Connecticut Academy For The Arts
- Assets
- $187.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Torrington, CT
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 27-3460511
Organization Overview
Connecticut Academy For The Arts is located in Torrington, CT. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut Academy For The Arts 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, Connecticut Academy For The Arts generated $53.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Henry Sullivan Vp/treasurer | 4 | $0 | |
Roger Newbury Director | 1 | $0 | |
Teresa Graham Sullivan Pres/exec. Dir. | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,080 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,080 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $20,767 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,960 |
| Total expenses | $48,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,874 |
| Other assets | $0 |
| Total assets | $187,686 |
| Total liabilities | $83,260 |
| Net assets or fund balances | $104,426 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Connecticut Academy For The Arts has recieved totaling $17,170.
| Awarding Organization | Amount |
|---|---|
Northwest Connecticut Community Foundation Inc Torrington, CT PURPOSE: Support Virtual Programming | $17,170 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Learning Through An Expanded Arts Program Inc New York, NY | $2,991,832 | $9,986,466 |
Unbounded Learning Inc New York, NY | $10,202,052 | $11,682,333 |
Great Oaks Foundation Inc New York, NY | $2,451,527 | $9,169,233 |
The New York Opportunity Network Inc New York, NY | $9,128,852 | $11,413,843 |
Mdyhs Inc Brooklyn, NY | $134,976 | $6,680,548 |
East Harlem Tutorial Program Inc New York, NY | $86,316,213 | $22,073,171 |
Big Picture Company Inc Providence, RI | $7,837,485 | $8,551,370 |
Icivics Inc Cambridge, MA | $22,668,891 | $21,117,538 |
Coleridge Initiative Incorporated New York, NY | $7,309,753 | $10,132,934 |
Citizen Schools Inc Boston, MA | $5,221,320 | $8,840,523 |
Older Adults Technology Services Inc Brooklyn, NY | $4,283,577 | $6,770,707 |
Brooklyn Waldorf School Brooklyn, NY | $12,262,010 | $7,427,776 |