Center For Arts & Learning Inc
- Assets
- $901.6k
- Revenue
- $171.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Montpelier, VT
- Founding
- 09/2014
- Data as of
- 12/2020
- EIN
- 45-5195841
Organization Overview
Center For Arts & Learning Inc is located in Montpelier, VT. The organization was established in 2014. 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 12/2020, Center For Arts & Learning Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Arts & Learning 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 12/2020, Center For Arts & Learning Inc generated $171.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $178.5k during the year ending 12/2020. While expenses have increased by 7.0% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY ENRICHMENT THROUGH ART AND MUSIC EDUCATION AND PROGRAM SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, THE ORGANIZATION CONTINUED TO OPERATE THE ARTS CENTER AT 46 BARRE STREET. THE ORGANIZATION HAS TWO PART-TIME STAFF MEMBERS TO OPERATE THE BUILDING AND FURTHER THE MISSION OF THE ORGANIZATION. DUE TO PANDEMIC CONDITIONS OUR PROGRAMMING INITIATIVES WERE SCALED BACK AFTER Q1 2020 WITH ACCESS TO ORGANIZATION LIMITED TO OUR TENANT MEMBERS AND LIMITED INVITED GUESTS. WE FORMED COMMITTEES TO FOSTER ADDITIONAL PROGRAMMING FUNDRAISING AND BUILDING IMPROVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phayvanh Luekhamhan Executive Director | Officer | 20 | $27,000 |
Elliott Bent President | Officer | 3 | $0 |
John Landy Treasurer | Officer | 5 | $0 |
Liz Benjamin Secretary | Officer | 3 | $0 |
Phillip Robertson Director | Trustee | 3 | $0 |
Allison Rogers Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,336 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,598 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,934 |
| Total Program Service Revenue | $62,014 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $63,146 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $171,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $26,121 |
| Compensation of current officers, directors, key employees. | $26,121 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,235 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,229 |
| Payroll taxes | $5,526 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $743 |
| Office expenses | $4,686 |
| Information technology | $958 |
| Royalties | $0 |
| Occupancy | $56,222 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $27,763 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,306 |
| All other expenses | $0 |
| Total functional expenses | $178,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,895 |
| Savings and temporary cash investments | $11,395 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $467 |
| 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 | $0 |
| Net Land, buildings, and equipment | $869,823 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $901,580 |
| Accounts payable and accrued expenses | $613 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $6,540 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $549,876 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $557,029 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $428,341 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$83,790 |
| Total liabilities and net assets/fund balances | $901,580 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Center For Arts & Learning Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |
Westchester Academic Library Directors Organization Inc New York, NY | $47,276,623 | $38,534,511 |
Pro Publica Inc New York, NY | $60,782,681 | $36,005,300 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Consensus Building Institute Inc Cambridge, MA | $9,333,296 | $7,559,086 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |