Woodstock Artists Association Inc
- Assets
- $4.0m
- Revenue
- $420.9k
- Investments
- $0.0
- Employees
- 10
- Location
- Woodstock, NY
- Founding
- 01/1956
- Data as of
- 12/2022
- EIN
- 14-1369329
Organization Overview
Woodstock Artists Association Inc is located in Woodstock, NY. The organization was established in 1956. According to its NTEE Classification (A90) the organization is classified as: Arts Services, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Woodstock Artists Association Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodstock Artists Association 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 12/2022, Woodstock Artists Association Inc generated $420.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $354.4k during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FOSTER THE VISUAL ARTS, ARTS EDUCATION AND ARTISTS THROUGH DYNAMIC EXHIBITION AND PROGRAMS THAT ENRICH AND ENGAGE THE COMMUNITY AND GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPS SUPPORT AND FOSTER AN ENVIRONMENT IN WHICH ARTISTS AND THE PUBLIC'S ENJOYMENT OF THE ARTS CAN THRIVE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maxine Davidowitz Chair | OfficerTrustee | 1 | $0 |
Laurie Felber Board Member | Trustee | 1 | $0 |
Suzannah Kellner Board Member | Trustee | 1 | $0 |
Diane King Board Member | Trustee | 1 | $0 |
William Lanford Treasurer | OfficerTrustee | 1 | $0 |
Tracy Leavitt Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $253,783 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,783 |
| Total Program Service Revenue | $57,230 |
| Investment income | $18,544 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,950 |
| Net Gain/Loss on Asset Sales | $25,800 |
| Net Income from Fundraising Events | $38,085 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $20,519 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $420,911 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,170 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,343 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,946 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,732 |
| Advertising and promotion | $7,693 |
| Office expenses | $11,796 |
| Information technology | $7,460 |
| Royalties | $0 |
| Occupancy | $27,640 |
| 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 | $32,920 |
| Insurance | $13,492 |
| All other expenses | $2,261 |
| Total functional expenses | $354,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,250 |
| Savings and temporary cash investments | $9,490 |
| 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 | $191,405 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $55,044 |
| Investments—publicly traded securities | $705,920 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,923,029 |
| Total assets | $3,995,138 |
| Accounts payable and accrued expenses | $16,132 |
| 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 | $3,350 |
| Total liabilities | $19,482 |
| Net assets without donor restrictions | $3,440,547 |
| Net assets with donor restrictions | $535,109 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,995,138 |