Victor Association Of Cultural And Performing Arts Inc is located in Farmington, NY. The organization was established in 1984. 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 12/2021, Victor Association Of Cultural And Performing Arts Inc employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victor Association Of Cultural And Performing Arts 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 12/2021, Victor Association Of Cultural And Performing Arts Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 5.8% per year over the past 7 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
TO PROMOTE APPRECIATION OF AND PARTICIPATION IN VISUAL AND PERFORMING ARTS BY INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND THE GENERAL PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAYHABILITATION PROGRAM FOR PEOPLE WITH DISABILITIES: MORE THAN 100 STUDENTS SERVED. SESSIONS HELD MONDAY-FRIDAY 9AM-2PM. INSTRUCTION OF MUSIC, DANCE, THEATRE, VISUAL ARTS & LITERATURE TO DEVELOPMENTALLY DISABLED INDIVIDUALS, PRINCIPALLY THROUGH THE NEW YORK STATE LICENSED MEDICAID WAIVERED DAYHABILITATION PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lorene Benson Executive Director | Officer | 50 | $109,676 |
Jack Stover III President | OfficerTrustee | 1 | $0 |
Jennifer Collins Secretary | OfficerTrustee | 1 | $0 |
Margie Wright Vice President | OfficerTrustee | 1 | $0 |
Jennifer Margaret Williamson Director | Trustee | 1 | $0 |
Pam Ferguson Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $371,695 |
All other contributions, gifts, grants, and similar amounts not included above | $2,870 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $374,565 |
Total Program Service Revenue | $2,129,918 |
Investment income | $0 |
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 | $2,511,834 |
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. | $109,738 |
Compensation of current officers, directors, key employees. | $27,435 |
Compensation to disqualified persons | $298,483 |
Other salaries and wages | $1,287,978 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $91,099 |
Payroll taxes | $149,941 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,977 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $49 |
Office expenses | $12,575 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $73,275 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $39,569 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $110,393 |
Insurance | $51,306 |
All other expenses | $5,521 |
Total functional expenses | $2,526,842 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $155,528 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $170,420 |
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 | $10,456 |
Net Land, buildings, and equipment | $1,542,266 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,177 |
Other assets | $0 |
Total assets | $1,879,847 |
Accounts payable and accrued expenses | $40,858 |
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 | $794,592 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $835,450 |
Net assets without donor restrictions | $1,037,397 |
Net assets with donor restrictions | $7,000 |
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 | $1,879,847 |
Over the last fiscal year, we have identified 2 grants that Victor Association Of Cultural And Performing Arts Inc has recieved totaling $17,500.
Awarding Organization | Amount |
---|---|
Max And Marian Farash Charitable Foundation Rochester, NY PURPOSE: CHARITABLE PURPOSE | $11,500 |
Stuart Four Square Fund Dallas, TX PURPOSE: UNRESTRICTED FOR CHARITABLE OPERATIONS | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
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 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
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 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
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 |