Arts Resources For The Town Of Swampscott
- Assets
- $40.8k
- Revenue
- $47.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Swampscott, MA
- Founding
- 10/2004
- Data as of
- 12/2021
- EIN
- 20-0329677
Organization Overview
Arts Resources For The Town Of Swampscott is located in Swampscott, MA. The organization was established in 2004. 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. Arts Resources For The Town Of Swampscott 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 12/2021, Arts Resources For The Town Of Swampscott generated $47.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $27.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S FOCUS IS ON THE RENOVATION OF 89 BURRILL STREET TO BE UTILIZED AS A COMMUNITY ART CENTER IN FOLLOWING YEARS. THE BUILDING IS OWNED BY THE TOWN OF SWAMPSCOTT, MASSACHUSETTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Shear Director | 6 | $0 | |
Jason Lambert Director | 6 | $0 | |
Heidi Shear Director | 8 | $0 | |
Ally DO Director | 3 | $0 | |
Inga Parsons Director | 1 | $0 | |
Ingrid Pichler Director | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,806 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,061 |
| Total Revenue | $47,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $4,111 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,169 |
| Total operating and administrative expenses | $27,630 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $27,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,772 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,772 |
| 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 | $340 |
| Total liabilities | $340 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arts Resources For The Town Of Swampscott has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Ladera Foundation Boston, MA PURPOSE: CHARITY | $200 |
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 |