Jean & Julien Levy Foundation For The Arts Inc
- Assets
- $1.7m
- Revenue
- $378.0k
- Investments
- $1.6m
- Employees
- 0
- Location
- Newtown, CT
- Founding
- 12/1985
- Data as of
- 05/2022
- EIN
- 22-2647001
Organization Overview
Jean & Julien Levy Foundation For The Arts Inc is located in Newtown, CT. The organization was established in 1985. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Jean & Julien Levy Foundation For The 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 05/2022, Jean & Julien Levy Foundation For The Arts Inc generated $378.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.4% each year . All expenses for the organization totaled $148.1k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Difilippantonio Secretary | 40 | $60,060 | |
Miles Borzilleri Trustee, Treasurer | 0.5 | $0 | |
John R Farron Trustee | 0.25 | $0 | |
Eric W Strom Chairman Of The Board | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $42,210 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $335,736 |
| Capital Gain Net Income | $335,736 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $91 |
| Total Revenue | $378,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,060 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,376 |
| Depreciation | $516 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,520 |
| Total operating and administrative expenses | $113,059 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $148,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,480 |
| Savings and temporary cash investments | $109,212 |
| 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 | $96,172 |
| Net Land, buildings, and equipment | $689 |
| Other assets | $2,500 |
| Total assets | $1,730,007 |
| 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 | $47 |
| Total liabilities | $47 |
Grants Awarded
Over the last fiscal year, Jean & Julien Levy Foundation For The Arts Inc has awarded $35,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington Depot, CT PURPOSE: ARTIST FEES FOR WORKSHOPS & FIELD TRIPS,SUPPLIES & TRANSPORTATION | $17,000 |
PILOBOLUS EDUCATION FUND PURPOSE: SUPPORT,PRESERVATION & GROWTH OF THE EDUCATIONAL INITIATIVES | $13,000 |
Litchfield, CT PURPOSE: SUPPORT JAZZ CAMPS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy Prep Public Schools New York, NY | $18,413,140 | $22,499,463 |
Theatre Development Fund Inc New York, NY | $10,654,511 | $12,739,705 |
New England Foundation For The Arts Inc Boston, MA | $37,132,144 | $19,074,510 |
New York Foundation For The Arts Inc Brooklyn, NY | $8,779,392 | $10,995,267 |
Moving Picture Institute New York, NY | $5,367,184 | $7,460,439 |
Liz Claiborne & Art Ortenberg Foundation New York, NY | $208,358,667 | $11,296,700 |
Art Of Problem Solving Initiative Inc New York, NY | $11,649,838 | $7,944,885 |
Performance Zone Inc New York, NY | $3,205,718 | $5,815,345 |
America-Israel Cultural Foundation Inc New York, NY | $5,736,559 | $3,348,442 |
Music Performance Trust Fund New York, NY | $10,128,887 | $4,587,841 |
Aba Pathways Inc Monroe, NY | $523,879 | $2,142,341 |
Slomo And Cindy Silvian Foundation Inc Melville, NY | $39,807,745 | $2,244,473 |