Artspace Community Arts Center is located in Greenfield, MA. The organization was established in 1974. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Artspace Community Arts Center 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, Artspace Community Arts Center generated $139.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $181.3k during the year ending 06/2022. While expenses have increased by 6.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
INSTRUCTIONAL PROGRAMS IN MUSIC AND THE ARTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Hussey President | 2 | $0 | |
Margaret Michalski Treasurer | 4 | $0 | |
Franklin Schwerin Clerk (resigned 2/22) | 2 | $0 | |
Lahri Bond Director | 1 | $0 | |
Julie Carew Director | 25 | $23,077 | |
Andrew Varnon Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,394 |
Total Program Service Revenue | $102,346 |
Membership dues | $0 |
Investment income | $16 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,625 |
Total Revenue | $139,381 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $118,771 |
Professional fees and other payments to independent contractors | $17,401 |
Occupancy, rent, utilities, and maintenance | $17,452 |
Printing, publications, postage, and shipping | $5,397 |
Other expenses | $22,255 |
Total expenses | $181,276 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,661 |
Other assets | $0 |
Total assets | $195,087 |
Total liabilities | $94,252 |
Net assets or fund balances | $100,835 |