executive Director | 30 | $27,600 | |
Mary Harold Vice-President | Officer | 10 | $3,750 |
Karyn Moroney Treasurer | Officer | 2 | $1,830 |
Cindi Mullins Co-Creative Director/secretary | Officer | 3 | $0 |
Mary Pat Devine President | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,583 |
| Related organizations | $0 |
| Government grants | $18,713 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,818 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,114 |
| Total Program Service Revenue | $115,493 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $176,651 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,600 |
| Compensation of current officers, directors, key employees. | $27,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,017 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,512 |
| Advertising and promotion | $796 |
| Office expenses | $3,002 |
| Information technology | $10,912 |
| Royalties | $0 |
| Occupancy | $18,397 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,383 |
| All other expenses | $0 |
| Total functional expenses | $163,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,943 |
| Savings and temporary cash investments | $15,704 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $137,647 |
| Accounts payable and accrued expenses | $37,236 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,236 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $100,411 |
| Total liabilities and net assets/fund balances | $137,647 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ridgefield Guild Of Artists has recieved totaling $1,780.
| Awarding Organization | Amount |
|---|---|
Goldstone Family Foundation Ridgefield, CT PURPOSE: GENERAL USE | $1,000 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $780 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Whitney Museum Of American Art New York, NY | $937,771,000 | $113,143,000 |
Solomon R Guggenheim Foundation New York, NY | $240,294,871 | $73,166,662 |
Brooklyn Institute Of Arts And Sciences Brooklyn, NY | $388,418,074 | $82,546,120 |
Sterling & Francine Clark Art Inst Williamstown, MA | $670,367,352 | $8,296,004 |
Frick Collection New York, NY | $548,300,043 | $37,986,909 |
Isabella Stewart Gardner Museum Inc Boston, MA | $347,979,013 | $30,352,820 |
Buffalo Fine Arts Academy Buffalo, NY | $293,134,468 | $30,844,940 |
New Museum Of Contemporary Art New York, NY | $107,362,095 | $41,908,538 |
Institute Of Contemporary Art Boston, MA | $121,321,339 | $26,427,567 |
Museum Of Arts And Design New York, NY | $100,702,289 | $12,680,439 |
Wadsworth Atheneum Museum Of Art Hartford, CT | $165,426,651 | $15,147,902 |
Neue Galerie New York New York, NY | $114,494,920 | $18,242 |