I-Park Foundation Inc

Organization Overview

I-Park Foundation Inc is located in East Haddam, CT. The organization was established in 2011. 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, I-Park Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I-Park Foundation 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, I-Park Foundation Inc generated $555.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $396.9k during the year ending 12/2021. While expenses have increased by 3.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NURTURING ARTISTS AND THE CREATIVE PROCESS THROUGH ITS INTERNATIONAL ARTISTS-IN-RESIDENCE PROGRAM, THE AESTHETIC ENGAGEMENT OF ITS NATURAL ENVIRONMENT AND COMMUNITY PROGRAMMING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

I-PARK'S CORE ACTIVITY IS ITS GENERAL RESIDENCY PROGRAM. MIXED-DISCIPLINE GROUPS, GENERALLY 6-7 ARTISTS AT A TIME, SPEND A MONTH TOGETHER AT THE I- PARK FACILITY. THEY ARE PROVIDED WITH A PRIVATE BEDROOM, PRIVATE STUDIO, MEALS PROGRAM, WORKSHOP AND OTHER SHARED SPACES, ENTHUSIASTIC STAFF SUPPORT AND OPEN ACCESS TO AN EXPANSIVE, VARIED NATURAL LANDSCAPE WITH MILES OF ART/NATURE TRAILS. WHILE MOST PARTICIPANTS ARE PRIMARILY DEVOTED TO STUDIO PRACTICE, MANY CHOOSE TO EXPLORE THE LIMITLESS CREATIVE POTENTIAL AFFORDED BY THE I-PARK GROUNDS. THE RESIDENCIES ARE FULLY-FUNDED; ARTISTS' ONLY COSTS ARE FOR TRAVEL TO AND FROM THE AREA AND THEIR OWN ART MATERIALS. EACH RESIDENCY SESSION ENDS WITH A PUBLIC OPEN STUDIOS EVENT, WHERE THE ARTISTS OPEN THEIR STUDIOS AND SHARE COMPLETED AND IN-PROCESS WORK PROJECTS AND OFFER GLIMPSES INTO THEIR CREATIVE PROCESS.


IN 2021, I-PARK HOSTED ITS EIGHTH SITE-RESPONSIVE ART RESIDENCY & BIENNALE, A MULTI-DISCIPINARY EXHIBITION OF TOP-QUALITY WORKS FROM THE FIELD OF SITE-RESPONSIVE ART. THE PROGRAM INCLUDED A 3-WEEK ONSITE RESIDENCY DURING WHICH NEW WORKS WERE CONCEIVED AND INSTALLED. NINE OUTSTANDING NEW WORKS WERE CREATED FOR THE EXHIBITION. BECAUSE OF LINGERING CONCERNS ABOUT COVID, ALL THE ARTISTS WERE FROM THE U.S., THE FIRST TIME THIS HAPPENDED. ALSO, 3 OF THE PROJECTS WERE DEVELOPED BY COLLABORATING TEAMS. SEVEN OF THE ARTISTS/TEAMS RECEIVED 3,500 AWARDS AS WELL AS A MATERIALS BUDGET AND TRAVEL REIMBURSEMENT. IN CELEBRATION OF I-PARK'S 20TH ANNIVERSARY, TWO BIPOC ARTISTS WERE COMMISSIONED TO CREATE SUBSTANTIAL NEW WORKS FOR THE BIENNALE. EACH RECEVIED AWARDS OF 12,500 AS WELL AS MATERIALS AND TRAVEL REIMBURSEMENTS. THE BIENNALE OPENING WAS WELL ATTENDED AND WAS FOLLOWED UP WITH SEVERAL FREE PUBLIC TRAIL WALKS. AS OF THIS DATE, ALL 9 WORKS REMAIN IN GOOD CONDITION.


COMMUNITY ENGAGEMENT AT I-PARK CONSISTS OF ORGANIZING PUBLIC EVENTS SUCH AS OPEN STUDIOS, WHERE THE ARTISTS OPEN THEIR STUDIOS AT THE END OF THEIR RESIDENCIES TO EXPOSE MEMBERS OF THE PUBLIC TO THEIR WORK PROJECTS AND CREATIVE PROCESS, OPEN TRAILS DAYS, VOLUNTEERS' DAYS, A FREE FAMILY DAY AND HOSTING GROUPS OF SCHOOL CHILDREN - FOR BIRD WALKS AND WALKS ALONG OUR EXPANSIVE SYSTEM OF ART/NATURE TRAILS WE ALSO MAKE OFFSITE PRESENTATIONS AND PARTNER WITH OTHER ARTS ORGANIZATIONS IN THE REGION TO SHARE IDEAS, EXPOSE ONE ANOTHER TO OPPORTUNITIES IN THE FIELD AND COLLABORATE ON PUBLIC PROGRAMMING FOR MUTUAL BENEFIT.


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Board, Officers & Key Employees

Name (title)Compensation
Joanne Paradis
Treasurer
$75,000
Ralph Crispino Jr
President, B
$0
Naomi Otterness
Secretary
$0
Michael Geller
Director
$0
Mie Preckler
Board Member
$0
Lynn Wilkinson
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$9,979
Related organizations$0
Government grants $124,705
All other contributions, gifts, grants, and similar amounts not included above$366,327
Noncash contributions included in lines 1a–1f $49,717
Total Revenue from Contributions, Gifts, Grants & Similar$501,011
Total Program Service Revenue$5,894
Investment income $8,808
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,203
Net Gain/Loss on Asset Sales $27,741
Net Income from Fundraising Events $9,398
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $555,605

Grants Recieved

Over the last fiscal year, we have identified 1 grants that I-Park Foundation Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Silver Lining Private Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$5,000
View Grant Recipient Profile

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