Wellesley Society Of Artists Inc
- Assets
- $17.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 81-0864697
Organization Overview
Wellesley Society Of Artists Inc is located in Wellesley, MA. The organization was established in 2016. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Wellesley Society Of Artists 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, Wellesley Society Of Artists Inc generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $9.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE WSA GIVES MEMBERS OPPORTUNITIES TO EXHIBIT THEIR WORK, PROVIDES A SUPPORTIVE ENVIRONMENT THAT WILL STIMULATE PERSONAL CREATIVITY, AND ENCOURAGES THE SHARING OF IDEAS, KNOWLEDGE AND SKILLS. WSA GIVES EXHIBITING MEMBERS AN OPPORTUNITY TO EXHIBIT THEIR WORK IN COMMUNITY VENUES THAT ATTRACT AN APPRECIATIVE AND RECEPTIVE POPULATION, INCLUDING THE WELLESLEY FREE LIBRARY AND THE WELLESLEY WEBSTER BANK. DURING THE COVID -19 PANDEMIC, THE WSA SHOWS HAVE BEEN ONLINE. EXHIBITING MEMBERS MAY SUBMIT WORK TO EACH OF OUR EXHIBITIONS. PROFESSIONAL ARTISTS JUDGE OUR SHOWS, AND THE WSA AWARDS CASH PRIZES TO THE WINNING ARTISTS. WE PROMINENTLY POST WINNING ART ON OUR WEBSITE'S AWARD WINNER GALLERY. THE WSA ALSO CREATES A DEDICATED WEBSITE PAGE FOR EACH EXHIBITING MEMBER ACCESSED THROUGH OUR GALLERY. THROUGHOUT THE YEAR, WE PROVIDE PROGRAMS, CRITIQUES AND DEMONSTRATIONS IN VARIOUS MEDIA BY PROFESSIONAL ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvonne Unger Treasurer | 2 | $0 | |
Nancy Treves President | 5 | $0 | |
Yale Nicolls Clerk | 2 | $0 | |
Barbara Suratt Director | 2 | $0 | |
Nancy Present Vanbroekhoven Director | 2 | $0 | |
Beverley Barnard Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,125 |
| Total Program Service Revenue | $3,644 |
| Membership dues | $4,974 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5 |
| Total Revenue | $13,748 |
| 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 | $950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,825 |
| Total expenses | $9,025 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,766 |
| Other assets | $0 |
| Total assets | $17,766 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,766 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Van Alen Institute Projects In Public Architecture Brooklyn, NY | $44,490,814 | $3,072,994 |
Urbanglass New York Contemporary Glass Center Inc Brooklyn, NY | $1,687,992 | $2,437,335 |
American Institute Of Architects New York, NY | $10,952,534 | $3,079,461 |
Williamstown Art Conservation Center Inc Williamstown, MA | $5,527,048 | $2,431,960 |
Waterfire Providence Providence, RI | $10,698,557 | $2,564,695 |
Sculpture Center Inc Long Island City, NY | $6,449,144 | $2,106,254 |