After School Arts Program Inc
- Assets
- $428.1k
- Revenue
- $575.7k
- Investments
- $0.0
- Employees
- 15
- Location
- Washington Depot, CT
- Founding
- 11/2004
- Data as of
- 06/2022
- EIN
- 20-1308465
Organization Overview
After School Arts Program Inc is located in Washington Depot, CT. The organization was established in 2004. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, After School Arts Program Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. After School Arts Program 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 06/2022, After School Arts Program Inc generated $575.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $511.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 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
THE AFTER SCHOOL ARTS PROGRAM, INC. IS DEDCIATED TO PROVIDING ARTISTIC OPPORTUNITIES FOR CHILDREN, PARENTS, AND OTHER MEMBERS OF THE GENERAL PUBLIC, PARTICULARLY THOSE FROM NORTHWEST CONNECTICUT, THROUGH EDUCATIONAL WORKSHOPS, EVENTS, AND FIELD TRIPS WITH PROFESSIONAL ARTISTS AND ART ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH THE USE OF EDUCATIONAL MATERIALS AND SEMINARS TO EDUCATE THE PUBLIC ON ALL ASPECTS OF THE ARTS, OVER 800 STUDENTS ENROLLED AND NEARLY 10,000 PEOPLE PARTICPATED IN OUR PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Torti Executive Di | Officer | 40 | $103,000 |
Tal Fagin President | Officer | 5 | $0 |
Jack Rosenberg Treasurer | Officer | 4 | $0 |
Amy Julia Becker Secretary | Officer | 1 | $0 |
Amol Naik Boardmember | Trustee | 1 | $0 |
Andrew Linde Boardmember | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $130,115 |
| All other contributions, gifts, grants, and similar amounts not included above | $324,287 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $454,402 |
| Total Program Service Revenue | $60,188 |
| Investment income | $6,136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $54,996 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $575,722 |
| 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. | $103,000 |
| Compensation of current officers, directors, key employees. | $20,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $188,770 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,961 |
| Payroll taxes | $31,311 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,064 |
| Fees for services: Other | $15,665 |
| Advertising and promotion | $15,288 |
| Office expenses | $14,114 |
| Information technology | $10,867 |
| Royalties | $0 |
| Occupancy | $15,075 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,334 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,487 |
| Insurance | $3,691 |
| All other expenses | $3,022 |
| Total functional expenses | $511,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,364 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,710 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,630 |
| Prepaid expenses and deferred charges | $2,357 |
| Net Land, buildings, and equipment | $8,684 |
| Investments—publicly traded securities | $228,559 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,783 |
| Total assets | $428,087 |
| Accounts payable and accrued expenses | $16,293 |
| Grants payable | $0 |
| Deferred revenue | $25,911 |
| 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 | $1,935 |
| Total liabilities | $44,139 |
| Net assets without donor restrictions | $358,165 |
| Net assets with donor restrictions | $25,783 |
| 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 | $428,087 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that After School Arts Program Inc has recieved totaling $185,847.
| Awarding Organization | Amount |
|---|---|
Connecticut Community Foundation Inc Waterbury, CT PURPOSE: GIVE LOCAL 2021; ART PROGRAMS AT CHILDREN'S COMMUNITY SCHOOL | $57,162 |
Diebold Foundation Inc Roxbury, CT PURPOSE: SCHOOL YEAR ARTS PROGRAMS | $25,000 |
Jean & Julien Levy Foundation For The Arts Inc Newtown, CT PURPOSE: ARTIST FEES FOR WORKSHOPS & FIELD TRIPS,SUPPLIES & TRANSPORTATION | $17,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: EDUCATIONAL PROGRAMS & OTHER STUDENT SVC | $15,000 |
Maurice Sendak Foundation Inc Ridgefield, CT PURPOSE: TO PROVIDE ARTS PROGRAM FOR STUDENTS | $12,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $11,500 |
Endowment Analysis
| Beg. Balance | $28,022 |
| Earnings | -$2,239 |
| Ending Balance | $25,783 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |
Marquis Studios Ltd Brooklyn, NY | $2,435,475 | $3,259,805 |