Peters Valley Craft Center Inc is located in Layton, NJ. The organization was established in 1971. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 09/2021, Peters Valley Craft Center Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peters Valley Craft Center 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 09/2021, Peters Valley Craft Center Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $1.2m during the year ending 09/2021. While expenses have increased by 9.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PETERS VALLEY ENRICHES LIVES THROUGH THE LEARNING, APPRECIATION AND PRACTICE OF THE ART OF FINE CRAFT. THE SCHOOL IS AN INDEPENDENT NON-PROFIT THAT WORKS IN PARTNERSHIP WITH THE DELAWARE WATER GAP NATIONAL RECREATION AREA (NATIONAL PARK SERVICE) THROUGH A GENERAL AGREEMENT UTILIZING HISTORIC BUILDINDS THROUGH ADAPTIVE RESUSE FOR ITS PROGRAMS. PETERS VALLEY SCHOOL OF CRAFT, INC. SERVES FOUR GROUPS OF CONSTITUENTS.1.STUDENTS WHO COME TO PETERS VALLEY TO BE ENRICHED THROUGH THE LEARNING SKILLS, EXPLORATION OF DESIGN, MATERIAL SCIENCE AND HISTORY, FOR THE MAKING OF FINE CRAFT OBJECTS.2.PROVIDES ART IN THE PARK EXPERIENCES TO THE GENERAL PUBLIC WHO VISIT PETERS VALLEY AND THE DELAWARE WATER GAP NATIONAL RECREATION AREA TO BE CULTURALLY ENRICHED BY LEARNING ABOUT AND DEVELOPING AN APPRECIATION OF FINE CRAFT.3.EMERGING AND PROFESSIONAL ARTISTS ARE ENGAGED BY PETERS VALLEY TO TEACH, LEARN, EXHIBIT, COLLABORATE, PRESENT, MAKE AND SELL WORK.SIGNIFICANT ACTIVITIES THAT SERVE THE MISSION ARE:1: RO
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCES VOCATIONAL HANDS ON IMMERSIVE EDUCATIONAL PROGRAMMING IN FULLY EQUIPPED STUDIOS IN BLACKSMITHING, CERAMICS, FIBER/TEXTILE ARTS, FINE METALS/JEWERLY, GLASS, PHOTOGRAPHY, PRINTMAKING, MIXED MEDIA/SPECIAL TOPICS, WOODWORKING FOR ADULTS AND YOUTH ART PROGRAMS. PRODUCES VIRTUAL EDUCATIONAL PROGRAMMING INCLUDING INSTRUCTION AND FREE ARTIST LECTURES AND PANEL DISCUSSIONS. ADDITIONALLY, THE SCHOOL HAS PUBLIC OUTREACH PROGRAMS WHICH INCLUDE DEMONSTRATING THE ARTISTS IN SCHOOLS, PUBLIC EVENTS AND ASSISTED LIVING FACILITIES. THE SCHOOL ENGAGES EMERGING AND ESTABLISHED ARTISTS AS INSTRUCTORS AND PRESENTERS PROVIDES ARTIST RESIDENCIES, FELLOWSHIPS AND STUDIO ASSISTANTSHIPS TO PROVIDE PROFESSIONAL DEVELOPMENT AND ADVANCEMENT OPPORTUNITIES FOR ARTISTS.PETERS VALLEY HOSTS AND PRODUCES CURATED GALLERY EXHIBITIONS RELATING TO FINE CRAFT AND CONTEMPORARY TOPICS AND OPERATES A RETAIL AND OLINE GALLERY PRESENTING OVER 300 AMERICAN ARTISTS/MAKERS WORK FOR SALE TO SUPPORT WORKING ARTISTS AND PROGRAMS AT PETERS VALLEY.SPECIAL EVENTS INCLUDES; A NATIONALLY JURIEED CRAFT FAIR (HELD AT THE SUSSEX COUNTY FAIRGROUNDS IN AUGUSTA, NJ PRESENTING APPROXIMATELY 125-150 EXHIBTING ARTISTS, CRAFT DEMONSTRATIONS, COMMUNITY GROUPS AND IS ATTENDED BY OVER 4,500 PEOPLE), BENEFIT EVENTS,VIRTUAL MARKETS AND PRESENTATIONS, A TRAVEL PROGRAM FEATURING NATIONAL AND GLOBAL ARTS AND CRAFTS TOURS, ART IN THE PARK DAY IN MAY (OPEN HOUSE EVENT) ANNUALLY.THE CAMPUS IS LOCATED IN THE DELAWARE WATER GAP NATIONAL RECREATION AREA AND IS COMPRISED OF 38 HISTORIC STRUCTURS THAT ARE CARED FOR BY PETERS VALLEY AND PROVIDE ROBUST CULTURAL EXPERIENCES FOR VISITORS TO THE PARK AND SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristin Muller Executive Dir. | Officer | 40 | $90,401 |
Debrah Meltz President | OfficerTrustee | 2 | $0 |
Robert Martin Treasurer | OfficerTrustee | 2 | $0 |
Maureen Strelzik Vice President | OfficerTrustee | 4 | $0 |
Maleyne Syracuse Past President | OfficerTrustee | 6 | $0 |
Cathryn Jasterzbski Director | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $338,581 |
All other contributions, gifts, grants, and similar amounts not included above | $756,170 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,094,751 |
