Bethel Woods Center For The Arts Inc
- Assets
- $29.8m
- Revenue
- $26.0m
- Investments
- $0.0
- Employees
- 433
- Location
- Liberty, NY
- Founding
- 11/2012
- Data as of
- 12/2022
- EIN
- 45-4083198
Organization Overview
Bethel Woods Center For The Arts Inc is located in Liberty, NY. The organization was established in 2012. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Bethel Woods Center For The Arts Inc employed 433 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethel Woods Center 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 12/2022, Bethel Woods Center For The Arts Inc generated $26.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $28.6m during the year ending 12/2022. While expenses have increased by 5.3% per year over the past 8 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.
Since 2014, Bethel Woods Center For The Arts Inc has awarded 26 individual grants totaling $3,539,789. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE, EDUCATE, AND EMPOWER INDIVIDUALS THROUGH THE ARTS AND HUMANITIES.
Describe the Organization's Program Activity:
THE CENTER IS LOCATED AT THE SITE OF THE 1969 WOODSTOCK FESTIVAL IN BETHEL, NY. THE CENTER IS COMMITTED TO INSPIRING EXPRESSION, CREATIVITY AND INNOVATION THROUGH THE ARTS. THE CENTER OFFERS MULTIPLE STAGES FEATURING A DIVERSE SELECTION OF POPULAR AND CULTURALLY-RICH PERFORMANCES, AN AWARD-WINNING MUSEUM, AND EDUCATIONAL AND COMMUNITY PROGRAMS THAT PROVIDE MEANINGFUL EXPERIENCE IN THE ARTS, HISTORY AND CIVIC ENGAGEMENT. THE HEART OF THE CENTER IS THE PAVILION STAGE AMPHITHEATER THAT ACCOMMODATES 15,000 PATRONS WHILE OFFERING UNIQUE BACKDROPS INCLUDING THE ORIGINAL FESTIVAL SITE AND THE MAJESTY OF THE SURROUNDING SULLIVAN COUNTY COUNTRYSIDE.PROGRAMMATIC REVENUE REPORTED IN PART III INCLUDES ALL TICKET SALES AND MEMBERSHIP DUE REVENUE (INCLUSIVE OF AMOUNTS REPORTED AS MEMBERSHIP CONTRIBUTIONS IN PART VIII, LINE 1(B)).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Gerry Board Chairman/trustee | OfficerTrustee | 1 | $0 |
Kathy Frommer Trustee | Trustee | 1 | $0 |
Jeffrey Gerson Trustee | Trustee | 1 | $0 |
Ronald Greenberg Trustee | Trustee | 1 | $0 |
Paul Guenther Secretary/trustee | OfficerTrustee | 1 | $0 |
Steve Marton Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Live Nation Worldwide Inc Promotional Services | 12/30/22 | $9,809,204 |
Phish Inc Talent | 12/30/22 | $1,022,838 |
Cfe Inc Pavilion Roof Replacement | 12/30/22 | $471,852 |
May 11 1991 Inc Talent | 12/30/22 | $434,210 |
Legends Hospitality Llc Talent | 12/30/22 | $429,985 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $709,332 |
| Fundraising events | $390,264 |
| Related organizations | $0 |
| Government grants | $1,076,747 |
| All other contributions, gifts, grants, and similar amounts not included above | $638,669 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,815,012 |
| Total Program Service Revenue | $21,917,348 |
| Investment income | $60,749 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $123,372 |
| Net Gain/Loss on Asset Sales | $35,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,993,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $211,055 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $525,643 |
| Compensation of current officers, directors, key employees. | $525,643 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,407,412 |
| Pension plan accruals and contributions | $133,261 |
| Other employee benefits | $433,394 |
| Payroll taxes | $264,976 |
| Fees for services: Management | $179,727 |
| Fees for services: Legal | $34,055 |
| Fees for services: Accounting | $61,397 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,392,524 |
| Office expenses | $154,288 |
| Information technology | $239,354 |
| Royalties | $0 |
| Occupancy | $871,741 |
| Travel | $180,878 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,417 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $988,700 |
| Insurance | $143,398 |
| All other expenses | $471,756 |
| Total functional expenses | $28,633,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,485,041 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $947,355 |
| 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 | $147,448 |
| Net Land, buildings, and equipment | $20,134,893 |
| Investments—publicly traded securities | $2,964,041 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $164,428 |
| Other assets | $941,974 |
| Total assets | $29,785,180 |
| Accounts payable and accrued expenses | $2,392,483 |
| Grants payable | $0 |
| Deferred revenue | $2,838,096 |
| 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 | $0 |
| Other liabilities | $1,007,417 |
| Total liabilities | $6,237,996 |
| Net assets without donor restrictions | $23,547,184 |
| Net assets with donor restrictions | $0 |
| 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 | $29,785,180 |
Grants Awarded
Over the last fiscal year, Bethel Woods Center For The Arts Inc has awarded $206,615 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE MUSEUM AT BETHEL WOODS PURPOSE: General Support | $126,351 |
CHARLOTTESVILLE AREA COMMUNITY FOUNDATION PURPOSE: General Support | $27,853 |
SFC CHARITABLE FOUNDATION INC PURPOSE: General Support | $11,879 |
THE WATERWHEEL FOUNDATION INC PURPOSE: General Support | $40,532 |