The Center For Contemporary Art
- Assets
- $282.1k
- Revenue
- $590.5k
- Investments
- $0.0
- Employees
- 13
- Location
- Bedminster, NJ
- Founding
- 11/1974
- Data as of
- 12/2022
- EIN
- 23-7258510
Organization Overview
The Center For Contemporary Art is located in Bedminster, NJ. The organization was established in 1974. 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 12/2022, Center For Contemporary Art employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Contemporary Art 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 12/2022, Center For Contemporary Art generated $590.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $566.7k during the year ending 12/2022. While expenses have increased by 0.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
A CONTEMPORARY CULTURAL CENTER PROVIDING ARTS EDUCATION, EXHIBITIONS AND COMMUNITY OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONTHE CENTER FOR CONTEMPORARY ART OFFERS A FULL RANGE OF VIRTUAL AND IN PERSON STUDIO CLASSES AND WORKSHOPS TAUGHT BY PROFESSIONAL TEACHING ARTISTS YEAR-ROUND IN A VARIETY OF MEDIA INCLUDING OILS, ACRYLIC AND WATERCOLOR, PASTEL, WHEEL AND HAND-BUILT CERAMICS, GOUACHE, WATERCOLOR, PEN AND INK, DRAWING, SCULPTURE, PHOTOGRAPHY AND MIXED MEDIA. COURSES ARE MULTI-LEVEL AND DESIGNED FOR ALL AGES, LEVELS OF EXPERIENCE, AND ABILITY. WEEK-LONG SUMMER ART CAMPS ARE OFFERED JULY-AUGUST, IN PERSON AND WITH HYBRID OPTIONS (STUDENTS PARTICIPATE BOTH VIRTUALLY AND IN PERSON), AS WELL AS ART CAMPS FOR CHILDREN WITH SPECIAL NEEDS.
EXHIBITIONS/GALLERYTHE CENTER FOR CONTEMPORARY ART PRESENTS BOTH IN PERSON AND VIRTUAL ROTATING HIGH QUALITY EXHIBITIONS OF CONTEMPORARY ART BY EMERGING, MID-CAREER AND UNDER-REPRESENTED ARTISTS IN A VARIETY OF MEDIA AND SUBJECT MATTER. THE CENTER'S MEMBERS AND STUDENTS AND SOMERSET COUNTY SCHOOL CHILDREN ALSO BENEFIT FROM ANNUAL EXHIBITION OPPORTUNITIES. AN ANNUAL INTERNATIONAL JURIED EXHIBITION AWARDS CASH PRIZES AND SOLO EXHIBITION AWARDS. VIRTUAL OPENING RECEPTIONS AND ARTIST STUDIO VISITS ROUND OUT THE PROGRAM. GALLERY ADMISSION IS BY SUGGESTED DONATION AND EXHIBITIONS ARE FULLY-ACCESSIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cyndi Wish Executive Dir. | Officer | 40 | $72,094 |
Elie Porter Trubert Former Ed | Officer | 40 | $29,587 |
Isi Agbato Trustee | Trustee | 2 | $0 |
Mary Lev Trustee | Trustee | 2 | $0 |
Eileen Mcnamara-Raisch Treasurer | OfficerTrustee | 2 | $0 |
Lisa Mayle Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $21,125 |
| Fundraising events | $1,373 |
| Related organizations | $0 |
| Government grants | $91,914 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,042 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,454 |
| Total Program Service Revenue | $397,178 |
| Investment income | $3,081 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,597 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $590,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $668 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,681 |
| Compensation of current officers, directors, key employees. | $15,252 |
| Compensation to disqualified persons | $149,463 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,086 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,771 |
| Office expenses | $0 |
| Information technology | $4,290 |
| Royalties | $0 |
| Occupancy | $53,957 |
| Travel | $426 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,011 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,881 |
| Insurance | $0 |
| All other expenses | $17,681 |
| Total functional expenses | $566,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,958 |
| Savings and temporary cash investments | $219,836 |
| Pledges and grants receivable | $1,020 |
| Accounts receivable, net | $1,540 |
| 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 | $11,548 |
| Net Land, buildings, and equipment | $32,337 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,811 |
| Total assets | $282,050 |
| Accounts payable and accrued expenses | $20,371 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $98,599 |
| Other liabilities | $4,815 |
| Total liabilities | $123,785 |
| Net assets without donor restrictions | $152,186 |
| Net assets with donor restrictions | $6,079 |
| 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 | $282,050 |