Total Program Service Revenue | $545,412 |
Investment income | $1,243 |
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 | $78,703 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,720,109 |
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. | $90,401 |
Compensation of current officers, directors, key employees. | $90,401 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $294,217 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $25,308 |
Payroll taxes | $36,290 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $44,493 |
Advertising and promotion | $47,417 |
Office expenses | $34,501 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $940 |
Conferences, conventions, and meetings | $0 |
Interest | $9,129 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,385 |
Insurance | $39,480 |
All other expenses | $123,748 |
Total functional expenses | $1,240,030 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $599,519 |
Savings and temporary cash investments | $95,551 |
Pledges and grants receivable | $132,130 |
Accounts receivable, net | $58,352 |
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 | $3,710 |
Net Land, buildings, and equipment | $167,734 |
Investments—publicly traded securities | $20,293 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,077,289 |
Accounts payable and accrued expenses | $46,869 |
Grants payable | $0 |
Deferred revenue | $34,881 |
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 | $278,687 |
Other liabilities | $1,289 |
Total liabilities | $361,726 |
Net assets without donor restrictions | $627,472 |
Net assets with donor restrictions | $88,091 |
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 | $1,077,289 |
Over the last fiscal year, we have identified 5 grants that Peters Valley Craft Center Inc has recieved totaling $57,340.
Awarding Organization | Amount |
---|---|
Princeton Area Community Foundation Inc Lawrenceville, NJ PURPOSE: New Jersey Arts and Culture Recovery Fund Grant Ap | $37,500 |
Maxwell Hanrahan Foundation Portola Valley, CA PURPOSE: TO ESTABLISH AN ARTIST RESIDENCY PROGRAM THAT ALLOWS 5 ARTISTS (ONE PER STUDIO) TO RESIDE AT PETERS VALLEY FOR A PERIOD OF 2 WEEKS IN THE FALL OR SPRING SEASON AND DEDICATE THEIR TIME TO THEIR CRAFT IN A FULLY EQUIPPED STUDIO WITHIN THE RETREAT-LIKE SETTING OF THE CAMPUS LOCATED IN A NATIONAL PARK. | $10,000 |
John A And Margaret Post Foundation Inc Mt Bethel, PA PURPOSE: CHARITABLE | $7,500 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $2,090 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $250 |
Beg. Balance | $37,302 |
Earnings | $2,050 |
Grants | $2,520 |
Ending Balance | $36,832 |
Organization Name | Assets | Revenue |
---|---|---|
Building Service Thomas Shortman Training Scholarship And New York, NY | $24,265,152 | $18,661,986 |
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa New York, NY | $32,423,989 | $13,554,381 |
Northeast Carpenters Apprenticeship Fund Edison, NJ | $19,860,788 | $10,381,249 |
Hawthorne Valley Association Inc Ghent, NY | $11,965,949 | $10,914,219 |
Operating Engineers Local 825 Springfield, NJ | $22,861,458 | $9,545,959 |
Operating Engineers Local 825 Sub Fund Springfield, NJ | $82,702,164 | $12,313,269 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |
Opportunities For A Better Tomorrow Inc Brooklyn, NY | $2,168,451 | $7,819,105 |
Daybreak Independent Service Inc Yonkers, NY | $5,959,924 | $7,495,936 |
Eastern Atlantic States Carpenters Technical College Philadelphia, PA | $14,328,660 | $6,924,336 |
District Council 37 Educational Fund New York, NY | $10,076,820 | $7,327,627 |
Private Industry Council Of Passaic County Incorporated Paterson, NJ | $8,802,108 | $8,665,964 |